Broadband Cable Association of Pennsylvania

First in Broadband, the Future of Broadband

Verizon Communications Inc. could launch a digital video service over the Internet by the middle of next year, Chief Executive Lowell McAdam said at an investor conference on Thursday. Mr. McAdam said the carrier has much of the technology ready to launch the service and is nearing agreements with major content companies, which until recently were more skeptical of licensing content for delivery over the Internet. The need to connect with millennials who want to view TV shows and movies over the Internet is changing the tone of discussions, he said. "I think over-the-top video is right around the corner," Mr. McAdam said, referring to delivering video via the Internet rather than paid services like cable or its own FiOS offering. "We've got the assets in place, and I don't feel we need an awful lot more." Conversations with content companies, he said, have "moved from almost a stiff arm to much more of an embrace."

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