When Level 3 completes its $5.7 billion acquisition of tw telecom later this year, five members of its top management team could get cash-and-stock payouts valued at $88 million, reports The Denver Post.
Mobile apps, including those that drive TV Everywhere and online video services, have exploded across the wireless market and often top innovation lists. But Wi-Fi and cellular technologies are coming back to the forefront this year.
Live streaming of sporting events is continuing to pick up steam, with World Cup soccer viewing driving spikes even higher than February's record-setting Sochi Olympics.
AT&T has reached an agreement with the city of Raleigh, N.C., to be the next market where it will provide its 1 Gbps U-verse with GigaPower fiber to the premises (FTTP) service.
Dubai-based operator du said it has signed a deal with Nokia to deploy the network manufacturer's IP Multimedia Subsystem (IMS) technology in preparation for the launch of IP-based services including voice over LTE (VoLTE).
Carphone Warehouse, which is in the throes of a £3.8 billion (€4.7 billion/$6.38 billion) merger with Dixons Retail in the UK, is reportedly on the verge of launching a mobile virtual network operator in Ireland to take advantage of new MVNO rules in this market.
Though the Open Networking Forum (ONF) is still in the early days of specifying requirements for wireless transport through its Wireless and Mobile Working Group, which was announced in January, early virtualized backhaul solutions could be ready for trials in 2015 with production products arriving in the 2016-2017 time frame, according to Ran Avital, vice president of strategic and product marketing at wireless hauling specialist Ceragon Networks.
Cisco Systems is betting on the shift to Software-Defined Networking and is buying startup networking vendor Tail-f Systems for $175 million. The deal comes amid the start of a major shift in network design to SDN and Network Function Virtualization.
Cisco has added another element to its virtualization and cloud service portfolio by reaching a deal to acquire privately held Tail-f Systems, a developer of network service orchestration products for traditional and virtualized networks, for $175 million.
In the cloud infrastructure market, Cisco continues to cling onto its No. 1 position, marginally increasing the gap between second-ranked HP, according to first-quarter data from Synergy Research Group.