An anonymous reader writes “AT&T officially announced on Tuesday their intention to launch a Netflix-like service in collaboration with an investment group run by a former Fox president. AT&T is following in the footsteps of Verizon, which partnered with Redbox in 2012 to offer the same type of service, and like Verizon, is also still negotiating with Netflix on payments to not throttle Netflix traffic.” Read more of this story at Slashdot.

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AT&T Plans To Launch Internet Video Service