To: Jim Mulis who wrote (1872 ) 3/25/1998 8:08:00 PM From: art slott Read Replies (1) | Respond to of 4748
Looks good from here, [ Business | US Market | Industry | IPO | S&P | International | PRNews | BizWire | Finance Home ] Tuesday March 24, 6:53 pm Eastern Time Tele-Communications accelerating digital DENVER, March 24 (Reuters) - Tele-Communications Inc [Nasdaq:LBTYA - news] expects to have between 800,000 and one million digital cable television customers by the end of this year, chief operating officer Marvin Jones said on Tuesday. ''We're rolling out digital as widely and quickly as possible,'' he told TCI's annual investors and lenders conference. Digital compression enables cable companies to offer more channels on other services on their systems. TCI President Leo Hindery said that 92 percent of the homes ''passed'' -- homes that TCI could serve -- could receive digital now, but the company is only marketing ''to 70 percent of those'' customers. He said TCI is focusing on employee training for the new product, because each market must have technicians trained in digital technology before digital TV can be marketed to potential customers in a given area. TCI currently has 150,000 digital customers. The company is installing at the rate of about 1,700 per day and expects that figure to rise to between 3,000 and 4,000 installations per day by the middle of next month, company executives said. TCI said at the end of the fourth quarter it had 14.4 mln basic cable customers. More Quotes and News: Tele-Communications Inc (Nasdaq:LBTYA - news; Nasdaq:TCOMA - news) Help Copyright c 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon See our Important Disclaimers and Legal Information. Questions or Comments?