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OCTOBER 19, 2010 — Lyfe Communications, Inc. (OTCBB: LYFE) Connected Lyfe, provider of converged network services, says it has reached an agreement to acquire television broadcast rights from the Utah Telecommunications Open Infrastructure Agency (UTOPIA). The company’s television service includes local and basic cable network channels, a premium or extended channel package, and individual add on channel packages.
UTOPIA provides open access fiber to the home (FTTH) infrastructure to 16 communities in Utah.
According to Lyfe CEO Robert Bryson, “We differentiate ourselves from traditional cable and satellite, we believe, through our next generation technology development, which uses the functionality of our set top boxes and software to provide the consumer more of an interactive feel and mesh the Internet and TV. In addition to the meshing of the Internet and TV technology development, the mobility of our developing product offerings helps differentiate us from the traditional cable and satellite operators. Given the size and resources of the traditional satellite and cable operators, the ability to differentiate our products is very important.”
Lyfe was already using UTOPIA to deliver all-IP HDTV, digital voice, and Internet access across Utah’s Greater Salt Lake Valley. Lyfe noted that UTOPIA continues to deploy FTTH for member cities into each municipal fiber network. UTOPIA also recently received more than $16 million in federal stimulus funding which will further accelerate the serviceable business and residences Lyfe can serve. Lyfe now owns its own IP voice, TV, data access and platforms, and network.
Beyond the UTOPIA municipal fiber communities, Lyfe is expanding service to over 80 multi-family communities representing over 25,000 new residential units “on-net” to the Lyfe IP network and services. Each property is being turned up on full fiber interconnections. Lyfe also continues to expand the business development pipeline of addressed communities ranging from universities, private community HOAs, and multifamily property management groups.
Lyfe adds that its R&D teams continue to build, test, and pilot its all-IP “TV Anywhere” technologies and systems, with commercial deployment slated for end of Q1 2011.
Lyfe recently announced plans to expand into Texas, Arizona, Washington, and California.
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