tag: us

Charter set to buy Time Warner Cable for $55 billion

Charter Communications, the fourth biggest cable company in the US, is expected to formally announce a $55 billion bid for larger rival Time Warner Cable, according to Bloomberg and corroborated by many others

Xiaomi expands to US and European markets

Disruptive Chinese mobile player Xiaomi is taking its first tentative steps into western markets this week, but initially only selling accessories, not handsets.

Google MVNO to launch this week – report

US search giant Google could launch its long anticipated MVNO as early as today, according to a WSJ report. An additional detail teased in the report is that Google is expected to offer data on a pay-as-you-go basis, with subscribers only paying for the amount of data they use.

Verizon aims legal threat at FCC over net neutrality

Verizon has aimed the threat of litigation against the FCC if it fails to correctly position its next move in the perennial debate of net neutrality. On its policy blog page, Randal Milch, Verizon’s General Counsel said: “whatever the FCC decides about new Net Neutrality rules, the whole thing is headed for another round in court.”

Sprint Q2 results disappoint, plans to axe 2,000 jobs

Amid announcing disappointing second quarter results, Sprint has stated plans to cut operating costs by $1.5 billion including cutting the workforce by 2,000. The carrier, which reported an operating loss of $192 million, said it expects to save $400 million through the job cuts.

Lenovo completes Motorola Mobility acquisition

Lenovo has announced the completion of its acquisition of Motorola Mobility from Google, claiming that makes it the 3rd largest smartphone maker in the world. The company said it expects the mobile firm it purchased for a total of $2.91 billion to be profitable within four to six quarters.

Rok to launch LTE music MVNO in US

Specialist mobile entertainment and streaming music firm Rok Mobile has unveiled plans to launch an LTE MVNO in the US in June bolstered by 20 million on demand audio tracks.

Major US carriers unveil VoLTE plans

The evolution of voice continues apace as US carriers Verizon Wireless and T-Mobile USA reveal plans to launch Voice over LTE, with AT&T expected to follow suit on Friday.

AT&T to acquire DirecTV for $48.5bn

US carrier AT&T has announced plans to acquire US and Latin American pay TV player DirecTV in a deal valued at $48.5bn. The deal will create a service provider with an offering across mobile, broadband and video that is unprecedented in the market, AT&T said. The transaction, which also involves AT&T assuming $18.6bn in debt, should take a year to complete, the telco said.

Telstra expands cloud platform to US, Japan

ollowing its EU and APAC expansion this summer, ICT and backbone network service provider Telstra Global announced Thursday that the company has expanded its cloud and “connected colocation” services to the US and Japan, and is in the process of upgrading existing facilities in Australia.

AT&T strikes tower deal with Crown Castle

US operator AT&T is to sell approximately 600 of its wireless towers to independent infrastructure management firm Crown Castle, and lease the rights to another 9,100 towers, for a combined up-front payment of $4.85bn. AT&T will lease capacity back from Crown Castle, for a minimum of ten years, for $1,900 per month per site, with annual rent increases of two per cent.

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