"You either overpay for traditional TV and all the bullshit that comes bundled with it, or you spend weeks MacGyvering content from different sources", T-Mobile US Chief Executive John Legere said in a video announcing the deal. T-Mobile is known for largely getting rid of two-year phone contracts and helping bring back unlimited-data plans in wireless.
So, T-Mobile didn't get the kind of program licensing leverage AT&T received when it became the No. 1 US operator with its DirecTV purchase. Given that, unlike AT&T, Verizon, Dish, Comcast and others, T-Mobile doesn't offer home internet, whatever TV service T-Mobile offers will likely be heavily optimized for its T-Mobile ONE plan, which means plenty of downsampling to 480p over LTE connections. The acquisition catapults T-Mobile into the rapidly evolving video business. "We're going to build TV for people who love TV - TV you'll be able to watch on every connected device you have wherever you are", Mr. Legere said.
In addition to the IPTV technology, Layer3 has also taken a modern approach to putting together a TV service in this day and age of Netflix, YouTube, Hulu, and Amazon Prime Video. Jeff Binder, CEO of Layer3 TV, said in the release. Though 5G will accelerate this convergence, T-Mobile said it expects the new TV service will go nationwide ahead of the company's 5G rollouts.
Financial terms were not disclosed.
Street Fighter 30th Anniversary Collection announced for May 2018
In case you were ever confused about the Street Fighter story and order of events, there is also an interactive timeline included. Street Fighter 30th Anniversary Collection will be released for Xbox One , PlayStation 4 , Nintendo Switch , and PC in May 2018 .
It's unclear at this time what T-Mobile's over-the-top TV service will look like, and whether, like the bundling schemes that the company is criticizing, it will be offered at a discount with wireless service.
T-Mobile points out that they have been a leader in mobile video options for their customers starting with the Binge On service that gave consumers the ability to stream as much video content as they wanted.
T-Mobile didn't hint at the forthcoming service's subscription tiers, features, or availability, and was equally mum on whether its debut would affect any of the carrier's existing promotions.
As for Layer3 TV, the company operates in five USA cities by integrating television, streaming online content and social media, according to T-Mobile.