USDTV Announces Wireless TV Service

USDTV announced a new digital television service being rolled out in various U.S. cities this year and sent via VHF/UHF antennas in a lower-cost alternative to cable and satellite.

Subscribers must buy a $99 set-top box from regional electronic chain stores and Wal-Mart Stores Inc. outlets. They also have to pay a monthly fee of $19.95 — compared with than cable and satellite service bills that range from about $30 to over $100 per month.

The company has already launched the service in Salt Lake City, Utah, where it where it is based, with more than 25 channels and plans to debut in Albuquerque, New Mexico and Las Vegas, Nevada in the next 30 days. It plans to launch in 30 major markets by end-year.

Read the full story at Reuters.