UTStarcom Holdings said it has acquired a significant minority stake in aioTV. With its purchase of 44 percent of aioTV’s stock, UTStarcom becomes the smaller company’s largest investor. AioTV specializes in cloud-based video aggregation and distribution.
Cable over-builder RCN is now offering a new interactive music video network that allows viewers to interact with the content online and through their mobile devices. RCN is offering Music Choice’s SWRV linear channel to subscribers across all of its markets.
When Google announced plans to fund some 100 new channels of original programming on YouTube, many expected a transformation in television. But a year later, the revolution has not yet been YouTubed. Google had disrupted other industries, and TV appeared to be next in line.
Isilon, a division of EMC, specializes in scale-out storage. Founder Sujal Patel is recognized for pioneering the technical architecture for clustered storage, creating a new sector in the enterprise storage market, and holds a number of patents and pending patents.
Liberty Global announced that it had completed its deal to buy Puerto Rican cable operator OneLink Communications. The $585-million-dollar deal was first announced in June. It's a somewhat convoluted financial arrangement.
Bright House Networks is on the board with Verizon Wireless now that the two companies have started their joint marketing efforts in Orlando. Bright House is the last MSO to start cross-promoting its triple-play services with Verizon Wireless’ smartphones and tablets.
Bucking the trend of cable operators losing basic video subscribers, Suddenlink Communications actually added a total of 200 in the third quarter en route to chalking up some solid financial results. Suddenlink reported third-quarter revenues of $511.9 million.
Verizon Communications CFO Fran Shammo told analysts that the company is accelerating the deployment of its LTE network, which already has a wide lead over AT&T’s LTE coverage. Verizon Wireless now plans to complete its LTE rollout by the middle of next year.
AT&T will allow any customer with an LTE-capable iOS device on a tiered or shared data plan to use Apple's FaceTime video conferencing app over a cellular connection. AT&T had previously said it would only allow users who switched to the company's new shared data plans to access the app.
A California judge has rejected a request for a preliminary injunction against Dish Network's ad-skipping digital video recorder in a dispute that has pit broadcasters against a main distributor of their programming. The ruling was not released publically.
SeaChange racked up two more customers for its Adrenalin multi-screen video software, neither of which were identified beyond describing them as one North American and one Latin American service provider. One of the two also selected SeaChange’s Nitro multi-screen user experience software.
Time Warner Cable’s “Holiday Triple Play” is hitting Best Buy stores. New and existing Time Warner Cable customers that sign up for Time Warner Cable’s voice, video and data services during the holiday offer get a $150 Best Buy gift card. The triple-play bundle starts at $89.99 a month and lasts for one year.
Many homes in AT&T's local phone service areas will see the company becoming more competitive with cable for broadband service under a new $14 billion, three-year investment plan the company revealed. But in more outlying areas, the company will start shifting customers from regular phone lines to wireless service.
The company, which offers broadband, digital phone, video and other services, said that net income rose to $67 million, or 7 cents per share, for the three months ended Sept. 30. That compares with net income of $20.4 million, or 2 cents per share, in the same period last year.
Charter Communications reported third-quarter revenue of $1.88 billion, slightly up from revenue in its Q3 a year ago, and a loss of $87 million, compared with $85 million a year ago. Residential video customers decreased by 73,000 in the third quarter.
Cablevision reported a third-quarter loss of $3.8 million on slightly higher revenue, compared with the similar period a year ago. Third-quarter net revenue grew 1.2 percent to $1.685 billion. The loss was attributed to higher expenses associated with restructuring and compensation, as well as larger expenditures on paying down debt.
DirecTV missed Wall Street's earnings estimates for the third quarter, which included a 10-day blackout of Viacom channels like Nickelodeon and Comedy Central. DirecTV said that it earned $565 million, or 90 cents per share, for the July-to-September period.
Comcast has named Rodrigo Lopez as regional vice president for Oregon and southwest Washington State. The position opened when Comcast offered Lopez’s predecessor, Hank Fore, a similar position running the company’s California operations.
Netflix is moving to protect itself against hostile takeovers, after activist investor Carl Icahn disclosed a stake of nearly 10 percent in the online video company. Netflix has adopted a shareholder rights plan, also known as a poison pill.
Time Warner Cable’s quarterly profit and video subscriber losses were below Wall Street’s projections, but data and business services continued to be a boon to the company’s bottom line. Time Warner Cable’s net income increased to $808 million, or $2.60 a share, in the third quarter.
The cable industry’s research consortium has formed its first subsidiary, called NetworkFX, to provide companies outside of the cable industry with public key infrastructure (PKI) technology. PKI uses digital certificates to secure broadband connections for networked devices.
The new agreement with Cablevision includes what NBCUniversal called expansive rights to on-demand content from its cable and broadcast network portfolio, as well as access to live channels across multiple platforms, both in and out of the home.
With tensions mounting in some of the areas that saw the biggest impact from Hurricane Sandy, Time Warner Cable and other service providers are rushing into the morass to fix their triple-play services and ease subscribers’ frustrations.
Speaking during a panel discussion on the future of LTE, Asok Chatterjee said the standard’s update is set to include Wi-Fi offload, methods to minimize drive tests, enhanced self-organizing network technology and methods to improve the technology's use for M2M, among other items.
Cogeco Cable reported higher revenue but lower profit, a decrease attributed largely to higher taxes resulting from changes in Canada’s tax code. Revenue in the company’s fourth quarter increased by 6.2 percent to reach $324.8 million; profit was $45.7 million.