The world's biggest smartphone maker is suffering a financial decline in the face of intense competition from Apple Inc. and upstart Chinese brands. In a preview to earnings due out this month, Samsung Electronics Co. said Tuesday that its quarterly profit is estimated to have fallen to its lowest level in more than three years, dragged down by weak sales of its flagship Galaxy phones.
News of the shutdown originally surfaced when Android Central published a Sprint internal email. The memo states that starting Oct. 6 letters are being sent to corporate-liable customers and that individual-liable and prepaid customers will be notified 180 days before the scheduled shutdown.
On the heels of a new five-year contract, Cox Business recently completed the build-out of 40 miles of its broadband network to 165 Navy sites in San Diego County. Cox’s network now reaches into barracks, hotels, fire stations, residential housing, recreation centers, and ships in the harbor in order to offer its triple play services to approximately 50,000 sailors stationed in San Diego.
While Suddenlink Communications’ standoff with Viacom festers into its second week, the nation’s seventh-largest cable operator announced it has reached a long-term distribution agreement with Discovery Communications. Suddenlink viewers are currently blacked out from Viacom’s 24 networks, both online and on their TVS, but Suddenlink will continue to carry Discovery’s 13 nets.
Turner Broadcasting, the parent of the CNN, TBS and TNT networks, is eliminating about 1,475 jobs, or about 10 percent of its total employees. Monday's announcement follows an offer of voluntary buyouts to 600 veteran employees in August, part of an overall cost-cutting effort at the Atlanta-based broadcasting company founded by Ted Turner.
The NBA has extended its television deals with ESPN and TNT for nine years. The contract with ESPN may have a provision that will allow the channel to distribute out-of-market games on the web, outside its typical cable-channel basketball package, and in competition with the NBA’s own League Pass.
thePlatform has appointed Michael Kurtzman as vice president of sales for the Americas, where he will be responsible for leading the company’s sales in North, South and Central America. Jouari Santiago, formerly with Shaw Communications, has joined the company as director of sales for Latin America.
Windstream plans to begin providing residential TV service in Lincoln starting next year. It will be delivered using Ericsson’s Mediaroom platform, and it will be available bundled with Internet and phone service. The company said the service will be available to about 50,000 homes.
While Suddenlink Communications’ subscribers remain in the dark, both on their TVs and online, Verizon Communications and Viacom reached a new agreement yesterday that allows Verizon to continue to carry 25 Viacom networks. The deal was also notable because it granted Verizon the national rights to deliver Viacom programming to Verizon Wireless customers when a new service goes live early next year.
Live From The Show: SCTE CEO Mark Dzuban on the organization’s Corporate Alliance Program, and its Energy 2020 program (which concentrates on developing best practices and technologies that will help the cable industry manage its energy consumption), and other issues.
Live From The Show: VeEX CEO Cyrille Morelle on how VeEX is adding vision to the network, from forward return, Internet technologies, and now optical. It costs money to dispatch a technician, so you want to send them to the right place -- that's what vision gets you, he explained.
Live From The Show: All Systems Broadband CEO Jason Skeoch on drivers for his company's product development, including the increasing use of fiber connectivity among business customers. One issue, Skeoch explains, is helping businesses build on the assets they already have in place.
The blackout rule was put in place at a time when attendance was still the major source of revenue for most professional teams. In the decades since, ticket sales have been reduced to a minority percentage of proceeds. In the NFL especially, teams’ revenue from the sale of TV rights has far exceeded income at the gate.
GCI Communications, which is Alaska’s biggest telecommunications company, said it would launch its 1-Gig “fiber re:D” service in Juneau before the end of 2016 after previously announcing the fiber service would be available in Anchorage next year. Like Google Fiber and AT&T, GCI is asking its customers to go to its website to express their interest in the 1 Gigabit offering, which will determine the neighborhoods that will get it first.
EBay is splitting off its fastest growing segment, mobile payment service PayPal, the e-commerce company said Tuesday. The move comes after months of pressure from activist investor and billionaire Carl Icahn, who has a 2.5 percent state in eBay, according to FactSet.
The National Cable & Telecommunications Association’s decision to rebrand The Cable Show as INTX, which stands for the Internet and Television Expo, was good fodder for informal conversations at last week’s SCTE Cable-Tec Expo in Denver. The NCTA announced that it was rebranding the show as INTX a week prior to Expo.
The cable industry’s dismal customer satisfaction ratings have become a stereotype for the industry, but Comcast is vowing, again, to improve customer service with the promotion of Charlie Herrin to senior vice president, customer experience. On Friday Comcast Cable CEO and president Neil Smit took to company’s blog page to tout Herrin’s new role.
The clock is ticking on a new retransmission agreement between Suddenlink Communications and Viacom, with the nation’s seventh-largest cable operator saying it will no longer carry Viacom networks starting Wednesday if a new deal isn’t reached. Suddenlink said that Viacom was demanding a 50 percent increase in payments despite viewership declining by almost 30 percent on some of Viacom’s networks over the past few years.
AT&T's proposed $48.5 billion acquisition of DirecTV is moving forward as shareholders of the country's largest satellite TV broadcaster approved the deal. But it still needs regulatory approval. Public-interest groups say the deal would lead to less competition, since AT&T and DirecTV provide pay-TV services to about 25 percent of the country.
Improving the customer experience by leveraging a network’s infrastructure data can be complicated and costly, but by not effectively accessing and using that data to better a customer’s experience and a network’s integrity could be fatal.
After 21 years in the cable industry, Time Warner Cable’s Mike LaJoie has plenty of career advice for anyone in the cable industry. LaJoie, who is retiring at the end of the year, shared his thoughts during the opening general session “Tips from the top—from to cube to corner office” at Expo with long-time friend Yvette Kanouff.
The new gateway providesSMBs with a networking solution that provides connectivity for their own employees. An ancillary gateway can be used to provide separate access for guests who visit their offices or customers who visit their stores.
Balan Nair, executive vice president and chief technology officer of Liberty Global, will serve as the program committee chairman for SCTE Cable-Tec Expo 2015. Expo is returning to New Orleans next year; it’s scheduled for October 13-16.
The Society of Cable Telecommunications Engineers (SCTE) announced at the Cable-Tec Expo show in Denver that Sudddenlink chief technology officer and executive vice president Terry Cordova was re-elected chairman of the board for the upcoming 2014-2015 term. During the meeting, the board thanked Mike LaJoie, executive president and CTO of Time Warner Cable, for his service, including two years as chair.
Chinese e-commerce powerhouse Alibaba will say "open sesame" to the New York Stock Exchange on Friday, as its shares begin trading in a highly anticipated debut that could raise up to $25 billion. The company priced its initial public offering of stock Thursday evening at $68 per share, the top end of the expected price range, according to Alibaba.