The DVD and games rental company has become the latest entertainment firm to go into a form of bankruptcy in Britain. Blockbuster in Britain is a subsidiary of U.S.-based Blockbuster, which itself was reorganized under American bankruptcy laws and then acquired by Dish Network.
Shaw Communications and Rogers Communications have signed a series of agreements that include the sale of Hamilton-based Mountain Cablevision and Shaw’s AWS wireless spectrum to Rogers. The agreements total $700 million and also include Shaw gaining Rogers’ one-third stake in TVtropolis.
Clearwire filed with the FCC an opposition to Crest Financial’s earlier petition to reconsider the Eagle River Holdings deal from 2012, which gave Sprint a controlling interest in Clearwire. The WiMAX provider states Crest's petition "provides no credible basis for the FCC to reverse its actions" and should be "promptly denied."
Before we Start Over with a New Year, here’s a Look Back at 2012 through the prism of CED’s Broadband 50, which is now 12 years old. We have scoured the cable world to come up with the people, stories and trends that were the most meaningful.
It seems everyone agrees that the Federal Communications Commission needs to simplify its spectrum screen, but there's a big division on exactly how that should be done. Such was the case in a spate of comments filed recently with the FCC.
The Crow Creek Sioux Tribe Utility Authority has filed a petition with the FCC to block Sprint's impending 70 percent share transfer to Softbank on the basis that Sprint has "demonstrated a blatant disregard for the jurisdiction and sovereignty of the Crow Creek Sioux Tribe and its regulatory authority over Sprint’s operation on the Crow Creek reservation."
Lynn Murphey was recently named as Cox Communications’ executive field director for its Middle Georgia market. In the newly created position, Murphey, who has worked for Cox for 16 years, will oversee day-to-day operations for Cox in the market.
JDSU has hired Susan Spradley as senior vice president and general manager of the Communications Test and Measurement (CommTest) business segment. She is responsible for the development and management of the communications test product portfolio.
Vice President Joe Biden, who is leading a task force that will present recommendations to President Barack Obama, met with representatives from the entertainment industry, including Comcast and the Motion Picture Association of America (MPAA).
Expanding its Northwest footprint, Wave Broadband has acquired a fiber network operator that specializes in high-capacity links to public and business customers. Wave Broadband’s parent, WaveDivision Holdings, paid $50 million for Black Rock Cable, which provides fiber connectivity in northwest Washington State.
Sprint isn't sweating Dish Network’s offer to buy Clearwire for $3.30 per share, an 11 percent increase over its $2.97 offer, and doesn't foresee needing to up its bid in acquiring a 100 percent stake in the WiMAX provider. Clearwire stock rose 8 percent on news of Dish’s offer.
The FCC is pursuing a plan to open a nationwide swath of unlicensed spectrum specifically for the deployment of "Gigabit" Wi-Fi technology in major hubs, such as airports and convention centers. The plan increases the capacity and speed of Wi-Fi networks in public spaces.
Dish Network has offered to buy up to all of Clearwire’s common stock at $3.30 per share in a proposed deal that would allow Dish to purchase some spectrum assets from Clearwire. Under the conditions of the preliminary offer, Dish would acquire approximately 11.4 billion MHz-POPs from Clearwire, or 24 percent of its total spectrum holdings, for $2.2 billion.
Bolstered by a $38 million second round of financing, controversial streaming provider Aereo plans on expanding its service to 22 more cities across the nation this year. Aereo launched its streaming service in New York City and was promptly sued by major broadcast networks.
Google said it is teaming up with a New York City neighborhood business group to provide the company's first urban Wi-Fi network. The network will be available free to about a 10-block area surrounding Google's offices in Manhattan's Chelsea neighborhood.