Press Release
Source: Charter Communications Inc.
Charter Communications & Sony Electronics
Sign Licensing Agreement for Passage
Technology
Thursday January 9, 10:01 am ET
Technology Could Loosen Hold on Traditional Cable
Equipment Market
ST. LOUIS--(BUSINESS WIRE)--Jan. 9, 2003--Charter Communications Inc.
(Nasdaq:CHTR - News) and Sony Electronics Inc. have signed a licensing agreement
for Sony's Passage(TM) technology that could eventually bring more competition to the
set-top receiver market and provide more choices and features for Charter customers.
Charter hopes to use the Passage technology to allow set-top receiver, network and
headend equipment from different companies to work together on existing digital cable
television networks. The technology could result in increased competition among
set-top manufacturers, resulting in lower prices, more features and the ability for
consumers to use the same set-top in different cities.
"With Sony's Passage technology, cable operators will have the freedom to cost
effectively introduce alternative conditional access systems into their networks, which
should encourage new manufacturers to develop new products and accelerate
innovation in the industry," said Stephen Silva, executive vice president and chief
technology officer for Charter. "Opening up the cable industry infrastructure will most
certainly foster competition and result in more choices and better services for
consumers."
"Taking consumers smoothly into the broadband network world takes three things:
compelling content and services; a wide selection of familiar, user-friendly devices from
which to access that content; and a business model that makes sense for all parties,
including consumers," said Michael Fidler, senior vice president of Sony's Digital
Platform Division of America. "Because of Charter Communications' role as an
innovator and visionary for the cable industry, today's agreement is one step -- but a
significant and strategic step -- toward achieving this goal."

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