19.10.2017 04:49:57

Verizon Reportedly Eyeing Spring For Start Of Delayed Online TV Service

(RTTNews) - Verizon Communications Inc. (VZ) is aiming for a spring 2018 launch for its new online TV service, which has been delayed at least twice as the telecommunications giant grapples with how to compete in the media world, Bloomberg reported citing people familiar with the matter.

While Verizon has shared its plans with TV networks, the timing of the web-based, live TV service's introduction remains tentative and could be further postponed, the report said.

The delays in the project have created the impression of a strategic drift. The phone giant has yet to finalize distribution agreements with top media companies, the report said.

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