Verizon Wireless said that it will sell 39 lower 700 MHz B-block licenses to AT&T in exchange for a payment of $1.9 billion and the transfer by AT&T to Verizon Wireless of AWS (10 MHz) licenses in certain western markets, including Los Angeles, Phoenix, Fresno, Calif., and Portland, Ore.
Miranda Technologies said it has acquired Softel, a provider of captioning, subtitling, audio and video description, interactivity, and other video technologies. The value of the deal was not disclosed. Miranda was purchased by Belden last year.
Belkin, a maker of smartphone cases and computing accessories, said that it is buying the home networking business unit of Cisco, including the Linksys router brand. Privately held Belkin did not disclose the purchase price, nor did Cisco Systems. The deal is expected to close in March.
Alain Charlebois has taken over the role of vice president of human resources and service excellence after Normand Vachon retired from the position after eight years. Charlebois was previously senior manager of human resources, corporate development and training at Videotron.
A doubling of profits from Samsung's Galaxy line of smartphones boosted the company's overall fourth quarter profits by nearly 76 percent over the previous quarter. Samsung recorded net profits for the fourth quarter of $6.6 billion, a 76 percent surge from $3.72 billion during the same period last year.
Comcast has signed on with Lancope to give it deeper insight into data center issues and to block network attacks. Comcast is using Lancope’s StealthWatch System to perform traffic analysis on its backbone, enable DDoS detection at its service delivery layer, and troubleshoot at its data center and enterprise layers.
Cable One has added more TV Everywhere content via an expanded agreement with Synacor, and it also announced a new 30-day money-back satisfaction guarantee program. Cable One signed on early last year with Synacor for its first crack at TV Everywhere services and a new customer Web portal.
DTS and RGB Networks said they will integrate the former’s audio solutions into the latter’s multi-screen IP video delivery products. The result is a product that video distributors can use to control program and advertising sound levels in conformance with the CALM Act.
Inmarsat will use VoIP equipment from Metaswitch to provide the telephony element of its Global Xpress worldwide communication service. Metaswitch is supplying Inmarsat with its Universal Media Gateways, MetaSphere server, MetaView system and Perimeta session border controllers.
Demonstrating that you’re never too small to target the enterprise market, Hargray Communications said it intends to purchase iTech, a managed services company. Hargray has operations in South Carolina and in Georgia, and iTech is headquartered in Savannah, Ga.
In it's third-quarter State of the Internet report, Akamai Technologies found that more people are connecting to the Web via mobile phones, and they're surfing on those devices at significantly faster speeds overall. The report is based on data collected by Ericsson.
Investors weren't impressed with what Apple had to say in its fiscal first-quarter earnings call. Shares fell more than 10 percent to $460 in aftermarket trading on lowball guidance and a rare dip in quarterly profits, as well as diminishing margins.
In Netflix's bid for a flagship original drama of its own – a "Sopranos" to its HBO – the subscription streaming service is presenting a high-class adaptation of a British political thriller offered up all at once, with its first season immediately ready for TV-viewing gluttony.
Time Warner Cable has reorganized, migrating from the traditional MSO structure based on the geographic location of its constituent networks in favor of a structure based on its three main business categories: Residential Services, Business Services and Media Services.
Time Warner Cable has won a contract to carry Los Angeles Dodgers games for at least the next two decades starting in 2014, snatching the games away from Fox Sports after this year's baseball season ends, according to a person familiar with the matter.