Frontier Communications has cleared the last major hurdle in its pending purchase of AT&T's wireline operations in Connecticut as the State of Connecticut Public Utilities Regulatory Authority (PURA) has given its final approval of the acquisition.
Online video players speaking at MIPCOM in Cannes this week made some tongue-in-cheek comments to TV industry executives. But there was a challenge within the statements by Netflix, Maker Studios, Sohu and others. The online video industry, they were saying, is no longer just an upstart disrupter. It's the king of the hill.
EE is on the verge of agreeing a deal to buy Life Mobile, the mobile virtual network operator (MVNO) business of the now defunct UK mobile phone retailer Phones 4U.
Vodafone UK has extended LTE roaming to 23 destinations worldwide, after the operator added 19 new destinations to the existing locations of Greece, Italy, Spain and Portugal.
Verizon Wireless is tweaking its Edge handset financing program to increase the amount customers must pay off on the cost of their device before they can upgrade to a new device. The carrier is also making changes to its single-line plans, a company spokesman confirmed.
Subscription video on demand provider Netflix is continuing to find new inroads to boosting subscribership worldwide. In addition to a recent, unpromoted rise in its subscription rate for 4K programming, the company may be angling toward entry into Asia via Japan.
Comcast is leading a team of Chinese investors who will collectively spend about $3.3 billion to build a new Universal theme park in Beijing. According to a statement, the Chinese government has approved development of the 300-acre park, which will eventually be expanded to 400 acres.
With what appeared to be a Gallic shrug and a large sniff in the best traditional style, Iliad this week finally abandoned plans to buy T-Mobile US, thus ending a period of intense speculation over what Iliad owner Xavier Niel might offer next for the Deutsche Telekom-owned operator. The question now is: what will Niel and Iliad do next?
Now that French Internet and mobile company Iliad has dropped its pursuit of T-Mobile US, it seems likely that T-Mobile will continue as an independent entity and a unit of Deutsche Telekom for the foreseeable future. Financial analysts seem to think that's great news for T-Mobile, which has had strong momentum in the market.
Dell is moving full steam ahead in the network functions virtualization (NFV) market with the introduction of its new NFV platform and starter kits to accelerate carrier trials and adoption.