Verizon Wireless added more postpaid subscribers in the third quarter than financial analysts had expected, and the growth was again largely driven by tablet activations, not phones. Just as it did in the second quarter, in the third quarter Verizon relied heavily on tablet activations for the vast majority of its subscriber additions.
HBO's new streaming service will be priced at around $15 per month, an uncompetitive $6 higher than Netflix's most common $8.99 plan. This is according to a Monday report in The Information, which cites an unnamed source said to be familiar with the HBO service's development.
As part of its ongoing cost-cutting efforts, Sprint announced it has eliminated 452 jobs from its Overland Park, Kan., headquarters. This comes on top of approximately 5,000 jobs the company slashed between Jan. 1 to Sept. 30 of this year. And according to a report from the Kansas City Star, more job cuts are anticipated as part of the company's restructuring efforts.
South Korean giants SK Telecom and Samsung Electronics signed a Memorandum of Understanding to start joint research on 5G network technology and service development.
Hurricane Electric is extending its IPv4 and IPv6 networks in 17 of Equinix's International Business Exchange data centers in both Asia and Europe.
Tele2's president and CEO dismissed a report by a Swedish newspaper accusing the company of under-handed dealing in Kazakhstan, saying the article doesn't reveal anything the company hasn't already investigated itself.
Telenor has increased its stake in Indian unit Uninor to 100 per cent from 74 per cent, following a similar move by Vodafone in April that saw the UK-based operator increase its stake in Vodafone India to 100 per cent.
"Cord cutters rejoice" has been the oft-written headline preamble to numerous stories written this week about the groundbreaking a la carte programming announcements from HBO and CBS. But in a world in which every programming network is stripped out of the pay-TV bundle and sold individually, consumers could find themselves paying a lot more to get the channels they want.
YouTube is riding high as advertisers continue to buy into its online video offering--particularly its premium Google Preferred ad category. The primarily short-form online video service's partner revenues are up 60 percent from 2012 and 2013, company executives revealed in an earnings conference call on Thursday. And as more viewers access the service through their television screens, Google is looking to invest in content that will keep viewers tuned to the big screen.
About 1,700 Fairpoint Communications workers represented by the Northern New England chapters of the International Brotherhood of Electrical Workers (IBEW) and Communications Workers of America (CWA) went on strike after negotiations with the carrier broke down. The job action affected company locations in Maine, New Hampshire and Vermont after talks in Boston broke down.