Eagle Broadband (AMEX: EAG) and GlobeCast, a subsidiary of France Telecom (NYSE: FTE) and the world's leading satellite services provider, joined forces and today launched IPTV Complete, which they claim is "the industry's first, turnkey IPTV services solution that enables both incumbent and new broadband providers to rapidly deliver 200+ channels of the highest quality IP video anywhere in America." I guess they didn't read my Triple Play cover story in Internet Telephony Magazine, which I also blogged in my Triple Play article preview, which talks about a Triple Play company called Pannaway, which offers a turn-key IPTV Triple Play solution. I have a scheduled conference call with Eagle Broadband to clarify some questions I have about their Triple Play solution, so I'll update this blog entry when I find out the answers. In the meantime, here is the news about IPTV Complete...
Additional facts about IPTV Complete:
• Saves $1 to 2 million or more in up-front capital expenditures required to design, purchase and install an IP head-end and video network infrastructure • Reduces the time to market for a new IPTV service from the industry average 12 to 18 months to 30 to 60 days • A profitable, lower risk service deployment model that greatly reduces time, effort and costs • Leverages an advanced, satellite delivery transport infrastructure which allows incumbent and new broadband providers to add high quality video to their existing voice and data offerings to complete a "triple-play" services bundle • Enables telephone companies, municipalities, utilities, universities, real estate developers, multiple dwelling unit owners, and other providers, to deliver the highest quality IPTV video over their broadband networks including Fiber-to-the-Home, Premise of Node, DSL, etc.
• Multimedia Research Group is projecting the global IPTV market will grow from 2 million subscribers in 2004 to 26 million in 2008
FOR IMMEDIATE RELEASE
Eagle Broadband and GlobeCast Join Forces and Launch IPTVCompleteTM, the First, Turnkey IPTV Solution That Enables Broadband Providers to Rapidly Deliver More Than 200 Channels of IP Video Anywhere in America
HOUSTON and MIAMI -- February 15, 2005 -- Eagle Broadband, Inc. (AMEX: EAG), a leading provider of broadband, Internet protocol (IP) and communications technology and services, and GlobeCast, a subsidiary of France Telecom (NYSE: FTE) and the world's leading satellite services provider, announced today they have signed a multi-year agreement and are launching IPTVCompleteTM, the industry's first, turnkey IPTV services solution that enables telephone companies, municipalities, utilities, universities & real estate developers to rapidly deliver more than 200 channels of the highest quality IPTV video services anywhere in America.
IPTVCompleteTM from Eagle Broadband and GlobeCast provides the largest package of standard, premium and high definition television programming, video-on-demand, pay per view and digital music available in America with full IP multicast video content rights for distribution over fiber, DSL and other private IP networks.
IPTV (the distribution of Internet Protocol-based television services over broadband networks) is the latest technological revolution for the multi-channel distribution of broadcast television, video content and interactive entertainment services to the consumer in an all IP-format. Communications research firm Multimedia Research Group, Inc. (MRG, Inc.) is projecting that the global IPTV market will grow from 2 million subscribers in 2004 to 26 million in 2008, thereby fulfilling the prediction that "2005 will be the year of IPTV."
IPTVCompleteTM can save $1 to 2 million or more in up-front capital expenditures required to design, purchase and install an IP head-end, secure the necessary video content rights, provision circuits, aggregate content, operate and maintain the head-end, and the many other tasks required to launch and operate a competitive IPTV service offering. By reducing or eliminating many of these complex and time consuming tasks, IPTVCompleteTM can reduce the time to market to launch a new IPTV service to under 60 days versus the industry average of 12 to 18 months.
The agreement combines Eagle Broadband's IP video content rights, expertise delivering IP video services and IP set top boxes, with GlobeCast's carrier-class IP network and global IP satellite distribution capabilities. By leveraging an advanced, satellite delivery transport infrastructure, IPTVCompleteTM makes it much easier for incumbent and new broadband providers to add high quality video to their existing voice and data offerings to complete a "triple-play" services bundle which can increase subscriber rates, reduce customer churn, generate higher average revenue per user and provide a real competitive advantage.
IPTVCompleteTM offers a more profitable services deployment model that reduces time, effort and cost. IPTVCompleteTM provides telephone companies, municipalities, utilities, universities, real estate developers, multiple dwelling unit owners and other broadband providers with a high quality, IPTV video signal anywhere in the country that is ready for distribution over their existing broadband networks including Fiber-to-the-Home, Premise or Node, DSL, etc. Broadband providers simply pay an affordable, monthly fee along with a more scalable, pay-as-you-go, per subscriber fee that eliminates large up-front capital expenditures and reduces on-going operational costs.
According to Matt Davis, Director, Broadband Access Technologies at research firm Yankee Group, "Voice revenue is under siege and service providers must respond by building networks that will open up new revenue sources and protect existing customers from churn. Time to market is essential for service providers and there are many time-consuming challenges required to secure the necessary content rights, and to design, procure, install, and build-out a new video network. Since replicating a cable offering has no advantages and only allows for market entry on price, service providers will turn to IP video because IP-based services offer flexibility and provide an opportunity to integrate services, innovate and disrupt. IPTVComplete offers several key components of the value chain, including content, transport and customer premises equipment (CPE). Service providers seeking entry into the IPTV market will find this combination can substantially reduce the time and cost it takes to get up and running."
IPTVCompleteTM includes all the components broadband providers need to deliver a complete range of IPTV and interactive entertainment services to their subscribers. IPTVComplete's satellite distribution allows Eagle/GlobeCast to install a fully featured, IP video head-end anywhere in the United States eliminating the need for costly long-haul bandwidth circuits. Broadband providers can choose some or all of the IPTVCompleteTM components from a customizable menu of options that can be tailored to meet their specific needs.
Key IPTVCompleteTM options include:
• 200+ channels of programming from major content providers with full IP multicast rights.
• Pay per view, video-on-demand, digital music and high definition programming.
• A full function IP video head-end.
• Video network & head-end design, integration & installation.
• Video content aggregation & IP encapsulation.
• Content encryption.
• Satellite distribution & transport.
• IP set top boxes & middleware.
• 24/7 customer service, network monitoring & technical support.
IPTVCompleteTM benefits for broadband providers include:
• Rapidly generating profitable new revenue streams
• Enabling IP video services that can more than double average revenue per subscriber
• Speeding time to market and time to revenue
• Enabling stickier" triple-play" that can reduce customer churn
• Highly scalable, pay-as-you-go, per subscriber model
• Minimizing up front and ongoing capital and operating expenditures
• Ability to rapidly deploy IP video head-ends anywhere in the U.S. eliminating costly long-haul circuits.
David Sprechman, President and CEO, GlobeCast America, commented, "GlobeCast's global leadership position as a provider of digital and IP-based video distribution services via satellite and fiber, makes the company uniquely suited to meet the needs of broadband providers and ensure the successful deployment of IPTVCompleteTM. We look forward to working with Eagle to help broadband providers across the country deliver the highest quality IPTV services to their customers." GlobeCast has more than 30 years of experience in satellite broadcast delivery and distributes more than 500 television and radio channels on more than 10 satellite systems for cable and direct-to-home delivery worldwide.
"Today's launch of IPTVCompleteTM provides incumbent and new broadband providers with the fastest, lowest cost way to begin delivering high quality IPTV services to their subscribers," said Dave Weisman, Chairman and CEO of Eagle Broadband. "For the first time, providers have a more financially viable, lower risk solution to rapidly generate new revenue streams. By leveraging Eagle's IP video content rights, IP set top boxes and experience delivering IP video services over broadband networks and GlobeCast's world-class satellite distribution capabilities, providers can reduce the time, cost and complexity of delivering their own IP video services to meet the high customer demand for the latest entertainment services."
For additional information regarding, please call 800-628-3910 or 281 538 6000 or email [email protected].
About Eagle Broadband
Eagle Broadband is a leading provider of broadband, Internet Protocol (IP) and communications technology and services that create new revenue opportunities for broadband providers and enhance communications for government, military and enterprise customers. Eagle leverages years of proven experience delivering advanced, IP-based broadband bundled services to provide service provider partners with a way to deliver next generation entertainment, communications and security services to their subscribers. The company's product offerings include IPTVCompleteTM, the fastest, lowest cost way for broadband providers to deliver the most competitive IP video services, the Media Pro line of HDTV-ready IP set-top boxes that enable broadband providers and hotel operators to maximize revenues by delivering state-of-the-art, interactive entertainment services and the SatMAXTM satellite communications system that provides government, military, homeland security and enterprise customers with reliable, non-line-of-sight, voice and data communications from any location on Earth. The company is headquartered in Houston, Texas. For more information, please visit www.eaglebroadband.com or call 281-538-6000.
About GlobeCast
GlobeCast (www.globecast.com) - a subsidiary of France Telecom - is the world's leading satellite services company, operating a global network of satellite distribution platforms for DTH and cable broadcast, enterprise media and advanced IP-based content delivery. The company's global presence includes 15 teleports and technical operations centers throughout America, Europe, Asia, Australia, the Middle East and Africa. GlobeCast offers the complete range of satellite broadcast solutions, including TV channel distribution, secure satellite Internet delivery, webcasting, satellite newsgathering, direct-to-home distribution, sports programming backhaul, program origination, studio production, special events mobile production and audio distribution.
Forward-looking statements in this release regarding Eagle Broadband, Inc., and GlobeCast are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.
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