Verizon is close to reaching a deal to sell off wireline assets that are worth $10 billion to Frontier Communications, reports Reuters, citing a person familiar with the talks.
The FCC says that Chairman Tom Wheeler's draft order to create net neutrality rules that would reclassify broadband Internet access under Title II has the legal footing it needs to withstand any legal challenges that telcos like AT&T and Verizon plan to launch once the rules come out.
FCC Chairman Tom Wheeler revealed that his proposed new net neutrality rules will reclassify broadband as a telecommunications service under Title II of the Telecommunications Act.
AT&T is continuing its wireline asset sale roll with plans to sell some of its data centers in a deal that could fetch $2 billion, reports Reuters, citing people close to the talks.
Verizon has once again found itself fighting copper thieves in Western, Pa., so it is offering a reward for up to $50,000 to apprehend whoever is responsible for stealing cable in Beaver, Fayette, Lawrence and Washington counties.
Verizon is nearing the completion of deals to sell off various assets, including wireless towers and elements of its wireline business that could fetch the company $10 billion, reports The Wall Street Journal, citing people close to the matter.
PEG Bandwidth is one of the many competitors that are willing to provide dark fiber services to wireless operators like Verizon Wireless, but the company is seeing some carriers put their plans on hold.
Giving a nod to the enormous number of Internet-connected devices expected to hit the streets by the year 2020, Verizon said it's launching a new enterprise portal for its Managed Certificate Services (MCS) platform that offers digital certificate creation and management capabilities for large-scale Internet of Things (IoT) deployments. And by "large scale," it means in the "tens of millions."
The FCC is looking to tighten the rules regarding the interconnection terms service providers like Verizon ask for to accept bandwidth-hungry Web traffic from third party providers like Netflix, reports Bloomberg citing an unnamed person close to the proposal.
Cablevision announced Thursday that it has filed a lawsuit against Verizon in federal court for the Eastern District of New York, alleging that the telecom made false and misleading claims about the MSO's Wi-Fi service in ads.