Arris announced this morning that the United States Department of Justice (DoJ) had signed off on its $2.235 billion deal to buy Motorola Mobility’s Home division from Google.With the DoJ stamp of approval in hand, Arris has cleared all of the regulatory hurdles and expects the transaction to close “on or about April 17.”
Level 3 announced this morning that its board of directors had promoted chief operating officer Jim Storey to CEO. Storey takes over the tiller from longtime CEO Jim Crowe, who announced last month that he was stepping down by year’s end.
When it comes to revenue and capital expenditures, NTT still ruled the telecom service provider roost worldwide last year, according a recent study. Infonetics Research’s report said the world’s top-three service providers in 2012 by revenue were, in order, NTT, AT&T and Verizon.
In order to better serve businesses, Time Warner Cable Business Class (TWCBC) has expanded its fiber-optic build out in the New York City area to the West Shore of Staten Island. TWCBC partnered with the Staten Island Economic Development Corp. (SIEDC) to bring faster data speeds into the West Shore area.
Deutsche Telekom (DT) could potentially halt the final tally of the shareholder vote to approve the T-Mobile-MetroPCS merger if things don’t appear to be swinging in its favor. A Bloomberg report is citing people familiar with the matter as saying the delay could provide DT a chance to sweeten its bid.
Cox Communications and Verizon Wireless have launched their combined offering of cable, phone, Internet and wireless services in metro Phoenix, Southern Arizona and Las Vegas. The bundling deal, which was first announced in December of 2011, allows subscribers to pick their service preferences from a range of offers that include video, Internet, home phone and 4G LTE wireless services.
Shaw Communications and Alcatel-Lucent have laid claim on the first successful field trial in North America for 400 Gbps data transmissions over a live network. Using Alcatel-Lucent's 1830 PSS with the 400G Photonic Service Engine (PSE), the trial ran over a 400 kilometer route between Calgary and Edmonton in Alberta, Canada.
The company is deploying equipment from Edgewater to deliver its business VoIP and data services. Megapath provides managed data, voice, security and hosted IT services in North America, using T1 and Ethernet connections. It is now installing its T1 and Ethernet circuits using Edgewater’s EdgeMarc 4552 Series ESBC as a WAN access router.
In a letter to investors, MetroPCS today reiterated its call for shareholders to approve the proposed combination with T-Mobile USA. The letter comes after Institutional Shareholder Services Inc. (ISS), a proxy adviser firm, last week advised MetroPCS shareholders to vote against the proposed merger, citing the negative market response to the merge
Apple is seeking a patent for an iPhone that has a display that wraps around the edges of the device, expanding the viewable area and eliminating all physical buttons. The patent application reveals that Apple has put some thought into a device that takes advantage of a new generation of displays, which don't have to be flat and rigid like today's liquid-crystal displays, or LCDs.
Investors bet Thursday that T-Mobile USA will have to sweeten its proposal to merge with smaller cellphone carrier MetroPCS Communications Inc. after an influential shareholder advisory firm came out against the deal. Shares of Dallas-based MetroPCS, the fifth-largest U.S. cellphone company, rose 42 cents, or 4 percent, to $10.95 in midday trading.
Cisco Systems Inc. is increasing its dividend 21 percent, its second boost in less than a year. The San Jose, California-based technology giant will pay a 17-cent quarterly dividend on April 24 to shareholders of record April 8. That's up 3 cents from the last quarter.
The optical transport network (OTN) equipment market is well on its way to topping the $13 billion mark by 2017, according to a recent study by Infonetics Research. Last year the OTN transport and switching equipment market grew 8 percent to $7.3 billion with the bulk of that growth coming from the OTN switching segment, which was up 46 percent in 2012 from 2011.
Clearwire has opted to draw $80 million in funding for April from Sprint, as part of the carrier’s proposed offer to buy the WiMax provider for $2.97 per share. Clearwire accepted the draw for March despite Dish’s insistence it would withdraw its offer to buy the remaining half of Clearwire for $3.30 per share.
Lightpath, a division of Cablevision, has helped New York-based Westchester Community College connect its main campus to five remote locations with its fiber network. Using the Lightpath Education Services Suite, the college was also able to enable online registration for students, connect the security staff across locations, offer classes via VOD, and incorporate closed-captioning into lectures.
Time Warner Cable Business Class, the commercial services division of Time Warner Cable, has opened the doors on a new data center in downtown Manhattan to better serve its business customers. With the opening of the Manhattan data center, Time Warner Cable Business Class now operates nine data centers throughout the United States, and another in the United Kingdom.
John Malone’s Liberty Global has continued its recent shopping spree with today’s news that it has bought a 12.65 stake in Dutch cable operator Ziggo for about $808.3 million.Liberty Global, which announced last month it was buying Virgin Media in a cash and stock deal valued at $23.3 billion, bought 25.3 million Ziggo shares from Barclays Capital Securities Limited.
CSG International has inked a multi-year billing and customer care agreement with Comcast, but as a result of the new deal the vendor revised down its outlook for this year. CSG’s previous agreement with Comcast was slated to expire at the end of last year, but was extended until March while the two sides hashed out a new deal.
Buckeye CableSystem has opted for Motorola’s Apex300 edge QAM to help provision its VOD and switched digital video services (SDV). The Apex3000 will also put Buckeye on a migration path to the industry’s converged cable access platform (CCAP) down the road.
In order to better target the hospitality vertical, Comcast Business announced a partnership with celebrity chef Robert Irvine. Irvine is well known for his Food Network show “Restaurant: Impossible,” in which he helps struggling restaurants across the nation by assessing and overhauling their operational or personnel weaknesses.
Cox Communications recently promoted Kim Stanley and J.D. Myers to the positions of market vice presidents in two of its Cox Virginia systems. Stanley is market vice president, Roanoke Operations for Cox Virginia while Myers is now market vice president, Northern Virginia Operations.
T-Mobile’s new no-contract pricing plans are now live on the company’s website with plans starting at $50 for unlimited talk and text plus 500 MB of data. The plans add on $10 for each additional 2 GB and include mobile hotspot.
Driven by DOCSIS 3.0 and Wi-Fi, customer premise equipment (CPE) racked up its best year ever in 2012, according to a recent report by Infonetics Research. Based on strong EMTA shipments to North American cable operators, Arris remained the top dog in revenue in the DOCSIS 3.0 CPE segment, followed by Motorola, Cisco, Netgear and Ubee Interactive.
After more than 10 years at Midcontinent Communications, David Haigh will start his new job on Monday as Charter Communication’s regional vice president of inside plant. Haigh will be based in Madison, Wis. and will report to Sean Gallagher, vice president of corporate ISP.
System-on-a-chip (SoC) vendor Sigma Designs introduced its next-generation product portfolio, which is based on the Z-Wave wireless protocol, that was designed to improve the performance of home control devices. Sigma’s Z-Wave Next Gen product portfolio was designed for original equipment manufacturers (OEMs) and service providers interested in developing home control products and services.