Verizon is buying a CDN. The carrier said its Verizon Digital Media Services group agreed to buy EdgeCast Networks, a content delivery network based in Santa Monica, Calif.
Philippe Dauman, Viacom's CEO, said Monday that he expects that a virtual pay TV distributor could launch next year. "I think there's a very strong chance of that," Dauman said at the end of the UBS Global Media and Communications Conference in New York, when asked if 2014 would be the year that a virtual MVPD would finally debut.
AT&T is fighting a new request from its shareholders to disclose government requests for customer information, saying that the inquiry is an attempt to micromanage the service provider.
Lowell McAdam, CEO and chairman of Verizon, put another nail into the FiOS expansion idea, saying at an investor conference on Monday that the carrier will continue to focus on expanding service availability in existing markets.
Verizon Communications is talking to professional sports leagues and programmers about possibly streaming video wirelessly to subscribers, CEO Lowell McAdam said at an investor conference Monday. "I predict within the next two years you'll see some dramatic changes in viewership," McAdam said at the UBS Global Media and Communications Conference in New York.
Sprint has a stable financial outlook, but its financial profile will remain weak through at least 2014 as industry trends and competitive pressure conspire to keep the company from fully exploiting its network investments and spectrum holdings, according to Fitch Ratings.
Stadiums, indoor sports arenas and other large multi-use entertainment venues continue to be attractive locations for rollouts of distributed antenna systems (DAS). The massive Verizon Center in Washington, D.C., is representative of that trend as it will soon have a new DAS built by Mobilitie.
Verizon said Thursday that it has struck deals with programmers that will allow it to stream an additional 16 networks to subscribers using its FiOS Mobile app outside the home, including NFL RedZone, AXS TV, Showtime, Starz, Encore, beIN Sport and Encore.
Reports of spectrum interference causing problems for LTE networks are growing more commonplace, with everything from fluorescent lights to electric cash registers being implicated. In the latest twist, Verizon Wireless LTE data service is getting the blame for interfering with some channels delivered over the Time Warner Cable system in Raleigh, N.C.
Cablevision could soon face new competition in the Long Island town of Glen Cove, N.Y., where Verizon is seeking a cable franchise for its FiOS TV service.