Streaming sports service DAZN is partnering with Limelight Networks in an effort to provide “broadcast-like” quality to its live game streaming. DAZN officials said they turned to Limelight when projections showed the service would run out of the server capacity needed to broadcast soccer games under its contract with Japan’s J. League. The company is […]
Viacom to Acquire AwesomenessTV
Viacom on Friday announced plans to acquire youth-focused media company AwesomenessTV. The deal, however, was reported to be significantly below prior valuations attached to Awesomeness. Awesomeness, which began as a YouTube channel and expanded into additional channels and original programming distribution, was acquired by DreamWorks Animation — a subsidiary of Comcast’s NBCUniversal — in 2013 […]
One Year in, Comcast ‘Encouraged’ by Xfinity Mobile Performance
Comcast officials said the cable giant is pleased with the results from its Xfinity Mobile wireless segment more than 13 months after its debut. The company reported adding 204,000 net wireless connections in the second quarter of the year and said about 781,000 connections were enrolled in the service at the end of June. Although […]
AT&T Reports Adding Postpaid Phones in Mixed Second-Quarter Results
AT&T added 73,000 net postpaid wireless customers in the second quarter as the telecom giant reported mixed results following its acquisition of Time Warner. The number of postpaid connections was below the 125,000 forecasted by Wells Fargo analysts, but the total included 46,000 net added postpaid phones. Wells Fargo had instead projected a loss of […]
Verizon Reports 531,000 Net Postpaid Additions, 0.97% Churn for Q2
Verizon reported adding 531,000 net postpaid accounts in better-than-expected financial results for the second quarter of the year. The overall postpaid numbers included 398,000 net smartphones added, company officials said, while the number of added phones totaled a net of 199,000, according to a note from Wells Fargo analysts. Wall Street analysts, the note added, […]
Crown Castle Site Rentals, Earnings Narrowly Exceed Expectations
Cellular tower giant Crown Castle raised its financial outlook for the year after reporting second-quarter results that edged analysts’ projections. The company reported nearly $1.17 billion in revenue from site rentals, as well as adjusted earnings of $769 million. Wall Street forecasters had anticipated $1.16 billion in rental revenues and $765 million in earnings, according […]
Ericsson Reports First Quarterly Profit Since 2016
Ericsson on Wednesday reported its first quarterly operating profit since the fall of 2016 as its results beat analysts’ expectations for the April through June reporting period. The Swedish telecom equipment giant, which slashed thousands of jobs and overhauled its management team during a prolonged downturn in the segment, disclosed a second-quarter operating margin of […]
C Spire Rolls Out Fixed Wireless Internet
Mississippi-based wireless carrier C Spire introduced fixed wireless service that it said provides “5G internet” at speeds of 120 Mbps to select markets. The company said customers with a “dinner plate-sized” antenna attached to the roof of their home or business could receive high-speed internet over the air from C Spire’s fiber network and base […]
FCC Presses Dish About Spectrum Build Deadlines
Federal Communications Commission officials this week asked Dish Network to provide more details about deploying some of its spectrum assets after the satellite TV operator missed interim deadlines. In a letter to Dish attorney Jeffrey Blum, Donald Stockdale, chief of the commission’s Wireless Telecommunications Bureau, requested updates about 53 MHz of low- and mid-band spectrum […]
T-Mobile, CBS Complete New York 600 MHz Repack Ahead of Schedule
T-Mobile and CBS Television Stations on Monday announced the completed repack of New York-based WLNY-TV as the wireless carrier rolls out service on its 600 MHz spectrum holdings. The carrier said the “accelerated repack” of WLNY-TV’s spectrum would help debut 600 MHz LTE service on Long Island, including portions of Brooklyn and Queens, early next […]