Advertisement
Business
Subscribe to Business
View Sample

FREE Email Newsletter

Daily news and top headlines for broadband communications engineering and design professionals

Frontier Communications posts 4Q profit

February 20, 2015 12:30 pm | by Associated Press | News | Comments

Frontier Communications Corp. (FTR) on Thursday reported fourth-quarter net income of $13.9 million. On a per-share basis, the Stamford, Connecticut-based company said it had net income of 1 cent. Earnings, adjusted for one-time gains and costs, were 4 cents per share.

Cox partners with Cleveland Clinic on digital home health care services

February 19, 2015 12:59 pm | by Mike Robuck, @CEDmagazine | News | Comments

Cox Communications has formed a joint venture with Cleveland Clinic to further develop in-home healthcare services. The new telehealth and home health services will be offered by the joint venture Vivre Health.

Comcast partners with Boulder-based Boomtown on IoT lab

February 18, 2015 12:32 pm | by Mike Robuck, @CEDmagazine | News | Comments

Comcast Labs has forged a partnership with startup accelerator Boomtown to build an Internet of Things (IoT) lab in Boomtown’s hometown of Boulder, Colo. The companies said the IoT lab will be one of the first in nation when it launches during “Boulder Startup Week” in May.  

Advertisement

Brooklyn union workers ratify labor deal with Cablevision

February 17, 2015 11:56 am | by Associated Press | News | Comments

Brooklyn union workers at Cablevision System Corp. have voted to ratify a two-year contract with the company. Communications Workers of America Local 1109 said the labor agreement was ratified by a strong margin Saturday night. More than 260 workers are covered by the agreement, which includes wages increases and better health and pension benefits.

Shaw to shuffle call center operations

February 13, 2015 1:03 pm | by Mike Robuck, @CEDmagazine | News | Comments

Shaw Communications announced this week that it was closing its call centers in Calgary and Edmonton while also closing part of its operations in Kelowna. All told, 1,600 employees in those call centers will have to either re-locate, accept severance packages or take on new jobs at their current locations.

Mediacom turbo charges speeds at Iowa race track

February 12, 2015 1:05 pm | by Mike Robuck, @CEDmagazine | News | Comments

NASCAR-owned Iowa Speedway and Mediacom Business announced a renewed partnership that will help the racetrack address growing bandwidth demand, onsite high speed Internet in the Mediacom Media Center, and high definition video powered by Mediacom Business. 

Cisco beats Street 2Q forecasts

February 12, 2015 12:53 pm | by Associated Press | News | Comments

Shares of Cisco Systems rose in aftermarket trading Wednesday after its fiscal second-quarter results surpassed Wall Street's expectations. The San Jose, California-based company also raised its quarterly dividend to 21 cents from 19 cents.

Time Warner Cable partners with BestBuy on smart home gear

February 11, 2015 12:22 pm | by Mike Robuck, @CEDmagazine | News | Comments

By partnering with BestBuy, Time Warner Cable is providing an online retail route for users of its IntelligentHome monitoring and automation service. The deal with BestBuy allows IntelligentHome users to buy “smart” door locks, light bulbs and in-wall light switches that they can then self-install via a touchscreen.  

Advertisement

Midco promotes 3 to senior leadership team

February 11, 2015 12:09 pm | by Mike Robuck, @CEDmagazine | News | Comments

Midcontinent has promoted three of its managers to the director level based on their contributions to the company. With the promotions, newly minted directors Ben Dold, Chris Green and Char Hay are now part of Midcontinent’s senior leadership team, which also includes other directors and executives for the company.

Wheeler: it'll be modernized Title II, not the hybrid approach

February 10, 2015 12:45 pm | by Brian Santo, @CEDmagazine | News | Comments

The FCC will use a modernized version of Title II with Section 706 as a “one-two” punch to keep the Internet fast, fair and open, FCC Chairman Tom Wheeler said in a speech last night, in which he provided a little more insight into his plans, which remain unpublished.

Cogeco on track to open another data center this spring

February 10, 2015 12:22 pm | by Mike Robuck, @CEDmagazine | News | Comments

Cogeco Data Centers said it was on track to open a new 100,000-square-foot data center this spring on the island of Montreal. The new facility, which is located in Kirkland, will be the fifth location in Cogeco Data Services’ growing data center fleet.

RCN Business bows managed LAN service

February 10, 2015 12:18 pm | by Mike Robuck, @CEDmagazine | News | Comments

RCN Business is removing some of the complexities associated with enterprise-level customers managing their WAN and LAN assets by offering a new managed LAN service. The service is packaged as a switch management solution for RCN Business’ hosted voice and Ethernet products. 

Calix helps deliver Alabama’s first gigabit service

February 9, 2015 12:15 pm | by Mike Robuck, @CEDmagazine | News | Comments

Calix has lit up the state of Alabama’s first 1-gigabit service through a deal with Farmers Telecommunications Cooperative (FTC.) After launching last week, FTC, which is Alabama's largest member-owned telephone cooperative, is providing symmetrical 1-gig speeds to customers in DeKalb and Jackson counties.

Advertisement

Verizon confirms $10B sale of wireline network to Frontier

February 6, 2015 1:13 pm | by Ben Munson, Wireless Week, @wwbenmunson | News | Comments

Verizon will sell its wireline operations in California, Florida and Texas to Frontier Communications for $10.54 billion ($9.9 billion in cash and $600 million in assumed debt). Verizon will also lease the rights to 11,300 towers and sell an additional 165 towers to American Tower for $5 billion.

Apple exploring an over the top TV service

February 6, 2015 12:52 pm | by Brian Santo, @CEDmagazine | News | Comments

Apple is reportedly reviving discussions with programmers about creating a streaming TV service. The company is in early stages of negotiations with programmers about securing rights to content, and has been demonstrating the ability to deliver TV, according to re/code.

Cablevision names Sweeney CFO

February 6, 2015 12:10 pm | by Mike Robuck, @CEDmagazine | News | Comments

Cablevision announced on Friday that Brian Sweeney would become the cable operator’s chief financial office effective March 1. Sweeney, who already holds the title of president at Cablevision, will succeed current CFO Gregg Seibert. Seibert will continue to serve as vice chairman of Cablevision where he will focus on the company’s long-term strategic and financial initiatives.

Bright House Networks delivers BabyFirst programming

February 6, 2015 12:04 pm | by Mike Robuck, @CEDmagazine | News | Comments

BabyFirst, which is a TV channel targeted at toddlers and their parents, has launched on Bright House Networks, the nation’s sixth-largest cable operator. The launch added 2.5 million Bright House Networks customers in Detroit, Indianapolis, Central Florida, Tampa, Birmingham and Bakersfield to BabyFirst’s distribution, which now stands at more than 50 million U.S. homes, in English and, via SAP, Spanish.

Sprint to set up shop as RadioShack files for bankruptcy

February 6, 2015 12:00 pm | by Associated Press | News | Comments

Sprint's latest plan for luring new subscribers is to occupy the remains of RadioShack.The long-struggling consumer electronics chain filed for bankruptcy protection Thursday. Part of its plan is for Sprint, the No. 3 U.S. wireless carrier, to open mini-shops in as many as 1,750 of RadioShack's remaining stores.

Video, data, advertising fuel Charter’s fourth quarter results

February 5, 2015 12:35 pm | by Mike Robuck, @CEDmagazine | News | Comments

Charter Communications’ fourth quarter results were driven by robust video and advertising revenues, and a continued increase in data subscribers. Charter’s residential video subscribers grew by 3,000, as opposed to a loss of 2,000 a year ago, while it added 104,000 high-speed Internet customers in the quarter.

Research: 25 percent of broadband homes find energy monitoring appealing

February 5, 2015 12:21 pm | by Mike Robuck, @CEDmagazine | News | Comments

According to recent research by Parks Associates, 25 percent of the broadband households across the nation find an energy monitoring service “very appealing.” In more good news for cable operators that offer home automation services, 22 percent were interested in an appliance monitoring service while 26 percent found an HVAC monitoring service very appealing.

Pace promotes Gureck to CSO

February 4, 2015 1:50 pm | by Brian Santo, @CEDmagazine | News | Comments

Gureck will be responsible for research and development, merger and acquisition activity, concentration on market value and trends, continued development of strategic partnerships, and diversifying the company’s lines of business, the company said.

Report: Service provider router market to top $11.5 billon in 2019

February 4, 2015 12:57 pm | by Mike Robuck, @CEDmagazine | News | Comments

According to a recently published report by Dell’Oro Group, the global service provider market is projected to top $11.5 billion in four years. The service provider market includes core and edge routers while the report also examined the enterprise router market.

Comcast, Charter bottom dwellers of Harris reputation poll

February 4, 2015 12:53 pm | by Mike Robuck, @CEDmagazine | Blogs | Comments

In the 16th annual Harris Poll Reputation Quotient study that was released today, Charter Communications and Comcast ranked 92nd and 93rd, respectively out of the 100 companies on the list. Given Comcast’s slate of customer service debacles, including the news last week that a customer’s name was changed to “A**hole Brown” on his bill, it’s no surprise to see it near the bottom.

Sony trims full-year loss forecast to $1.4 billion

February 4, 2015 12:44 pm | by Associated Press | News | Comments

Sony Corp. trimmed its forecast of losses and gave a figure for damages from the Sony Pictures hack, but said it would suffer no significant harm from the cyberattack in the long run. The entertainment and electronics giant delayed the announcement of its earnings for the October-December quarter because the hack affected its ability to compile its complete results in time.

Cable's power challenge: cut consumption or pay out the nose

February 3, 2015 2:20 pm | by Brian Santo, @CEDmagazine | News | Comments

The cable expects its industry-wide $1 billion energy bill to quadruple soon. The SCTE's Energy 2020 project has calculated that between 73 percent and 83 percent of cable’s overall energy consumption is by hubs and headends, and it's determined to reduce that figure.

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading