China to invest $323B in broadband infrastructure; 7 reasons why businesses need speed

Wireline news from across the web:

@FierceTelecom RT @The Voice on Telecom: Telcos should focus on service, not app development. Article | Follow @FierceTelecom

> Here are seven reasons why businesses need high-speed connectivity. Article

> China plans to invest $323 billion to update its broadband infrastructure by 2020 as part of a goal to make the country's population online. Article

> Oclaro, Inc. announced the company's participation at ECOC and the continuing expansion of their 100G product offerings. Release

Cable News

> Showtime Networks said last Saturday's Floyd Mayweather-Canelo Alvarez super welterweight championship fight generated nearly $150 million in pay-per-view revenue, setting an industry record. Article

> Google Fiber is teaming up with US Ignite in November to sponsor a competition aimed at finding applications that can take advantage of Internet connections offering speeds of 1 Gbps. Article

Wireless News

> The FCC approved AT&T Mobility's proposed $780 million purchase of Atlantic Tele-Network's retail wireless business, which still operates under the Alltel brand. Article

> Sprint and T-Mobile US confirmed they joined fellow U.S. company Verizon Communications in declining to participate in Canada's 700 MHz spectrum auction, set for January. Article

And finally … According to US Telecom, network providers invest more than $65 billion annually to accommodate ever-growing IP traffic. Article

Suggested Articles

icrosoft took the wraps off of a new cloud service for Azure via its partnership with Genesys.

Ahead of next month's fourth quarter earnings, Windstream touted its 2019 broadband achievements this week.

Cincinnati Bell announced on Friday that it has received an unsolicited buyout bid from an "infrastructure fund" for $12 a share in cash.