cordcutting
Latest
Verizon CEO: 4G can be a 'substitute' for home internet and cable, will accelerate cord cutting
Sometimes, you have to wonder if these CEO types are being paid the big bucks just because they can believe their own outlandish claims. Latest to try and push the boundaries of credulity is Verizon's Ivan Seidenberg, who told an investor conference that he sees the company's newly unveiled 4G offering as becoming a "modest substitute" for premium home entertainment services as offered by cable and online streaming companies. He concedes that for now VZW's new LTE network will be viewed as an addition, rather than a replacement, to our connected world, but, over time, Seidenberg expects that its presence will be enough to convince more people to cut the cord. Perhaps those who'll find the $50 per 5GB levy easiest to swallow will be people with no cord at all -- the folks in rural areas for whom wired broadband isn't yet an option. As to the rest of us, we'll just wait until the economics start to look a tiny bit more appealing. Update: Speaking of economics, Fierce Wireless has another disclosure from the same conference. On the topic of LTE smartphone plans, Ivan said Verizon is still undecided on pricing, but he sees 10GB a month as the "floor of what people will do," going on to say that Verizon must "hold firm as best we can until the entire environment is mature enough." Listen to the webcast of his speech at the link below.
Microsoft in talks to start new TV service using the 360?
Microsoft's been strangely quiet during the recent smart TV explosion even though it has arguably the most mature set of products in Windows Media Center and Mediaroom, and now we know why: Reuters says MS has been meeting with media companies in an effort to create an entirely new TV service possibly delivered through the Xbox 360. Apparently there are multiple options on the table, ranging from a full-on "virtual cable operator" with monthly fees to using the 360 as an extension of existing cableco online TV initiatives to simply delivering certain channels like ESPN and HBO a la carte, and Reuters' sources say the plan might take another 12 months to develop. That sounds like a bit too long, if you ask us: Apple and Google are waging a major living room assault, and we can't imagine Microsoft is willing to miss another technology cycle -- especially not one where it holds the significant advantage of the 360's installed base and proven history as an IPTV device on multiple operators worldwide, including Uverse. We'll see what happens -- it sounds like the battle might finally be joined.
