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AT&T battles legacy losses with U-verse, strategic IP business gains

AT&T reported that U-verse was the star performer in the wireline portfolio, rising 21.9 percent year-over-year in the fourth quarter of 2014, driving up residential wireline revenues slightly 0.1 percent to $5.6 billion.

State groups, lawmakers say FCC has no authority to overturn anti-municipal broadband laws

A call made by President Barack Obama to the FCC asking the FCC to overturn a series of existing 20 existing state laws that either prohibit or outright ban cities and towns from building and operating their own broadband network businesses will face a number of legal challenges.

Report: TE Connectivity considers selling network business to CommScope for $3B

TE Connectivity is looking to sell its telecom and data equipment business to CommScope in a deal that could fetch nearly $3 billion, reports The Wall Street Journal, citing people close to the two companies.

Time Warner Business lights up 10G speeds for Manhattan's One World Trade Center

Time Warner Cable Business Services (TWCBS) is giving current and new business customers that reside at One World Trade Center in Lower Manhattan the ability to access 10 Gbps Internet speeds.

Report: Google Fiber to roll out 1 Gbps service in four Southeast cities

Google Fiber is going to bring its 1 Gbps fiber-to-the-home (FTTH) service to four new metro areas, reports The Wall Street Journal, citing two people close to the issue.

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FierceCable

AT&T reported the addition of 73,000 U-verse TV subscribers in the fourth quarter, a significant decline from the 194,000 added in the same period of 2013. In its full year and Q4 earnings call with investors Tuesday, the conglomerate attributed the decline to a "strategic move to improve profitability" by concentrating on subscribers with lower churn rates.

FierceWireless

Apple posted a blowout holiday quarter with sales of 74.5 million iPhones and $18 billion in net profit. The results were way above forecasts from most Wall Street analysts. "We'd like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high," said Tim Cook, Apple's CEO. "Our revenue grew 30 percent over last year to $74.6 billion, and the execution by our teams to achieve these results was simply phenomenal."