Could the CEOs of online video providers soon be seeing paychecks along the lines of their counterparts in the pay-TV industry? Regardless of how long it may take, it may be a good idea for them to check out the 2014 compensation packages of cable executives.
After more than three months of negotiation, Vivendi has completed its deal to buy online video provider DailyMotion from its parent company, Orange. Vivendi purchased an 80 percent stake in the company for $241.8 million (€217 million).
AT&T has made the southeast Florida cities of Fort Lauderdale, Hialeah, Hollywood, Miami and surrounding communities the next targets for its 1 Gbps FTTP service, putting it in direct competition with Comcast which will offer an even higher speed 2 Gbps service.
For all of their fears of the threats posed by over-the-top players, the top executives in the pay-TV industry aren't doing too bad for themselves. Our sister publication FierceCable has a roundup of the highest-paid executives in the cable and pay-TV industry. Special report
A U.S. Appeals Court for the D.C. Circuit has set the schedule to hear challenges from telcos and industry organizations over the FCC's net neutrality rules that went into effect earlier this month. Traditional ILECs, cable operators and industry organizations such as US Telecom will have to submit their opening briefs, which are not exceed 20,000 words, by July 30.
LightSquared has hired a wireless consultancy and other advisers and is angling to work with the GPS industry to resolve any concerns GPS device makers have over interference with LightSquared's spectrum, according to an FCC filing.
In a last-gasp effort to boost its second-quarter subscriber and smartphone sales numbers, AT&T Mobility said customers can get a $200 bill credit when they buy a smartphone through its Next equipment installment plan and activate a new line of service. The offer applies to both new and existing customers--but the two-day only deal ends today.
RCN Business may be an advocate of delivering fiber-based services to businesses, but its move to extend a 110 Mbps Internet tier across all six of its markets shows that the cable operator can effectively address small to medium business with existing hybrid fiber coax network.
Sprint unveiled a new pricing scheme called "All-In" that incorporates an unlimited $60 per month service plan and a $20 per month device payment in one price point. Sprint says that the pricing plan is more transparent about the total monthly cost a customer pays than other carriers' plans, and is rolling out an advertising campaign featuring soccer star and businessman David Beckham to tout the new offering.
Speculation is still rife that Dish Network and T-Mobile US will forge some kind of deal, but Dish CEO Charlie Ergen said that he does not feel any pressure to make any kind of deal, though he declined to comment directly on a transaction with T-Mobile. "We're not feeling any pressure to do anything," Ergen said in an interview with the Denver Business Journal.