In a ruling that could change the way people watch TV, a New York judge has denied a petition for an injunction against TV-rebroadcasting start-up Aereo, a company partially backed ... Read Full Story »
Last Monday Verizon Communications Inc. (NYSE: VZ) filed a brief in federal court arguing against the Federal Communications Commission’s (FCC) proposed net neutrality rules. Verizon, which together with Vodafone Group ... Read Full Story »
Less than a month ago, Verizon Wireless indicated that it would adopt a data plan that would allow its users to share data among a number of different devices, instead ... Read Full Story »
At an investor conference today, the CEO of AT&T Inc. (NYSE: T) said that data-only subscription plans for wireless networks are “inevitable” as wireless revenues shift more heavily to data ... Read Full Story »
At a meeting of cable industry executives in Boston yesterday, FCC Chairman Julius Genachowski said the he supports usage-based pricing for Internet service to “help drive efficiency in the networks.” ... Read Full Story »
We noted earlier this morning that Verizon Wireless, the joint venture between Verizon Communications Inc. (NYSE: VZ) and Vodafone Group plc (NASDAQ: VOD), will not offer unlimited data plans to ... Read Full Story »
The major US stock indexes opened significantly lower this morning as investors reacted to the surprise loss of $2 billion by JPMorgan Chase & Co. (NYSE: JPM) disclosed by the ... Read Full Story »
Shares of MetroPCS Communications Inc. (NYSE: PCS) and Leap Wireless International Inc. (NASDAQ: LEAP) are shooting up today following a report at Bloomberg News that German phone company Deutsche Telekom ... Read Full Story »
When Verizon Wireless made its initial $3.6 billion offer to acquire wireless spectrum from SpectrumCo LLC, most observers didn’t think the deal would run into any opposition. Which only goes ... Read Full Story »
The line between mobile wireless carriers and cable and satellite TV providers has been blurring for a couple of years and may be on the way to disappearing entirely before ... Read Full Story »
Frontier Communications Corp. (NASDAQ: FTR) missed its consensus first quarter EPS estimate this morning and the company’s shares are getting pummeled. The miss was close: EPS of $0.05, a penny ... Read Full Story »
Comcast Corp. (NASDAQ: CMCSA) reported first quarter earnings this morning that were better than analysts expectations, but a drop in video subscribers and a smaller-than-expected gain in voice subscribers are ... Read Full Story »
Some fast backpedaling by Korea’s LG Electronics has apparently stopped the claim by a Korean newspaper that the electronics giant is ditching Microsoft Corp. (NASDAQ: MSFT) and the US company’s ... Read Full Story »
Markets opened mixed this morning, with the DJIA showing much more strength than the S&P 500, which opened higher, or the Nasdaq, which opened lower. The S&P Case-Shiller house price ... Read Full Story »
Verizon Communications Inc. (NYSE: VZ) reported first quarter earnings this morning, and the US’s second-largest wireless carrier mostly met or slightly exceeded expectations. The company’s EPS came in at $0.59 ... Read Full Story »