Cablevision recently started marketing a fixed wireless broadband Internet and telephone service in Florida called OMGFAST, charging subscribers $29.95 monthly for a 50 Mbps Internet connection that competes with Comcast, Time Warner Cable and other cable operators. Key players backing OMGFAST include Cablevision founder and cable pioneer Chuck Dolan, who controls a 90 percent stake in the company, and George S. Blumenthal, the founder of British cable MSO NTL, who holds a 10 percent stake. The new service is relying on Multichannel Video Data Distribution Service (MVDDS) spectrum, which can be used to deliver wireless video, voice and Internet services to subscribers with fixed wireless receivers. Article
