Broadband Briefs for 12/23/08
• Rogers discloses ownership succession
By Wireless Week Staff
Rogers Communications announced that the family of recently deceased founder Ted Rogers will retain control of the Canadian telecom giant.
The founders' shares account for more than 90 percent of all shares and will be controlled by the Rogers Control Trust, to benefit his family and an unspecified Canadian chartered bank.
The company also said it will release fourth-quarter 2008 preliminary subscriber results on Jan. 6, followed by fourth-quarter 2008 financial results and full-year 2009 guidance on Feb. 18.
• Verizon Telecom names marketing chief
By Brian Santo
Verizon will name Mike Ritter chief marketing officer for Verizon Telecom, the company's landline unit, according to The Wall Street Journal (story here).
Ritter, who hails from Verizon Wireless, will replace Marilyn O'Connell, who is retiring by the end of the year.
• Verizon expands high-speed Internet service in Ohio
By Traci Patterson
More consumers and businesses in 13 Ohio communities now have access to Verizon’s high-speed Internet service.
This year, Verizon installed high-speed Internet equipment, based on DSL technology, at the company's communications facilities in Englewood, Georgetown, Liberty, Oxford, Portsmouth, Sciotoville, Tipp City, Trotwood, Troy, Waverly, West Milton, West Union and Wheelersburg.
Verizon's entry-level service offers speeds of up to1 Mbps downstream and 384 Kbps upstream. Consumers can order the new entry-level service for $9.99 per month for the first six months with a one-year contract; monthly pricing for the remainder of the annual plan will be $25.99 per month. Verizon's up-to-3 Mbps/768 Kbps service is $19.99 for the first six months as part of an annual plan, with the following six-month pricing of $33.99 per month.
• Qwest slashes Internet prices across the board
By Traci Patterson
Qwest has made across-the-board price cuts to its residential Internet services. The provider’s 1.5 Mbps service, Connect Silver with Windows Live, has been reduced from $29.99 per month to $14.99 per month. And Qwest Connect Platinum with Windows Live, with speeds of up to 7 Mbps, has been reduced from $36.99 per month to $24.99 per month.
The operator’s Connect Titanium with Windows Live, with speeds of up to 12 Mbps, is now $46.99 per month, with a “Price for Life Guarantee.”
And Qwest’s 20 Mbps service (its fastest), Connect Quantum, has been reduced from $99.99 per month to $59.99 per month.
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