Check out MDTV, could be the next IATV!!
MDU COMMUNICATIONS INC. (MDTV) is a federally incorporated Canadian company founded in 1998 and based in Richmond, BC. The Company's mandate is to become the recognized leader in providing wireless home entertainment and information technology to the multi dwelling units (MDU) in the marketplace. The Company firmly believes that this market will prove to be the primary alternative to existing cable television services, which are provided to more than 90% of households throughout North America. While satellite television is the company's primary focus, opportunities which leverage the underlying communications infrastructure including home security systems, high speed Internet access, and local telephone services are also being pursued.
By mounting a single master dish on the roof of a building and dropping wires to individual units, MDTV can solve space problems inherent in this market segment. The Company has entered into a strategic alliance with Star Choice that authorizes MDTV to market Star Choice systems to the market and gives the company 30% share of subscriber revenues received by Star Choice.Once a building has been wired for satellite services, the infrastructure is in place to provide other communication services. Home Security and local telephone are potential markets that could leverage from this infrastructure, as these services could be deployed over the same cables used to distribute satellite signals to the various units.
Digital Satellite Television provides subscribers with more television choices and more control over their program choices. It offers crystal clear digital pictures and sound. The set top receiver is easy to use and customers fully benefit from all the benefits Digital Satellite service has compared to conventional television options. The MDU Digital Satellite Service brings the future to residents today. It empowers residents with greater choice in viewing entertainment and information systems. Improved choices mean better value and greater satisfaction.
Last Friday's PR:
Friday April 23, 10:01 am Eastern Time
Company Press Release
MDU Communications Inc. Doubles Number of Buildings Requesting MDU Digital Services
RICHMOND, British Columbia--(BUSINESS WIRE)--April 23, 1999--MDU Communications Inc. (OTC BB:MDTV - news) is pleased to announce that the company continues to have great success in the marketing of the MDU Digital Satellite System.
The company currently has approximately 25 buildings receiving the MDU Digital Satellite Service and has, since Feb. 18, 1999, more than doubled the number buildings signed to Letters of Intent and Access Agreements. This number now stands at over 200 sites totaling over 20,000 multi dwelling units. These property management firms and building owners are committed to the installation of the MDU Digital Satellite and High-Speed Internet service. The new sites now being installed, will add to the existing 10,000 subscribers already subscribing to MDU services.
MDU Communications has entered into agreements with a number of the largest real estate firms in the multi unit residential marketplace including Oxford Property Management, O & Y Property Management, Baywest Property Management and Crosby Property Management.
In an effort to keep up with the increased demand for service MDU Communications is accelerating the rate of system installations. Over the next 6 weeks, 6,000 multi unit suites are scheduled for installation in cities across Canada, including Vancouver, North Vancouver, Burnaby, Delta, New Westminster, Langley, Surrey, Edmonton, Winnipeg, Ottawa, Toronto, and Halifax.
To better serve the 2.2 million multi dwelling units across Canada, MDU Communications has opened offices across the country and now has offices in Vancouver, Calgary, Winnipeg, Saskatoon, Halifax and soon will open two offices in Toronto (North York and Mississauga) and an office in Ottawa to serve the Ottawa and Quebec markets.
MDU Communications Inc. is the premier supplier of digital satellite television to the MDU market and competes with cable television across Canada. With digital pictures, better selection, more bandwidth and enhanced CD quality sound, MDU offers more choice and exceptional quality.
Through mutually beneficial relationships with our clients, MDU facilitates the delivery of new technology to residents of multi-dwelling units including Apartment buildings, Condominiums, Universities, Gated communities, Hotels/Motels, and Work camps. MDU Communications Inc. is a nationally authorized Star Choice System Operator.
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