Apple’s stock gained back much of the 12 percent loss it suffered in the previous weeks’ nose dive after the company reported Tuesday $39.2 billion in revenue and sales of 35.1 million iPhones in its fiscal second quarter. Prior to the company’s earnings announcement, shares of Apple were trading at $560, but they rose more […]
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Wireless standards groups agree on home networking goals
Several standards organizations – all largely associated with telephone carriers – said they will work together to assure connectivity in home networks. The Broadband Forum, DECT Forum, Home Gateway Initiative (HGI), Open IPTV Forum, Open Mobile Alliance and Small Cell Forum recently held a workshop to investigate shared issues and opportunities to enhance support of […]
U-verse TV adds 200K subs in Q1
AT&T attracted a net of 200,000 U-verse TV subscribers, reaching a total of 4 million in service at the end of its first quarter. The company added 718,000 U-verse high-speed Internet subscribers to reach a total of 5.9 million. Combining U-verse high-speed data and DSL results, AT&T added 103,000 wireline broadband connections. In other words, […]
Time Warner Cable boosts data speeds across New England, adds D3
Time Warner Cable has ramped up the data speeds for residential subscribers across Maine, New Hampshire and Massachusetts, and it added DOCSIS 3.0-based tiers. The top downstream speed for Turbo Internet increased from 15 Mbps to 20 Mbps and from 1 Mbps to 2 Mbps on the upstream. Standard Internet downstream speeds increased from 8 […]
Midcontinent connects with Synacor on TV Everywhere
Midcontinent Communications has signed on with Synacor to help provision its TV Everywhere services, which include HBO Go and Max Go, to its subscribers. With the agreement, Midcontinent customers who subscribe to HBO and/or Cinemax now have unlimited access to the corresponding new online services at any time, on any computer in the U.S. with […]
AT&T adds 4.3M iPhones, outpacing Verizon
AT&T posted strong results today as its iPhone activations outpaced those of competitor Verizon Wireless during the first three months of the year. The operator activated 4.3 million iPhones, compared to the 3.2 million sold by Verizon. In all, AT&T sold 5.5 million smartphones. “Strong smartphone sales drive data sales, and data drives this business,” […]
ST-Ericsson to cut 1,700 jobs in restructuring
Chip maker ST-Ericsson said Monday it is selling off its application processor business to one of its parent companies and laying off about one-fourth of its staff as part of a major restructuring. The company, a 50/50 joint venture between Ericsson and STMicroelectronics, has yet to make a profit since its formation in 2009. “The […]
CTIA backs CISPA amid privacy concerns
CTIA is throwing its support behind a controversial cybersecurity bill set for a House vote this week. The association said the Cyber Information Sharing and Protection Act, or CISPA, is needed to improve the security of wireless networks by allowing operators to voluntarily share information with the government without fear of legal reprisal. The legislation […]
Vodafone buys Cable & Wireless for $1.7B
Vodafone has agreed to purchase Cable & Wireless Worldwide (CWW) for $1.7 billion. Vodafone said the acquisition will strengthen its enterprise business of Vodafone Group, while also providing network and other cost-saving opportunities for the company. John Barton, chairman of CWW, said that CWW had originally outlined a strategy to refocus its business on achieving […]
Bright House locks up home automation deployments in Fla.
Bright House Networks has hit the ground running in Florida with a feature-rich home automation and security system. The service, which is called Bright House Networks Home Security & Automation, launched in mid-March in Hillsborough County and is now being deployed in Pinellas County, both of which are in the Tampa Bay area. Bright House […]