The FCC kicked off its formal review of T-Mobile USA’s merger with MetroPCS on Friday when it accepted the companies’ application to transfer control of spectrum licenses. The deal will strengthen T-Mobile’s position as the country’s fourth-largest wireless operator, giving it access additional customers and more spectrum for its LTE network. “The addition of MetroPCS’ […]
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Report: IP edge routers help carriers with video, mobility, cloud
Carriers can overcome the triple threat of video, mobility and cloud-based services by making the transition to a more distributed, converged IP edge architecture that utilizes advanced IP edge routers, according to a recent white paper by Infonetics Research. “The Internet changed everything forever, and it certainly changed service provider networks,” said Michael Howard, Infonetics […]
Bahamas cable company plans Florida expansion
A cable and Internet provider in the Bahamas says it is planning to expand to the nearby U.S. state of Florida. Cable Bahamas says a $65 million deal would give the Nassau-based company access to millions of potential customers in Florida. The deal is subject to pending financing and regulatory approvals. It would involve the […]
Spectrum sale, increase in data subs drive Comcast’s Q3 results
The sale of spectrum to Verizon Wireless and a 10 percent gain in data subscribers contributed to Comcast more than doubling its third-quarter profit. In its third-quarter earnings report that was released this morning, Comcast’s net income was $2.11 billion, or 78 cents per share, from $908 million, or 33 cents per share, a year […]
@ TelcoTV: IPTV is about engaging consumers
For AT&T, the IPTV game right now is about engagement. Customers who interact with their TVs churn at a much lower rate. And 65 to 70 percent of its viewers use a mobile device while they are watching TV several times a week. “We’re watching churn and retention – churn is significantly lower with customers […]
Clearwire halves June LTE plans as growth falters
Clearwire has dramatically reduced the number of TD-LTE cell sites it plans to have on air by next summer amid declines in its wholesale business and listless retail growth. The operator will now install just 2,000 TD-LTE base stations by the end of June 2013, less than half of the 5,000 it previously planned to […]
Time Warner Cable names 3 AVPs for NYC service area
Time Warner Cable has firmed up its leadership team in the company’s New York City service area with the recent appointments of three area vice presidents. As new area vice presidents, Brien Kelley, Gregg Cory and Anthony Ontiveros report to John Quigley, regional vice president of operations for New York City. “I am very pleased […]
Ericsson’s Q3 weighed down by overseas sales slump
Ericsson’s third-quarter results took a hit as weak sales in Asia, the European financial crisis and its loss-making chip venture weighed down earnings. The Swedish infrastructure vendor saw sales slip 2 percent year-over-year to $8.12 billion, as declines in its key networks business offset gains in its services and support units. Operators in Europe reduced […]
Samsung’s Q3 continues rapid growth; cautions on Q4
Samsung’s third-quarter profit jumped 91 percent to $5.97 billion on strong sales of the company’s Galaxy smartphones, but the company cautioned that things could slow in the holiday quarter. The division that produces Samsung’s high-end smartphone devices accounted for almost 70 percent of operating profit for the quarter. Samsung did not release the exact number […]
Apple’s $8.2B profit disappoints Wall Street
Apple’s fiscal fourth-quarter financials couldn’t keep pace with Wall Street’s expectations. The company’s stock fell to just over $600 yesterday on sales of 14 million iPads and a net profit of $8.2 billion, or $8.67 per diluted share. Analysts had been expecting $8.3 billion in profits and sales of 15 million iPads. Revenue for the […]