Shentel reported that its wireline segment operating income was $3.8 million, down both sequentially and year-over-year from $4.4 million in the first quarter of 2014 and $4 million in the second quarter of 2013 due to expected legacy declines.
Consolidated Communications reported that second-quarter data, video and Internet sales were a key revenue driver, rising to $69.5 million, but legacy declines offset total company growth. The company reported a 5.5 increase in commercial sales year-over-year.
Alcatel-Lucent has hatched plans to pursue an initial public offering of shares for its submarine cable business, ending a string of rumors about the future of the division that's been suffering from weakening demand.
Verizon's Digital Media Services (VDMS) unit is enhancing its own move into the online video space by establishing a strategic alliance with white-label video management provider thePlatform, reports FierceOnlineVideo.
Windstream got the attention of the telecom world and financial community on Tuesday when it announced that it would spin off parts of its network assets into an independent Real Estate Investment Trust (REIT). Not surprisingly, this development quickly fueled speculation that other service providers could, or are considering, a similar move.
tw telecom, which is being acquired by Level 3 Communications, reported that second-quarter 2014 revenues rose 7.8 percent to $419.7 million on strong enterprise and data and Internet segment growth.
AT&T is taking another step in advancing its company-wide cloud strategy by completing a proof-of-concept technology trial with IBM and ACS that it says will reduce set-up time for cloud-to-cloud connectivity, particularly between data centers.
After getting necessary local permits, AT&T has added Charlotte as the latest city in North Carolina where it plans to deliver its 1 Gbps fiber to the premises (FTTP)-based GigaPower service.
TV Everywhere may hold great promise in enabling consumers to access their favorite content whenever and wherever they want it, but the initiative faces a number of key challenges: pay-TV providers creating a consumer-friendly system to authenticate paid subscribers while making consumers more aware it exists.
Windstream is moving to spin off a number of its copper and fiber assets into a publicly traded Real Estate Investment Trust (REIT), a move it says will enable it to lower debt by nearly $3.2 billion while accelerating its broadband and IP-based network transitions.