Citigroup says that after it finishes digesting AOL, Verizon should seek to acquire Dish Network. "This AOL deal suggests a legacy business did not get in the way of Verizon's strategic aspirations," wrote Citigroup analyst Michael Rollins in a report sent to investors last week, after Verizon announced its $4.4 billion deal to acquire AOL.
Verizon may get some landline relief in New Jersey: The state's utilities commission will likely move this week to lift some pricing regulations around basic residential telephone service, making it possible for the carrier to raise its rates for POTS (plain old telephone service) as much as 36 percent--and possibly higher, in time.
It looks like the pay-TV industry lost momentum during the first quarter. According to Leichtman Research Group, 13 of the largest pay-TV operators grew video subscriptions by less than 10,000 customers in the first quarter, illustrating a large slowdown from the 250,000 added in the first quarter of 2014.
Verizon is taking aim at cable's growing presence in the small to medium business (SMB) market by extending its new FiOS Custom TV service to local businesses that reside in its fiber-to-the-premises (FTTP) footprint.
Count Consumer Reports as not impressed by Verizon's attempt to create smaller, more flexible pay-TV bundles for customers. In a post published Wednesday, columnist Eileen McCoy described a frustrating scenario in which she paid more than she expected while missing out on channels that she regularly watches.
Verizon Communications' executive vice president of global public policy and communications, Randal Milch, announced he is retiring from the company later this month.
AT&T and the Communications Workers of America (CWA) have hammered out tentative agreements covering nearly 17,000 wireline employees in the Midwest.
Ever so slightly pulling up the veil on the pay-TV industry's shrouded program licensing deals, top pay-TV executives have agreed with Verizon's assertion that operators have the contractual leeway to at least conduct limited experiments with "skinny" bundles.
Verizon Communications' $4.4 billion acquisition of AOL, which a top Verizon executive has said is mostly about AOL's advertising technology, is raising new concerns that customers' privacy will be exploited in Verizon's push to create more targeted ads.
Boingo Wireless is still in the early days of rolling out carrier Wi-Fi offloading with Sprint, but its Wi-Fi technology is on about 10 million handsets today, growing to 40 million, including some of Sprint's other brands like Virgin Mobile.