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:
“I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passé abstractions like beauty, nobility, and greatness have a shifting but continuing validity.”
—Camille Paglia (b. 1947)
“... all big changes in human history have been arrived at slowly and through many compromises.”
—Eleanor Roosevelt (1884–1962)
“Every member of the family of the future will be a producer of some kind and in some degree. The only one who will have the right of exemption will be the mother ...”
—Ruth C. D. Havens, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 13, by Susan B. Anthony and Ida Husted Harper (1902)