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Hoovers Description: The race to send the Internet through the TV is on, and WorldGate Communications is running hard; it has signed on Charter Communications and four other cable companies to launch services. WorldGate delivers full Internet access over cable lines through a set-top box hooked to the TV, delivering data at 128,000 bps (faster than conventional phone modems). Its Channel HyperLinking allows TV viewers to go directly to Web sites associated with TV programs; about 70 TV programmers are HyperLinking partners. WorldGate has received equity investments from its set-top providers, General Instrument and Scientific-Atlanta, as well as from other large and influential investors. ipocentral.com Web Site: wgate.com Filing date: February 9, 1999 Expected IPO date: TBA DD | ||||||||||||||
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