from: DMI Blog
Verizon Cable Franchise Agreement: $70 Billion Bun That Needs More Time in the Oven
Chris Keeley
New York City’s cable marketplace is currently divided into territories, with some of the city controlled by Time Warner and other portions by Cablevision. New York City and Verizon recently reached a 12-year, first-of-its-kind cable franchise agreement which will allow Verizon to offer the “triple play” of services – cable TV, phone and internet service – throughout all five boroughs of the city. With this agreement, New York City is calling off a long-held, city-imposed truce between the city’s two cable providers, Time Warner and Cablevision, and other competitors.
