OEN Bows Out

The IPTV bubble bursts in Houston

Craig Matsumoto, Editor-in-Chief, Light Reading

November 22, 2007

1 Min Read
OEN Bows Out

6:00 AM -- Remember Optical Entertainment Network Inc. (OEN)? They were going to bring independent IPTV -- and phone and Internet service -- to parts of Texas via fiber-to-the-home. (See IPTV Startup Has Big Plans for Texas.)

Not any more. Xchange Magazine got word earlier this week that OEN is folding its Fision triple-play service.

"Due to circumstances beyond our control, Fision will be discontinuing all services," a friendly, Houston-tinged voice tells anyone who calls OEN's main number. "We apologize for the inconvenience."

"Circumstances beyond our control" smacks of "nobody wanting to fund our company any more."

Fiber-to-the-home hasn't had quite the bubble buildup as VOIP services, considering it takes more than a guy with a computer. But the same kind of exuberance has taken hold, maybe on a milder level.

OEN won't be the last. At least they had an interesting ride:

  • OEN Launches HDTV Studio
    OEN Names New CEO
    OEN Launches IPTV
    OEN Launches 20-Mbit/s Access

— Craig Matsumoto, West Coast Editor, Light Reading

About the Author(s)

Craig Matsumoto

Editor-in-Chief, Light Reading

Yes, THAT Craig Matsumoto – who used to be at Light Reading from 2002 until 2013 and then went away and did other stuff and now HE'S BACK! As Editor-in-Chief. Go Craig!!

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