European telecom giant Altice NV is reportedly weighing an offer to buy U.S. cable company Charter Communications in a bid to expand its stateside reach. According to Reuters, Altice would pay a steep price, as Charter is currently worth more than $180 billion with its debt taken into account. The report comes on the heels […]
Bucking Trend, Dunne Says Verizon Not Focused on Bundling for Future Fixed 5G Product
Bucking the recent trend of operators raving about the wonders of bundling, Verizon’s Wireless head Ronan Dunne contends that strategy has little value in a market with high penetration rates across services. Speaking at an investor conference on Wednesday, Dunne says Verizon is forging ahead with development of its 5G fixed wireless broadband product, but […]
Hulu Losses Pile Up Amid Content Arms Race
Losses for Hulu have more than quadrupled from the first half of 2015 to the first half of this year as the streaming service burns through cash in an attempt to keep up in an original content arms race. According to figures posted by BTIG Analyst Richard Greenfield, Hulu lost $353 million in the first half of […]
AT&T’s Stankey: We’re Not Selling CNN
AT&T’s new entertainment head John Stankey says the operator isn’t planning to sell news network CNN in the wake of its Time Warner merger. In an interview with The Hollywood Reporter published Monday, Stankey attempted to clear up rumors claiming AT&T is looking to offload CNN and entertainment outlet TMZ after its $85 billion acquisition […]
U.S. Cellular Posts First Positive Handset Net Adds in a Year but Revenue Slides
U.S. Cellular posted positive handset net additions for the first time in more than a year, but that gain came at the expense of revenue, which fell 3 percent in the second quarter. The carrier this week reported net handset additions of 19,000, marking an improvement from handset losses of 28,000 in the first quarter […]
AT&T Hires Lesser to Head New Video Ad and Analytics Business
AT&T has tapped former GroupM North America CEO Brian Lesser to help it build a new advertising and analytics business in the wake of its merger with content giant Time Warner. In a Friday announcement, AT&T says Lesser will serve as CEO for the new division, where he will be responsible for building and leading […]
Comcast Debuts New xFi Controls for Home WiFi
Comcast this week rolled out new controls for its xFi home WiFi service, offering new network management options including Timed Pause, search restrictions, and a notification center. According to Comcast, a new “Timed Pause” feature will allow customers to easily pause access to the home WiFi network for a set amount of time. The feature […]
Comcast Debuts New xFi Controls for Home WiFi
Comcast this week rolled out new controls for its xFi home WiFi service, offering new network management options including Timed Pause, search restrictions, and a notification center. According to Comcast, a new “Timed Pause” feature will allow customers to easily pause access to the home WiFi network for a set amount of time. The feature […]
Frontier CEO: We Have All the Fiber We Need For Now
Fiber acquisition news has been flooding the headlines as operators look to prepare for 5G, but at least one company isn’t looking to join the fray. At least not yet. Speaking during an earnings call earlier this week, Frontier CEO Dan McCarthy said his company is currently content with its fiber holdings and has a […]
Sierra Wireless Merging with Numerex to Boost Recurring IoT Revenue
Sierra Wireless, an Internet of Things company, is set to merge with M2M enterprise solutions provider Numerex in a move meant to boost the former’s recurring revenue from subscription-based services. The $107 million deal will see Numerex shareholders receive 0.18 common shares of Sierra Wireless stock for each share of Numerex common stock. As part […]