Wireline news from across the web:
@FierceTelecom RT @ Telecom Asia: The Internet in China could enable $640 billion to $2.26 trillion in annual GDP growth by 2025, says McKinsey Global Institute (MGI). Article | Follow @FierceTelecom
> In New Jersey, the AARP is trying to impose a one-year ban on Verizon removing copper lines that were damaged by Hurricane Sandy. Article
> International rating agency Standard and Poor's upgraded Turk Telekom to BBB- (investment grade). Release
> Cambodia's service providers are opposed to a draft law from the Ministry of Posts and Telecommunications Cambodia (MPTC) which states that no company can operate infrastructure assets and also provide retail services. Article
Cable News
> U.K. pay TV giant British Sky Broadcasting Group has agreed to pay just over $9 billion to 21stCentury Fox to acquire its sister companies in Germany and Italy. Article
> Once again proving the equity power of teenagers playing videogames, Google will pay about $1 billion to acquire San Francisco-based online programming platform Twitch. Article
Online Video News
> The FCC sent out a stern reminder to broadband Internet service providers (ISPs) that they must accurately disclose their service offerings to consumers under the Open Internet Transparency Rule, first put into place in 2011. Article
Wireless News
> Nortel Networks Inc., the U.S. unit of bankrupt Canadian vendor Nortel Networks Corp., has agreed to pay U.S. creditors as much as $1 billion to cover interest that investors claim has built up since the company filed for bankruptcy in 2009. Article
> Crown Castle CEO Ben Moreland said the tower company thinks that small cells represent a similar growth opportunity to what the industry saw with regular cell towers in the early 2000s. Article
And finally… Video Is Everywhere, But Is Anyone Using It? Article