LodgeNet, which provides Internet and on-demand movies to hotels and hospital rooms, is filing for Chapter 11 bankruptcy protection and will be acquired by investment firm Colony Capital. LodgeNet says it will form a strategic partnership with DirecTV.
Berkshire Partners announced it was brokering a deal, which is valued at $2 billion, that will merge Lightower Fiber Networks and Sidera Networks once it’s completed. Sidera was formerly RCN Metro Optical Networks until Abry Partners spun it off from RCN.
CTIA announced plans to merge its spring and fall shows, creating what the association is referring to as a “super” mobile industry trade show. It overlaps with the Annual Convention of the Competitive Cellular Association (CCA), formerly the Rural Cellular Assocation (RCA).
Mobile services company Synchronoss Technologies recently bought NewBay from Research In Motion for $55.5 million to expand its cloud-based services. NewBay's cloud-based services allow customers to store, share and deliver content through smartphones, tablets and other electronic devices.
The Federal Communications Commission has adopted rules that will serve to help airlines more expeditiously roll out in-flight broadband. The rules streamline the process for airlines applying for a license to offer Internet service onboard during flights.
Colorado employees donated more than $400,00 through Comcast’s annual United Way Employee Giving program. Nationally, Comcast raised a record $6.7 million-plus in this year’s employee campaign to support local United Way agencies that provide a variety of critical services and support for communities.
The Data Cap Integrity Act, introduced by Sen. Ron Wyden (D-Ore.), aims to give consumers the tools they need to manage their own data usage. It would institute industry-wide data measurement accuracy standards for ISPs and impose disciplines to ensure that ISP data caps are truly designed to manage network congestion.
One set secures wider distribution rights, expanding the amount of programming Mediacom can make available through its TV Everywhere service. Another set of agreements expands the amount of Spanish-language content the MSO can offer, and a third set consisted of retransmission consent renewals.
Cogeco Cable will greatly expand its number of data centers and its cloud computing capability with an offer to buy Peer 1 Network Enterprises. At a bid price of $3.85 a share, the deal for Peer 1 will end up being worth about $526 million.
Suddenlink Communications announced that its data service has hit the high water mark of 1 million broadband subscribers. Suddenlink hit the 1 million subscriber milestone shortly after the conclusion of the company’s Project Imagine initiative.
For the second straight quarter, Cisco edged out Motorola as the top cable set-top box market share leader. Infonetics Research said in a recent report that worldwide set-top box revenue was essentially flat in the third quarter of this year, totaling $3.7 billion.
Cablevision has added anime Funimation Channel to its subscription VOD roster. Olympusat’s channel offers anime titles from Japan that are dubbed with English. With the addition of Cablevision, Funimation Channel is now available to a total of 40 million subscribers.
Oracle said that buying Eloqua will bolster its "cloud" technology for helping companies make decisions on their marketing, sales and customer support. Cloud computing refers to the concept of making software available for anyone with an Internet-connected device.
Cablevision has rolled out TV Everywhere apps from Showtime and ESPN that allow its authenticated subscribers to view video content via the WatchESPN and Showtime Anytime services. Optimum TV subscribers now have live access to ESPN networks on computers, on mobile devices or on the Xbox.
Mediacom Communications has signed a multi-year affiliation agreement that gives the nation’s eighth-largest cable operator access to all of NBCUniversal's cable and broadcast content. The agreement covered the expansive rights to carry Olympic Games.