Verizon is making a big move this week — developing its own mobile TV network. The cellular phone company wants to have this network up and rolling by December, but a lot of things need to fall into place, most notably approval from the FCC.
Verizon CEO Lowell McAdam said his company could launch a wireless video service by the end of the year if the government approves a proposed cable partnership, according to a report in The Wall Street Journal. The new service would allow Verizon Wireless customers who are pay TV subscribers see video content on their mobile phones, according to the report. The company is seeking FCC and DOJ approval for $3.9 billion in deals to buy spectrum licences from Comcast and Time Warner Cable. WSJ subscribers can read the full report here.