Verizon to purchase AOL for $4.4B; Mississippi emerges as leader in telemedicine

Wireline news from across the web:

@FierceTelecom RT ‏@IIABroadband: @evehrlich for @wvgazette, "@Sen_JoeManchin holds unique power in Internet debate." Article | Follow @FierceTelecom

> AT&T has named Jeffrey Lewis as the chief accessibility officer where he will lead the company's Corporate Accessibility Technology Office. Release

> With much of Mississippi's healthcare infrastructure being wiped out by Hurricane Katrina in 2005, the state is turning more and more toward telemedicine. Article

> Minnesota's commerce commissioner said a Friday Public Utilities Commission ruling could help sustain phone services for disabled and low income customers. Article

Cable News
> With subscribers for pay-TV companies collectively down 31,000 in the first quarter, cord cutting can officially be classified by the industry as a worrisome trend. Article

> Charter Communications is meeting with banks to line up $25 billion to $30 billion in financing to buy Time Warner Cable, according to The Wall Street Journal. Article

Wireless News
> Verizon Communications said it will purchase AOL for $50 per share, or approximately $4.4 billion. The acquisition will give Verizon a jump-start in the online advertising and video market by giving the telecom heavyweight access to AOL's technology and video content. Article

> CTIA is promoting a new study that says licensed wireless spectrum generates more than $400 billion in annual economic activity. Article

And finally… @ColsFiberNet:  Great lesson of #CompuServe: Never take your foot off the #innovation accelerator @DakotaWilkins. Article

Suggested Articles

Comcast stepped up to the plate in its hometown of Philadelphia by contributing $7 million to help provide free internet to low-income families.

Oracle announced its Oracle Cloud VMware Solution is now available across all of its public cloud regions, and in its Dedicated Region [email protected]

Cogent Communications could be adversely impacted by falling demand for commercial office space, which would mean less demand for corporate VPNs.