Deal broadens the market for DirecTV DSS receivers...............
--Yeah, I vote for Rodger's release, too--
Directv And World Satellite Network Sign Nationwide MDU Distribution Agreement...
Received: July 29, 1997 01:45pm EDT From: PR Newswire
WSNet's Private Cable Operators Offer DIRECTV Access
to More Than 3,000 MDU Properties
NASHVILLE, Tenn., July 29 /PRNewswire/ -- As part of its ongoing
initiative to expand its DIRECTV satellite TV service in the multiple-family
dwelling unit (MDU) market, DIRECTV, Inc. announced today at the summer
Satellite Broadcasting and Communications Association trade show an agreement
with World Satellite Network, Inc. (WSNet) (OTC Bulletin Board: WSNT) that
enables WSNet to offer DIRECTV programming to its private cable operator
customer base. WSNet, the largest distributor of satellite television to MDU
private cable clients, serves more than 3,000 MDU properties nationwide.
The DIRECTV entertainment service will be offered by WSNet's
existing and
future private cable operator customers -- including Heifner Communications,
with which WSNet has a pending merger -- through a Satellite Master Antenna
Television (SMATV) system. The SMATV system will use DSS(R) receivers and a
rooftop mini-dish. MDU private cable operators typically deliver TV signals
through a C-Band satellite dish system.
To support its entry into the MDU market, DIRECTV is building a
nationwide
network of qualified independent system operators that will sell, install and
maintain DSS systems in multi-unit buildings. To date, DIRECTV has signed
more than 150 system operators.
World Satellite Network is the largest distributor of satellite
television
programming to the private cable and wireless television industry. WSNet is
an over-the-counter publicly held corporation and is traded under "WSNT."
DIRECTV, DSS and Total Choice are trademarks of DIRECTV, Inc., a
unit of
Hughes Electronics Corporation. The earnings of Hughes Electronics are used
to calculate the earnings per share attributable to GMH (NYSE symbol) common
stock. Visit DIRECTV on the World Wide Web at directv.com.
SOURCE World Satellite Network
-0- 7/29/97
/CONTACT: Jeff Torkelson, Director, Communications of DIRECTV,
Inc.,
310-535-5062, SBCA Booth #1356/1366, or Bob Ringstad, Chief Operating Officer
of WSNet, 800-367-3193 Ext. 130, SBCA Booth #984/
(WSNT GMH)
CO: World Satellite Network; DIRECTV; Hughes Electronics Corporation; Heifner
Communications |
