Techs, telcos team up to set Internet TV standard

TECHS, TELCOS TEAM UP TO SET INTERNET TV STANDARD
[SOURCE: Reuters]
Companies which provide television over Internet technology (IPTV) joined forces on Monday to set a single global standard, so that all systems would work together. They hope to hammer out technology requirements by September and a first set of technology specifications by year-end. If all IPTV systems work together flawlessly it should be easier and cheaper for consumers to buy and use IPTV systems and services, such set-top boxes and TV and video programs. The companies involved include Ericsson, Matsushita's Panasonic, Philips, Samsung Electronics, Siemens AG, Sony Corp, AT&T, Telecom Italia and France Telecom.
http://www.reuters.com/article/technologyNews/idUSN1622606920070319