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Verizon eye up Intel’s OnCue?

According to Bloomberg, Intel is asking about $500 million for its online pay-TV service OnCue, and is looking to secure a sale by the year-end.

The unidentified source suggested that Verizon are one of the suitors in the private talks (this could feasibly allow Verizon sell pay-TV outside the current FiOS footprint).

Though a system that includes servers, set-top boxes and applications that stream content to phones and tablets, OnCue can provide pay-TV programming over any high-speed Internet connection, making it a threat to traditional cable-TV.

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