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Technology Stocks : C-Cube

CUBE 35.69

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To: DiViT who wrote (37561)	12/2/1998 11:25:00 AM
From: John Rieman	of 50808

Divi customer LOOK launches....................................... canada.internet.com LOOK Rolls Out DTV, Megabit Net Access By Paul Nicholls [December 1, 1998--TORONTO] Look Communications officially launched its digital television service in the greater Toronto area. The company plans to expand its coverage area significantly over the next several months, adding new service areas almost every week. LOOK is a multi-channel, Multi-Point Distribution Service (MDS) broadcasting signals from the CN Tower and other towers in its coverage area. To receive the signal, an antenna is installed at the subscriber's home for a one-time installation fee and connected to a set-top box. Customers will soon also be offered high-speed Internet access with the same antenna they already use for the digital television services. Technical trials begin next month, with full service slated for early 1999. LOOK has entered into a $12 million agreement with California-based Hybrid Networks, a supplier of high-speed connectivity devices for the wireless and cable industries. Hybrid will supply head-end systems and modems for the service. Data transfer rates of up to 8 Mb/second will be achievable. With the Hybrid Networks equipment and LOOK's broadband capacity, customers will have Internet access at speeds more than 50 times what they have been used to. The Canadian Radio-television and Telecommunications Commission awarded LOOK its broadcast distribution license for Southern Ontario in August 1997, and for Eastern Ontario and Southern Quebec in February 1998. Last modified: Tuesday, 01-Dec-1998 16:45:41 EST

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