Intel (INTC) Seeks to Create "Virtual Cable Operator" - WSJ
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Price: $110.39 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
Revenue Growth %: +11.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
Revenue Growth %: +11.2%
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Intel Corporation (Nasdaq: INTC) is essentially flat after-hours Monday despite reports from the Wall Street Journal that the company is working on plans to create a "virtual cable operator."
The company has been discussing plans with various media companies to offer their TV channels over the Internet via an Intel set-top box. Customers would be responsible for providing their own Internet access.
Intel is looking to launch the service by the end of 2012.
The company has been discussing plans with various media companies to offer their TV channels over the Internet via an Intel set-top box. Customers would be responsible for providing their own Internet access.
Intel is looking to launch the service by the end of 2012.
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