AT&T is doubling down on its network buildout in California, announcing that it has invested more than $7.1 billion to expand its local wireline and wireless capabilities throughout the state between 2011 and 2013.
Level 3 Communications has a reputation for being one of the aggressive consolidators of the wireline service provider market, but CEO Jeff Storey told investors that the company has the right mix of assets and products to compete.
Verizon has introduced its new "double up" promotion as a way to drive more of its customers to bundle FiOS with its growing 4G LTE wireless service. Having closed its acquisition of Vodafone's piece in Verizon Wireless last month, the promotion is one of many new marketing initiatives combining its wireless and wireline divisions.
Verizon Communications has made it clear that it won't bring FiOS to any new markets, but CFO Fran Shammo told investors it would consider expansions once the current buildouts have given it the best return on its investment.
Cincinnati is the latest city to lobby Google Fiber to be the next destination for its 1 Gbps fiber to the home (FTTH) service, reports WLWT News 5.
In the UK, a slow broadband connection could drive would-be buyers away from purchasing a new property, reports TechWeek Europe, citing a survey conducted by Rightmove, an online property portal.
Granite Telecommunications, a competitive provider focused on providing services to multi-location businesses in the United States and Canada, said it plans on participating in AT&T's upcoming TDM-to-IP trials.
AT&T CEO Randall Stephenson reiterated to investors this week how pleased the company is with the cost dynamics for its initial fiber to the home (FTTH) deployment in Austin, Texas, and said it is going to roll the service out in other markets this year.
Verizon is passing the leadership torch in its global wholesale division by promoting Eric Cevis as the unit's new president. Prior to his new role, he most recently served as the senior vice president of sales for Verizon's Americas wholesale sales unit.
AT&T continues to make progress fulfilling the tenets of its Project VIP initiative, announcing multi-billion dollar investments to expand both its consumer U-verse and business fiber service to more locations in Michigan, Missouri and Ohio.