Feeds

Video Networks expands broadband network

Coming to city near you

High performance access to file storage

Video Networks is to unbundle hundreds more exchanges as it makes its broadband TV service available to some ten million viewers in the UK.

The national expansion of its local loop unbundling (LLU) network is to be funded by Video Networks' existing shareholders and by a new round of fund-raising led by investment bank CSFB.

Video Networks delivers video on-demand, digital TV, broadband and voice services. At the moment, Video Network's Homechoice service is available to around 2.4m homes in London, but from next year it intends to begin a national roll-out of its service making its footprint roughly on par with that of soon-to-merge cablecos NTL and Telewest.

Except while the cablecos have an established business with millions of punters, so far Video Networks has only managed to sign up 34,000 customers. Still, the company is optimistic and has high hopes that its broadband / TV / telephony service will prove popular with viewers.

"We are growing our customer base rapidly and we are growing the proportion of our customers who buy all three services from us," said Roger Lynch, chairman and CEO of Video Networks.

"This gives us great confidence in our decision to launch our national roll-out and bring the attractions of Homechoice to a much wider UK audience," he said.

Separately, the company described as "rumour and speculation" reports that Homechoice could be a take-over target for satellite group Sky, which is already buying LLU operator Easynet for £211m to enter the UK's broadband market. ®

High performance access to file storage

More from The Register

next story
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
Broadband Secretary of SHEEP sensationally quits Cabinet
Maria Miller finally resigns over expenses row
Skype pimps pro-level broadcast service
Playing Cat and Mouse with the media
Beat it, freetards! Dyn to shut down no-cost dynamic DNS next month
... but don't worry, charter members, you're still in 'for life'
Like Google, Comcast might roll its own mobile voice network
Says anything's possible if regulators approve merger with Time Warner
EE dismisses DATA-BURNING glitch with Orange Mail app
Bug quietly slurps PAYG credit - yet EE denies it exists
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.