Verizon and AT&T will invest millions of dollars to install small cells across San Jose, Calif., to improve wireless service and lay the groundwork for smart city services, Mayor Sam Liccardo said. The city termed it the largest small-cell project in the US and a foundation for providing 5G services.
Deployments of low-power WANs are not meeting expectations despite the explosion in internet of things devices and systems, a GlobalData analysis finds. Demand for 5G wireless connectivity may quickly overtake demand for LP-WAN technology, GlobalData says.
Fox Networks Group saw improved results for ad pricing during its upfront negotiations this year, in part due to NFL prime-time programming. Meanwhile, CBS finished its upfront negotiations and posted double-digit price increases.
The National Association of Broadcasters, in comments filed with the Federal Communications Commission, has proposed ownership of up to eight FM stations in the top 75 markets and no limits on the ownership of AM stations. NAB has also proposed that stations be allowed to own two additional FM stations to encourage participation in the FCC's incubator program.
The AT&T-Time Warner merger closed last week, leaving some people hopeful that the impasse with SportsNet LA will end, bringing Los Angeles Dodgers games back on the air. However, sources say there is no indication that AT&T has changed its stance on carrying SportsNet LA on its pay-TV services.
Chattanooga, Tenn., radio host Jeff Styles was arrested Friday after an alleged road rage incident. Styles, who was shot during the alteration, was arrested and charged with aggravated assault and vandalism after allegedly going after another driver with a tomahawk.
Media mogul John Malone is questioning the viability of vertical mergers in the wake of AT&T's successful acquisition of Time Warner. AT&T's and Comcast's vertical merger strategies are creating conglomerates that have less flexibility and more tax and regulatory problems, Malone says.
Comcast is willing to divest 21st Century Fox's 30% stake in Hulu to gain regulatory approval for an acquisition, sources say. Meanwhile, Fox's regional sports assets could create a regulatory hurdle for the deal, although both Comcast and Disney are willing to shed the networks to move their respective deals forward.
Facebook will invest between $1 billion and $2 billion to boost its video content offerings, analysts say. The company plans to create a TV-esque experience through its Facebook Watch platform while also investing in exclusive news programs to overcome past accusations of "fake news.".