T-Mobile announced this morning that it's bought out TV tech company Layer3, with the intention of launching an-new cable service sometime next year. It's a dramatic announcement for T-Mobile, a company that so far has narrowly focused on being a wireless network, with impressive success.
Exactly what T-Mobile will be offering isn't totally clear yet, but it's definitely going to be some kind of live TV streaming package. It also likely won't be cheap: Layer3's existing service starts at $75 a month, and T-Mobile CEO John Legere was throwing around the idea of 250 channels for his new service. That won't come cheap.
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