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.
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.
Broadband provider GigaMonster will continue to expand its gigabit multiple-dwelling unit business with Post Road Group's investment of $45 million in funding. GigaMonster also says it is merging with Portland, Ore.-based Fibersphere Communications, an MDU specialist.
F5 Networks says it wants to make it easier for service providers to virtualize their networks with the release of its VNF Manager and preprepacked virtual network function tools. The product is aimed at helping providers circumvent the layers of complexity involved in the transition.
Virtual multichannel video programming distributor service subscribers are "super users" who stream an average of 128 hours of content each month, per comScore data. That is more than twice the 54 hours streamed by the average household, the data show.
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