Chambers, who has served as CEO since January 1995, will continue to serve as board chairman. Cisco said that he has grown the business from $1.2 billion in annual revenue when he took on the CEO role to $48 billion in revenue in 2014.
Time Warner Cable turned in one of its most impressive quarters in terms of subscriber metrics in a very long time, as the rumor mill spun crazily about the company’s options now that Comcast has given up its takeover attempt.
Charter recorded an $81 million net loss, which the company attributed to expenses tied to Comcast’s Time Warner Cable buyout transaction. The company said it incurred $86 million in interest expense related to financing the Comcast transaction and $13 million in related costs.
Arris’ CPE segment retained its momentum in cable-related products in the quarter. Larry Robinson, president of CPE, noted Arris will continue to be affected by the pending AT&T and DirecTV transaction. Arris CPE sales were down due to a decrease in demand by its telecom customers for standalone HD digital set-tops boxes.
AT&T has significantly expanded the availability of AT&T Business Fiber to businesses from roughly two dozen markets to more than 180 U.S. cities.
"I think you need to think about the cable industry and players like us as not competitors but potential partners and alternatives for each other in the future," the T-Mobile CEO said.
The breakdown of the deal is being seen as a blow to Comcast and the cable industry in general. Conversely, it's being hailed as a victory for consumer advocates and the competitors of the two companies.
CenturyLink’s Irvine OC2 facility in southern California is now utilizing fuel-cell power. The two megawatt expansion commissioned by CenturyLink brings the facility up to 12 megawatts in total. Of that the fuel-cells make up 500 kilowatts.
ESPN has filed a lawsuit against Verizon for breach of contract. Verizon's FiOS Custom TV service allows customers to subscribe to a fixed 36 channels before picking additional channels to add to . . .
Amazon Web Services is the biggest player in the public cloud-computing space, 5 or 6 times bigger than its closest competitor, Microsoft's Azure, and Google a distant third, according to analysts.
From the beginning, the company vigorously defended the merger as a great deal for everyone involved, but all of the proposed benefits were nice-to-haves -- nothing associated with the deal was imperative or solved any particular problem for anybody.
AT&T’s broadband subscriber base grew by 440,000 to 12.6 million. The company’s pay TV subscriptions increased by 50,000 in the quarter. The company’s U-verse service makes up 69 percent of wireline consumer revenues, which is a 10 percent increase year over year.
Bright House developed the service to help users address the yearly increase in DDoS attacks, which occur when systems traffic floods the bandwidth or resources of a specific system on one or more web servers and result in site crashes.
CenturyLink has acquired Orchestrate, a Portland-based startup with a fully managed cloud-service for managing multiple databases. According to media reports, CenturyLink spent between $10 and $12 million for the company.
The company addressed several controversies, including one associated with its its new pick-and-pay plans for FiOS TV, and the other about AT&T’s response to the FCC’s reclassifying broadband under Title II.
Charter will continue to license Rovi’s products and services, which include Rovi Search, Recommendations, and Conversation Services, Rovi Metadata, and Rovi Analytics.
Representatives of Comcast and Time Warner Cable will be meeting with the Justice Department on Wednesday, following reports at the end of last week that Justice lawyers are leaning against approving Comcast’s acquisition of TWC.
Justice’s formal review of the deal is not due until next week, but Bloomberg – relying on unnamed sources – is reporting that that those reviewing the case at Justice are disinclined to approve the deal even with conditions.
Nokia will make an offer for all of the equity securities issued by Alcatel-Lucent, through a public exchange offer in France and in the United States, on the basis of 0.55 of a new Nokia share for every Alcatel-Lucent share. The deal values Alcatel-Lucent at $16.6 billion, and the deal is expected to close in early 2016.
Nokia and ALU are "in advanced discussions with respect to a potential full combination, which would take the form of a public exchange offer by Nokia for Alcatel-Lucent." They cautioned there is "no certainty at this stage that these discussions will result in any agreement or transaction."
Michael T. Hayashi, former executive vice president of architecture, development, and engineering at Time Warner Cable (TWC), has been appointed to Espial’s board of directors.
Arris and Charter formed a joint venture for the purpose of buying ActiveVideo. Arris will own 65 percent of the venture. Current ActiveVideo management, including CEO Jeff Miller, will continue to run the operation.
A clearly defined career path, feeling proficient on the job, and compensation tied to professional certifications are the three most important things to employees who consider staying with their . . .
Subscription IQ: The pricing models that succeed do so because they bill you in a way that makes services feel free. You’re free-wheeling, free-dealing, free-riding until for some inane technicality, your credit card doesn’t go through.
John Malone and John Risley have invested in UXP Systems, a company that has developed a platform that bridges disparate back office systems to provide a single view not only of customer accounts, but every user behind each account.