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Telecom News

Telecom news continually updated from thousands of sources around the net.

3 hrs ago | Reuters

AT&T, Chernin Group close to deal to buy YouTube network Fullscreen -tech blog

AT&T Inc and the Chernin Group are close to buying a majority slice of Fullscreen, in a deal that will value the popular YouTube video network at $200 million to $300 million, said tech blog Re/code, citing sources familiar with the target company.

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Related Topix: ATT, Cable & Satellite

4 hrs ago | NewsOK.com

Cheaper wireless plans cut into AT&T 2Q profit

AT&T posted lower net income for the latest quarter due to cheaper cellphone plans it introduced as a response to aggressive pricing from smaller competitor T-Mobile US.

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Related Topix: AT&T, Startups, Cable & Satellite, Versant, ATT, Cellphones

8 hrs ago | Sys-Con Media

Frontier Communications Appoints Paul Quick as Senior Vice President...

Frontier Communications Corporation , a leading provider of broadband, voice, data and satellite television services, today announced that Paul Quick has been appointed Senior Vice President and General Manager of its Connecticut operations.

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Related Topix: Frontier Communications, Cable & Satellite, ATT, Marketing

12 hrs ago | Brandon Sun

TSX to advance amid strong earnings news; BCE set to privatize Bell Aliant

The Toronto stock market looked to start the session positive Wednesday amid a multi-billion dollar deal in the telecom sector.

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Related Topix: Aliant, Cable & Satellite, BCE Incorparation, Bell Mobility, Wireless, Boeing, Beverages, PepsiCo, Financial Markets

13 hrs ago | The Winnipeg Free Press

BCE Inc. says it's privatizing region telecom affiliate Bell Aliant

BCE Inc. says it will buy the stake in affiliate Bell Aliant that it doesn't already own and will privatize the regional telecom company.

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Related Topix: Aliant, Cable & Satellite, BCE Incorparation, Bell Mobility, Wireless

18 hrs ago | WYMG-FM Springfield

Springfield AT&T Layoffs Total 188

Details about the layoffs come from a notice the company filed with the Illinois Department of Commerce and Economic Opportunity.

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Related Topix: AT&T, Startups, Cable & Satellite, Versant, ATT

Tue Jul 22, 2014

Reuters

UPDATE 1-Juniper forecasts third-qtr results below market estimates

Network gear maker Juniper Networks Inc forecast third-quarter revenue and profit below analysts' expectations, citing delays in closing sales deals at some North American customers.

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Related Topix: Startups, Juniper Networks, Computers

Brandon Sun

Analysts say Rogers job cuts could be good if they lead to revitalization

With Rogers Communications Inc. confirming that it has eliminated "several hundred middle management positions" as part of its Rogers 3.0 corporate revitalization plan, analysts say the Toronto-based company's new CEO Guy Laurence is taking necessary steps to shake up the company after a period of stagnation.

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Related Topix: Rogers Communications Inc., Aliant

Business Journal

How TW Telecom execs will fit in at Level 3 Communications

Broomfield's Level 3 Communications Inc. on Tuesday released details of a management structure that will be put into place after the purchase of TW Telecom is completed.

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Related Topix: Time Warner Telecom, Level 3, Level 3 Communications, Broomfield, CO

Park Record

Verizon 2Q profit rises 93 percent

Profit jumped to $4.32 billion from $2.25 billion, or 78 cents per share. Net income per share grew, but at a lower rate, to $1.01 per share from 78 cents per share.

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Related Topix: Verizon Communications, IT Services, Verizon, Entertainment, Drama, Television, Vodafone Group, Newfields, NH

ABC News

Comcast 2Q Earnings Top Views on Internet Hookups

Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.

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Related Topix: Cable & Satellite, Comcast, Arris Group

Brandon Sun

Comcast 2nd-quarter earnings top Wall Street as Internet hookup pace accelerates

Comcast Corp.'s second-quarter net income rose 15 per cent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.

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Related Topix: Cable & Satellite, Comcast, Arris Group

AmericanBankingNews.com

Vodafone Group plc Receives "Neutral" Rating from Nomura

A number of other firms have also recently commented on VOD. Analysts at Goldman Sachs cut their price target on shares of Vodafone Group plc from GBX 240 to GBX 230 in a research note on Monday.

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Related Topix: Vodafone Group

Mon Jul 21, 2014

Business Journal

Sprint costs show its market predicament

Sprint's smaller customer base means it costs the wireless carrier twice to serve each customer as industry leader Verizon Wireless, The Kansas City Star reports.

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Related Topix: Sprint Nextel, IT Services

The News-Star

CenturyLink raises flag at construction site

CenturyLink's Robert Collins and Yates Construction's Noah Miller, both veterans, raised the American flag atop the steel frame of the CenturyLink Technology Center of Excellence in a traditional 'topping out' ceremony.

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Related Topix: Qwest, Savvis, Cable & Satellite, CenturyTel, Monroe, LA

WLKY-TV Louisville

Oldham County slaying suspect arrested in New York

New York State Police and Watertown, New York, police have arrested a man in connection with the killing of an Oldham County taxi driver.

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Related Topix: Kentucky, L 3 Communication Holdings

Ledger-Enquirer.com

BlackBerry appoints new chief operating officer

Beard starts immediately and will be responsible for such things as marketing, BlackBerry 10 app development and customer care and quality.

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Related Topix: Marketing, Research in Motion, Computers

The Washington Post

Verizon launches rewards program a " but therea s a twist

Verizon Wireless is launching a nationwide loyalty program this week for its 100-million-plus subscribers.

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Related Topix: Verizon Communications, IT Services, Verizon, Marketing, Cellphones, Business News

Iol.co.za

Vodafone Egypt to invest $1.3bn on network

Vodafone Egypt will invest around 9.5 billion Egyptian pounds over the next three years to improve its network, its recently appointed chief executive said.

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Related Topix: Vodafone Group

ARMINFO news agency

Rostelecom services available in the center of Yerevan

From now on, Rostelecom services will be available in "Kentron" Community of Yerevan.

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Related Topix: Rostelecom, World News, Armenia

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