T-Mobile Enters The pay-TV Market With the Acquisition of Layer3 TV

Smartphones Dec 13,2017 0

T-Mobile US, Inc. president and CEO John Legere unveiled the next phase in the Un-carrier's mobile video strategy, announcing plans to launch a new TV service in 2018.

To fuel that, Legere also announced the Un-carrier has signed a definitive agreement to acquire Layer3 TV, Inc. and will work with Layer3 TV's technology and talent to create T-Mobile's new TV service.

T-Mobile is alreay offering mobile users the options to stream videos with Binge On and T-Mobile ONE, and gives T-Mobile ONE families a free Netflix subscription included at no extra charge.

Currently, Layer3 TV delivers a product that integrates television, streaming online video content and social media and is available in five cities across the US. With Layer3 TV's technology and team, T-Mobile plans to launch its own new TV service next year, tapping into the content available from creators today "to disrupt legacy cable and satellite TV's distribution model."

T-Mobile expects the acquisition to close in the coming weeks.

0 Comments

Your name

Comment *

More information about text formats

Text format

Filtered HTML

Web page addresses and e-mail addresses turn into links automatically.
Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>
Lines and paragraphs break automatically.

Plain text

No HTML tags allowed.
Web page addresses and e-mail addresses turn into links automatically.
Lines and paragraphs break automatically.

BBCode

No HTML tags allowed.
You may use these tags: [abbr], [acronym], [b], [center], [code], [color], [define], [font], [h1], [h2], [h3], [h4], [h5], [h6], [hr], [i], [img], [justify], [left], [list], [node], [php], [quote], [right], [s], [size], [sub], [sup], [u], [url], [wikipedia], [youtube], [align], [link], [ol], [ul]
Lines and paragraphs break automatically.