Verizon Reportedly Planning Online Tv Package For Summer

(RTTNews) - Telecom giant Verizon is reportedly preparing to launch its own internet television service.

According to a report from Bloomberg, the carrier has been securing streaming rights from a number of television networks in preparation for a nationwide launch this year, possibly as soon as this summer.

The telecommunications giant intends to sell package with dozens of channels this summer, the report said citing unidentified people familiar with the matter. The live, over-the-internet TV service would be a first for Verizon, excluding go90, a YouTube-like streaming-video service and also independent of its FiOS home TV offer, the people said.

The people familiar with the plans claim Verizon to price the service at a similar rate to other competing services of between $20 and $35 per month.

The service is expected to be available through an app on set-top boxes like Apple TV or Roku as well as on phones and tablets.