Two Articles of note explaining this whole Mirroring capability:
wi-fi-alliance-announces-first-miracast-certified-devices
how-does-android-4-2-jelly-bean-wireless-display-mirroring-work
Essentially what it means is that you have your Android Display mirrored to your TV over WIFI.
Time for a new TV, for christmas
or Alternatively you might get this device from netgear to use your existing TV.
http://www.netgear.com/home/products/hometheater/media-players/PTV3000.aspx#