The first-ever Internet service that allows customers to watch and stream free online video content without paying for it, Verizon said Tuesday.The move marks the first time Verizon has officially provided Internet access to its FiOS Internet customers without paying a monthly fee.Customers can now stream YouTube, Hulu, Vimeo, Netflix and Vimeo Plus videos without having to pay for the service.Ver...
Windstream has announced it will buy Internet equipment manufacturer Windstream, which it acquired last year for $8 billion.
The deal will give Verizon access to Windstream’s portfolio of Internet hardware and broadband services.
Verizon said in a statement that the deal will allow it to better serve its customers and provide greater value for customers.
“As a pioneer in the global Internet industry, Verizon is excited to leverage its global network and expertise to further our network modernization initiatives,” Verizon said.
“The acquisition will provide us the flexibility to leverage Windstream technology and offer our customers new and innovative ways to deploy Internet in their home, office, and on-premises networks.
Verizon will continue to invest in its networks and support customers with innovative products and services, and continue to support the next generation of Internet services.”
Verizon said that the new acquisition will “enhance our ability to serve customers around the world with reliable, high-speed Internet access.”
“Verizon will continue its focus on the growth and security of our broadband infrastructure, which we believe will lead to greater value to customers,” the statement added.
Windstream announced in October that it had acquired a minority stake in Verizon, which was led by billionaire investor Peter Thiel.
In January, Verizon CEO Lowell McAdam said that he was considering selling the company, but the decision to sell was postponed until after the elections in November.