T-Mobile Buys Layer3, Planning Launch of TV service in 2018

T-Mobile is launching a TV service in 2018, becoming the latest company to marry wireless and video. The service will target people who aren't interested in traditional cable and satellite TV packages. T-Mobile promises to address consumer complaints such as “sky-high bills” and “exploding bundles.” The company did not provide details on its upcoming offering, such as how it would differ from existing online TV alternatives from Hulu, YouTube, Sony, AT&T and Dish. The nation's No. 3 wireless carrier said Dec 13 that it bought cable-TV start-up Layer3 TV Inc. to help it roll out its upcoming service. T-Mobile didn't disclose how much it paid for Denver-based Layer3, which is available in five U.S. cities, including Los Angeles.