News

Mitel raises its ShoreTel offer to $8.50 per share in cash, stock

Mitel has taken another stab at acquiring competitor ShoreTel, raising the price of its acquisition bid to $8.50 per share in cash in stock, a proposal that represents an overall value of about $574 million.

President Obama throws support behind the FCC's Title II broadband reclassification option

President Barack Obama issued a new statement telling service providers they need to ensure that the Internet remains free and open to any consumer.

Google Fiber readies 1-Gig offering for Kansas City businesses

Google Fiber has begun reaching out to local businesses in the Kansas City area to see if they would like to get a 1 Gbps service, reports the Kansas City Business Journal, citing a mailer about the new offer.

Seven Colorado cities get green light to build municipal broadband networks

Colorado may give hope to other states that are looking to build municipal broadband networks as seven of the state's communities voted earlier this week to let their local government entities offer broadband services.

Zayo's FY Q1 revenues grow 32% on acquisitions and organic growth

Zayo reported that its fiscal year first-quarter revenue rose 32 percent sequentially on an annualized basis to $320.6 million due to acquisitions and internal organic growth.

AT&T's Stephenson appeals directly to FCC's Wheeler to not reclassify broadband under Title II

Randall Stephenson, AT&T's CEO, met with FCC Chairman Tom Wheeler earlier this week asking him to not reclassify wireline broadband services under Title II of the Communications Act.

Netherlands leads with in-home Wi-Fi connectivity, says Strategy Analytics

When it comes to in-home Wi-Fi adoption, a new Strategy Analytics study reveals that consumers in the Netherlands are leading the charge, with France ranking No. 7, the U.S. at No. 11 and the UK at No. 4.

Verizon's cloud platform gets FedRAMP authorization from Health and Human Services

Verizon Enterprise Solutions' cloud computing platform strengthened its bond further with its government agency customers by gaining the authority to operate from the U.S. Department of Health and Human Services, under the Federal Risk and Authorization Management Program.

Lumos' fiber-to-the-cell site connections rise, but Q3 revenues decline to $50.5M

Lumos' fiber-to-the-cell (FTTC) site momentum continued into the third quarter, with the company reporting that it now has a total of 708 cell sites connected to its fiber network, up 31 percent year-over-year amidst a fall in overall revenues.

FCC says programmers can't limit access to documents during merger reviews

The FCC has told top media conglomerates that they can't restrict access to individuals who want to see deal-related documents as part of ongoing pay-TV merger reviews. As reported in FierceCable citing a Multichannel News article, the FCC said that the programmers--which include Disney, Fox, Time Warner Inc. and Viacom--provide no real argument as to why they should deny 245 individuals access to the documents.

Windstream's enterprise, consumer gains help ease pain of declining legacy business losses

Windstream's ongoing move to establish a greater foothold in the medium-sized business market continues to bear fruit as the service provider reported in third-quarter 2014 earnings that enterprise and small business service revenues were $752 million, up slightly year-over-year.

Level 3 adds Google's Cloud platform to its ecosystem

Level 3 has enhanced its growing presence as an enabler of cloud services by adding Google's Cloud Platform, which enables developers and enterprises to build, test and deploy applications on Google's infrastructure, to its Cloud Connect Solutions ecosystem.

C&W Communications' $1.5B bid for Columbus enhances its Caribbean, Central America presence

C&W Communications has reached an agreement to acquire privately owned fiber provider Columbus for $1.85 billion, a deal that it says will expand its presence in the Caribbean, Central America and Andean region with new consumer business service capabilities.

Is Sprint's wireline division heading for the auction block?

Emerging news that Sprint is considering selling off its struggling wireline business should be of no real surprise, particularly as its new owners at Softbank have made it clear that becoming a bigger threat to AT&T Mobility and Verizon Wireless in the wireless market is their key priority.

Vonage enhances business play with $114M Telesphere acquisition

Vonage has reached a deal to acquire communications-as-a-service provider Telesphere Networks for $114 million, another move in its ongoing mission to take a larger piece of the growing small to medium business (SMB) sector.

CenturyLink plans to extend IPTV into new markets in 2015

CenturyLink has reiterated its plans to bring its growing Prism IPTV service into new markets next year as it continues to work with various communities to establish new franchise agreements.

Level 3's enterprise revenues offset weaker wholesale results

Level 3, which has just completed its acquisition of tw telecom, reported that Core Network Services (CNS) revenue rose 5.8 percent to $1.48 billion, helping to offset ongoing declines in its wholesale business.

Sizing up how Verizon, AT&T, Sprint, T-Mobile and TracFone performed in Q3

As the third-quarter 2014 earnings season winds down, FierceWireless is taking a look at how the top U.S.-based wireless operators performed. In partnership with Jackdaw Research analyst Jan Dawson, this new report takes a deeper dive look into how Verizon Wireless, AT&T Mobility, Sprint and T-Mobile US performed in the third quarter.

FairPoint's Q3 Ethernet revenue gains help offset local, long-distance voice losses

For FairPoint Communications, Ethernet continues to be a key element in its financial results, and the third quarter of 2014 was no exception.

Alaska Communications unveils 50 Mbps residential, business tier in Juneau

Alaska Communications is upping its broadband service offerings for both residential and business customers, announcing that it will now offer a 50 Mbps speed tier with unlimited data usage.