Thursday, August 17, 2006

WSJ.com - Cable Industry May Need to Spend Heavily on Broadband Upgrades

Can cable see the light (in the fiber...)? 

Cable-television operators may require another round of multibillion-dollar network upgrades to keep up with rivals in the fast-growing high-speed Internet hookup business, a report from the industry's research arm suggests.

Its conclusions underscore the challenges posed by the rapid growth of broadband video from popular sites such as YouTube and Google, and the looming threat of a planned $20 billion rollout of high-capacity fiber lines by U.S. phone giant Verizon Communications Inc.

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Source: WSJ.com - Cable Industry May Need to Spend Heavily on Broadband Upgrades

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