Verizon Wireless will employ an advertising-based model for its planned over-the-top mobile video service, which a top executive at the carrier predicted could become a multibillion-dollar business over time. And that's the major reason why Verizon Communications just spent $4.4 billion to buy AOL.
As residential VoIP services like Vonage and Magic Jack remain sluggish, service providers are finding new revenue opportunities in the business segment, one that Infonetics said helped offset residential declines.
Frontier Communications is seeing more retail small and medium business (SMB) customers starting to migrate to 1 Gbps Ethernet connections, with requests increasing by 60 percent over 2014. Lisa Partridge, senior manager of data market management for Frontier, told FierceTelecom that customers that were traditionally satisfied with 20-50 Mbps now want 1 Gbps Ethernet connections.
AT&T has debuted its 1 Gbps fiber-to-the-premises (FTTP) service GigaPower in Nashville, Tenn., and surrounding communities where it will face off with Comcast and its faster 2 Gbps offering.
He who has more fiber wins. In other words, the service provider that has a fiber-rich network is more competitive in the business and wholesale services race. In our new feature From AT&T to Fatbeam: The top 10 (and more) biggest providers of fiber in the U.S., FierceTelecom looks at who has the most connected fiber.
Citigroup says that after it finishes digesting AOL, Verizon should seek to acquire Dish Network. "This AOL deal suggests a legacy business did not get in the way of Verizon's strategic aspirations," wrote Citigroup analyst Michael Rollins in a report sent to investors last week, after Verizon announced its $4.4 billion deal to acquire AOL.
One year to the day after first announcing his company's plan to buy DirecTV, AT&T CEO Randall Stephenson reiterated his position that the acquisition will give his company a dominant position in streaming video.
As CenturyLink looks to build its revenue back into profitability, R. Stewart Ewing, the carrier's executive vice president and chief financial officer, said that he sees three opportunities to add $140 million to $150 million to its profit in the second half of 2015.
Sadly, 2015's first-quarter earnings season for the wireless industry has come to a close. But now the real fun begins. We can now measure how the nation's top wireless carriers stacked up...
The CEO of regional carrier and Sprint wholesale partner nTelos Wireless declined to discuss speculation that nTelos will be taken over by peer Shenandoah Telecommunications (better known as Shentel). However, nTelos CEO Rodney Dir last week said that the company's board is focused on improving shareholder value and potential strategic opportunities.