OFS, a provider of fiber cables and products for the telecom industry, and the Communications Workers of America (CWA) union recently reached a new labor contract agreement.
As large service providers like AT&T and Verizon move forward with their virtualization plans to simplify service delivery and activation, IHS Markit forecasts that the NFV market will scale from $2.7 billion today to $15.5 billion by 2020.
Wireless industry insiders in the U.S. love to argue about carrier factors such as promotional campaigns, ARPU and price per gigabyte (as evidenced by the recent dust-up regarding Verizon's recent price hikes). But a new research note from MoffettNathanson argues investors shouldn't pay too much attention to those variables when it comes to picking carrier stocks.
Verizon is facing two hearings with the New Jersey Board of Public Utilities to address problems that a number of residential and business customers have had with its DSL service.
U.S. carriers were more concerned about fully monetizing their existing users than they were about poaching rivals from the competition during the second quarter of 2016, Barclays analysts say, which likely means the market will remain relatively unchanged from the first quarter. But the space could heat up in a major way during the second half of the year.
While the Wi-Fi Alliance has taken plenty of heat for not moving fast enough on the LTE-U/Wi-Fi Coexistence Test Plan, Broadcom is reminding FCC staff that indeed, the program is proceeding at a faster pace than the typical Wi-Fi Alliance program.
Verizon said it will launch a service that enables prepaid smartphone customers to stay connected at lower speeds after they've consumed their LTE data allotments.
Final bids for Yahoo's core internet business are due Monday, according to The New York Times, and the board plans to make a decision on the fate of the assets "soon afterward." Verizon and AT&T are among the final bidders as well as several private equity firms and a consortium led by the founder of Quicken Loans who's backed by Warren Buffett's Berkshire Hathaway.
The Communications Workers of America union, which represents wireline employees for telcos including AT&T and Verizon, gave mixed reviews to the FCC's newly adopted Tech Transitions Order, which includes action to streamline telecom providers' requests to discontinue legacy voice services.
Verizon said that its new pricing plans, introduced last week, are more popular among new and existing customers than either the "Verizon Plan" it introduced in 2015 or the "Share Everything" plan Verizon introduced in 2012. Specifically, the carrier said that nearly 95 percent more customers signed up to be on the new Verizon plans during the past week than during the first week of availability of Share Everything in 2012. Verizon added that customers during the past week brought more than double the amount of lines than they did on Share Everything during that plan's first week of availability.