Chambers, who has served as CEO since January 1995, will continue to serve as board chairman. Cisco said that he has grown the business from $1.2 billion in annual revenue when he took on the CEO role to $48 billion in revenue in 2014.
Several organizations from the telco sector have petitioned the FCC for a stay on its Open Internet Order, which reclassifies broadband as a communications service subject to Title II regulation.
Time Warner Cable turned in one of its most impressive quarters in terms of subscriber metrics in a very long time, as the rumor mill spun crazily about the company’s options now that Comcast has given up its takeover attempt.
Over the next three years Suddenlink will introduce a new non-symmetrical high-speed internet service to its customers in St. Joseph, Missouri. The two low tiers of service of 15 and 30 Mbps will be upgraded to 50 Mbps. Customers that have internet at 50 Mbps will be upgraded to 75 Mbps.
Charter recorded an $81 million net loss, which the company attributed to expenses tied to Comcast’s Time Warner Cable buyout transaction. The company said it incurred $86 million in interest expense related to financing the Comcast transaction and $13 million in related costs.
Comverse has agreed to sell the assets of its business support systems (BSS) unit to Amdocs for approximately $272 million in cash. Comverse retains its digital services business, which caters mostly to wireless carriers.
The Total Audience Application tool provides access to Cablevision’s census-level audience data. The tool allows a user to shape an ad campaign around an audience’s needs in real-time.
Arris’ CPE segment retained its momentum in cable-related products in the quarter. Larry Robinson, president of CPE, noted Arris will continue to be affected by the pending AT&T and DirecTV transaction. Arris CPE sales were down due to a decrease in demand by its telecom customers for standalone HD digital set-tops boxes.
Sprint announced an agreement with Boingo Wireless that will give Sprint customers access to Boingo’s Passpoint Wi-Fi networks in 35 U.S. airports. Sprint phones should automatically connect and authenticate on Boingo’s Wi-Fi when in range.
AT&T has significantly expanded the availability of AT&T Business Fiber to businesses from roughly two dozen markets to more than 180 U.S. cities.
The FCC has significantly increased the funding for the Connect America Fund (CAF) to $1.675 billion, all going to “price cap carriers” – all telephone companies. The fund disburses money to broadband providers to encourage them to extend service to consumers in unserved and underserved areas.
Virgin Media said it will be expanding its use of dynamic ad insertion in VOD, and expects to eventually bring its DAI platform to bear on linear content for ad replacement as well.
Bright House, TWC, Comcast, AT&T, and Verizon are offering free calls made directly to Nepal. The 2015 Nepal earthquake occurred on April 25th and was measured at 7.8.
Cable telecom professionals will be asked questions in six categories related to IP, which includes routing, network theory, cable modem termination system (CMTS) DOCSIS, IP, configuration, and multimedia over IP.
CenturyLink has been approved by a Minneapolis City Council panel to begin providing pay TV service. CenturyLink has agreed to extend the service to at least 15 percent of the city within two years.