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Investing

DirecTV’s (DTV) Voodoo Broadband

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By Douglas A. McIntyre Published
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DirecTV (DTV) is setting up a partnership with Current Group to sell broadband that is delivered over powerlines. The product uses the existing wiring from the utilities to send a high speed signal that can be used for internet connections and VoIP.

The technology for using electrical wiring to deliver internet signals has been around for several years and is already used to power security cameras and home audio. It is only recently that it has been deployed on a larger scale. A small number of tiny public companies like Ambient (ABTG) have been working with utility companies for several years.

The big problem with the DirecTV plan is that Current only has deployments in Cincinnati and Dallas. It may take years for the company to set up distribution with other utilities operators.

By then, AT&T (T) and Verizon (VZ) will be in the market full force with their fiber-to-the-home products locked in a fight to the death with cable. It will be too late for DirecTV to have much of a piece of the market. And, with only TV and no voice or broadband, sat TV will be the odd man out.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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