Posted: 15th Jun, 2006 By: MarkJ
Company insiders from IPTV and ISP operator HomeChoice (Video Networks) have stated that the provider intends to reach 10m homes by the end of 2006 and may merge with Sky:
"Plans are afoot to roll out beyond London," Homechoice press officer Barney Hooper told vnunet.com today. "We are hoping to reach about 10 million homes by the end of the year, though I can't say yet which cities we'll cover."
Since its relaunch in 2004, Homechoice has built a customer base of 45,000 in the London area for its TV-over-internet (IPTV) service. The package combines broadband, home phone and digital TV. Monthly subscriptions start at £17.99.
Hooper confirmed that Homechoice is looking to attract a big-name buyer as it faces stiff competition from the telco giants. Industry rumours have long mooted a Sky takeover of Homechoice, and Hooper conceded to vnunet.com that Sky is a likely buyer.Sky has already purchased Easynet and it's certainly not far fetched to assume that they might have an interest in HomeChoice, although the TV giant has yet to speak openly about any such ideals. More @
VNUNet.