Thursday, May 29, 2003 4:44:37 PM
Yet another company making plans on the move to offer video over wire. I like their use of a particular word, could it be?!
Qwest ready to go to video
Like other U.S. telephone companies, Qwest is getting set to pump video and TV services into homes, to counter recent moves by cable providers to sell Net-based phone services.
Qwest Communications International is the latest of the major U.S. telephone companies getting set to pump video and TV services into homes, to counter recent moves by cable providers to sell Net-based phone services.
"We hope to be able soon to offer our customers video services as part of a bundle," Qwest Chairman and CEO Richard Notebaert told analysts Thursday following the release of the company's first-quarter earnings. Notebaert said during a conference call that Qwest is now finalizing partnerships with various providers of video content and that a new offering is expected "soon," though he did not elaborate. Qwest intends to craft joint marketing deals to match up partners' video offerings with its own voice, data, and wireless products, he said.
Qwest is the third of the nation's four major phone companies to tip their hand about upcoming video services. SBC Communications recently said it intends to offer video, and BellSouth is reportedly testing a video service. Verizon Communications hasn't given any indications yet about video.
Most analysts see the eventual move into cable TV and other video entertainment as part of a trend among cable and telephone companies to use bundles of steeply discounted services to attract and keep customers. Cable companies sell TV and broadband access at discounted rates when bought as part of a package of services. Telephone companies offer similar deals on telephone and broadband connections.
Until recently, telephone companies didn't worry about cable operators adding voice services to their bundles. But the growing sophistication of voice over Internet Protocol technology, which turns voice signals into digital packets for dispatch over the Internet, lets cable companies sell packages of telephone service, cable programming and broadband connections.
Ruff Ruff
Qwest ready to go to video
Like other U.S. telephone companies, Qwest is getting set to pump video and TV services into homes, to counter recent moves by cable providers to sell Net-based phone services.
Qwest Communications International is the latest of the major U.S. telephone companies getting set to pump video and TV services into homes, to counter recent moves by cable providers to sell Net-based phone services.
"We hope to be able soon to offer our customers video services as part of a bundle," Qwest Chairman and CEO Richard Notebaert told analysts Thursday following the release of the company's first-quarter earnings. Notebaert said during a conference call that Qwest is now finalizing partnerships with various providers of video content and that a new offering is expected "soon," though he did not elaborate. Qwest intends to craft joint marketing deals to match up partners' video offerings with its own voice, data, and wireless products, he said.
Qwest is the third of the nation's four major phone companies to tip their hand about upcoming video services. SBC Communications recently said it intends to offer video, and BellSouth is reportedly testing a video service. Verizon Communications hasn't given any indications yet about video.
Most analysts see the eventual move into cable TV and other video entertainment as part of a trend among cable and telephone companies to use bundles of steeply discounted services to attract and keep customers. Cable companies sell TV and broadband access at discounted rates when bought as part of a package of services. Telephone companies offer similar deals on telephone and broadband connections.
Until recently, telephone companies didn't worry about cable operators adding voice services to their bundles. But the growing sophistication of voice over Internet Protocol technology, which turns voice signals into digital packets for dispatch over the Internet, lets cable companies sell packages of telephone service, cable programming and broadband connections.
Ruff Ruff
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