Canada's Rogers ditches own IPTV development in Comcast deal

Dec 16 Canadian cable company Rogers
Communications will take a charge of as much as C$525
million ($393 million) as it scraps development of its own
internet-based television platform in favor of a Comcast Corp
X1 platform it does not expect to launch until 2018,
it said on Friday.The company had previously planned to launch an updated IPTV
product by the end of this year or early next year to compete
with telecom rival BCE Inc’s Bell Fibe TV product in
eastern Canada.Its shares fell 1.4 percent to C$50.64 in early afternoon
trade as its short-term competitive stance took a hit, although

Go to Source