Denver, CO, 06/11/2014 (Stocksntrade) – Netflix, Inc (NASDAQ:NFLX) says that it will now discontinue blaming Verizon Communications Inc (NYSE:VZ) for the snail- paced streaming speeds & the other Internet providers, that potentially puts an end to the week long dispute that had ensued between the broadband companies & this streaming video service. The error messages had started showing up for some users as a segment of a trail that had been conducted in May. The messages told the subscribers that the buffering connections were due to the congestion on their specific ISP networks. This claim also led VZ to then shoot back with its “cease-and-desist” letter that demanded that these notices should be scrapped.
As per the company blog posting, NFLX will now be suspending these messages on 16 June. But, Joris Evers, a spokesperson denied that this decision had something to do with the complaint that had come from Verizon Communications Inc (NYSE:VZ). Evers said that they conduct tests of varying lengths and that it does not means that there will not be one more in the future. They might also decide to conduct multiple ones that run in tandem with each other, after this. Netflix will also examine results of this current test and check if the users have been calling customer service and at what frequency they are doing this.
In the monthly index ranking of the streaming speeds of different carriers, NFLX had noted that Verizon Communications Inc (NYSE:VZ)’s FiOS had slowed down significantly since April. It had fallen 2 places and had also ended up trailing Windstream and Frontier’s DSL Internet. The announcement by the company comes just 1 day before the deadline that has been set by Verizon in the “cease-and-desist” letter which demanded that VZ provide evidence about its claim that their ISP was responsible for the dip in streaming speeds.