Suddenlink Communications announced it has completed its purchase of four Texas-based systems from Northland Communications. With the completion of the deal, which was first announced in October, Suddenlink added 12,000 residential and nearly 300 commercial customers.
Personal computer giant Hewlett-Packard Co. has confirmed that it expects layoffs at the upper end of a range that it outlined earlier this year, with 5,000 more workers than originally planned expected to lose jobs by October 2014. The company said in a securities filing Monday that "continued market and business pressures" were behind the move.
Time Warner Cable continued to take care of business, signing a carriage agreement with Viacom, a day after signing a retransmission consent deal with the Tribune Company. Viacom is the owner of channels including Nickelodeon, MTV and Comedy Central.
While Charter Communications and Time Warner Cable have been monopolizing everyone's attention, a small cable operator in northwest Kansas pulled off the purchase of several cable television systems in Colorado and Nebraska. Financial terms of the deal were not disclosed.
Tribune Company and Time Warner Cable announced a new multi-year retransmission consent agreement for the Tribune broadcast television stations in New York, Los Angeles, Dallas, San Diego and Indianapolis, as well as the company’s expanded station portfolio.
The company said it has integrated its Merchandiser content marketing solution with content recommendation platforms from ThinkAnalytics, Digitalsmiths, and other vendors. Service providers can enhance their On-Demand storefronts to offer personalized recommendations alongside targeted pricing, ads, upgrades and discounts.
Companies that deal in content in one way or another rely on the technology to shorten production cycles, or to upload TV shows and movies to popular consumer services. The company’s technology, called fasp, is used by cable operators and other service providers for backbone transmission of video and other data.
With the Centerbridge bid out of the way, the path is again open for Dish Network and the $2.2 billion stalking-horse bid it entered in LightSquared’s bankruptcy proceedings. Dish is pursuing LightSquared for access to its 35 MHz of spectrum licenses in the 1500 L band.
SCTE board of directors chairman Terry Cordova recently confirmed his slate of individuals who will serve as chairs of the various board committees for the 2013-’14 board term, the Society of Cable Telecommunications Engineers (SCTE) announced today.
Comcast announced that former Goldman Sachs executive Jason Armstrong has joined the company as senior vice president, investor relations. Armstrong took over the position that was vacated by Marlene Dooner, who was recently appointed to the newly created role of executive vice president, Hispanic enterprises and content for NBCUniversal.
Comcast Business has expanded its Upware roster to include marketing and CRM vendor Swiftpage. Upware is divided into various “aisles” among cloud-based vendors that Comcast Business has picked to serve the small and medium-sized business sector, and Swiftpage was the first addition to the marketing and CRM aisle.
Cable TV operator Charter Communications Inc. is preparing to send a letter offering to buy the much larger Time Warner Cable Inc. for below $135 per share as early as Monday. That's according to a person familiar with the matter, who was unauthorized to speak publicly and spoke on condition of anonymity.
Former Cox Communications executive John Dyer will take the helm of Cox Enterprises as its new president and CEO on Jan. 1. Dyer will assume leadership of the company following the retirement of outgoing CEO Jimmy W. Hayes. Dyer is currently Cox Enterprises’ chief operating officer.
Liberty Global has returned to Ziggo with another offer to buy out the rest of the Dutch cable company. Ziggo rejected a bid from Liberty Global in October for being too low. Liberty Global already owns 28.5 percent of Ziggo. It also owns the country second largest cable company, UPC Nederland.
Comcast Corporation announced this morning that Alexander D. Evans would join the company this month as executive vice president, global corporate development and strategy. Evans will report to Michael Angelakis, who is vice chairman and chief financial Officer for Comcast.
Incoming Time Warner Cable Inc. CEO Rob Marcus said Monday that the company's current debt level is "prudent," even as other cable TV companies are reportedly examining adding debt to acquire it. Marcus, the chief operating officer who will replace Glenn Britt as chief executive on Jan. 1, told an investor conference in New York that the company's target of having debt that is 3.25 times its cash flow is appropriate.
Even as Silicon Valley's technology companies speak out against the U.S. government's surveillance methods, they are turning a handsome profit by mining personal data and peering into people's online habits. The industry's profit machine has become tarnished by revelations that the National Security Agency digs deep into the everyday lives of Web surfers.
The plot has thickened once again in the ongoing story of Time Warner Cable being bought out by another cable operator. Reuters reported that Comcast has turned to JPMorgan Chase & Co. for its expertise in case it decides to throw a bid on Time Warner Cable
Comcast Cable announced this morning that effective immediately, Robert S. Victor was named senior vice president, finance and business operations, for Comcast Business. Victor reports to Bill Stemper, president of Comcast Business, and Stephen Perez will join his team as vice president, financial planning and operations.
Time Warner Cable announced this morning that Christian Lee had been promoted to senior vice president, mergers and acquisitions effective Dec. 31. Separately, Rob Marcus, who will take over the reins of the company on Jan. 1, said in a Bloomberg story that he was “the perfect guy to manage the M&A component out there.”
GPS will tell you how to get to the nearest Apple store. With iBeacon, Apple hopes to guide you around once you're inside. On Friday, Apple Inc. will begin using the technology at its 254 U.S. stores to send you messages tailored to where you are inside, provided you have downloaded the Apple Store app and have given Apple permission to track you.
Comcast Business has hired Paul Merritt as the director for the company’s Mountain Region. In his new job, Merritt will be responsible for leading Comcast’s growth in the region as well as its expanding portfolio of business solutions and services, including Ethernet-based offerings.
Todd Porch, who has overseen digital advertising efforts at Yahoo, Nexstar and Broadcast.com, has been named vice president and general manager of Comcast Wholesale’s AdDelivery service. Prior to his appointment to the Comcast Wholesale senior leadership team, Porch spent four years as executive director of the 250-member advertising operations and account management unit at Yahoo.
Blue Ridge Communications has joined the Comporium Security, Monitoring and Automation (SMA) Dealer Program to deliver a home management service to its subscribers. Comporium’s service combines a security alarm system, communications gateway and home automation platform into one device.
There are grand and vocal disagreements flying about today as governments and private parties square off over the supposed usefulness of next-generation networks capable of hurtling digital data to everyday consumers at speeds of 1 gigabit per second or faster. Skeptics argue investing in super-fast networks is folly.