Verizon Communications on Tuesday agreed to acquire Intel Media, a business division dedicated to the development of Cloud TV products and services. The US carrier will incorporate the Intel-developed technologies into its next-generation video services through the Verizon FiOS fibre optic network and over the top to any device, including via LTE.
Verizon, the US broadband service provider, has launched a new Fibre-to-the Premises package called FiOS Quantum that delivers download speeds of up to 300MBps and 65Mbps for uploads. The company said that the service is the fastest internet service currently available to residential customers in the US. By contrast, speeds from cable providers such as Comcast currently top out at 105Mbps.
US carrier Verizon shook up the broadband market with the launch of a 20Mbps symmetrical fibre offering this week. The FiOS 20/20 service gives subscribers an upload and download speed of up to 20Mbps over Verizon’s all fibre network. This week is has been made available in parts of New York, New Jersey and Connecticut. [...]