Monday, May 30, 2005

WSJ: Verizon, SBC Lose TV Fight with Texas Bill

The Texas Legislature ended its session without approving a bill that would have enabled telecom carriers to launch IPTV services across the state without negotiating separate franchise deals with each municipality. according to The Wall Street Journal. SBC Communications and Verizon had lobbied in favor of the bill. Telecom industry pressure is now likely to increase for a major regulator overhaul at the federal level.