Communications equipment maker Tellabs has agreed to be acquired for $891 million by investment firm Marlin Equity Partners. The deal calls for Marlin to buy all of Tellabs shares for $2.45 each. The deal is expected to close during the fourth quarter.
CableLabs and the Society of Cable Telecommunications Engineers (SCTE) announced this morning that they would work in tandem to accelerate the worldwide development and deployment of new cable network technologies. The cable industry’s support organizations, which also include the NCTA, have become more aligned over the past few years at the behest of the cable operators that they serve.
One fan's fixation on finding football online shows the lengths people will go to figure out a way around the byzantine network of content rights that programmers and distributors have adopted. One solution juggles a bunch of apps, plus both Apple and Roku boxes.
While American technology companies are trying to minimize the damage from revelations that the U.S. government spies on everyone including its own citizens, Chinese tech giant Huawei said it never has been asked to provide information about a citizen to any government.
Peak 10, a national IT infrastrcutre and cloud-services provider, announced that it’s now offering Comcast Business’ Ethernet services in its Ft. Lauderdale, Fla. data center. With Comcast Busienss, Peak 10 can provide its customers in South Florida and throughout the southeast access to high-bandwidth Ethernet connectivity, and off-site data center back-up and cloud services for disaster recovery preparedness.
Time Warner Cable has hired former CenturyLink executive Jeffery Painting as senior vice president and chief sales officer. Painting will report to Phil Meeks, executive vice president and chief operating officer of business services for Time Warner Cable.
Integrating Sling technology into one of its boxes apparently wasn’t enough. Arris has arranged with Sling Media to become the exclusive worldwide distributor of gateways and standalone devices that integrate Sling technology. Arris will also eventually take control of worldwide licensing of the technology.
Dutch cable company Ziggo has rejected a takeover bid from Liberty Global as inadequate. Liberty Global began investing in Ziggo earlier this year, buying 28.5 percent of the Dutch company’s stock. Liberty Global and Liberty Media, both chaired by John Malone, have been aggressively investing in cable companies around the world.
Time Warner Cable’s Rob Marcus, who was named as the cable operator’s CEO and chairman this past summer, will join the board of directors at Equifax. Marcus, who will take over the top executive positions from Glenn Britt at the start of next year, will start serving as a director on Equifax’s board on Nov. 1.
In his 41-year career, Britt has worked in finance, programming, venture investments, and programming positions. He has spearheaded services such as data and voice, which are now cornerstones of not only Time Warner Cable but of the cable industry as whole, as well as driven the development of multi-screen apps and services, Start Over, Look Back, and cloud-based user interfaces, to name a few.
In the last two years, we’ve spent a significant amount of time to break down traditional organization silos and to create an environment where a steady cadence of infrastructure and product enhancements and innovative, collaborate thinking are prevalent.
CableLabs is using hydrogen fuel cells from CommScope to provide backup power for its headend and cable modem termination system (CMTS) in its Louisville, Colo. headquarters. CommScope said its fuel cell could provide up to 16 hours of reliable, environmentally friendly backup power.
The Canadian government plans to introduce legislation that will force the country’s multichannel video program distributors (MVPDs) to offer television channels on an a la carte basis. The country's Industry Minister promises to introduce a plan next week.
British telecoms firm Vodafone says it has completed its 7.7 billion-euro ($10 billion) takeover of Germany's biggest cable operator, Kabel Deutschland. Vodafone, one of the world's largest cellphone companies, said in a statement Monday that it now holds just over 76 percent of Kabel Deutschland Holding AG.
CenturyLink has signed up its first dedicated 100 Gigabit per second (Gbps) data networking circuit for a business customer through a direct connection to the company's recently upgraded 100 Gbps nationwide network. Longmont, Colo.-based DigitalGlobe is using the service to launch a new product that allows its customers direct access to satellite mapping data.
Comcast Business is expanding availability of its high-speed broadband to underserved commercial areas in nearly 100 cities throughout Washington state. The company's expansion includes building to businesses that have specifically requested Comcast’s services as well as to expand fiber optic lines to areas to encourage future growth.
Aereo, a service that delivers broadcast television stations over the Internet, will come to Android devices on Oct. 22. Earlier this week, a court in Boston denied a request by an ABC station owned by Hearst, WCVB, for a preliminary injunction to stop Aereo's service.
Providing home automation services over someone else’s broadband pipe is a growing trend according to a recent survey by Infonetics Research. Infonetics also found that more than 70 percent of the operators in the survey planned on offering home automation services by the end of this year.
Charter Communications announced this morning that Justin Venech was hired for the position of vice president, communications. Venech joined Charter from Time Warner Cable where he was vice president, public relations. In his new job, Venech reports to Alex Dudley, senior vice president, communications and public affairs.
Liberty Media Corp. announced this morning that it bought back 5.2 percent of its outstanding common stock from Comcast Corp. In addition, Sirius XM Radio Inc. will repurchase $500 million of its shares from Liberty Media. Also today, Liberty Interactive Corp. said planned to spin off its stake in travel website TripAdvisor and its BuySeasons business into a new publically traded company.
AT&T has agreed to provide connectivity for GE’s ambitious “Industrial Internet” strategy. GE already has an ongoing relationship with Cisco Systems, which has its own Internet of Everything plan. Meanwhile, GE will also be working with Intel on sensors and connectivity chips.
A slate of executives from Comcast, Liberty Global, Time Warner Cable, and RDK Management who are helping to lead the charge on the implementation of the RDK will discuss where the program is and where it’s going at a panel session at Cable-Tec Expo in two weeks.
Time Warner Cable has expanded its fiber footprint in the Southeast by reaching an agreement to buy DukeNet Communications for $600 million in cash. Time Warner Cable reached the agreement, which included the repayment of debt, with Duke Energy Corporation and investment funds managed by Alinda Capital Partners, both of which had 50 percent stakes in DukeNet.
The federal government shutdown continues, the possibility of the U.S. going into default is getting closer. AT&T CEO Randall Stephenson issued a strongly worded statement for any elected official who’s considering letting that happen.
The change from Verizon’s existing cloud-based computing service is that Verizon Cloud Compute allows customers, from small businesses to enterprises, to determine how much compute power they need and pay for only that. Previously, services had pre-set configurations for size and performance.