US BROADBAND PLAYER LOOKS FOR CABLE
TV TIEUPS
San Francisco-based leading broadband
services provider (Internet over cable), SoftNet Systems
Inc, has decided to forge alliances with Indian cable
operators through joint ventures to help them provide
Internet-related services to their subscribers, including
those via satellite.
According to SoftNet Systems' chairman
and chief executive, Lawrence B. Brilliant, "We are
here in India to forge joint ventures with cable operators
and invest in joint ventures."
Though Brilliant refused to divulge
the details of investments earmarked for India, despite
saying "I have an idea", he admitted that at present
they are flush with cash. SofNet is the company in
which former founders of Star TV, the Hong Kong-based
Li family have invested about $ 129 million recently.
Brilliant said he will be holding
talks with Indian MSOs and big cable operators. He
pointed out that SoftNet Systems and US-based Mediacom
LLC, a top 10 US cable TV operator, have recently
announced an agreement under which Mediacom has committed
approximately one million cable homes passed for SoftNet's
ISP Channel high speed Internet access.
Through the ISP channel, SoftNet
provides a complete Internet service partnership to
cable affiliates which includes cable head-end equipment
and integration, Internet backbone connectivity and
technical support and subscriber management systems.
The ISP channel offers high speed
Internet access that is many times faster than standard
dial-up service, key for such use as downloading files,
graphics, audio and video.