Writer Interactive television developer WorldGate Communications Inc.'s first-quarter earnings show rising revenue resulting from a 78 percent leap in subscribers. WorldGate's interactive TV services now have 185,000 subscribers, the company said, a 78 percent increase over the 104,000 subscribers reported at the end of the fourth quarter. WorldGate said it expects to have between 400,000 and 500,000 subscribers by year-end.
Interactive guides help users navigate the hundreds of channels on digital cable.
The joint venture includes leading cable operators Adelphia Communications, Charter Communications, Comcast Cable, Cox Communications and WorldGate. Recent deals with Comcast and St. Louis-based Cox gave the TVGateway venture more than 850,000 subscribers. WorldGate also continued its expansion throughout Latin America and the Caribbean. Motorola Inc. Digital Latin America targets a market of 12 million cable households, which Strategis Group expects will triple by 2008. Earliest info on new businesses, homeowners Sales Prospecting Center Real info, real opportunities.