Fixed-line cable and broadband companies are beginning to dip their toes into mobile, while wireless service providers are gradually expanding into media. AT&T, for instance, acquired DirecTV and then launched unlimited data to users who subscribed to both mobile and video services, and Verizon is rapidly building out its Go90 offering. Meanwhile, Cablevision is hoping to gain traction with its Freewheel smartphone service, and Google's Project Fi may someday threaten traditional mobile carriers with its Wi-Fi-first model.
Comcast is rejuvenating its top management ranks, promoting Tony Werner and Sree Kotay to new positions in the company.
Verizon just ended a long and painful labor conflict with the trade unions that represent its landline employees. The four-year labor deal gives the management team under CEO Lowell McAdam time to re-assess the situation and take action as the company undertakes the massive transformation from telecom company to wireless internet company. The dramatic nature of this transformation is demonstrated by the fact that Verizon's wireline business represents 29% of its topline revenues and only 7% of operating income.
Comcast has announced the dual promotions of top technology executives Tony Werner and Sree Kotay.
Astronomers report that when galaxies collide, they can see the dramatic explosion of energy. But in reality, when the two galaxies make first contact, there's not much visible impact. The initial "collision" is really two dispersed objects that overlap with each other, occupying a shared space without significant direct conflict.
Make no mistake: T-Mobile does not like the proposal put forth by AT&T and EchoStar that would give primary status to satellite earth stations operating in the 28 GHz band as part of the rules for spectrum bands above 24 GHz.
Telefónica could now decide to keep O2 UK rather than seek a new buyer or list the unit on the stock market according to Bloomberg.
Orange is mulling the acquisition of further operations owned by Millicom International Cellular in Africa and has started informal talks with the company, Bloomberg reported.
Verizon and the Communications Workers of America (CWA) and International Brotherhood of Electrical Workers (IBEW) have come to a tentative agreement on a four-year labor contract, putting an end to a month long strike of the telco's nearly 40,000 wireline workers.
With about 39,000 Verizon workers represented by the CWA and IBEW still on strike across 10 states, the upcoming U.S. jobs report for May could take a downturn.