Verizon expands YouTube TV deal as Fios video losses continue in Q1

Verizon announced it has expanded its deal with Google and will sell YouTube TV directly to all its wireless and broadband subscribers.Verizon will begin reselling YouTube TV on a wider basis later this year and, while the company didn’t specifically mention pricing or packages for the service, it did say it would “offer unique, high-value YouTube TV promotions to customers across platforms.” The YouTube TV offering will be targeted at Verizon’s wireless, 5G home broadband and Fios broadband subscribers.Verizon CFO Matt Ellis said the new deal with Google gives his company the opportunity to combine YouTube TV with Verizon’s core wireless offering. “[Ronan Dunne, president of the Verizon Consumer Group] and his team will make sure that’s relevant to our wireless mobility customers, having that additional functionality available to them,” Ellis said during today’s earnings call.Today’s announcement somewhat confirms reports from last year that Verizon was looking to expand availability of YouTube TV to more of its subscribers after earlier setting a deal to provide the service to its new 5G home broadband subscribers.