Verizon is going to launch its own app store in an effort to compete with the Google Play Store on Android devices, claims a report from The Information. The new store will be available globally and is the result of a partnership with other carriers and hardware makers, says the report. In 2010, Verizon Wireless launched a similar app store for Android and BlackBerry smartphones in the US, but it shuttered it in January 2013. The Information says the discussions for a new app store are still in an early stage, and there is not a concrete date for when it would launch. The Information claims that this new effort is a response to recent cutbacks from Google in revenue sharing with carriers and hardware makers for apps sold through the Google Play Store.
(UPDATE: Verizon has refuted the report.)