Bell Atlantic, Nynex purchase CAI Wireless Systems.(Telemedia Week)(Brief Article)

Broadcasting & Cable, April, 1995 by Berniker, Mark

Bell Atlantic and Nynex are wasting no time with their plan to blanket the Atlantic coast with video services via both conventional and wireless cable. The telcos said that together they will invest close to $100 million in CAI Wireless Systems Inc. The investment gives them access to the expanding distribution systems of the wireless cable provider and will speed their entry into offering digital video programing--perhaps by early next year.

"Our investment in wireless cable is part of a complementary strategy that will enable us to deliver video programing in our region as quickly as possible," says Peter Siccone, Nynex vice president of financial operations and controller. Wireless cable uses digital transmission and compression techniques known as...

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