Ericsson today posted a second quarter profit of $394 million despite curtailing LTE rollouts by major North American carriers. Revenue for the quarter came in at just over $8 billion, which beat analyst expectations. In a press release, the Swedish equipment maker said sales in the quarter were mainly driven by continued capacity projects in North America and growth in the Middle East, China and India.
Comcast is apologizing after a tech-savvy California customer posted eight minutes of telephone conversation online in which he tried repeatedly to get a customer service representative to disconnect his service. The customer, Ryan Block, succeeds in getting the unidentified Comcast rep to agree to disconnect his service, but only after the rep repeatedly asks Block for a reason.
Cisco’s Rob Lloyd and Liberty Global’s Mike Fries have been added to the list of featured speakers for the Denver edition of SCTE Cable-Tec Expo Sept. 22-25. Lloyd, president, development and sales for Cisco, will be on center stage on Sept. 23 at Expo while Liberty Global president and CEO Fries will follow on Sept. 24.
This month Cox Communications promoted Leigh Woisard and George Richter—the company’s top execs for communications and supply chain, respectively—to senior vice president positions. Woisard was promoted to senior vice president of corporate communications and public affairs while Richter was upped to senior vice president of supply chain management.
Choice Hotels International has picked Comcast Business as a qualified vendor for its triple play service offerings. Choice Hotels has more than 5,000 franchises located across the nation including brands such as Comfort Inn, Comfort Suites, Quality Inn, Sleep Inn, Clarion, Cambria Hotels & Suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge, Rodeway Inn and Ascend Hotels.
Former New Orleans Mayor and Cox Communications executive Ray Nagin was sentenced Wednesday to 10 years in prison for bribery, money laundering and other corruption that spanned his two terms as mayor — including the chaotic years after Hurricane Katrina hit in 2005. U.S. District Judge Helen Berrigan handed down the sentence Wednesday morning.
Samsung Electronics Co. said operating profit declined to a two-year low in the second quarter, hit by the strong local currency and slowing demand for smartphones in China. The result highlights how dependent the company has become on smartphones for its earnings. Sales growth in high-end Android devices has waned after several years of rapid expansion.
T-Mobile US knowingly made hundreds of millions of dollars off its customers in potentially bogus charges, federal regulators alleged Tuesday in the first lawsuit of its kind against a wireless provider. The lawsuit by the Federal Trade Commission demands that T-Mobile refund the money to consumers for subscriptions to premium text services such as $10-per-month horoscopes that were never authorized by the account holder.
Charter Communications has broadened its outreach to the nation’s military veterans through a new partnership with Recruit Military. Recruit Military is a full-service military-to-civilian recruiting firm for all branches and ranks of the armed forces. Its services are provided for free to veterans.
The Society of Cable Telecommunications Engineers (SCTE) announced this morning that it had hired cable industry veteran Dean Stoneback as senior director of engineering. Before joining the SCTE, Stoneback served as senior technical marketing manager at Arris, and as senior manager, systems engineering, at Motorola prior to its acquisition by Arris.
Liberty Global announced this morning that it had made its formal bid on Ziggo and that Baptiest Coopmans will be Ziggo’s new CEO once the deal is done. Liberty also said that Bert Groenewegen would continue as Ziggo’s CFO. Coopmans won’t assume his new position until after the deal closes, which could take place later this year.
Suddenlink Communications has named Jared Sonne as its senior vice president of operations for its North Carolina region, which is based in Greenville. Sonne will replace Phil Ahlschlager, who is retiring on July 1. Sonne most recently served as vice president of operations for Suddenlink in East Texas and Oklahoma, based in Tyler, Texas.
The German government is ending a contract with Verizon over fears the company could be letting U.S. intelligence agencies eavesdrop on sensitive communications, officials said Thursday. The New York-based company has for years provided Internet services to a number of government departments, although not to German security agencies, said Interior Ministry spokesman Tobias Plate.
The Society of Cable Telecommunications Engineers (SCTE) announced this morning a new power and energy program that was designed to insure that cable operators remain competitive over the coming years. The new program is called “Energy 2020” and it’s under the auspice of the SCTE Energy Management program. Energy 2020 replaces the SCTE’s SEMI with a much more inclusive energy management program.
The fair disclosure law propelled the streaming media marketplace. For the first time, a ready source of funds was available and eager to flow toward a nascent medium that had struggled to find a working monetization model. Corporate America was about to inject serious money into a media delivery platform that badly needed funding.
James Nuzzo is the latest former Cablevision executive to join his former Cablevision boss, Tom Rutledge, at Charter Communications. Nuzzo has boarded Charter as executive vice president, business planning and will report to Charter COO John Bickham, who is also another former Cablevision executive.
Shaw Communications is fighting an uphill battle according to analysts, who say its heavy reliance on television puts it at a disadvantage to other telecommunications companies that also offer wireless services. The Calgary-based company is expected to report Thursday an improvement on the three previous quarters, but opinion is split on whether the third quarter will be a blip or signal a return to growth.
An Android update, wearable gadgets and so-called smart home devices are just some of the innovations Google is likely to show off at its two-day developer conference, which begins Wednesday in San Francisco. In recent years, the conference has focused on smartphones and tablets, but this year Google's Android operating system is expected to stretch —into cars, homes and smartwatches.
Cox Business plans on having an indoor small cell service available this year with the initial elements of an outdoor offering in place later this year and into the first half of 2015. With mobile network operators (MNOs) looking to extend the reach and speeds of their 3G and 4G services, small cell deployments could be the next big thing for cable operators, but coming up with a specific game plan has been a work in progress.
Among cable operators’ triple play services, voice offerings are somewhat taken for granted these days as consumers migrate to cell-phone only use, but there are still landline innovation opportunities to be had. A case in point is Cablevision’s new HD phone service, which is available for free to its Optimum Voce subscribers.
Comcast Business is serving up its data and cloud-based voice services to a non-profit farming organization located in the heart of the nation’s premier winemaking region. The Sonoma County Farm Bureau will use Comcast Business’ services to keep area farmers and ranchers in Sonoma County connected with each other and the world at large.
Amazon set out to do something different with the unveiling of its first smartphone Wednesday. How about a completely new way of interacting with your phone, for starters? As part of the showcase of its brand new "Fire Phone," Amazon.com Inc. took the wraps off a feature it calls "dynamic perspective." Turns out, it's more than just a gimmick that allows you to see in 3-D.
According to a new opinion poll released this morning by the Consumer Reports National Resource Center, most citizens are against the proposed coupling of Time Warner Cable and Comcast. The poll showed that 11 percent of the public supported the merger, 56 percent opposed it and 32 percent had no opinion either way.
T-Mobile is jumping into the music streaming game with a price and a package of features that set it apart. At its "Un-carrier" event Wednesday, the fourth-ranked mobile carrier said customers of its Simple Choice plan will be able to stream music from popular services like Pandora, Spotify, Rhapsody, iHeartRadio, iTunes Radio and Slacker without it eating into their high-speed data caps.
Amazon has introduced a new smartphone that seeks to help consumers locate and purchase products and services from the nation's largest e-commerce company. The Fire phone comes with audio and object recognition technology, known as Firefly, to guide users to Amazon's stores.