Bell Canada - a wholly owned subsidiary of
) - unveiled Fibe TV Wireless Receiver in an attempt to boost the
television (TV) viewing experience. Through this device,
customers will be able to watch up to 5 extra TVs anywhere within
the house minus the trouble of additional wiring.
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The Wireless Receiver Transmitter works by connecting to a
customer's Home Networking modem and the main Whole Home PVR.
Subsequently, the full Fibe TV is made available in as many as 5
other TVs by interlinking one or more compact Wireless Receivers.
Customers, both new and existing, can get the Fibe TV Wireless
Receivers for a $7 rent per month or at a $199 price. They will
also receive a Fibe Remote.
Termed as the next generation of television - Fibe TV - offers
novel features to customers, giving it competitive edge over the
traditional cable TV operators. Designed with best on-screen
guide, picture-in-picture and extensive search options, the Fibe
TV has applications such as Facebook, Twitter and TSN Xtra. These
devices are gaining popularity owing to its HD On Demand content
and the largest HD recording capacity that extends up to 100
During the first quarter of 2013, Fibe TV added 47,463 new
customers, bringing the total number of subscribers to 295,761,
up 147% from the comparable quarter last year. Available in
Montreal, Quebec City and Toronto, BCE introduced Fibe TV in
numerous locations including Aurora, Barrie, Hamilton, Markham,
Milton, Newmarket, Ottawa, Richmond Hill, Stoney Creek and
Vaughan in Ontario in 2013. Currently covering 3 million
families, Fibe TV will reach a million more households by the
With this new product, BCE aims to tap the growth opportunities
within the media business sector. With so many happenings across
the globe, television serves as a fast and efficient medium of
news reporting as well as entertainment. We appreciate the
company's endeavor to bring what the world has to offer to the
Canadian homes via the wireless HD TV option.
BCE - which competes with the likes of
Shaw Communications Inc.
Rogers Communications Inc.
) - holds a Zacks Rank #3 (Hold).