Verizon will release its second-quarter earnings results July 19 and, according to Wall Street analysts, should meet expectations. But Alcatel-Lucent, based on statements made this week, may not do so well.
AT&T and Verizon finished one-two atop a list of "Investment Heroes" compiled by economist Diana Carew and chief economist Michael Mandel for the Progressive Policy Institute, an independent research institution.
AT&T has solved at least a portion of its ongoing labor negotiations problem by agreeing to a one-year labor contract extension for about 7,000 workers. The one-year extension—until June 22, 2013—covers the International Brotherhood of Electrical Workers (IBEW) and changed nothing in the current contract, AT&T said in a story reported by Reuters.
Recent mobile service interruptions might be a sign of things to come as networks succumb to traffic overloads that disrupt signaling, or they might just reflect the intricacies that can sometimes trip up network engineers conducting network tweaks and upgrades. More likely, the outages could be a due to a combination of both issues.
Verizon Wireless' new shared-data plans received a thumbs-up from Fitch Ratings, which said the billing packages will "encourage additional uptake of multiple data devices."
FCC Chairman Julius Genachowski is preparing to recommend the FCC approve Verizon Wireless' $3.9 billion deal to acquire AWS spectrum from SpectrumCo (a joint venture of cable companies Comcast, Time Warner Cable and Bright House Networks) and Cox Communications, according to a report in the Wall Street Journal, which cited unnamed people familiar with the matter.
According to the reports, the DoJ is concerned that Verizon's cable deals will tamper competition in the market, largely due to the resale agreements and technology develepment plans between Verizon and the cable companies. Are the DoJ's concerns valid or not? Poll
The FCC said Thursday that it will release a report that will detail the broadband speeds offered by Comcast, Time Warner Cable, Verizon, Cablevision, CenturyLink, Frontier, and other broadband ISPs on July 19.
History Channel said it will let subscribers bid on antiques featured in its new Picked Off series through an agreement it has with t-commerce technology vendor Delivery Agent.
A recent FCC filing by the emergency communications director for the city of Durham, N.C., has helped shed additional light on the demand for a text-to-911 service. Durham--which launched an SMS-capable 911 service in August 2011 with Verizon Wireless and Intrado--has received only one SMS to its 911 call center.