1:08PM PST - The event has started. Denny Strigl has taken the stage.
1:09 - "We are here to talk about TV."
1:10 - "We're going to turn up the bandwidth on the whole television experience."
1:14 - "Best user-generated videos and games" to television and phone.
1:15 - Two firsts announced today, both available before the end of first quarter. First is VCAST TV.
1:16 - Nation's first live mobile TV network.
1:18 - Other announcement is next-generation fiber network to the home.
1:21 - Most major markets launch with VCAST TV by the end of first quarter. "True broadcast quality," programming 24 hours a day, 7 days a week.
1:23 - VCAST TV built on Qualcomm MediaFLO. Service has no effect on voice quality or capacity. Channel changes virtually instantaneous.
1:24 - "Premier lineup of content channels" - various MTV networks, NBC news and entertainment, CBS, FOX. Launch devices are Samsung Mobi, LG 9400.
1:25 - Comprehensive program guide, parental controls, companion website. Pricing and launch markets not being announced today.
1:27 - FiOS. New multimedia applications, new interactive media guide.
1:31 - Current generation being called "FiOS TV 1.0," now being upgraded to second generation.
1:33 - New media guide includes integrated search that can search through live TV, on demand content, and DVRed content at the same time. Uses predictive text, triple tap.
1:34 - Games being added to supplement music and photos. Internet radio / video and podcast content to come.
1:35 - Any web-enabled PC can manage FiOS boxes (DVR content, parental controls, etc.) and it'll be expanded to Verizon phones later in the year.
1:36 - FiOS 2.0 being tested in New Jersey, will be expanded to all ten FiOS states soon with a software update; no house visit necessary.
1:38 - Denny returns to the stage.
1:40 - Conference over, questions and answers.
Stay tuned for hands-on pics of all the goodies in the Verizon ballroom!
*Verizon is currently in the process of acquiring AOL, Engadget's parent company. However, Engadget maintains full editorial control, and Verizon will have to pry it from our cold, dead hands.