The slightly delayed AT&T (NYSE: T) mobile TV service, in partnership with Qualcomm’s (NSDQ: QCOM) MediaFlo, will be launching next month on Feb 5, reports RCR, citing sources. The story says that the service will launch with two exclusive channels, in addition to the eight channels on rival Verizon Wireless (NYSE: VZ) subscribers (which launched its MediaFlo service in March 2007). The eight channels on VZW are CBS (NYSE: CBS) Mobile, Comedy Central, ESPN (NYSE: DIS) Mobile TV, Fox Mobile, MTV, NBC News 2Go, NBC 2Go and Nickelodeon. The service will launch with an initial handset from LG (SEO: 066570) Electronics: LG’s Vu, or CU920…Pricing for the device is expected to be in the $200 to $250 range.

AT&T’s video service was supposed to launch by year end last year, but got delayed…it said then that the service would launch in early 2008.

We reported over the weekend on MediaFlo’s investment numbers for Qualcomm.