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Tag Archive: echostar communications corp

VOOM To Be Closed In 30 Days

“Cablevision will provide the service to current customers during a transition period of at least 30 days, according to a statement from the company Monday.

The company in late January agreed to sell Voom’s Rainbow 1 satellite and licenses to operate satellites at a certain orbital location to Echostar Communications Corp.”

Charles Dolan Cablevision’s founder, had intended to purchase the struggling satellite service, but his letter of intent officially died on Monday.

Read more at BusinessWeek

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Cablevision to launch high-definition TV

Cablevision said its satellite division, Rainbow DBS, will offer 39 HDTV channels and some popular cable channels as part of service it will launch on Oct. 15. It did not say how much it would charge for the service.

The move pits Cablevision, which launched its satellite in July this year, directly against Hughes Electronics Corp.’s DirecTV and EchoStar Communications Corp. , which have long dominated U.S. satellite television services.

HDTV is a television display technology seen as the “next big thing” in broadcasting. It provides a sharper picture than standard television and sound quality that is similar to that of compact discs.

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