Netflix has admitted that it is throttling streaming video for AT&T and Verizon customers, one week after T-Mobile's CEO accused the major wireless carriers of doing that. The video streaming service claims it has been slowing down video transmission worldwide for five years to prevent customers from going past their data caps.

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California-based Netflix explained that the company caps video streams for mobile device users at 600 kilobits per second. That prevents customers from paying charges for going past their data caps.

Netflix's streaming speed for the two major telecoms is slower than the top speed of wireless networks. However, viewing two hours of high definition (HD) video would eat up the data cap of Verizon's $80 monthly plan.

Netflix does not throttle video streaming for Sprint and T-Mobile customers. Netflix told The Wall Street Journal that their policies are more consumer-friendly as they throttle wireless speeds after clients go past data limits.

Netflix now has plans to shift more control of data transmission speeds to consumers. That includes a "data saver" feature the company plans to launch for mobile apps. It would let some subscribers increase or decrease their video quality based on whether they have a low or high capacity data plan, according to CNET.

The company shared in a blog post on March 24, Thursday that it wants to find a balance between providing good streaming and preventing fines from wireless providers.

Netflix supports net neutrality, which argues that all web traffic should receive equal treatment. It prevents broadband carriers from slowing down or blocking online services or applications its customers use, and Internet providers from preventing companies from charging extra fees for faster video streaming.

Last week T-Mobile CEO John Legere claimed that AT&T and Verizon were throttling video speeds, but the two wireless carriers denied that they were slowing down streaming rates.

In related news Netflix just launched the first trailer for the animated series Voltron: Legendary Defender, according to Cinema Blend. The team working on the TV series' reboot shares that they want to tell more high-stakes serialized stories in the new TV series. Plot points will build on past episodes, which will make the show more complex than the 1980s cartoon.

Here's the trailer for the Voltron TV series: