Graham Holdings’ board of directors has decided that its Cable One division would be more successful on its own with the spinoff slated for next year. Graham Holdings board of directors gave management its nod of approval to proceed with plans for the complete legal and structural separation of Cable One, which will result in the cable operator being a publicly traded company.
GCI, through its GCI Industrial Telecom division, has struck a strategic partnership with oilfield monitoring vendor WellAware. The deal will give WellAware access to GCI’s mapping and analytics information across the state, which will be used by oil and gas field operators.
Cisco Systems Inc. posted stronger-than-expected first-quarter results on Wednesday. It also announced that its chief financial officer will step down. The seller of routers, switches, software and services said its net income totaled $1.83 billion, or 35 cents per share.
Comcast CEO Brian Roberts is moving "full steam ahead" with the company's proposed $45 billion acquisition of Time Warner Cable despite the uncertainty raised by President Barack Obama's call for tougher regulations on high-speed Internet service providers. Roberts said Comcast Corp. still intends to spend about $20 billion during the next two years to improve its Internet service and other products.
Google is remixing the music on its YouTube video site with the addition of ad-free subscription service "Music Key" and a new format designed to make it easier to find millions of songs that can still be played for free. The subscription service is part of Google's effort to mine more revenue from YouTube as the video site approaches the 10th anniversary of its inception.
Time Warner Cable Business Class is enabling OhioHealth, which a not-for-profit system of healthcare facilities based in central Ohio, connect patients and physicians with telemedicine services. In addition to triple play services, Time Warner Cable Business Class (TWCBC) is providing OhioHealth with its 100 Mbps point-to-point Ethernet private line (EPL) fiber circuits to connect 50 care sites across the state.
While Suddenlink Communications, Vyve Broadband and Cable One have moved on after failing to reach new carriage agreements with Viacom, Frontier Communications has inked a new a long-term retransmission deal with the content provider. Frontier’s deal with Viacom included multi-platform rights for 27 Viacom networks as well as for premium channel Epix. Terms of the new deal weren’t released.
Yahoo is buying digital video advertising service BrightRoll for $640 million in the Internet company's latest attempt to boost its revenue after years filled mostly with financial futility. The acquisition announced Tuesday marks Yahoo's first major purchase since reaping a $9.4 billion windfall in September by selling part of its stake in a rapidly rising Internet star, Chinese e-commerce service Alibaba Group Holding Ltd.
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.