Microsoft, SBC in IP-TV deal
WinInfo | at | by Mike
Phone giant SBC Communications will pay Microsoft $400 million in a deal that will bring TV programming over high-speed fiber optic data lines to consumers in the US. SBC, like other telephone giants in this country, is rapidly moving into markets once dominated exclusively by cable companies, and the 10-year Microsoft deal will help the company offer cable-like packages to customers. SBC expects to spend over $4 billion over the next three years on its fiber optic networks, the company says.