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SBC Strikes Defiant Tone After Legislation to Ease Cable TV Franchise Hits Wall in Texas
Telephone company SBC Communications Inc. says a legislative defeat in Texas won't stop it from competing against cable TV without the local licenses traditionally required by municipal governments. SBC and Verizon Communications Inc., the nation's two largest phone companies, are spending billions of dollars to offer robust video services they hope will break cable's powerful grip on the market. But the phone companies have had a tough time getting state legislators to help.
June 02, 2005 at 12:00 AM
1 minute read
By David Koenig |
Updated on June 02, 2005
The original version of this story was published on Law.Com
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