Livestation have released a streaming application for iPhone. The software enables live TV broadcasting on the iPhone. The application uses Akamai Media Delivery and generates revenue for the broadcasters through the purchase price for $2.99 from the App Store.
Livestation currently offers BBC World News, Bloomberg, ITN and Aljazeera. The streaming quality is very high as it is 96 Kbps over 3G and 300kps over WiFi.
The iPhone application is available at Apple’s App Store for $2.99