SATELLITE TV GETTING LAW TO `LEVEL PLAYING FIELD' WITH CABLE.(News)

As the satellite-TV industry tells it, it's one of those David and Goliath stories, where an underdog cleverly uses technology to slaughter a dauntingly stronger rival.

But now, thanks to legislation passed by Congress and awaiting President Clinton's signature, satellite-TV operators - or ``satcasters,'' as they are called in the industry - say they are ready for a full-scale battle with cable-TV companies to get into the homes and pocketbooks of millions of Americans.

Sen. Patrick Leahy, D-Vt., says the legislation starts a ``new era of television-service competition'' that will give TV viewers new options for obtaining expanded programming, and open cable-TV ...

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