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.
HP announced that leading telecom organizations have joined the HP OpenNFV Program as technology partners to help carriers take advantage of network functions virtualization (NFV) technology.
Aereo founder and CEO Chet Kanojia and other company executives met with FCC Chairman Tom Wheeler last week to express support for a rumored FCC ruling that would make it possible for some over-the-top video services to be considered as MVPDs (multichannel video programming distributors). It's a scenario that could see Aereo streaming broadcast signals to subscribers once again.
French Internet and mobile firm Iliad said it has discontinued its pursuit of T-Mobile US, arguing that Deutsche Telekom and T-Mobile "refused to entertain" its offer to acquire T-Mobile.
The People's Operator (TPO), a UK-based MVNO that lets customers donate 10 percent of their bill to a charity of their choice, plans to launch in the U.S. in 2015. That could potentially increase competition for similar U.S.-based MVNOs, such as Giv Mobile and Credo Mobile, which focus on charitable giving and progressive causes.