Verizon Wireless plans to launch its over-the-top mobile video service, rumored to be called "Go90," in the coming days, and will initially offer free shows aimed at young viewers, according to a Bloomberg report.
Verizon Wireless said that its subscribers will be able to access HBO Now, the offering from the premium TV network that lets customers access its content without a TV subscription. Verizon also said that HBO content, though not necessarily HBO Now, will be part of its over-the-the-top mobile video service, which is continuing to get fleshed out.
Verizon Wireless' forthcoming over-the-the-top mobile video service will be called "Go90" and will offer users both full episodes of TV shows from certain networks as well as music videos and other shorter pieces of content, according to a Variety report. The report, citing information from a pre-launch website for the service that was live but has since been taken down, said that initially the service will be entirely free of charge.
While Verizon's CFO touted the company's network densification plans during the company's second-quarter conference call, analysts are speculating the operator will face LTE network congestion issues over the next couple of years.
A high level Verizon executive says that the telco expects that, due to the changes they want to make in order to control costs, the negotiation process with union workers represented by the Communications Workers of America and the International Brotherhood of Electrical Workers will take time to complete.
Verizon Wireless is not desperate for low-band spectrum and does not necessarily need to secure a trove of airwaves in next year's incentive auction of 600 MHz broadcast TV spectrum, according to Verizon Communications CFO Fran Shammo. The company may participate in the auction, but in the meantime, it is focused on densifying its network through small cells and refarming some of its 1900 MHz PCS spectrum.
Verizon reported that while it continued to see an uptick in customers purchasing its 75 Mbps Quantum speed tiers, overall FiOS growth slowed during the second quarter of 2015.
Verizon Wireless edged out T-Mobile US in terms of postpaid subscriber additions in the second quarter, but relied far more heavily on adding tablet customers to do so. Despite losing feature phone and prepaid customers in the period, Verizon said it remains happy with its mix of customers.
Verizon Wireless' forthcoming over-the-the-top mobile video service will support sponsored data, with advertisers subsidizing the cost of consumers' video consumption, according to a senior Verizon executive.
Verizon Communications plans to use a combination of fiber, distributed antenna systems and small cells to densify its wireless network instead of relying solely on spectrum to meet consumers' growing demand for capacity.