House near consensus on national franchise: cable to stay under local rules until Telcos take 15%.(franchise bill)

Multichannel News, March, 2006 by Hearn, Ted

WASHINGTON -- Phone companies would receive a national franchise to build and operate multichannel-video systems under legislation agreed to in principle last Wednesday by key House lawmakers. The bill, whose preparation is being led by Energy and Commerce Committee chairman Joe Barton (R-Texas), is focused on promoting competition to incumbent cable giants such as Comcast Corp.

and Time Warner Cable, industry executives and Capitol Hill staff said. Under the House bill, phone companies such as AT&T Inc. and Verizon Communications Inc. would not only be able to get a national franchise, which would speed rollout of their competing services, but would receive additional protections. CABLE STAYS LOCAL, FOR NOW Among its key provisions, the...

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