Edward Craig watched TV on his SmartPhone:

I am riding a New York City bus watching a live baseball game on a Palm Treo “smartphone.” Given the device’s small screen, I am not exactly in couch-potato heaven — it is difficult to make out balls and strikes. Still, there is something novel and thrilling about taking in TV on a cellphone. (LINK)

However, the user should buy a device attached to it for him to watch the show of a local network:

Before taking advantage of the latest Sling Media software, you have to get the Slingbox hardware up and running. You connect the Slingbox to your Internet router and hook up the necessary cables to your home TV or other gear. (I bypassed the TV altogether and connected Slingbox directly to my cable feed.) For $99, Sling Media sells a networking kit to transmit Internet signals throughout your home’s wall plug sockets, useful if your router is far from the TV.

I wonder if there are TV-Phones available now.

• Sign up for PayPal and start accepting credit card payments instantly.
  As the world's number one online payment service, PayPal is the fastest way to open your doors to over 150 million member accounts worldwide.
• Promote your product to high quality, targeted websites and blogs.
  Find effective, influential blogs and highly targeted audiences to advertise.Choose to display your ad across entire blog networks to maximize your exposure to a wide audience.