The second quarter proved to be a milestone of sorts for the top cable operators across the nation. For the first time, the number of broadband subscribers exceeded the number of video subscribers among the largest cable operators in the nation, according to a report by Leichtman Research Group.
Billionaire Warren Buffett's company has revealed a new stake in Charter Communications Inc. and made several other tweaks to its $108 billion U.S. stock portfolio. Berkshire said it owned 2.3 million shares of cable television provider Charter, which is based in Stamford, Connecticut, at the end of June.
And then there were two. Just prior to Thursday's launch of the SEC Network, Mediacom Communications announced it had reached a carriage agreement with ESPN, which left Cablevision and Verizon FiOS as the remaining large service providers without SEC Network deals. With the deal, Mediacom subscribers, which include viewers in seven SEC states, joined more than 90 million homes across the nation that have access to the SEC Network.
Adtran has introduced a variation of DSL technology that the company says will enable VDSL2 and G.fast to coexist, which would enable DSL carriers to deploy G.fast on a node by node basis, rather than having to upgrade entire markets from VDSL2 to G.fast.
Following up on its goal of having its GigaPower offering up and running in Dallas this summer, AT&T announced this morning that the service went live in Dallas, Forth Worth and surrounding cities. In the Dallas area, AT&T is currently offering the 1-Gig service to small businesses and residential subscribers in Highland Park and University Park.
With the SEC Network set to make its debut later today, RCN announced this morning that it would be carrying the college sports action via a multi-year distribution agreement between the NCTC and the Walt Disney Company. As of this morning, Cablevision, Verizon FiOS and Mediacom Communications hadn’t struck deals with ESPN to carry the SEC Network.
Led by former Charter Communications executive Ted Schremp, SmartHome Ventures has tossed its hat into the home automation arena. SmartHome Ventures, which was founded last year, is seeking to standout from the rest of the crowded home automation field by offering a low-cost platform that customers can purchase in retail outlets prior to doing self-installs.
Time Warner Cable and Bright House Networks can now offer up more TV Everywhere video content from NBCUniversal’s broadcast and cable networks to their subscribers. Time Warner Cable and Bright House authenticated subscribers now have access to live and on demand content from NBCUniversal’s suite of cable networks including USA Network, Syfy, Telemundo, Bravo, Oxygen, CNBC, MSNBC, NBC Sports Network, and Golf Channel.
Cisco said Wednesday that it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a restructuring. The company, which makes routers, switches and software, said the layoffs will affect workers in operations around the world.
As part of a partnership with the National Center for Missing & Exploited Children (NCMEC), all of Time Warner Cable’s 18,000 cable technicians across its footprint can now receive AMBER alerts. Along with the new technology that allows them to receive the AMBER alerts, the techs will receive training on how to be on the look out during an alert and to contact law enforcement if they see an abducted child.
Comcast and NBCUniversal have hired 3,000 veterans since January of 2012 as part their ongoing partnership with the U.S. Chamber of Commerce Foundation’s “Hiring Our Heroes” initiative. NBCUniversal and Comcast’s goal was to hire 2,000 veterans through the program by 2015.
Conviva announced this morning that it had signed a deal with EchoStar Technologies to use its video optimization platform on Dish Network’s IP-based Dish Anywhere and DishWorld services. Dish Network will use Conviva’s Intelligent Control Platform to help ensure high-quality streaming delivery for Dish Anywhere and DishWorld.
Apple primarily relies on white and Asian men for its top-paying technology jobs, feeding the perception that Silicon Valley's economic boom is largely excluding women, blacks and Hispanics. A breakdown released Tuesday by Apple Inc. showed 54 percent of the company's technology jobs in the U.S. are filled by whites and another 23 percent by Asians.
Amazon today announced a new point of sale (POS) solution that will provide the company with an inroad to brick and mortar retailers. Called Amazon Local Register, the payment solution consists of a secure card reader and mobile app that will allow local businesses to accept credit and debit cards from a smartphone or tablet and keep track of their business.
Verizon Wireless expects to prosper with video. "Multicast is a few years out...that's the pivotal start to change the way content is delivered on the mobile handset," said CFO Fran Shammo, who noted that driving an ecosystem of devices that support the technology will be key to its adoption.