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Technicolor may become one of Verizon’s broadband equipment suppliers

Published on July 30, 2010 By Don

Technicolor (NYSE: TCH) may enter the U.S. broadband market soon with a deal to provide routers for Verizon’s (NYSE: VZ) FiOS service. The companies are negotiating a three-year strategic agreement and signed a memorandum of understanding this week. If the deal goes through, Technicolor broadband routers would be deployed within the FiOS subscriber footprint beginning [...]