Verizon denies it plans to open new app store
Reuters
Published Aug 20, 2014 04:49PM ET
Verizon denies it plans to open new app store
By Marina Lopes WASHINGTON (Reuters) - Verizon Communications Inc denied a report on Wednesday it was in talks with carriers and hardware manufacturers to open a new mobile software store.
"We have no plans to do that," Verizon spokeswoman Debra Lewis said. "Been there. Done that," she added, referring to Verizon's Apps, a mobile software store the company shut down last year.
Lewis spoke after The Information, an industry website, reported that Verizon was leading discussions to launch an industry coalition to create a mobile app store.
Currently, Google Inc gives its distribution partners, including carriers and device manufacturers, 30 percent of revenue from applications sold in its stores. Apple Inc operates differently, offering no share of revenue from the apps sold in its stores.
In 2013, customers spent a record $10 billion on Apple's App store. Google does not release revenue figures for its store.
(Additional reporting by Edwin Chan in Los Angeles. Editing by Andre Grenon and Tom Brown)
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