mPhase to Launch Digital Video TV Programming to Telcos
Business Wire - November 17, 1998 10:36
NORWALK, Conn.--(BUSINESS WIRE)--Nov. 17, 1998--
-mPhaseTV.net Will Offer Complete Package of Entertainment Services
Over Phone Lines-
mPhase Technologies, Inc. (OTC-BB:XDSL) announced today its plans for the launch of mPhaseTV.net, a new service offering
next-generation digital television programming and advanced Internet service over existing copper telephone lines utilizing the
mPhase TRAVERSER(tm) Digital Video and Data Delivery System (DVDDS).
mPhaseTV.net will provide telephone companies nationwide with the capability to offer their customers digital cable television
service in MPEG-2 format, along with Internet access at speeds in excess of 1 Mbps, without major modification of existing
telephone infrastructure using the mPhase TRAVERSER DVDDS.
"mPhaseTV.net is the telephone industry's answer to competition from cable modem and cable telephony," said Ronald A.
Durando, President and Chief Executive Officer of mPhase. "Digital television programming will soon be widely available to
telephone companies seeking to offer cable television services. This service, along with the TRAVERSER DVDDS, will level the
playing field between telephone and cable companies as they compete to increase revenues from broadband services."
mPhaseTV.net will be an operating subsidiary of mPhase Technologies, Inc. This new subsidiary offers another source of
revenue stream to mPhase with regard to programming, web access, Internet commerce and other services to subscribers.
The launch of mPhaseTV.net will coincide with the Spring 1999 rollout of the TRAVERSER DVDDS Version 1.0, with the capacity
to deliver up to 80 channels of digital TV, simultaneous Internet access and traditional telephone services.
CONTACT: VMW Inc., New York
Vicki Weiner
Phone: 212-616-6161
Fax: 212-832-5495
Email: vmweiner@aol.com
or
mPhaseTechnologies, Inc., Norwalk
Ronald A. Durando, President / CEO
Phone: 203-838-2741
Fax: 203-853-3304
E-mail: rdurando@mPhaseTech.com
or David L. Klimek, Director of Engineering
Phone: 404-894-0985
Fax: 404-894-6634
E-mail: dklimek@mPhaseTech.com
mphasetech.com |
