Verizon Communications is reportedly in discussions with content companies on an online TV service.
Verizon chief executive Lowell McAdam was quoted by Reuters as saying that the company’s goal is to work with the content providers.
"I have personally had discussions with the CEOs of the large content companies, and we would love to partner with them to see how we can take FiOS contact mobilely across the country," McAdam said.
McAdam noted that the company may also look to offer a service delivered over wireless airwaves and not just broadband.
Verizon acquired Intel’s OnCue service in January 2014 for an undisclosed sum.
Reuters reported that Verizon’s FiOS fiber-based Internet and TV service has over 5 million video subscribers, which is about 5% of pay TV households.
According to the news agency, McAdam also stressed that Verizon anticipates Netflix to pay for faster video delivery as part of a so-called interconnect deal, in an arrangement similar to the one the video provider has made with Comcast.
"I have spoken live and via email with (Netflix CEO) Reed Hastings, and I believe that we will get some sort of an arrangement with them as well," McAdam said.
