Telecom operators began building pay-TV services nearly a
decade ago, but third quarter earnings over the past few days showed operators
like AT&T’s U-Verse and Verizon’s FiOs are finally becoming formidable
rivals to cable carriers, at least in markets where they operate, WSJ reports.
Illustrating the point: the top two cable providers, Comcast
Corp. and Time Warner Cable Inc., shed 435,000 video customers in the quarter,
while AT&T and Verizon added 400,000.
The power shift could have significant implications for the
TV industry, as public actions and statements by the phone operators suggest
they are more focused on delivering strong broadband products and willing to
experiment with video streaming subscription services — already a rising source
of competition for the traditional TV industry, the story notes.
Read More Now (Subsciption Required)
No comments:
Post a Comment