Verizon signs first video deal with Time Warner
Verizon Communications Inc. said on Wednesday it signed its first video deal with a unit of Time Warner Inc., allowing it to carry Turner Broadcasting channels on its fiber-optic video service.
Verizon, the largest U.S. telecommunications company, is launching its Fios video service later this year to more effectively compete against cable companies such as Time Warner and Comcast Corp. that are pushing telephone services.
Verizon said the agreement will allow it to carry several Turner channels, including CNN, TNT, TBS, Cartoon Network and Turner Classic Movies.
posted by Fergie @ 7/06/2005 01:48:00 PM
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