Verizon restores more service in NY, NJ area; Rostelecom broadband subs surpass 9 million

Wireline news from across the web:

@FierceTelecom RT @AvayaNG911: Hype, The Cloud, and the "Magic Box." Post | Follow @FierceTelecom

> Verizon crews throughout the weekend continued to reconnect New Jersey, New York City, and Long Island customers affected by Hurricane Sandy. Release

> Netflix's CEO Reed Hastings said he expects Carl Icahn to launch a proxy battle following the purchase of a 10 percent piece of the online video company. Article

Cable News
> The Outdoor Channel and The Sportsman Channel entered into a $208 million cash and stock merger on Friday. Article

> Goldman Sachs decided to downgrade Cablevision's stock, predicting that the cable MSO's capex spending and competition from Verizon's FiOS TV will cause its stock to drop by almost 20 percent to $11 by 2013. Article

Enterprise Communications News
> Joe Steger of Ernst & Young observed that large IT firms are expanding their presence in the cloud computing space via acquisitions of smaller companies. Article

> Cisco shelled out $125 million for Cloupia, a company that helps enterprises automate their converged data center infrastructure. Article

Online Video News
> The Chernin Group (TCG) is investing $10 million into U.K.-based online media company Base79, a company that is run by former News Corp. President-COO Peter Chernin. Article

And finally … Rostelecom said that as of the beginning of November 2012, its broadband subscriber base stands above 9 million. Article

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