Just hours after Comcast and Time Warner Cable officially confirmed that their marriage is off comes word that Charter Communications is preparing to make its next bid for TWC.
Despite ever-more-conclusive evidence that syndication sales to SVOD platforms is having an dramatic, ongoing negative effect on linear channels, Turner on Thursday announced a sweeping program rights deal with Hulu.
And then it just died. Comcast said it is ending its $45.2 billion bid to buy Time Warner Cable and create the nation's largest cable and broadband company. The decision to drop the deal likely clears the way for regulators to approve AT&T $48.5 billion acquisition of DirecTV.
América Móvil's U.S. MVNO, TracFone Wireless, lost 318,000 total customers in the first quarter, which it blamed largely on disconnections it had to make related to its participation in the federal Lifeline phone program.
U.S. wireless carriers along with Dish Network sit on wireless spectrum worth around $368 billion collectively, according to a report from a financial analyst at Goldman Sachs.
Verizon and Level 3 have agreed to make nice. The two potentially contentious telecom players have entered into a long-term bilateral interconnection agreement to ensure "that customers on the two networks can continue to exchange data in an effective and efficient matter," said a Verizon blog post by Libby Jacobson, director of digital communications.
The digital divide is being sliced in two Western states where a rural telecommunications provider, Nemont Telephone Cooperative of Scobey, Mont., and the city of Santa Fe, N.M., have taken it upon themselves to fill the gap between narrowband and broadband.
As expected, Comcast has announced that it's ending its $45.2 billion quest to buy Time Warner Cable. The termination announcement comes a full 14 months after Comcast originally announced one of the biggest, most controversial media infrastructure deals in history.
Verizon Wireless is bringing back lower promotional pricing for its More Everything shared data plans. The carrier is offering a 10 GB plan for $80 per month, down from $100, and it re-introduced a 15 GB plan for $100 per month.
AT&T has completed the third largest corporate bond sale--$17.5 billion--to help pay for its DirecTV acquisition.