![]() ![]() ![]() White also said he wasn’t sure whether an Internet-based approach could handle all the traffic generated by streaming services like Netflix Inc.’s. The main drawback is that it requires customers to get a separate broadband connection, White said, so it’s not a stand- alone service. I don’t think the Intel idea is a very good idea, White said on 12 December at the company’s annual investor day. Intel’s efforts to create a Web-based pay-TV alternative have attracted some criticism from potential competitors including DirecTV CEO Mike White, who runs the largest US satellite-television provider. He took the reins in May and is focusing on revitalizing its efforts to win orders from mobile phone and tablet makers as sales of those devices erode demand for its traditional market, personal computers. Intel backed off of its TV efforts under new chief executive officer Brian Krzanich. AT&T Inc., based in Dallas, is the largest US communications company. Verizon slipped 0.6% to $47.84, leaving it with an 11% year-to-date advance. Intel, based in Santa Clara, California, fell 0.7% to $24.29 on Friday in New York. Verizon, based in New York, has been asking media companies if a streaming product would require new contracts for programming, or whether existing FiOS TV agreements could be amended to include the additional rights, people with knowledge of the situation have said. The company was asking about $500 million for OnCue, people with knowledge of the situation said in November.īob Varettoni, a spokesman for Verizon, declined to comment, as did Intel’s Laura Anderson. FCC to get approval for the box, and the documents specifically mention OnCue, and the codename for their set-top, 'Mallard. The telecom giant has filed documents with the U.S. Intel, the world’s largest chipmaker, decided to divest the business after its new management opted to focus on selling chips for mobile devices, said one of the people.Įarlier this year, Intel delayed plans to begin offering the service to subscribers by the end of 2013. Two years ago, Verizon acquired what was left of Intels failed OnCue IPTV service and it appears they are now on the verge of launching a set-top box built on Intels foundations. That would let people start, stop and switch video services more easily, and could accelerate a shift toward more interactive advertising and advanced analytics, he said. In the hands of Verizon, the product could help spark a trend toward so-called hardware light video services, Hargreaves said. Intel’s system includes servers, set-top boxes and applications that can stream content to televisions, phones and tablets. OnCue is designed to provide pay-TV programming over any high-speed Internet connection, making it a threat to cable-TV services that deliver shows over dedicated lines restricted by territory. Untethering the linear video service from the network could dramatically increase competition. It has the potental to change US pay-TV forever, said Andy Hargreaves, an analyst with Pacific Crest Securities in Portland, Oregon. ![]()
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