Verizon's management retirees have gained class action status for their case against the telco's move to sell 41,000 protected pensions to The Prudential Insurance Company of America.
Joe Nacchio, the former CEO of Qwest who was convicted on 19 counts of insider trading in 2007, took one step towards his release from prison by entering a New York-based halfway house.
Aereo continues to live a charmed life. Multichannel video programmer distributors (MVPDs) of all stripes--including, but not limited to cable, satellite and IPTV service providers--are paying increasingly higher fees to retransmit over-the-air broadcasts of such stellar fare as Splash and Hell's Kitchen . Aereo, meanwhile, is allowed to grab those same signals off-air without a fee and present them to consumers for $8 a month.
Aereo has again prevailed--at least for the moment--in its long-running battle with broadcasters that disagree with its business of receiving and retransmitting their signals without reimbursement. IPTV--and other pay TV providers--pay increasingly high fees to broadcasters for the rights to retransmit their over-the-air signals.
VTel is the latest service provider to get caught up in a broadband funding debacle as the Vermont Telecommunications Authority (VTA) terminated two grants to bring broadband to 900 locations.
AT&T's Western division has reached a tentative deal with the Communications Workers of America District 9. The four-year agreement, which covers more than 17,000 wireline employees in California and Nevada, will be submitted to CWA members to be voted on in the next few days.
Telmex, America Movil's Mexico-based wireline telco subsidiary, is facing a lawsuit from Profeco, Mexico's consumer protection agency, over claims that the country's dominant telco made illegal charges.
Nine months after FCC Chairman Julius Genachowski said the FCC might launch an inquiry into whether its cell phone radiation emission standards need to be changed--amid concerns that mobile phone radiation may cause brain cancer--the commission actually opened the inquiry.
Sprint Nextel and Japanese suitor Softbank told lawmakers they will not use gear from Chinese vendor Huawei in Sprint's network, according to a senior U.S. lawmaker involved in intelligence activities.
The U.S. government wants to be able to review Sprint Nextel's network equipment purchases as a condition of Japanese operator Softbank's proposed $20.1 billion purchase of 70 percent of Sprint, according to the Wall Street Journal . The action is likely an attempt by the government to block Sprint from buying equipment from Chinese vendors Huawei and ZTE.