Business
Local Broadcasters Form Joint Venture to Provide High-Speed Data Transmission Services to Clients Across the United States
“EdgeBeam Wireless” Will Use ATSC 3.0 to Provide Faster, More Secure, and Less Expensive Data Delivery LAS VEGAS--(BUSINESS WIRE)-- Four of the nation’s
About this update from Nexstar Media Group, Inc.
[{"type":"text","content":"\n“EdgeBeam Wireless” Will Use ATSC 3.0 to Provide Faster, More Secure, and Less Expensive Data Delivery\n\n\n LAS VEGAS--(BUSINESS WIRE)--\nFour of the nation’s largest independent local broadcasting groups have come together to form EdgeBeam Wireless, LLC, a joint venture created to provide robust wireless data services to a wide range of businesses and industries across the country.\n\n\nThe E.W. Scripps Company, Gray Media, Inc., Nexstar Media Group, Inc., and Sinclair, Inc. launched the new company ahead of meetings this week at the Consumer Electronics Show in Las Vegas.\n\n\nLeveraging broadcasters’ uniquely efficient network architecture and the ATSC 3.0 transmission standard, EdgeBeam Wireless will provide expansive, reliable, and secure data delivery services. Using the broadcasters’ existing ATSC 3.0 facilities to deliver data has immediate applications for industries that need to send data to multiple customers, often in real time. This approach delivers a notably cost-effective solution that complements and enhances current wireless solutions.\n\n\nAmong EdgeBeam’s potential applications:\n\n\n\nAutomotive connectivity – including software updates, infotainment, precision navigation, and safety enhancements. The total addressable market for automotive connectivity services is as much as $3.7 billion per year according to internal estimates.\n\n\n\nContent delivery networks – EdgeBeam can help provide a significantly improved viewer experience for streaming services, without buffering or lag, particularly during high profile events with large audiences, such as live sports. The total addressable market for CDN services is estimated to be as much as $3.65 billion per year.\n\n\n\nEnhanced GPS – ATSC 3.0 can be used to improve the accuracy of GPS location information to mere centimeters as opposed to meters today. The total addressable market for enhanced GPS services is estimated to be as much as $220 million per year.\n\n\n\nEdgeBeam will be able to deliver data across the country to any civilian or military device with an ATSC 3.0 receiver, such as cars and trucks, drones, marine vessels, phones, tablets, and television sets.\n\n\nThis partnership creates a spectrum footprint that no individual broadcaster could achieve on its own, unlocking the potential of ATSC 3.0 to offer nationwide coverage for data delivery to...