Verizon (NYSE: VZ) is using the OnCue technology it acquired from Intel in 2014 to launch a new IP-based pay-TV service later this year, according to Variety.
Last week, tech blogger David Katz uncovered an FCC filing, revealing the company's plans to deploy a new IP-based set-top.
Verizon hasn't commented publicly yet. But according to the Variety report, that set-top — code named "Mallard" — is the centerpiece of a new video service that will launch later in 2016 within the FiOS footprint.
Verizon has already used pieces of its OnCue acquisition in its ad-supported Go90 mobile video service.
The new Verizon service will reportedly include a new user interface entirely distinct from FiOS, while integrating online video platforms.
Variety also says that former Technicolor CMO and CTO Chris Carey, recruited by Verizon to work on the mobile video side, has been given new marching orders to get the IP-based pay-TV service ready to deploy.
As the trade paper further noted, Verizon had plans to switch from QAM-based video delivery even before it bought OnCue. On fact, that mandate was a major reason for the OnCue purchase.
It's not clear if Verizon will keep the FiOS brand as it begins to deploy its IP-based product.
For more:
- read this FCC filing
- read this Variety story
- read this Light Reading story
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