Verizon CEO Sees Decision on Online TV Service in 6 Months
- ’Crowded field’ includes Dish’s Sling, AT&T’s DirecTV Now
- ’There’s no big M&A planned for us,’ Chief McAdam says
Verizon CEO: Online TV Decision in Next 6 Months
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Verizon Communications Inc. will decide in the next six months how to deliver an online TV service, Chief Executive Officer Lowell McAdam said.
Although web-based TV is becoming “a crowded field,” the telecommunications giant needs to participate to take advantage of the advertising capabilities of its AOL and Yahoo! acquisitions, McAdam said Wednesday at Bloomberg’s Sooner Than You Think conference.