Charter Offers Southeast Division Customers Expanded On-Demand Content Through Broadbus Platform
April 04 2006 - 9:30AM
PR Newswire (US)
ST. LOUIS, April 4 /PRNewswire-FirstCall/ -- Charter
Communications, Inc. (NASDAQ:CHTR) today announced that, as part of
its continuing focus on enhancing the customer experience and
expanding its digital product offerings, the Company has installed
the Broadbus Technologies, Inc. B-1(TM) Video Server to enable
on-demand video entertainment to 1.2 million homes in its Southeast
Division. The technology supports the growing popularity of Charter
On Demand by allowing Charter to deliver more on-demand content and
other services to its customers. "The deployment of the B-1 Video
Server is a significant upgrade to the digital video services we
currently offer our Southeast Division customers," said Pragash
Pillai, Charter Vice President of Advanced Engineering, Digital
Video. Pillai continued: "Since the Broadbus architecture can
stream a large amount of content in a very short time, we can
provide more time-sensitive content, and the scalability of the
platform will allow us to implement a wide range of advanced
services for our customers, including virtually unlimited
Television On-Demand content. Further, the greater stability of the
Broadbus platform improves the user experience and supports more
timely delivery of on- demand content." The Broadbus installation
completes Charter's company-wide adoption of an open standards
video-on-demand platform that significantly expands its ability to
deliver on-demand content and advanced services to its customers.
Overall, video on demand is currently available to over 65 percent
of Charter's 2.8 million digital video customers nationwide. With
the deployment of the Broadbus video platform, video on demand is
now available to more than 80 percent of digital video customers in
the Southeast Division, and availability will be expanded further
during 2006. "Charter's deployment of Broadbus is yet more
validation of our company's strategy to provide an open,
best-of-breed video platform that is uniquely designed to meet
tomorrow's on-demand requirements," said Vin Bisceglia, CEO of
Broadbus. "Today Broadbus offers the most powerful solution for
video on-demand, and the advantages of our platform will become
even more apparent as companies such as Charter implement advanced
services that take advantage of Broadbus' unique architecture."
About Charter Communications Charter Communications, Inc., a
leading broadband communications company, provides a full range of
advanced broadband services to the home, including cable television
on an advanced digital video programming platform via Charter
Digital(TM), Charter High-Speed(TM) Internet service and Charter
Telephone(TM). Charter Business(TM) provides scalable, tailored and
cost- effective broadband communications solutions to organizations
of all sizes through business-to-business Internet, data
networking, video and music services. Advertising sales and
production services are sold under the Charter Media(R) brand. More
information about Charter can be found at http://www.charter.com/.
About Broadbus Broadbus develops fully scalable, next-generation
video on-demand solutions designed to solve streaming scale, space,
power consumption and live ingest issues for communications service
providers deploying advanced video services such as VOD,
Time-Shifted TV, On-Demand Ad Insertion and ultimately, full-scale
Television On-Demand (TOD). Broadbus offers a migration path to the
emerging TOD environment, while fully exploiting existing upgraded
broadband networks. The company's revolutionary solid-state server
architecture, based on the intelligent configuration and management
of massive amounts of dynamic random-access memory (DRAM),
eliminates the use of mechanical hard drives for video streaming
and ingest. The result is unparalleled performance, reliability and
scalability for VOD and advanced on-demand services Broadbus was
selected by Red Herring for inclusion into its annual list of Top
100 Private Companies, named for the second consecutive year to CED
Magazine's Broadband 50, awarded Product of the Year by the
Massachusetts Network Communication Council and listed as a
finalist for Best Innovation in two categories for the first annual
On-Demandies(TM) awards hosted by Digital Hollywood. For more
information, please visit http://www.broadbus.com/. Broadbus(R),
TOD(R) and B-1(TM) are trademarks of Broadbus Technologies, Inc.
Cautionary Statement Regarding Forward-Looking Statements: This
release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended (the
"Securities Act"), and Section 21E of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), regarding, among other
things, our plans, strategies and prospects, both business and
financial. Although we believe that our plans, intentions and
expectations reflected in or suggested by these forward-looking
statements are reasonable, we cannot assure you that we will
achieve or realize these plans, intentions or expectations.
Forward-looking statements are inherently subject to risks,
uncertainties and assumptions. Many of the forward-looking
statements contained in this release may be identified by the use
of forward-looking words such as "believe," "expect," "anticipate,"
"should," "planned," "will," "may," "intend," "estimated" and
"potential," among others. Important factors that could cause
actual results to differ materially from the forward-looking
statements we make in this release are set forth in reports or
documents that we file from time to time with the SEC. All
forward-looking statements attributable to us or any person acting
on our behalf are expressly qualified in their entirety by this
cautionary statement. We are under no duty or obligation to update
any of the forward- looking statements after the date of this
release. CHARTER CONTACTS: Media Analysts Anita Lamont Mary Jo
Moehle (314) 543-2215 (314) 543-2397 BROADBUS CONTACTS: Jim Owens
Brian Baumley Broadbus Cohn & Wolfe (978) 266-7264 (212)
798-9813 DATASOURCE: Charter Communications, Inc. CONTACT: Media -
Anita Lamont, +1-314-543-2215; or Analysts - Mary Jo Moehle,
+1-314-543-2397; or Jim Owens of Broadbus, +1-978-266-7264, ; or
Brian Baumley of Cohn & Wolfe, for Broadbus, +1-212-798-9813,
Web site: http://www.charter.com/ http://www.broadbus.com/
Copyright
Charter Communications (NASDAQ:CHTR)
Historical Stock Chart
From Oct 2024 to Nov 2024
Charter Communications (NASDAQ:CHTR)
Historical Stock Chart
From Nov 2023 to Nov 2024