Networking vendor Juniper Networks announced on Monday that CEO Shaygan Kheradpir resigned from the company after less than a year at the helm. Juniper Networks said that Kheradpir, who was also on the board of directors, resigned following “a review by the board of directors of his leadership and his conduct in connection with a particular negotiation with a customer."
AT&T's LTE network will apparently not be taking flight, but things are looking up at GoGo. Runway Girl Network reported Monday that AT&T is abandoning plans that it announced back in April to bring in-flight LTE network service to airlines in 2015.
The biggest companies have little interest in providing gigabit residential service, and Google is being extremely choosy and extremely slow about installing Google Fiber. That's opening opportunities to install fiber for companies like Pinnacle Communications, Ritter Communications and Arkwest, all in Arkansas.
Spurred on by recent standardization efforts, carrier Wi-Fi revenues in the United States are projected to reach nearly $8 billion by 2019, according to a recent report. The report by ABI Research also said that Cisco and Ruckus Wireless were the early carrier Wi-Fi equipment vendor leaders while other main market players include Alcatel-Lucent, Nokia, and Ericsson.
On Friday AT&T agreed to buy Mexico wireless provider Iusacell for $2.5 billion. The deal nets AT&T Iusacell’s licenses, network assets, retail stores as well as its approximately 8.6 million subscribers. Iusacell operates as both Iusacell and Unefón and maintains a network that covers about 70 percent of Mexico’s population.
Suddenlink parent Cequel reported growth in revenue, growth in basic video subscribers, and increased ARPU. The company said it expects to increase capital spending next year to upgrade its network; this is in accordance with its previously announced Project GigaSpeed.
ESPN is the latest channel announcing it is going to offer direct subscriptions next year, joining HBO and CBS. Separately, CBS said that its Showtime channel will also be available over the top next year. Disney is going to hold off on going OTT with any of its many other channels.
Cablevision Systems lost subscribers in the third quarter, including data customers. CEO James Dolan also noted that "a significant number of suppliers" -- programmers, are preparing services similar to the ones announced by HBO and CBS, in which they will go direct to consumers.
Internet phone company Vonage Holdings Corp. said it plans to buy privately held Telesphere Networks for $114 million. Telesphere, based in Phoenix, provides video conferencing and cloud-computing for small businesses. It's expected to have revenue of about $40 million this year, Vonage said.
Telefónica Argentina has awarded a follow-on contract to Amdocs to manage a range of its business support systems applications. Separately, another customer, OJSC VimpelCom in Russia, has turned to Amdocs again, this time for Customer Management for its call centers.
Media company Liberty Media has completed its spinoff of Liberty Broadband into a separate, publicly traded company. The spinoff includes Liberty Media's interest in the cable TV provider Charter Communications, its subsidiary TruePosition and its interest in another cable company, Time Warner Cable.
Dish Network reported a modest uptick in third quarter revenue, less than half the profit, a modest decline in subscribership for its video service, and a minimal increase for broadband. With the video market is saturated, the company is widely seen as treading water.
Cable One is up and running with the latest iteration of CSG International’s customer care and billing platform. Cable One is using CSG in support of its video, voice and data services for both business and residential customers.
Discovery Communications Inc. (DISCA) on Tuesday reported third-quarter net income of $280 million. On a per-share basis, the Silver Spring, Maryland-based company said it had net income of 41 cents. Earnings, adjusted for amortization costs, were 46 cents per share.
American Express will now be able to replace traditional 16-digit account numbers with “tokens” used to authenticate online purchased and mobile payments made via NFC-enabled devices. This system means consumer account information won’t be stored with merchants and also allows for tokens to be assigned to specific merchants or payment types.
Comcast continues to polish its customer service apple by allowing subscribers to drop off their equipment directly at UPS stores where the gear will be processed, packed and shipped back to Comcast free of charge. In addition to the more than 500 Xfinity stores, the equipment can now be dropped off at 4,400 UPS stores across the nation. The equipment can be handed into the UPS stores as is, without wrapping or packaging.
After shareholders for both tw telecom and Level 3 granted their approval on Tuesday for Level 3’s deal to buy tw telecom, Level 3 announced Friday morning that the $5.7 billion acquisition was completed. The combined company now includes Level 3’s global fiber network, which features a strong metro presence in North America, with tw telecom’s network that serves office buildings and businesses across the nation.
Sony's losses ballooned to 136 billion yen ($1.2 billion) last quarter as the Japanese electronics and entertainment company's troubled mobile phone division reported huge red ink. The Tokyo-based maker of the PlayStation 4 video game machines, Spider-Man movies and Xperia smartphones had reported a 19.6 billion yen loss for the same July-September period a year earlier.
Arris reported Q3 revenue of $1.4 billion, up 32 percent from the third quarter a year ago. Arris expects its largest customers might get distracted by the megamergers they're involved in, but they all need to respond to demand for gigabit services and Wi-Fi. CCAP trials might commence in the summer.
While Time Warner Cable waits in the wings to be acquired by Comcast, the nation’s second-largest cable saw its third-quarter net income drop 6 percent. On the subscriber front, Time Warner Cable lost 184,000 residential video customers in the quarter, which was partially offset by the addition of 92,000 data customers and 14,000 voice subscribers.
Aided by an increase in broadband subscribers, Charter Communications increased its revenue in the third quarter while also cutting its net losses. Charter added 94,000 data subscribers in the third, which helped offset the loss of 9,000 basic video subscribers. Charter had lost 27,000 video subscribers in the same quarter a year ago
Facebook grew its advertising revenue by 64 percent in the third quarter, helped by a boost in mobile ads that are becoming an increasingly large chunk of the social networking giant's overall advertising business. The steady increase indicates that Facebook has succeeded in steering advertisers to its mobile platform at a time when most of its users are using Facebook on phones and tablets.
Suddenlink Communications has hired Mike Shelton as vice president of fiscal operations for the cable operator’s North Carolina Region. In his new job, Shelton will be responsible for all aspects of regional fiscal operations including financial planning and analysis, warehouse and inventory control functions, as well as credit and collections efforts.
The SCTE Rocky Mountain Chapter is hosting an executive roundtable next week that will tackle various top-of-mind topics including current events, network capacity, competition and customer experence. The “Executive Roundtable: 2015 and Beyond" event is slated for 6 p.m. to 7 p.m. on Nov. 4 at The Cable Center in Denver.
CenturyLink announced this morning that former Liberty Global executive Aamir Hussain has joined the company as its new chief technology officer. Hussain, who reports to CenturyLink CEO and president Glen Post, previously worked in the Netherlands as Liberty Global's managing director and chief technology officer for Europe.