Wave Broadband, an independent provider of 1 Gbps broadband services to communities in Washington and California, has raised $130 million in new capital. The company plans to use the new funds to expand its network into more cities within its existing footprint and launch a set of new residential and business services.
Apple is looking to add live feeds from local TV stations to its upcoming online pay-TV service, a feature that would differentiate it from existing OTT pay-TV services like Sling TV and PlayStation Vue, but also add tons of complexity in terms of rights deals.
Canada has launched a project to gauge the speed experience consumers have with their broadband service providers. The Canadian Radio-television and Telecommunications Commission (CRTC) is conducting this project in collaboration with all of the country's major ISPs such as Bell Canada, Telus and Bell Aliant and market researcher SamKnows.
Comcast is continuing its aggressive deployment of its 2 Gbps Gigabit Pro service, announcing upcoming entries into six new regions including Houston, Utah, Colorado, Oregon and parts of Washington. Comcast is also launching what it calls Extreme 250, a new 250 Mbps service using its hybrid fiber coax (HFC) network.
AT&T is on the hunt for more 700 MHz spectrum to fill coverage gaps in its footprint, a reminder that even though the carrier claims to have largely finished its LTE buildout it still plans to purchase additional spectrum to add coverage and capacity to its network.
Google's Project Fi MVNO appears to be experiencing huge demand for the service as the company said it will likely be late July or early August before everyone who requested an invitation will get one.
A top Frontier executive sees an opportunity to increase its fiber and copper-based broadband share when it completes its purchase of Verizon's wireline properties in three states later this year.
Canoe Ventures, the joint venture founded in 2008 by Comcast, Cox Communications, Time Warner Cable and Bright House Networks, appears to be finding success through its focus on providing dynamic ad insertion for cable's video-on-demand services.
Slovenia said it expects to decide on the sale of a majority stake in Telekom Slovenia within two weeks, after it received an improved and final offer from private equity investment fund Cinven.
Telecom Italia reportedly plans to raise €960 million ($1.1 billion) from the sale of a 40 per cent stake in its mobile tower unit via an initial public offering (IPO), increasing the targeted amount from around €730 million.