Technology content trusted in North America and globally since 1999
7,771 Reviews & Articles | 57,620 News Posts

Verizon reportedly interested in launching its own app store

Verizon Wireless interested in stepping up and having a role in the app market, hoping to draw Google Android smartphone users to its own service
By: Michael Hatamoto | Mobile Devices, Tablets & Phones News | Posted: Aug 20, 2014 10:23 pm

Verizon Wireless is reportedly planning to open its own app store to try to compete with the Google Play Store on Android-powered devices. Android has around one billion users worldwide, which is why Verizon wants to offer a unique service to its wireless subscribers.

 

verizon_reportedly_interested_in_launching_its_own_app_store_01

 

If true, it'd be a curious move by Verizon, as Google and Apple clearly dominate the app market, which is a multi-billion dollar industry. Customers spent $10 billion in Apple's App store in 2013, with Google sales figures unavailable - Google gives device manufacturers and wireless carriers 30 percent of revenue from apps sold, and Apple doesn't return anything to partners.

 

However, Google is cutting back revenue to carriers and hardware manufacturers, which is why Verizon hopes to step up and have a bigger influence in the app market. Verizon is the No. 1 wireless carrier in the United States and reportedly has the best network quality out of all four major carriers.

NEWS SOURCES:Theinformation.com, Sparkwiz.com

Related Tags

Got an opinion on this news? Post a comment below!
loading