Impressive DBS Growth Offers Encouragement for Telcos Deploying Video -- According to Yankee Group estimates, "direct broadcast satellite (DBS) operators DIRECTV and EchoStar had a combined total of 24.8 million subscribers at the end of 2004, up from 21.6 million a year earlier. DIRECTV gained 1.7 million subscribers while EchoStar gained 1.4 million. Although population growth drove part of this growth, much of it has come at the expense of cable. In the same time frame, we estimate that cable operators lost between 600,000 and 800,000 subscribers. Although troubled cable companies Adelphia and Charter accounted for about half of those losses, others including Time Warner, Insight and Mediacom also lost a substantial number of subscribers."
The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without