Verizon expands FiOS TV features as rollout contracts

It's not exactly FiOS Everywhere, but even as Verizon (NYSE: VZ) pulls back on FiOS rollouts, it's pushing forward with service features for existing subscribers. The telco held a press event in New York to show how it will let subscribers watch live TV shows on Apple's iPad (even as it develops its own tablet with Motorola) and, for those who just want to veg out in front of the home TV, the capabilities of an expanded user interface with cloud storage.

On the iPad side, Verizon is reportedly in talks with video content providers like CNN and HBO to stream programs to tablets. Beginning in the fourth quarter, a new Media Manager will give FiOS subscribers access to up to 70GB of stored pictures, music and downloaded movies on "up to five devices" that include PCs, TVs and phones (obviously of the mobile variety) for no extra charge.

"This is why we built FiOS the way we did and this is why we made the investment," Shaygan Kheradpir, Verizon's CIO said at the event. "We've been waiting for devices that are capable of taking this stream and rendering it beautifully."

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