Verizon's Streaming TV Service Reportedly Delayed Until 2018 [telecom]

by Chaim Gartenberg

Verizon has supposedly had its own over-the-top TV service in the works for a while now. Bloomberg first reported that it was supposed to launch in the summer back in March, and Verizon CEO Lowell McAdam confirmed in a Variety report that the company was working on the service in May. But those plans are apparently getting delayed even more: a new report from Bloomberg says that Verizon is now looking at a spring 2018 release date, at the earliest.

The most recent delay means that whenever Verizon's service does launch, it'll be considerably behind competitors like AT&T's DirecTV Now, Google's YouTube TV, Sony's PlayStation Vue, and Dish's Sling TV, all of which will have months, if not years of a head start. Plus, Bloomberg's sources claim that Verizon's service will be similarly priced to competitors, so it probably won't have a competitive advantage there.

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Bill Horne
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