Twisted-pair telephone copper wiring may be able to provide terabit-class data transmission over a distance of more than 300 feet using waveguide technology, said John Cioffi, CEO of ASSIA, which develops broadband software. "We're in the early stages of looking into an orders-of-magnitude improvement in copper," he said.
Sprint plans to establish a coast-to-coast LTE-M network for the internet of things under Ivo Rook, who joined the carrier six months ago as its IoT chief. Unlike other carriers, Sprint will adopt a virtualized IoT core apart from its main cellular core.
AT&T's merger with Time Warner and Comcast's potential acquisition of Fox assets would make the companies the most indebted in the world, data show. AT&T and Comcast would carry a combined $350 billion in loans and bonds, with PGIM Fixed Income's Mike Collins saying, "It has fixed-income investors a little nervous and rightfully so."
Radio broadcasters are voicing their support for a proposed Federal Communications Commission incubator program. While several broadcasters have shared stories about their own financing challenges, many are relying on the National Association of Broadcasters to serve as their voice in support of an incubator initiative.
Tronc is reportedly preparing to revert back to its original name, Tribune Publishing. The name change was approved a month ago, but the company is awaiting the completion of spinoffs of its California newspapers before moving forward, a source says.
WTOL-TV anchor Jerry Anderson will retire Friday. Anderson has been in the broadcast industry for 40 years, getting his start at WFOB-AM in 1974 before stints at WSPD-AM and WTVG.
Comcast's purchase of 21st Century Fox assets could result in a tax bill for Fox's Murdoch family totaling more than $4 billion, whereas an all-stock deal with Disney would be tax-free, tax experts say. Fox has scheduled a board meeting Wednesday to further discuss whether to move forward with Comcast's $65 billion bid.
Outgoing San Francisco Mayor Mark Farrell has decided against placing a referendum on the November ballot that would have sought to raise money to build a universal broadband service. Farrell, who leaves office in July, said he had changed his mind about asking voters to fund the project, estimated to cost $1.7 billion over 25 years.
President Donald Trump on Friday held an impromptu interview with "Fox & Friends" host Steve Doocy on the White House lawn. After the interview, which tackled topics including immigration policy and North Korea, Trump spent approximately 20 minutes answering questions from the press.
AT&T is renaming Time Warner to WarnerMedia, and executive John Stankey says the company plans to focus on increasing investment in content and distribution platforms. Plans moving forward include increasing HBO's budget to better compete with streaming services such as Netflix and launching more direct-to-consumer services, with Stankey noting, "If you're going to be a modern media company, you're going to need a variety of offerings."