Netflix believes people will continue to find value in their service; ABI sees rise in fiber broadband subscriptions this year

Wireline news from across the Web:

> Deutsche Telekom has raised its equity stake in Greek incumbent telco Hellenic Telecommunications Organisation from 30 to 40 percent. Article

> Netflix believes that while many are irked about their price increases, most consumers will still find value in their service. Article

> Blockbuster wasted no time to launch its own promotion for all Netflix customers who switch to Blockbuster Total Access, a mail DVD-rental plan. Article

> Fiber broadband subscriptions are going to double by the end of 2011, with new customer net addition coming out of emerging markets. Release

> NTT America and Dimension Data will address Houston area information technology (IT) executives in a new joint seminar. Release

> Sprint Nextel to release its Q2 2011 financial results on Thursday, July 28 and posted at at approximately 7 a.m. ET. Release

> Level 3 to release its Q2 2011 results on Wednesday, July 27, and will host a conference call at 10 a.m. ET. Release

And finally ... ILR's Christopher Mitchell believes the only way to gain real broadband competition will be if more communities build their own telecom networks. Article