AT&T's Chicago digs may be near default; Fiber cut affects AT&T, CenturyLink customers in South Dakota

More wireline news from across the web:

> AT&T's sprawling office complex in Hoffman Estates, near Chicago, currently owned by Highlands REIT, is a distressed property nearing default on $56.7 million in debt. Crain's Chicago article

> CenturyLink and AT&T customers in Rapid City, South Dakota were left without mobile phone and internet service after a fiber cut by a third-party contractor on Friday. Rapid City Journal article

> The UNH-IOL has formed an SDN Consortium to perform controller and switch interoperability, conformance and benchmark testing for software-defined networking. Light Reading article

> Data firms will be able to sign up as soon as August for a new trans-Atlantic data network that protects privacy during transit between the U.S. and Europe. WSJ article

Installer News

> Verizon could soon challenge cell siting rules in Lane County, Oregon, which the carrier's legal representation called "burdensome and unusual." Article

> Former cable installers for Detroit-based Lecom Utility Contractors are pressing a multi-million-dollar class action suit, alleging the company, which touts Comcast as a client, improperly classified them as independent contractors. Article

Cable News

> It's not quite as big as the $52 billion merger of Comcast and AT&T Broadband back in 2001, which created the nation's leading cable company, with 21.3 million customers at the time. Here's a look at New Charter's integration plan. Editor's Corner

> Speaking at the House Energy and Commerce Committee's broader oversight hearing focused on the FCC Tuesday, agency Chairman Tom Wheeler seemed aware he was talking to a committee led by Republicans, quoting former President Reagan in his remarks. Article

Wireless News

> AT&T and IBM are targeting the enterprise with a new IoT initiative. The companies said today they will combine their cloud and IoT platforms to create tools based on open standards in an effort to help developers build and implement IoT offerings. Article

> The Three group became the latest network partner for Google's Project Fi network, which is a U.S.-based wireless service that allows customers to switch between 4G/3G and Wi-Fi networks in order to benefit from the best possible connectivity available. Article

Online Video News

> The UEFA Euro 2016 championship game between Portugal and France pushed futbol's popularity among the streaming crowd to record heights once again, with CDN provider Akamai recording peak traffic rate of 7.3 terabits per second, along with 3.3 million concurrent streams, during the match's overtime period. Article

> Social media stalwart Twitter is putting its new Live service to work already, quietly trialing the owned-and-operated live streaming platform during Wimbledon last week and now announcing that it will livestream the Democratic and Republican National Conventions "wall to wall" thanks to a partnership with CBS. Article

And finally… The Lifeline subsidy program for low-income Americans was under the spotlight in the House Communications Subcommittee Wednesday, with Democrats arguing that Republicans' accusations of user fraud were off base and speculative. The Hill article