FLO TV deemed as a disappointment by Qualcomm's CEO
The growth of watching video content on mobile devices can be attributed to popular free services like YouTube that enables users to kill time by viewing a medley of content. However, the notion of watching television on a handset hasn't caught on as much as some would've liked it to, but there are always some that find value in the service. Although there are customers that are content with subscribing to FLO TV mobile television service, it may not be enough to offset the lack of expected figures to deem it a success. Qualcomm's CEO, Paul Jacobs, expressed his disappointment with the limited success of FLO TV during the Wall Street Journal's AllThingsD conference. He said, “There are people who love it, but the numbers are not nearly what we expected.” It may not look too good for FLO TV's future as the company may have some others plans for the 700MHz frequency that's used to deliver the service – which is offered on a bunch of handsets for AT&T and Verizon.
source: The Wall Street Journal via Phonescoop
source: The Wall Street Journal via Phonescoop
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