Cisco announced plans to buy Israeli company Intucell for approximately $475 million in cash and retention-based incentives. Intucell provides self-optimizing network (SON) software to mobile carriers, and it allows them to plan, configure, manage, optimize and heal cellular networks automatically.
Videotron has named former Rogers Communications executive Sylvie Charette as its vice president of branding and interactive media. Videotron said Charette is responsible for promoting Videotron’s key brand differentiators. She will play a leading role in developing brand-positioning strategies.
The number of LTE subscribers is set to more than double in 2013, according to a forecast released from IHS iSuppli. According to the report, worldwide LTE subscribers will surpass 198.1 million in 2013, a 115 percent increase from the 92.3 million last year.
After piloting its home automation and security service last year in Arizona, and launching it in four additional markets in 2012, Cox’s Home Security service is now available to its customers in Virginia. Despite competition from entrenched providers, home automation and security services are becoming a big business for cable operators.
Verizon strengthened its position as the top dog of the wireless industry in its latest quarter by raking in new subscribers and selling millions of iPhones, but it also posted a record loss. The loss of $4.23 billion, or $1.48 per share, for the fourth quarter was mainly due to adjustments to the value of its pension funds and obligations.
AT&T announced that it has signed an agreement to buy Atlantic Tele-Network (ATNI) to acquire the company’s U.S. retail wireless operations, operated under the Alltel brand, for $780 million in cash. AT&T will acquire wireless properties, including licenses, network assets, retail stores and approximately 585,000 subscribers.
Dish Network says it plans to close about 300 Blockbuster stores across the country, losing about 3,000 employees. The closures will leave about 500 Blockbuster locations in the U.S. Dish Network last year also shuttered about 500 underperforming Blockbuster locations.
Consumers want to watch their videos anytime, anywhere and on any device, but content licensing issues are shackling those efforts, according to a recent study. Infonetics Research pinged pay-TV operators in regard to their multi-screen video services and delivering live and file-based content to subscribers across multiple devices.
Mediacom Communications has added 27 new Spanish-language channels in its Quad Cities service area along the Iowa/Illinois boundary. The 27 channels were from Canales Latinos and replaced Mediacom’s previous set of Spanish-language channels.
Spanish telecom Telefonica denied that it has anything to do with an undersea fiber-optic cable between Cuba and Venezuela, even as an analyst who monitors global data traffic noted an additional uptick in data speed to and from the island – suggesting the cable is in full operation.
Time Warner Cable is taking aim at winning back former customers through a new marketing campaign. The operator is targeting video customers that it has lost to the likes of Verizon and AT&T. The marketing campaign is called “The Better Guarantee” and is an extension of the cable operator’s “Enjoy Better” campaign.
Idaho landline phone companies contend a 13-year-old law forbidding them from cold-calling existing customers is crippling their ability to market high-speed Internet. The Idaho Cable Telecommunications Association, representing Cable One and Time Warner Cable, is meeting to discuss the phone companies' deregulation gambit.
Verizon Communications says it will create a financial services hub at its facility in Tulsa, Okla., adding 500 new jobs. Verizon already employs more than 900 people at its Tulsa facility. The company says the new jobs will be finance and accounting positions.
Chinese tech giant Huawei criticized U.S. claims the company might be a security risk as trade protectionism that harms consumers. The comments came as Huawei disclosed details of its 2012 performance in an effort to show transparency and allay security concerns.
In order to better connect its Hispanic customer base with its services, Cablevision announced that it has launched a new Web portal, Optimum.net en Español. The new Web portal knits together Cablevision’s Optimum services with full Spanish-language features.