Competitive pressure means cable will keep spending

THE INCREASING COMPETITIVENESS of the American pay television market continues, and will continue, to drive cable TV operators in the United States to invest in their networks and roll out new services, reports research company In-Stat. For example, 90% of U.S. cable TV systems now offer HD video service. "The introduction of telco TV services by companies such as Verizon and AT&T, coupled with stiff competition from satellite TV service providers, is forcing U.S. cable TV operators to develop of new revenue streams, while at the same time, trying to hang on to their existing video subscribers,” said Mike Paxton,...