Why Now Could Be the Time for Verizon to Try Video Streaming Again
Given its history and the fact that rival AT&T (NYSE: T) did the same during the same quarter, it came as no real surprise that Verizon (NYSE: VZ) lost cable television subscribers for the three-month stretch ending in March. The cord-cutting movement remains a rather indiscriminate one, reducing cable headcounts at powerhouses like Comcast (NASDAQ: CMCSA) just as easily as it can pick off customers of the tiniest cable names.
Verizon differs from other names in the telco business, however, for one simple reason: It's doing the least to stave off the exodus of television subscribers, perhaps because it's in the poorest position to shore up its TV numbers and give them a reason to stay. Maybe now would be a good time to give television another shot.
Image source: Getty Images.
Source Fool.com
