Dish Network co-founder and Chairman Charles Ergen is returning to the helm of the satellite TV provider as the company faces declining subscribers and a changing pay-TV industry. CEO Joseph Clayton, 64, said Monday he will retire March 31. He had been CEO since June 2011 and also holds the president title.
FairPoint Communications workers have a new contract, and they're ready to return to work this week. More than 1,700 workers in Maine, New Hampshire and Vermont report for duty Wednesday for the first time since going on strike four months ago. Officials announced Sunday that they'd ratified a new contract.
Thanks to its acquisition of tw telecom last year, Level 3 has moved into second-place on Vertical System Group’s U.S. Carrier Ethernet Leaderboard. Based on retail port shares, Level 3 was behind top-ranked AT&T but ahead of third-place Verizon.
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 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 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.
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 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.
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.
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.
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.
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.
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 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 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 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.
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 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 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.
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'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.
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.
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.
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.
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.