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August 15, 2018 02:05 am

Verizon Nears 5G Launch Deals With Apple and Google: Bloomberg

In a statement Tuesday, Verizon announced deals making Apple and Google its first video providers for a 5G wireless service its planning to launch in four cities later this year. From the report: The home broadband service will debut in Los Angeles, Houston and Sacramento, California, as well as the newly announced fourth city of Indianapolis, Verizon said Tuesday in a statement. With the introduction, Verizon will provide 5G customers either a free Apple TV box or free subscription to Google's YouTube TV app for live television service, according to people familiar with the plan. After shelving its own online TV effort, New York-based Verizon decided to partner with the two technology giants for video content, a first step toward eventually competing nationally against internet and pay TV providers such as AT&T and Comcast Using fifth-generation wireless technology, Verizon plans to beam online services to home receivers, delivering speeds that match or exceed landline connections.

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