Verizon, SBC Find TV Venture a Tough Go

Jun 02, 2005 0 Replies
Verizon, SBC Find TV Venture a Tough Go open original image

By DAVID KOENIG AP Business Writer



DALLAS (AP) -- Verizon and SBC believe they can break cable's powerful grip and get consumers to switch to the enhanced TV services they're cooking up, but they are having a tough time getting state legislators to help.



The two telecommunications powers lost a key battle over the weekend when Texas lawmakers failed to act on a bill that would have let phone companies obtain a statewide TV franchise instead of having to negotiate franchises with every individual city and town.



Verizon Communications Inc. and SBC Communications Inc. had hoped Texas would serve as a model for the nation, speeding their ability to sell TV service in many other states. Instead, it joined Virginia in frustrating the regional Bell companies.



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