CenturyLink has retained advisors to review strategic options for the company’s consumer business, as the service provider remains focused on leveraging and expanding the reach of its fiber network for next-gen services, executives said Wednesday during the company’s first-quarter earnings call. CenturyLink had previously indicated it was open to potentially selling its consumer business, and […]
Investment Firms Taking Zayo Private in $14.3B Deal
Zayo is set to become a private company, announcing Wednesday that investment firms Digital Colony and EQT Infrastructure agreed to acquire the communications infrastructure provider in a deal valued at $14.3 billion. The deal, which includes the assumption of $5.9 billion of Zayo’s debt, is expected to close in the first half of 2020. Regulators […]
Sinclair to Buy Fox RSNs for $9.8B, ACA Raises Objections
Sinclair Broadcast Group on Friday announced it struck a deal with Walt Disney to acquire 21 Fox regional sports networks (RSNs) for $9.6 billion. The RSNs are valued at $10.6 billion, when including minority equity interests. Disney agreed to divest the networks in order to get the greenlight from regulators for its $71 billion acquisition […]
Comcast Acquires Deep Blue Communications, Expands Business WiFi Reach
Comcast Business has acquired managed WiFi provider Deep Blue Communications, bolstering the cable operator’s reach in the commercial WiFi arena with managed services. Terms of the deal were not disclosed. Latham, N.Y.-based Deep Blue provides managed WiFi services for commercial clients, including major hotel brands such as Hilton, Marriot, Wyndham Worldwide Hotel Group, Hyatt, and […]
Altice USA to Bolster News Unit with $200M Cheddar Acquisition
Altice USA is expanding its news unit with the acquisition of digital-first news company Cheddar. Altice is paying $200 million for the Cheddar networks, which include business and finance-focused Cheddar Business network, and general news network Cheddar News. Cheddar programming is geared toward millennial audiences and the networks are available in about 40 million pay […]
Charter Reports Strong Broadband Growth, Video Sub Declines
Charter Communications reported strong subscriber metrics for its broadband business in the first quarter, as video subscribers continued to drop off. “With the most customer-impacting elements of our integration behind us, we are now focused on growing our business. We are doing that by driving high quality subscriptions, reducing transactions and churn, and maintaining and […]
Armstrong Latest to Use TiVo’s Next-Gen IPTV Platform
TiVo announced Monday that Armstrong is the latest service provider that will use TiVo’ Next-Gen Platform in its transition to IPTV. Armstrong will be deploying TiVo’s cloud-based IPTV offerings including IPVOD, IP linear, restart, catch-up and network DVR across a variety of clients, within in the operator’s service footprint. Armstrong operates in areas across […]
Viacom Networks Launching on fuboTV
Popular Viacom networks are coming to fuboTV’s streaming TV service starting next Tuesday. Viacom channels that will be offered as part of fuboTV’s base package include BET, CMT, Comedy Central, MTV, Nickelodeon, Nick Jr., Paramount Network, TV Land and VHI. Subscribers of fuboTV’s premier ‘fubo Extra’ package will have access to additional Viacom channels, including […]
Comcast’s Broadband Subscriber Base Continues to Grow, as Video Shrinks
Comcast continued to lose pay TV subscribers in the first quarter, but cable revenues increased as the operator’s broadband base keeps expanding. Comcast lost 121,000 video customers in the period, with its pay TV base shrinking at rate of 1.8 percent compared to about 4 percent for the industry overall, according to MoffettNathanson analyst Craig […]