AT&T may be looking to acquire an overseas carrier. The Journal cites "people familiar with the carrier's thinking" who said that AT&T is currently looking at a number of targets, and a deal could come before the end of the year.
Sprint announced it will be rolling out LTE soon in 28 more cities, including many spots along the Gulf Coast. Since Sprint introduced its LTE network in July, it has made the service available in 49 cities, with another 200 markets in the works.
In order to lure customers over from AT&T, Time Warner Cable has tuned up a tier in the Dallas/Fort Worth area that features 75 Mbps on the downstream. Time Warner Cable was slower out of the gates than most of the other major MSOs with its DOCSIS 3.0 deployments.
BCI, a new company formed by several former executives of Bresnan Communications, said it has purchased Allegiance Communications. No purchase price was provided. BCI and its venture partner said they expect this will be the first move in what they termed “an aggressive growth plan.”
In order to serve its entrepreneur and digital start-up customers in the Denver area, Galvanize had fast Internet speeds and security at the top of its priority list. To solve those needs, Comcast installed both an Ethernet Dedicated Internet (EDI) and Ethernet Private Line (EPL) connection.
Suddenlink has promoted Kevin Stephens to president of the company’s Commercial & Advertising Operations (CAO) organization, headquartered in Dallas. Two other Suddenlink executives were promoted to vice president: Brian May and Bradley Cooke.
Nokia Siemens Networks has successfully launched an LTE network for U.S. Cellular and its partner, King Street Wireless, in 11 markets, covering select cities in Illinois, Missouri, North Carolina, Oklahoma, Oregon, Tennessee, Virginia, Washington and West Virginia.
The DVD and games rental company has become the latest entertainment firm to go into a form of bankruptcy in Britain. Blockbuster in Britain is a subsidiary of U.S.-based Blockbuster, which itself was reorganized under American bankruptcy laws and then acquired by Dish Network.
Mobile payments are set to explode over the next few years, according to new research released from Forrester. According to the report, U.S. mobile payments will reach $90 billion by 2017, a 48 percent compound annual growth rate (CAGR) from the $12.8 billion spent in 2012.
In a stock deal with one of its main suppliers, Comcast has agreed to pay $150 million for a stake in Arris. Comcast will acquire 10.6 million shares in Arris, and the deal will be completed in concert with Arris’ $2.35 billion purchase of Google’s Motorola Home division.
Shaw Communications and Rogers Communications have signed a series of agreements that include the sale of Hamilton-based Mountain Cablevision and Shaw’s AWS wireless spectrum to Rogers. The agreements total $700 million and also include Shaw gaining Rogers’ one-third stake in TVtropolis.
Clearwire filed with the FCC an opposition to Crest Financial’s earlier petition to reconsider the Eagle River Holdings deal from 2012, which gave Sprint a controlling interest in Clearwire. The WiMAX provider states Crest's petition "provides no credible basis for the FCC to reverse its actions" and should be "promptly denied."
Cogeco Cable reported a 4 percent increase in revenue in its first quarter, though its profit of $42.2 million was down a bit from the $43 million logged in the similar period a year ago. The company said the dip in profit was associated primarily with the sale of Cabovisao.
Jinni, whose search engine helps users find video content intuitively, announced seven customer wins for the fourth quarter of last year, including Time Warner Cable and Vudu. Vudu’s streaming service is available through Wal-Mart. The Jinni service is powered by the Entertainment Genome.
Netflix has wrangled an agreement for rights to a set of shows from both Turner Broadcasting System and The Warner Bros. Television Group. It appeared that programmers were freezing out Netflix, even to the point of dealing instead with over-the-top (OTT) rivals such as Amazon.com.