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Verizon Strikes Carriage Agreement With A&E

Apr 22, 2005  •  Post A Comment

Verizon Communications, one of the large telephone companies gearing up to launch a video service delivered over fiber-optic telephone lines, struck a carriage agreement on Friday with A&E Television Networks to carry seven A&E channels plus A&E video-on-demand content.

The deal, whose financial terms weren’t disclosed, is one of two pacts struck this week by Verizon, which is looking to launch its video service Fios TV by the end of the year. On Monday Verizon announced it had reached a carriage agreement with NBC Universal Cable that includes 12 channels plus the NBC television network.

Verizon is one of three large telephone companies looking to launch a video service as a way to more effectively compete with cable operators, which have hurt the telcos by offering high-speed data and now telephone service and video. The phone companies are spending billions to upgrade networks with fiber-optic phone lines capable of delivering video, data and voice services to residential customers.

As part of Friday’s agreement, Verizon agreed to carry A&E, History Channel, The Biography Channel, History International, Military History Channel, a Spanish-language version of History Channel and Crime & Investigation Network. In addition, Verizon will carry on-demand content from A&E’s channels.