T-Mobile Is Willing to Pay to Bundle TV
A little over three years ago, T-Mobile (NASDAQ: TMUS) spent $325 million to acquire Layer 3. In the years that followed, it relaunched the pay-TV service ... and then relaunched it again. Now, it seems to be throwing in the towel: T-Mobile has announced plans to shutter its TVision streaming service at the end of April.
But T-Mobile hasn't given up on the idea of bundling a pay-TV service of some kind with its cell phone service. It's partnering with a pair of providers -- Philo, and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube -- to offer similar services at similar prices to its customers as it did with TVision.
Ultimately, T-Mobile is looking to reap the sorts of benefits that similar bundles deliver to AT&T (NYSE: T) and Comcast (NASDAQ: CMCSA).
Source Fool.com
