KingstonInteractive Television -- one of the world’s first IPTV systems, located in Kingston, United Kingdom -- will shut its doors in April, according to a U.K.-based news Web site (www.inthenews.co.uk).
The TV-over- asymmetrical-digital-subscriber-line service saw subscriptions drop from 10,000 to 4,000, the Web site said, hurt by the launch of Freeview, a free digital-TV service.
Kevin Walsh, managing director of Kingston Communications, said, "Without the benefits of scale, further investment in the KIT service would not be cost-effective and, due to increased competition in the digital-TV market, it is not viable to continue the service as it currently exists."
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