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Posts with tag investment

AUSTAR content with leaving the HD to Foxtel

Here's an interesting one. Australia's AUSTAR (a pay-TV provider, for those not in the know) is seemingly not in any hurry whatsoever to do as staunch rival Foxtel did and begin offering HD to its customers. Rather than catching up to the competition (and splurging on an investment), AUSTAR is pinching its pennies. According to the company's chief executive, he doesn't feel "a huge amount of pressure" to embrace high-def, suggesting that the increase in customers from the addition of high-definition isn't worth the steep cost. Of course, he did admit that HD would likely be in the carrier's future, but probably not until "mid-2010" or later. C'mon people, how many times do the experts have to tell you? Build it (first), and they will come.

Comcast sinks money in P2P video-delivery startup -- imagine that


After being accused of slowing traffic on peer-to-peer applications and eventually fessing up at least somewhat to controlling throughput, Comcast has went and sunk some cash into a P2P video-delivery startup. Seattle-based GridNetworks announced this week that the mega-corp would make "an unspecified investment in the company and collaborate on developing so-called peer-to-peer file-sharing techniques that are friendly to internet service providers." Outside of that, what the deal means for either party has yet to be fully revealed, but regardless of future plans, one can't help but chuckle at the glaring irony of the whole ordeal.

Verizon unloading $86 million on Rhode Island network expansion


Verizon's doing more than just blessing Oregon customers with more HD content -- it's also preparing to bring its fiber-based services to even more folks in the Ocean State. $86 million has been set aside to invest in network expansion within Rhode Island, promising FiOS TV to an additional ten communities (specifics were solely absent) and giving another 50 union-represented technicians and customer service representatives a job. Yep, all that new cabling means expanding its Providence-based Fiber Solutions Center, but it failed to mention when the new hires would take place. Lastly, it's planning on upgrading the internet services in Cranston, Hope Valley, Jamestown, Narragansett, Pawtucket, Providence, Tiverton and Weekapaug, giving each of those locales download speeds of 7-megabits per second.

SuddenLink makes investment in Eastern NC, plans for more HD channels


Details are admittedly scant on this at the moment, but what is clear is that SuddenLink Communications is writing a check for $16 million in order to improve services in and around Eastern North Carolina. According to Phil Ahlschlager, SuddenLink's North Carolina Regional Vice President, the capital improvements "will enhance the overall quality and reliability of the company's services." Additionally, the 95,000 or so homes in the area currently using SuddenLink can reportedly expect "faster internet connections, better phone service and more HD channels," though we're not told when the improvements will start nor what high-def channels are slated to get added. Looks like it's wait-and-see from here, sadly.




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