Broadband Pioneer Brings Innovative Services to Asia.Business Editors HONG KONG--(BUSINESS WIRE)--Nov. 29, 2000 Imagine Broadband, Formed By Andersen Consulting See Accenture. In Early 2000, To Deliver Leading-Edge Interactive Broadband Communications Services Now Operating In Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. Imagine Broadband Ltd., the first company to take interactive broadband digital TV services out of the laboratory and into the homes of thousands of paying cable TV customers in Europe, today announced the opening of an office that will bring the same innovative services to Asia. Imagine Broadband Ltd.-Asia, will develop, customize and license interactive, multi-media digital TV and various broadband products for this new and developing market. Products such as enhanced TV Enhanced TV (ETV) is one example of interactive TV. It is used in particular in reference to Two-Screen Solutions TV + PC services. Generally users of these ETV services have their TV and computer in the same room, and navigate their web browser to a particular program-specific Web applications and provisioning systems for Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP) and Voice Over IP (VoIP) services will be available to cable TV operators and communications service providers A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. throughout the Asia Pacific region. London-based Imagine Broadband Ltd. (IBL IBL Israel Baseball League IBL International Basketball League IBL Industry Based Learning IBL Image Based Lighting IBL Instance-Based Learning IBL Inter-Bibliothecair Leenverkeer IBL Internet Bankruptcy Library IBL Ireland Blyth Limited ) was formed earlier this year by Andersen Consulting, a leading global management and technology consultancy, which will be renamed Accenture on 01/01/01. Imagine Broadband is backed by Andersen Consulting and its venture capital unit, AC Ventures.* In addition, Imagine Broadband's first customer, Telewest Communications, one of the UK's two largest cable operators, is a minority shareholder in IBL. Imagine Broadband marked an industry milestone late last year when it completed development of the world's first operational and scalable broadband interactive digital television platform over cable. This system currently delivers services such as interactive shopping, games, videos, Web TV and email access over Telewest's cable TV network in the UK. The platform also delivers true video on demand to 30,000 live customers, the largest commercial offering of video on demand to date. "In this highly competitive industry, many other companies are also developing creative ideas for new services and products," said Imagine Broadband CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Arjang Zadeh. "What differentiates us is the implementation and operational process. To date, Imagine Broadband remains the only company that has successfully implemented and delivered these products and services in an operational and scalable offering, allowing clients to derive revenue immediately upon installation." Imagine Broadband - Asia will develop, customize, and license innovative services and solutions to cable television operators and broadcasters, telecommunications carriers, wireless and satellite operators, as well as providers of interactive programming and Web TV content. A study released this month by Andersen Consulting concluded that digital TV represents an enormous and growing opportunity in the Asia Pacific and could help put the region at the forefront of the development of digital TV into the next wave of eCommerce. A number of factors contribute to the region's high potential, including higher rates of TV penetration than any other region in the world, and a substantial and growing broadband subscriber base already in place in some markets, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the study. Other success factors present in the region include, extensive cable TV networks in some countries, a favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. regulatory climate regulatory climate The extent to which a regulated firm or industry is permitted to earn an adequate return on the stockholders' investment. This term is nearly always used in reference to utilities, which are required to obtain approval for rate changes. , the availability of satellites to meet demands for increased bandwidth, a youthful population willing to embrace new technologies and businesses that are ready and willing to develop digital content. Imagine Broadband, currently the leading provider of broadband and interactive digital TV solutions for major telecommunications and television broadcast companies in Europe, plans to expand rapidly into the Asia Pacific and later into the U.S. marketplace. Zadeh said teams and infrastructure are in place to build on Imagine Broadband's successes to push forward into areas such as wireless broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1 to the home, music pay-per-view and interactive advertising. "We aim to be the premier provider of the most innovative products and the leading integrator of platforms for the broadband market place globally," he said. About Andersen Consulting On January 1, 2001, Andersen Consulting, the $8.9 billion global management and technology consulting organization, will change its name to Accenture (pronounced: ak-SEN-chure, similar to "adventure" and stressing "accent" + "future"). The firm is reinventing itself to become the market maker, architect and builder of the new economy, bringing innovations to improve the way the world works and lives. More than 70,000 people in 48 countries deliver a wide range of specialized capabilities and solutions to clients across all industries. Under its strategy, the firm is building a network of businesses to meet the full range of client needs -- consulting, technology, outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. , alliances and venture capital. Andersen Consulting's home page address is http://www.ac.com. Renamed. Redefined. Reborn re·born adj. Emotionally or spiritually revived or regenerated. reborn Adjective active again after a period of inactivity Adj. 1. . 01/01/01 *Note to Editors: On January 1, 2001, Andersen Consulting will change its name to Accenture. At the same time, the firm will change the name of AC ventures, its venture capital unit, to Accenture Technology Capital. |
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