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.
Amazon, a company of seemingly boundless ambition, appears to be venturing into yet another market: smartphones. The corporate juggernaut that started out with books and soon moved into music, video, cloud computing and Kindle e-readers is hosting a launch event Wednesday in Seattle, and media reports indicate the product will be an Amazon phone — perhaps one with multiple cameras that can produce 3-D photos.
The executive leadership team of SpinCo continues to coalesce with current Time Warner Cable treasurer and former Insight Communications exec Matthew Siegel slotted for the chief financial officer position. Charter Communications and Comcast announced this morning that Siegel would assume his new role once the Comcast/Time Warner Cable deal and the Charter/Comcast transactions were completed.
Special Report from Genband’s Perspectives conference: Fring’s core business is allowing a service provider—including a cable operator—to take full advantage of a network that might include fixed or mobile wireless voice and definitely includes broadband as a way to give consumers the flexibility to use whatever services they may want anywhere they may want.
TDS Telecom is pushing its VoIP service for businesses beyond its traditional CLEC footprint by teaming up with vendor Bandwidth. The expanded service will connect corporate headquarters, branch offices and teleworkers in single or multiple state locations.
AT&T is trying to gain traction for its $49 billion acquisition of DirecTV by sending up a trial balloon that it could offer the NFL’s Sunday Ticket to its wireless phone subscribers. The Wall Street Journal reported last week that AT&T’s management floated the possibility of offering NFL Sunday Ticket to its phone subscribers without having it count against their data caps.
Austrian service provider Liwest Kabelmedien has deployed Arris’ flagship E6000 Converged Edge Router and TG682 cable modem/gateway in order to deliver a 250 Mbps service to its subscribers. By deploying Arris’ E6000, which is based on the cable industry’s converged cable access platform (CCAP), Liwest said it was future-proofing its investment en route to offering a 1 Gbps service down the road.