They do move quickly over at Big Red don’t they.
After an appellate court ruled that the FCC didn’t have the authority to enforce net neutrality on data networks, Verizon is announcing plans to buy Intel Media. Intel Media is the wing of Intel working on next generation cloud, TV, and multimedia services. Following their recent acquisition of Edgecast content delivery networks and upLynk’s video encoding technology, it seems pretty clear that Verizon is aggressively working towards expanding their offerings in IPTV, cloud, and streaming services.
Now they also have a pass from the judicial system allowing them to legally prioritize their own services while degrading their competitor’s services. The free market works.
Full Intel PR below.
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