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Verizon to purchase Intel Media assets

2014-01-21 15:10:29| Digital TV News

Verizon (NYSE, Nasdaq: VZ) and Intel (Nasdaq: INTC) have announced an agreement for Verizon to purchase from Intel the assets of Intel Media, a business division dedicated to the development of Cloud TV products and services.

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Verizon FiOS Video net additions slow to 92,000 in 4Q 2013

2014-01-21 14:00:34| Digital TV News

Verizon Communications (NYSE, Nasdaq: VZ) has reported results for the fourth-quarter of 2013. In the quarter Verizon added 126,000 net new FiOS Internet connections and 92,000 net new FiOS Video connections.

Tags: net video slow additions

 
 

Verizon plans OTT video services with Intel Media takeover

2014-01-21 10:21:00| Telecompaper Headlines

(Telecompaper) Verizon has agreed to buy Intel Media, the chipmaker's business working on online TV products and services. Verizon said it will use the acquired technology to develop next-generation video services, to deliver over its own Fios fibre network and 'over the top' to any connected device. Verizon will purchase the intellectual property rights and other assets that enable Intel's OnCue Cloud TV platform, as well as offer to employ the some 350 people working at the Intel unit. The activities will continue to be based in Santa Clara and be led by the current management team. No financial details of the takeover were disclosed. Pending regulatory approval, the deal is expected to close early in the first quarter. Once the transaction is closed, Verizon expects to integrate IP-based TV services with its Fios video service to further differentiate Fios from traditional cable TV offerings and to reduce ongoing deployment costs. Fios customers are also expected to benefit from "elegant search and discovery, interactivity and cross-screen ease of use", integrated with the Verizon LTE network.

Tags: services video media plans

 

Verizon Wireless Expands Its 'Share Everything' Plan

2014-01-21 05:23:09| IT Services - Topix.net

Verizon Wireless customers now have a new reason to join Share Everything. Verizon introduces an entry-level plan that gives customers the option of adding a 4G LTE smartphone to Share Everything for $40.00 per month plus $20.00 per month for unlimited talk and text and 250 MB of data that can be shared among devices.

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Verizon buys OTT TV assets from Intel

2014-01-21 01:00:00| Total Telecom industry news

U.S. telco looks to boost FiOS with cloud TV assets; deal includes transfer of 350 staff.

Tags: assets intel buys verizon

 

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