Titan Global Entertainment, Inc. announced today that it entered into a letter of intent to acquire all the assets of Trinity Communications, LLC, a cable company located in Orme, Tennessee. This agreement will provide Titan with Trinity's 240 retransmission channel contracts, which include such networks as CSNBC, FOX and many others. Terms of the agreement were not disclosed.
With this acquisition, Titan Global Entertainment now has a foothold in the IPTV market. With its own cable company, Titan can provide live streaming television via its revolutionary handheld video/music player -- the Titan Omni. Titan plans to take advantage of Trinity's established base of thousands of customers to market its unique products and services.