Verizon Communications was opened up to the possibility of selling its wireless towers because of AT&T's agreement last year to sell and lease 9,700 of its cell towers to Crown Castle in a $4.85 billion deal, according to Verizon Communications CFO Fran Shammo. Financial analysts think that Verizon has around 12,500 to 15,000 towers and could be looking to sell a substantial portion of those.
Time is speeding up in the wireless industry. Though advanced markets have rolled out significant LTE and LTE Advanced footprints, many markets worldwide are just now dipping their toes into the LTE pool. Nonetheless, the collective industry already has 5G on its mind, with most pundits calling for requirements and specs to be laid out in the next couple of years in time for commercial rollouts in little more than five years.
Frontier says that its pending acquisition of AT&T's Connecticut operations, which will close on Oct. 15 when it gets approval from Connecticut's Public Utilities Regulatory Authority (PURA), reflects its desire to seek out deals that scale its operations.
Commenters applauded a federal government proposal to set up a public-private partnership that would create a model city for testing spectrum-sharing policies and technologies.The plan was floated in July by the FCC and the National Telecommunications and Information Administration (NTIA).
Belying his company's earlier claims that its proposed purchase of DirecTV could yield synergies of around $1.6 billion in regard to programming acquisitions, AT&T C hief S trategy Officer John Stankey said content costs could actually increase for the combined company if AT&T's ambitious programming goals are realized.
AT&T is on track with completing the upgrades to its last mile network to support both new U-verse video and broadband customers and new fiber-based connections as part of its Project VIP initiative.
AT&T Mobility is expecting a strong third quarter in terms of churn and overall results, according to a senior AT&T executive. "We're not the victim in the quarter," AT&T's John Stankey said.
ATIS has introduced its new Network Functions Virtualization (NFV) Forum to address the ongoing movement from hardware to software-centric networks and the growing virtual network operator movement concept.
The FCC said that it received 3 million comments about the proposed net neutrality rules as it approached yesterday's deadline for comments.
Three Connecticut city mayors from New Haven, West Hartford and Stamford have come together in hopes of creating a 1 Gbps-capable open access fiber-to-the-premises (FTTP) network for the state.