History
Neighbourhood Cable commenced the rollout of its hybrid fiber Optic/Coaxial network in Mildura on March 1, 1996, with the rollout to two thirds of homes and 90% of businesses in Mildura completed in two years.
By 2001 the company had run 900 kilometres worth of hybrid fibre coaxial cable past 38,000 homes in Mildura and Ballarat, with planned rollouts in Bendigo, Geelong, Shepparton and Albury-Wodonga.
A number of subscription TV channels have solely or were first seen in Australia on their network. It was the only place in Australia where the US ESPN2 could be viewed, and was the first place some Discovery Channel variants and CNN Headline News were available.
The company was delisted from the ASX in July 2005, after a string of events starting with a request for a further 5 million dollars to continue operation. The company's venture capitalist, TVG, subsequently acquired all shares in the company.
In 2007 it was announced that rival telecommunications company TransACT would take control of Neighbourhood Cable from 1 January 2008. The operations of Neighbourhood Cable were rebranded as TransACT three years later, in June 2011.
Read more about this topic: Neighbourhood Cable
Famous quotes containing the word history:
“Books of natural history aim commonly to be hasty schedules, or inventories of Gods property, by some clerk. They do not in the least teach the divine view of nature, but the popular view, or rather the popular method of studying nature, and make haste to conduct the persevering pupil only into that dilemma where the professors always dwell.”
—Henry David Thoreau (18171862)
“In the history of the human mind, these glowing and ruddy fables precede the noonday thoughts of men, as Aurora the suns rays. The matutine intellect of the poet, keeping in advance of the glare of philosophy, always dwells in this auroral atmosphere.”
—Henry David Thoreau (18171862)
“In every election in American history both parties have their clichés. The party that has the clichés that ring true wins.”
—Newt Gingrich (b. 1943)