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Schwarzenegger Signs California Cable Bill

Arnold maintains that he is a "Pro Choice" Republican.

Schwarzenegger Signs California Cable Bill

California became the 8th State to sign a bill encouraging competition in the cable TV industry last Friday. Governor Arnold Schwarzenegger signed a bill allowing statewide certification for video services. It takes effect Jan. 1, 2007.

It is estimated that the California cable TV market is worth $5Billion annually, so this is great news for SBC, er …. AT&T. Bad news for Comcast, Time Warner and Cox Communications.

"Increased competition will translate into better service and lower prices for everyone," Schwarzenegger said in a statement. "This bill will add another significant player into the cable-television marketplace and help speed the spread of new and innovative technologies across the state."



Posted by martino on October 4th, 2006 :: Filed under IPTV
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