“Your big opportunity may be right where you are now.” -Napoleon Hill
EAG: A Leg Up On Competition In The IPTV Space
Industry experts predict an IPTV explosion over the next 3-4 years. The market is expected to grow to as many as 50 million subscribers by ‘09, reaching $40 billion in revenues by the end of the decade. With the market in its nascent stages and every IPTV growth forecast more optimistic than the last, everyone from Microsoft to your local cable supplier is looking to get their hands on a slice of the pie. As heavy hitters such as Microsoft and Verizon struggle to perfect their offerings in the IPTV arena, Eagle Broadband Inc. (AMEX: EAG) now offers a complete IPTV solution that provides the user with access to more video content than any other current offering.
What better competitive advantage is there? Being the first to market with the most complete solution, EAG has a proven avenue for building solid nationwide brand recognition. Well, how about having Hollywood studio and major entertainment channel distribution rights? The big dogs can’t get a hold of them but EAG has!
EAG announced recently that its super head-end facility at NewCom International’s Florida teleport is now operational. The head-end allows EAG to ping satellites for video content and relay it to paying customers. As mentioned above, getting this head-end up and running allows EAG to distribute more content than any other provider in today’s market. That should be a pretty good selling point when targeting the surging U.S. hospitality and Multiple Dwelling Unit (MDU) markets, don’t you think?
Our newsletter coverage has brought you up to speed on most of this, but it is worthy of repeating again to drive home the fact that EAG has a significant competitive advantage in the IPTV space RIGHT NOW!
The end of this week saw more positive announcements from EAG. One of the company’s largest resellers and a supplier for the federal government has purchased five units of Eagle’s SatMAX® advanced satellite-communications technology. Although this may not seem like a gigantic accomplishment, government deals are extremely hard to come by. If EAG can plant the seed now for fruitful relationships in the sector down the road, the sky is the limit for its SatMax business segment.
Lastly, EAG has announced that it will host a conference call on Wednesday, October 18 at 5:30 p.m. EDT to report on its IPTV and new super headend progress. In addition, Eagle officials will provide an update on other company business and recent customer successes. This is a great opportunity to hear it from the best source possible, executive management. Check back soon for updated profile coverage.
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