Verizon is Looking to Partner with Either Apple or Google for their 5G Connected TV Service starting in Sacramento this Fall
In May it was reported that Apple TV was entering the Pay-TV world with Canal+ in France. During Apple's WWDC 2018 event in June they announced that were also working with Salt in Switzerland on a similar deal as Canal + and that later this year Charter Spectrum was coming on board with new Apple TV services. So what's next for Apple on this front? Well, it's being reported that Verizon Communications Inc. is seeking to partner with Apple or Google to provide television when it launches the first superfast 5G service to homes in Los Angeles and Sacramento later this year.
Bloomberg reports that "Verizon is expected to update to its 5G rollout plans when it reports second-quarter results Tuesday. The phone giant came up short developing its own live online TV service, and a partner could help Verizon deliver on its promise of a robust 5G offering in four cities before the end of the year.
Using new fifth-generation wireless technology, Verizon plans to beam online services to home receivers, delivering speeds that match or exceed landline connections. The company will eventually use 5G to sell consumers internet and online TV packages to compete nationally against cable and landline services from AT&T Inc. and Comcast Corp.
The debut of 5G online TV with either Google's YouTube TV or Apple TV will be used to showcase the technology and mark Verizon's first competitive live TV venture outside its predominantly East Coast service area. But the live-TV partnership might not be permanent. Verizon is opting for outside help until it gets "comfortable" with its own internet-based video service, Chief Financial Officer Matt Ellis said in May at an investor conference."
To be safe Bloomberg notes that "Negotiations are ongoing and could still fall apart." For more, read the full report here.
While Google has a wider global reach than Apple, when it comes to digital devices in the U.S., Apple outguns Google. Apple also caters to a higher-class segment of the market not afraid to spend money if it's for an Apple device or service. If Verizon offers 5G TV anywhere anytime, Apple has more smartphones and tablet customers in the U.S. than anyone else. Is it enough to win Verizon over? Only time will tell.
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