TIME WARNER TO BUY 1 MILLION TV-TOP UNITS.Byline: Duncan Martell Bloomberg Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. Business News Time Warner Inc. plans to spend an estimated $400 million to $450 million in three years for 1 million set-top television boxes from Scientific-Atlanta Inc. and others. The boxes can deliver digital video, Internet access See how to access the Internet. and interactive viewing guides to Time Warner's cable-TV customers. The boxes may help Time Warner compete against direct satellite broadcasters, which offer more channels and better reception. ``Two-way communications Two-way communication is a form of transmission in which both parties involved transmit information. Common forms of two-way communication are:
Scientific-Atlanta will provide 550,000 of the digital set-top boxes The cable TV box that sits on "top" of the TV "set," although it is often located several feet away in an equipment rack. The set-top box descrambles the premium channels and provides a tuner for the higher cable numbers that very old TVs did not support. for which Time Warner said it will pay slightly less than $400 each. Scientific-Atlanta will license their technology to Pioneer Electronic Corp. and Toshiba Corp., which will produce the remaining boxes. |
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