Verizon wants to acquire Netflix?

Article By: Joan Lee.

Verizon to bid for Netflix? 

 

One of the best features of today’s smartphones is Netflix, arguably due to the fact that majority of smartphone customers love watching movies online (legally).

Aside from smartphones, tablet computers are also popular today, in fact, analysts say that the demand for the keyboard-less computers will continue to grow largely due to Apple’s iOS, Google’s new Android Ice Cream Sandwich, Microsoft’s Windows 8 and other tablet computers running customized version of Google’s platform like the Kindle Fire and the Nook Tablet.

Tablet computers and smartphones today, aside from communication, are also considered as media devices, and it looks like Verizon wants to enhance its media consumption offerings by acquiring Netflix. According to a report posted on Tuesday by Bloomberg, the wireless carrier is “very serious” about bidding for the movie streaming service.

Porter Bibb, an investment banker told Bloomberg that Verizon wants its own streaming service, and “they are very serious about either Netflix or something similar.”

Last week, rumors circulated online that Verizon will compete against Netflix, so it is quite unclear if what is the “real plan,” to rival? Or to acquire?

 

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