Technicolor may become one of Verizon's broadband equipment suppliers

Technicolor (NYSE: TCH) may enter the U.S. broadband market soon with a deal to provide routers for Verizon's (NYSE: VZ) FiOS service. The companies are negotiating a three-year strategic agreement and signed a memorandum of understanding this week.

If the deal goes through, Technicolor broadband routers would be deployed within the FiOS subscriber footprint beginning sometime in 2011. The routers, a news release explains, will accelerate data transmissions over the in-home coaxial wiring FiOS uses.

The 95-year-old Technicolor has added quite a bit more to its portfolio besides color film processing, including equipment manufacturing like set-top boxes, gateways, and Blu-Ray Discs.

For more:
- see the release

Related articles:
Clearleap TV technology integrated with Verizon's FiOS
Liberty's Malone trash talks Verizon's FiOS business as 'atrociously bad'
Verizon brings long awaited VoIP to FiOS

Suggested Articles

Verizon and Google have teamed up for a symbiotic relationship that puts Google's Stadia gaming system into the hands of new Fios subscribers.

In order to combat "data-in-motion" security threats, Privafy announced its cloud-native security application to take on legacy security vendors.

CenturyLink announced it has won a task order to provide secure connectivity to the U.S. Department of Defense Education Activity's learning network.