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SEC Filings

RENAISSANCE MEDIA GROUP LLC filed this Form S-4/A on 08/06/1998
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  Cable television systems also compete with wireless program distribution
services such as MMDS, which uses low power microwave frequencies to transmit
video programming over the air to customers. Additionally, the FCC recently
adopted new regulations allocating frequencies in the 28 GHz band for a new
multichannel wireless video service called Local Multipoint Distribution
Service that is similar to MMDS, and the FCC initiated spectrum auctions for
LMDS licenses in February 1998. Wireless distribution services generally
provide many of the programming services provided by cable systems, and
digital compression technology is likely to increase significantly the channel
capacity of such wireless systems. Because MMDS and LMDS service requires
unobstructed "line of sight" transmission paths, the ability of MMDS systems
to compete may be hampered in some areas by physical terrain and large
buildings. The Company is not aware of any significant MMDS operation
currently within its cable franchise service areas.
  The 1996 Telecom Act makes it easier for local exchange carriers ("LECs")
and others to provide a wide variety of video services competitive with
services provided by cable systems and to provide cable services directly to
subscribers. Other new technologies, including Internet-based services, may
become competitive with services that the Company may offer. See "Legislation
and Regulation." Various LECs currently are providing video programming
services within and outside their telephone service areas through a variety of
distribution methods, including both the deployment of broadband wire
facilities and the use of wireless transmission facilities. LECs also provide
access to interactive online computer services using conventional or
integrated service digital network ("ISDN") modems. Cable television systems
could be placed at a competitive disadvantage if the delivery of video
programming and interactive online computer services by LECs becomes
widespread, since LECs are not required, under certain circumstances, to
obtain local franchises to deliver such services or to comply with the variety
of obligations imposed upon cable television systems under such franchises.
Issues of cross-subsidization by LECs of video and telephony services also
pose strategic disadvantages for cable operators seeking to compete with LECs
that provide video services. The Company cannot predict the likelihood of
success of video service ventures by LECs or the impact on the Company of such
competitive ventures.
  LECs and other companies provide facilities for the transmission and
distribution to homes and businesses of interactive computer-based services,
including Internet access, as well as data and other non-video services. The
Company is planning to market high-speed Internet access and data transmission
in certain areas served by its cable systems and expects that the competition
in the interactive online services area will be significant. The high-speed
cable modems that will be used by the Company are capable of providing access
to interactive online information services, including the Internet, at faster
speeds than that of conventional or ISDN modems used by other service
providers. Competitors in this area may include LECs, Internet service
providers, long distance carriers, satellite companies, public utilities and
others, many of whom have more substantial financial resources than the
Company. Several LECs recently requested the FCC to fully deregulate packet-
switched networks to allow the provision of high-speed broadband services
without regard to present LATA boundaries and other regulatory restrictions.
Regardless of whether this request is granted, the Company expects that
competition in the interactive online services area will be significant. The
Company cannot predict the likelihood of success of the broadband services
offered by the Company's competitors or the impact on the Company of such
competitive ventures.     
  The 1996 Telecom Act directed the FCC to establish, and the FCC has adopted,
regulations and policies for the issuance of licenses for digital television
("DTV") to incumbent television broadcast licensees. DTV is expected to
deliver high definition television pictures, multiple digital-quality program
streams, as well as CD-quality audio programming and advanced digital
services, such as data transfer or subscription video. The FCC also has
authorized television broadcast stations to transmit textual and graphic
information useful both to consumers and businesses. The FCC also permits
commercial and noncommercial FM stations to use their subcarrier frequencies
to provide nonbroadcast services including data transmissions. The FCC
established an over-the-air Interactive Video and Data Service that will
permit two-way interaction with commercial and educational programming along
with informational and data services.