4 Key vMVPD Takeaways From T-Mobile's Canceling of TVision
Well, that was a short-lived experiment. T-Mobile US's (NASDAQ: TMUS) low-cost streaming cable TV service TVision, just launched in October, is shutting down at the end of the month. The wireless un-carrier is instead steering customers to Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) YouTube TV or a similar-but-smaller virtual cable brand called Philo, offering an exclusive discount on both.
It's clearly a failure for T-Mobile, which touted its television plans for years leading up to 2020's big reveal. Shareholders aren't losing anything because they never actually benefited from the company's cable efforts. Still, it's a lost opportunity that cost a little money and burned a lot of time and energy.
There's more to the story for investors than just T-Mobile's TV flop, however. The decision underscores four stark realities about the entire virtual multichannel video programming distributor (or vMVPD) movement that investors need to understand.
Source Fool.com