New LG Smartphone Lancet Being Offered By Verizon Communication

The wireless company recently announced the launch of a new low budget phone by LG that is sure to attract the attention of people who wish to carry smart phones but with a low budget.

According to a recent press release by Verizon wireless business, it was reported by the management of the firm that LG’s new phone, the Lancet, will be made available for the customers soon. Previously, LG Display Co Ltd was not seen to have given much importance to the phones supported by software provided by Windows but as per the latest release, it was seen that this time around, the firm has decided to bring a new phone in the market with the software that it previously tried to avoid. There were rumors regarding the release of the smart phone in which it was expected in the last week of May. However, as per the latest update on the wireless networking business, it has been announced that this phone will be launched on May 14 instead.

It has also been made public by Verizon (VZ) wireless that it will reportedly be the only carrier to be providing this low budget LG phone to the market. According to BidnessETC, the phone will be made available for the users in the United States by May 21, 2015. The wireless carrier has been giving special attention to the upcoming phone supported by a promotional campaign that is to help make this phone a success.

Lancet will be coming in a with features like a 4.5-inch screen along with an 854x480 resolution screen with a Qualcomm processor. The internal storage on the phone will be of around 8GB and will also be made compatible to work with a micro SD card. The new LG phone will also come with a 4G LTE support with a battery system that will work for 2100mAh support. As for the camera, it comes with an 8MP camera with the secondary camera provided with VGA.

The phone that is yet to release has already been made available by Verizon online store for purchase and customers who wish carry out the buying procedure will be able to do so in only $120 which is a far lower price as compared to other smartphones that come with the same features.

Verizon management was seen to speak in recent press release in which it discussed how the upcoming phone is going to be quite useful for customers who wish to enjoy the typical features in a smartphone at a price that is manageable by people who wish to save money on gadgets. Therefore, for people who wish to enjoy features of a smartphone but not spend too much, this phone is sure to prove as a great device to own.

Verizon Signs Deals with ESPN, CBS Sports and others for college sports

Verizon deals with various big networks for college sports games.

Verizon Communication (NYSE:VZ) is planning to launch its wireless Internet TV service by the end of 2015. It has also signed a number of deals with channels such as CBS Sports and ESPN and others to distribute college sports programs.

Verizon plans to introduce its “mobile-first” pay-TV service with initial channels of between 20 and 30 channels targeting the young audience who aren’t much interested in typical channels shown on cable TV, Chief Executive Officer Lowell McAdam stated.

"College sports with all of its live programming and networks targeted to millennials are a natural fit for any mobile-first video platform," said Terry Denson, Verizon's VP of content acquisition and strategy.

He Further said, "These brands are at the top of the league, and we're excited to work with them as new content models for our customers develop and evolve."

The deals will provide subscribers to watch full college games, including various famous college games from CBS Sports. Verizon signing up these deals indicate that they will mostly focus on recaps and highlights. It also makes sense as the Internet Service which is mobile focused, the audience would most likely be more interested in the smaller versions.

Fran Shammo Chief Financial Officer at Verizon hinted that the service will use the carrier's LTE multicast technology for broadcasting live events.

However, it also indicates that big networks that have access to popular games don’t wish to offer it online. That’s probably the reason why Verizon is making deals with networks like ACC Digital Network and Campus insiders and 120 sports.

Last year, Verizon acquired Intel’s OnCue over-the-top division for $200 million. Intel had been providing services to compete with Pay-TV service providers but did not continue due to cost issues.

Additionally last year Verizon also purchased content-delivery network provider UpLynk and EdgeCast Networks, which provides streaming video services.Verizon has also announced deals with Viacom, giving a permit to the company to the distribution rights for MTV, Comedy Central, Nickelodeon and other channels.

AT&T, the biggest mobile service competitor of Verizon has also hinted of offering future mobile video. Verizon stock were trading at a share price of 50.55, and we up by 0.94% as on Wednesday at 6:27AM.