Cox Communications announced that it has named John Wolfe as senior vice president and Southwest region manager, which is Cox’s largest region in the nation and includes Las Vegas, Phoenix and Tucson metropolitan areas. Wolfe, who has logged nearly 30 years in the cable industry, came over to the Southwest from Cox's Northeast region, where he served as the senior vice president and region manager.
Chinese e-commerce powerhouse Alibaba will say "open sesame" to the New York Stock Exchange on Friday, as its shares begin trading in a highly anticipated debut that could raise up to $25 billion. The company priced its initial public offering of stock Thursday evening at $68 per share, the top end of the expected price range, according to Alibaba.
Oracle co-founder Larry Ellison is stepping aside as CEO after 37 years at the helm of the business software maker, ending a colorful reign marked by his flamboyant behavior and outlandish wealth amassed while building one of the world's best-known technology companies. With the changing of the guard announced Thursday, Ellison will be handing over his job to his two top lieutenants, Safra Catz and Mark Hurd, who become co-CEOs.
After substantially completing its nationwide LTE buildout on 700 MHz, Verizon began supplementing that with an AWS LTE deployment. The carrier is promising XLTE will deliver double the LTE bandwidth and faster peak speeds. T-Mobile has also been working on improving capacity.
Other companies including Google Inc. and Facebook Inc. also have tried to preserve control for their founders, often by awarding them a different class of stock with more voting rights. But research suggests such arrangements enrich insiders at the expense of other shareholder.
This morning AT&T announced it would offer businesses a new data tier with symmetrical speeds of up to 300 Mbps initially with future plans to hit 1 Gigabit. With its AT&T Business Fiber offering, AT&T is mirroring the rollout of its residential GigaPower service that launched in Austin late last year with speeds of 300 Mbps before transitioning to 1-Gig this summer.
Faced with dwindling attendance over the past few years and the continued evolution of Internet technologies, the National Cable & Telecommunications Association (NCTA) has pulled the plug on The Cable Show in favor of rebranding it as INTX. INTX, which stands for the Internet and Television Expo, will still be held on The Cable Show’s original schedule of May 5-7 next year in Chicago, but with more of an Internet focus.
The media conglomerate controlled by Rupert Murdoch is joining the fray in Google's protracted European antitrust case, saying the technology company unfairly distorts competition. Robert Thomson, CEO of New York-based News Corp., says in a letter to the EU's antitrust authority that Google is "willing to exploit its dominant market position to stifle competition."
The Senate Commerce Committee has passed STAVRA, reauthorizing satellite TV broadcast of distant signals. One of the few non-satellite provision retained prevents local TV stations from colluding when negotiating retransmission consent contracts with cable operators.
It is commonly held that the authentication process is so cumbersome for TV Everywhere that it is retarding the growth of TVE services. TDG says that’s simply not true. Only 7 percent of TVE users view the process of authentication negatively, with less than 1 percent ranking the process as "very difficult."
AT&T Network on Demandenables business customers to order, add, or change business services on their own in near real time. The services available will include Internet access, VPNs, and Ethernet. AT&T will offer the service commercially in Austin by the end of this year.
Atlantic Broadband has seemingly beaten AT&T to the punch by launching a symmetrical 1-Gigabit service in the Miami area. Atlantic Broadband’s 1-Gigabit service took flight this summer in ultra-wealthy Indian Creek Village, which is located in Miami-Dade County.
Time Warner Cable has turned up more than 300 Wi-Fi hotspots in the San Diego area for a total of 17,000 access points in Southern California. The nation’s second-largest cable operator, which is in the process of being acquired by Comcast, plans to add hundreds of additional TWC WiFi hotspots in San Diego this year.
Mediacom Communications, the eighth-largest cable operator in the nation, has promoted Joseph Commisso group vice president, corporate finance. Commisso reports to Mark Stephan, who is the MSO’s executive vice president, chief financial officer and treasurer.
France's Orange has offered 3.4 billion euros ($4.4 billion) to buy the operations of Spanish telecommunications company Jazztel. The deal would make Orange/Jazztel the second largest fixed-line broadband Internet operator in Spain, after market leader Telefonica SA.