Verizon Plans To Launch Online TV Service This Summer

Posted: Mar 31 2017, 12:11pm CDT | by , in News | Technology News

Verizon Plans to Launch Online TV Service This Summer
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  • Verizon Plans Live Streaming TV Service

It appears to be the case that a big shot like Verizon wants a piece of the action as far as live streaming TV service is concerned.

Comcast is not the only player in the field which wants a live streaming service. Verizon is in on the game and has been after the digital copyright documents to various TV stations.

These include in their list such names as CBS and ESPN. Yet unlike Comcast which offers such an amenity to its Net freaks, Verizon plans on launching this service throughout the USA in the summer of 2017.

Verizon would have most likely offered a cable cord-cutting service faster than you could say “what happened?” yet different plans lay in its future. It has 4.6 million cable TV users as compared to Comcast which has just 22.4 million such subscribers.

With 7 million broadband users, these figures could get a much-needed boost. This could thus have panned out much in the same manner as AT&T did with DirecTV Now. The thing is that unlike Comcast, Verizon had never tested the waters of live TV streaming.

Verizon has signed a contract with CBS for future digital platforms, according to Bloomberg. Were Verizon executives to start wheeling and dealing, the service would be launched this summer for $35 per monthly access to 60 channels like DirecTV Now.

Three main TV choices would thus exist for consumers. Other options would also be available. Verizon may even give Comcast a run for its money. The competition is shifting gears and the heat is on.

Seeing the number of cord-cutting operations, Verizon is willing to experiment for the sake of innovation. This will likely benefit the consumers immensely. Such are the plus points of the system known as capitalism.

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<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.




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