Sprint on Tuesday unveiled second quarter earnings that showed record revenues of $8.8 billion, but the company couldn't stop the bleeding that has resulted from the shuttering of its Nextel iDEN network. While Sprint said it has managed to migrate 4 million iDEN subscribers over to the Sprint platform, the June 30th closing of the push-to-talk network contributed heavily to a $1.6 billion loss.
Charter Communications said it is now making available a Wi-Fi router from NetGear designed to support recent usage patterns that include more people in a household connecting more devices simultaneously. Charter WiFi is available to new and current customers who subscribe to either the company’s 30Mbps or 100 Mbps tiers.
LG Electronics' latest quarterly report underlined challenges facing global electronics makers as weak TV demand and stiffer competition in smartphones undermine profit. The results Wednesday showed an 8 percent decline in April-June net profit.
Apple has bought online mapping services HopStop and Locationary as part of its ongoing effort to create a more formidable alternative to Google's navigation system. The acquisitions confirmed Friday give Apple Inc. more tools to round out the maps that it embeds in the mobile operating system running its iPhones and iPads
Verizon reported that for its second quarter, it netted gains of 161,000 FiOS Internet and 140,000 FiOS video subscribers. Those video adds push Verizon’s video subscriber total up above 5 million. Net income at Verizon Communications was $2.25 billion, or 78 cents per share, up 23 percent from a year ago.
Verizon Wireless, the country's largest cellphone carrier, on Thursday said it's joining AT&T and T-Mobile in providing an installment plan for its phones, aiming to satisfy customers who want to upgrade their devices faster or avoid paying the upfront cost of their phones.
In an effort to spur development on smartphones and tablets, Dish Network announced this morning that it has opened up its third-party application programming interface (API) to developers. Starting today, developers that gain Dish’s approval can access many of the same multi-screen APIS that Dish uses on its Dish Explorer mobile app for the satellite company’s whole-home Hopper DVR platform.
On the heels of AT&T’s late Friday announcement of its plans to buy Leap Wireless for approximately $1.2 billion, talk of a possible counter-bid from Verizon has already surfaced. The Street cited Citigroup analyst Michael Rollins as saying Verizon might submit a higher offer for Leap.
The Norwegian Space Center has teamed up with Telenor Satellite Broadcasting to assess the feasibility of a new satellite system covering northern areas outside the reach of current geostationary communications satellites. Demand for high-speed Internet in the Arctic is expected to grow as shipping, fishing and oil companies move north amid warming temperatures and melting ice.
Cox Communications and Verizon Wireless have launched their combined offering of cable, phone, Internet and wireless services in the Gulf Coast area, which includes South Louisiana and the Florida Panhandle. 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.
The FCC has given its blessing to SoftBank’s $21.6 billion merger bid for Sprint and Sprint’s $5 per share buyout bid for Clearwire. In the order, the Commission concluded that the proposed transaction will likely result in public interest benefits.
For most people, the phone line's demise will have little impact. But there are pockets of the country where copper lines are still critical for residents. As a result, state regulators and consumer advocates are increasingly concerned about how the transition will unfold.
While Comcast announced last month that it would open up a separate, public Wi-Fi network on customers’ home gateways, Liberty Global’s UPC Netherlands also has second SSIDs enabled. Since most of UPC’s cable plant is underground, it needed to find another way to turn on more Wi-Fi hotspots.
Tribune Co. has reached a deal to buy Local TV Holdings LLC's 19 TV stations for $2.73 billion in cash, significantly boosting its television business as it looks to sell its newspaper operations. The company said the acquisition makes it the No. 1 local TV affiliate group in America.
Dish was far from winning over Clearwire investors to its offer anyway. Sprint earlier this month announced that Clearwire had accepted Sprint’s raised bid of $5 per share to buy out Clearwire, a deal that values Clearwire at approximately $14 billion and represents a 47 percent premium over Sprint’s previous offer of $3.40 per share.
Time Warner Cable plans to have 1,000 Wi-Fi access points live in Manhattan by the middle of next month, and will also allow free access to all of its New York City-area hotspots during Major League Baseball’s All-Star Week. The nation’s second-largest cable operator plans on adding up to 10,000 more access points in the four New York boroughs it serves by the end of the year.
A network operator in Hong Kong is upgrading its Wi-Fi network to the latest generation of the wireless technology, 802.11ac, using Cisco’s service provider Wi-Fi products. PCCW-HKT plans to deploy the Cisco Aironet 3600 Series wireless access point. Using the 802.11ac standard, the Aironet 3600 Series is able to support up to 1.3Gbps of throughput.
sterday in the Denver suburb of Centennial, Time Warner Cable broke ground on expanding its National Data Center West facility. The expansion comes with a price tag of $85 million and the revamped data center is slated to go live in January of 2015.
The Malaysian company has activated a global CDN service that can deliver both live and on-demand content and can also perform ad insertion on behalf of clients, including over the top (OTT), web TV, and mobile service providers. Technology partners include SeaWell Networks, Elemental Technologies, Minerva, Verimatrix, and VuBiquity.
Cox Business announced this morning it will launch its Hospitality WiFi service across its footprint later this year. Cox has been offerings its business-grade Wi-Fi in Las Vegas hotels and casinos for several years, as well as in other portions of its footprint.
Zeebox is using Digitalsmiths’ video discovery technology, called Seamless Discovery, across all platforms that the former supports. The range of second-screen applications now includes search and discovery; the Zeebox "Recommended For You" feature delivers personalized recommendations based on individual viewing behavior.
Sprint today announced that Clearwire has accepted Sprint’s raised bid of $5 per share to buy out Clearwire. The new deal values Clearwire at approximately $14 billion and represents a 47 percent premium over Sprint’s previous offer of $3.40 per share. Clearwire’s board has accordingly adjusted its recommendation and is advising shareholders to vote against Dish’s competing tender offer of $4.40 per share.
Sprint has filed a complaint against Dish and Clearwire, asking the courts to put the brakes on Dish’s tender offer to Clearwire. Sprint said “DISH has repeatedly attempted to fool Clearwire’s shareholders into believing its proposal was actionable in an effort to acquire Clearwire’s spectrum and to obstruct Sprint’s transaction with Clearwire.”
Dish’s vice president of wireless networks sees the unique potential for Dish to offer a combined television and broadband service for underserved customers. David Zufall noted that from an end-user perspective, it’s very similar to other broadband services except that it’s coming via a wireless network and not cable, copper or fiber.
Netgear is sampling a MoCA-to-Wi-Fi extender based on Entropic’s silicon and software. Netgear’s WM2500RP extender is designed for service providers to use to boost coverage in whole-home video and data installations. The device delivers more than 400 Mbps of usable MAC (medium access control) throughput.