Netflix signs interconnection with Comcast but will others follow?
Netflix (Nasdaq: NFLX) and Comcast (Nasdaq: CMCSA) have reached what could be seen as a landmark interconnection deal that will give the streaming video provider what it says is a "more direct connection" to Comcast's broadband network, reports FierceCable. While Comcast did not give many details about the "interconnection agreement," the cable provider agreed to a peering deal where it will collect fees from Netflix in exchange for allowing it to connect directly to Comcast's network at a data center in San Jose, Calif., that is owned by Equinix (Nasdaq: EQIX). Interestingly, not long after Comcast made its announcement, AT&T (NYSE: T) and Verizon (NYSE: VZ) said they are negotiating similar deals with the streaming video company. Read more