Speaking at the Citi 2015 Global Internet, Media & Telecommunications Conference in Las Vegas, Verizon CEO Lowell McAdam announced that his company plans to launch an Internet pay TV service during the second half of this year. The “mobile-first” OTT service, separate from Verizon’s current FiOS TV, is expected to initially roll out with 20-30 channels, and target younger consumers who are not interested in paying for cable (similar to Dish Network’s planned Sling TV service announced at CES). According to Variety, McAdam also denied a recent report that his company is considering an AOL acquisition, although he suggested there is a potential to partner.