MediaOne To Market DTV Cable Set-Top Boxes

MediaOne Group has announced an agreement with Philips Electronics NV of the Netherlands to develop DTV set-top boxes for the U.S. cable market. The set-top boxes are expected to be available by sometime this summer, well ahead of the FCCís July 2000 deadline for making the DTV boxes available to consumers on a retail basis. The first set-top boxes, needed for analog TV owners to receive DTV broadcasts (as a lower resolution) are expected to cost about $300, but to become more affordable as demand and production escalate.