Some Wall Street analysts see cable's entry into the wireless market as generally being via a careful, as opposed to aggressive, approach. Macquarie Research expects Charter Communications to add 650,000 mobile subscribers over the next 13 months, while Oppenheimer analysts predict that Comcast's Xfinity Mobile will have 1.3 million subscribers by the end of the year and 3.3 million by the end of 2020.
In places where there are more livestock than people and where miles of land separate one household from the next, finding an internet connection can sometimes be challenging. The length of time it would take and the amount it would cost to build a fiber network in certain remote regions can make it nearly impossible to bring high-speed fiber connections to rural areas. But America's internet service providers have been working towards innovative solutions to bridge the digital divide. Read more.
Altice USA is focusing on its current operations, namely de-leveraging and growth initiatives in the wake of its spinoff from Altice NV, says CEO Dexter Goei. Although its current projects are its main focus, the company is open to future potential acquisitions and consolidation, Goei says.
The American Cable Association has voiced its support for NCTA-The Internet & Television Association's push to eliminate or limit part-time leased access programming. The ACA and NCTA wrote in comments to the Federal Communications Commission that the rules force cable operators to pay additional costs that are not always sufficiently compensated.
Disney will need to sell 22 regional sports networks as a condition of its purchase of 21st Century Fox assets, and station groups such as Sinclair Broadcast Group could be among the bidders. Local stations are looking to regional sports, as well as news, to bring in new revenue streams and complement their focus on live programming, but they could face stiff competition from tech companies who want to boost their own national TV platforms.
U.S. Cellular will provide unlimited data subscribers with a $10 credit each month if they use less than 3 gigabytes each month under new pricing plans that take effect Aug. 23. The carrier confirmed it is raising its unlimited plan by $5 a month and doing away with the 6 GB package.
Samsung Electronics expressed hopes to become the first phonemaker to release a 5G phone, but mobile head DJ Koh said the Galaxy S10 will not be that phone. Also, Samsung introduced the Exynos Modem 5100, which complies with the latest 5G standard and is backward-compatible, meaning that the Exynos Modem 5100 could speed the release of a 5G phone.
FirstNet's board has approved an $81 million operating budget for 2019, voted to put $81 million in a new reserve fund and set aside $79 million for investments in building its network. A plan that go beyond an operating budget "really marks the very important milestone in this, the first year of the sustainable business model," said FirstNet board member Ed Horowitz.
Cisco continued its comeback in its fourth quarter as software-driven products spurred a 6% rise in revenue compared with the 2017 period. After beating analysts' estimates, the company offered a bullish outlook for the current quarter.
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