Comcast launching streaming video service

US cable giant Comcast says it is set to launch a streaming video service.

US cable giant Comcast is launching a streaming video service as it faces growing intrusions from companies like Netflix and a rising number of customers becoming more mobile, using tablets and phones for entertainment.

The company said on Monday the new service, called Stream, will cost $US15 a month.

Internet customers will be able to watch live TV from about a dozen networks, including HBO, on phones, tablets and laptops.

The service includes on-demand movies and shows.

Comcast Corp. says it will launch the service in Boston later this year and plans to make it available to all its customers by early 2016.


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