Windstream told investors that the broadband stimulus awards it received from the USDA Rural Utilities Service (RUS) will enable it to reach 75,000 rural households that up until now have had no broadband service.
Being bundled with broadband high-speed data will boost AT&T U-verse television going into the second quarter of the fiscal year, the carrier predicted in an update on its Project VIP network investment. The bundle, in fact, "reinforces the strategic rationale of AT&T's proposed acquisition of DirecTV," the company said.
The Federal Communications Commission is considering a change in the technical definition of the term broadband, increasing the threshold from its current level of 4 megabits per second to somewhere between 10 Mbps to 25 Mbps.
TDS Telecom is giving its Hollis, N.H., broadband customers more to smile about as it is now offering a 1 Gbps fiber to the home (FTTH) service, the first town in its territory to get the service.
AT&T is feeling encouraged by its initial rollout of its 1 Gbps fiber-based broadband service and a more favorable permitting process from local communities.
Cincinnati Bell's Fioptics fiber-based broadband continued its successful run in the first quarter of 2014 as revenues rose 43 percent year-over-year to $31 million.
The FCC's E-rate program has committed $450 million to support funding for libraries and schools, which it says is six times the amount approved last year by program administrator Universal Service Administrative Company (USAC).
DirecTV reported a 4 percent year-over-year revenue improvement in the first quarter when, worldwide, the satellite provider brought in $7.86 billion. But earnings per share fell to $1.09 compared to $1.20 a year previously, below analysts' estimates, as net income fell to $561 million.
TDS Telecom's One Neck IT Solutions subsidiary, which provides managed IT services and colocation, reported that revenues rose 77 percent to $63.1 million, up year-over-year from $28 million the same period a year ago.
AT&T reportedly talked to DirecTV recently about a merger. The potential move, valued at more than $40 billion, was first reported by The Wall Street Journal.