iPhone is getting another application, this one called iLiveTV will allow users to connect to Live TV. iPhone has been getting update, the option to watch streaming video from sites like Hulu as well as multiple channels of live television over 3G and Wi-Fi networks, as well as on-demand streaming.

Another good feature of the live TV application, it offers the ability to pause live channels, or skip back thirty seconds at a time, and then return to the live feed.

iLiveTV for the iPhone
Get the new application via this link