U.S. telecom sector could be on the brink of a major consolidation under President Donald Trump’s likely more merger-friendly administration, said JP Morgan Securities, which now sees a 90 percent chance of T-Mobile US being involved in a strategic transaction in the next five years. T-Mobile could be involved in tie-up with Sprint, or be acquired by a cable company, JP Morgan said, adding that a transaction involving Dish Network or a sale to a foreign player that wants a foothold in the U.S. wireless market is also likely.
Category: Telecom
Verizon Is Finally Paying Attention to This Valuable Market
One area where AT&T has been able to stymie its losses is in prepaid customers. Unlike postpaid customers, prepaid customers pay for services before they receive them.
Shell Asset Management Co. Has $1,015,000 Position in Dish Network Corp.
Shell Asset Management Co. decreased its position in shares of Dish Network Corp. by 13.4% during the third quarter, Holdings Channel reports.
Shell Asset Management Co. Has $1,015,000 Position in Dish Network Corp.
Shell Asset Management Co. decreased its position in shares of Dish Network Corp. by 13.4% during the third quarter, Holdings Channel reports.
Windstream’s $1.1B EarthLink marriage gets FCC’s blessing
Windstream Holdings Inc. of Little Rock and EarthLink Holdings Corp. have been granted approval by the Federal Communications Commission to move forward with a planned $1.1 billion merger. The companies announced the deal in November.
Report: – Net neutrality’ foe Ajit Pai is new FCC head
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Report: ‘Net neutrality’ foe Ajit Pai is new FCC head
In this Friday, Aug. 9, 2013 file photo, FCC Commissioner Ajit Pai presents his dissent during a Federal Communications Commission hearing at the FCC in Washington. President Donald Trump has reportedly picked a fierce critic of the Obama-era “net neutrality” rules to be chief regulator of the nation’s airwaves and internet connections.
U.S. bankruptcy court judge OKs $425 million for Avaya loan
A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations. Avaya filed for Chapter 11 bankruptcy protection on Thursday to cut its debt of about $6 billion after efforts to sell its call center business and reach a consensual deal with creditors failed.
AT&T Added More Than 200,000 Video Subs in Fourth Quarter, “Entirely Driven by DirecTV Now”
Telecom giant AT&T, which has agreed to acquire Time Warner for $85.4 billion, said in a regulatory filing on Friday that it will report “more than 200,000 video net adds” for its fourth quarter, with the figure being “entirely driven by DirecTV Now.” The company launched the streaming video service at the end of November and previously only said that its fourth-quarter earnings report would shed some light on the early subscriber performance.
Art credit: Dave Malan
President Trump may not be a full-spectrum deregulator in the Ronald Reagan tradition. He hasn’t had much to say about the Food and Drug Administration or Federal Communications Commission-two favorite targets of regulatory reformers-and he sometimes sounds like an antitrust activist.
Art credit: Dave Malan
President Trump may not be a full-spectrum deregulator in the Ronald Reagan tradition. He hasn’t had much to say about the Food and Drug Administration or Federal Communications Commission-two favorite targets of regulatory reformers-and he sometimes sounds like an antitrust activist.
Netflix Says It Won’t Be Hurt By …
Netflix has long been one of the most prominent supporters of net neutrality, and for good reason: Internet service providers could very quickly put a crimp in Netflix’s business by degrading its traffic, or by imposing the kinds of data caps that discourage people from streaming video. So it stands to reason that Netflix’s business could be jeopardized if the new Federal Communications Commission makes good on threats to scrap the net neutrality rules.
5 Reasons T-Mobile Will Continue Outpacing the Competition’s Revenue Growth
“We’re looking at another year of very significant value creation,” CFO Braxton Carter said at a recent investors conference hosted by Citi. Carter expects T-Mobile’s service revenue — the money customers pay for their plans — to grow in the double digits, yet again, in 2017, which will ultimately translate into a sustainable ramp up in cash flow.
Hottest Thing in LNG Is Producing Power as Record Glut Looms
Seeking new ways to market their product, producers of liquefied natural gas are turning to an age-old technique: packaging. As demand for electricity booms in developing nations from South Africa to Chile, LNG producers are offering to supply both fuel and a power plant in partnership agreements that can lock in consumption of their product for years.
Silicon Valley fears FCC overhaul with Trump pulling strings :0
The Trump administration rolls into power on Friday and is expected to undertake a complete shake-up of the Federal Communications Commission. While the extent of reorganization of the agency is not yet known, it could very well change how Americans consume video entertainment and how much they pay for it.
Nobody Safe’ If Republicans Undo Net Neutrality, FCC Chair Says
Online companies such as Amazon.com Inc. are vulnerable to unfair competition from internet service providers if the Federal Communications Commission’s open-internet rule is reversed, agency Chairman Tom Wheeler said Tuesday. “Nobody is safe,” Wheeler, a Democrat, said in an interview three days before he leaves office and a Republican administration led by President-elect Donald Trump takes office.
Internal document raises possibility of ‘Netflix tax’
A briefing note for MA lanie Joly, minister of Canadian Heritage, weighs the pros and cons of enforcing a sales tax on the digital services of foreign companies such as Netflix. The Liberal government is reviewing whether to enforce a so-called Netflix tax on the digital services Canadians buy from foreign-based firms over the internet.
Drain the FCC swamp
President-Elect Donald Trump is looking for bold actions to “drain the swamp” in Washington, DC and free America’s economy, so that it can once again become the global leader and innovator. A great place to start would be abolishing the Federal Communications Commission .
Amazon seeks FCC permission to run undisclosed experiments in Washington State
Amazon founder and chief executive Jeff Bezos speaks in Santa Monica, Calif., in 2012. His firm sought permission from the Federal Communications Commission to conduct undisclosed experiments in Washington State for five months beginning Feb. 11, 2017.
Umb Bank N a Mo Sells 3,275 Shares of Dish Network Corporation
UMB Bank N A MO reduced its position in DISH Network Corporation by 41.7% during the third quarter, Holdings Channel reports. The fund owned 4,575 shares of the company’s stock after selling 3,275 shares during the period.
Mary Lanning Medical Chief to Depart For Omaha
As per Federal Communications Commission Regulations following is certified: Platte River Radio Inc. does not discriminate in the sale of commercial time, and will not accept advertising which, in its sole opinion, is purchased with intent to discriminate unlawfully on the basis of race, gender, or ethnicity. The advertiser hereby certifies that its purchase of commercial time is not made for an unlawful discriminatory purpose, including specifically that it is not based upon a decision to place advertising on a station on the basis of race, gender, or ethnicity.
Outgoing FCC chair Tom Wheeler uses his final public speech to make a …
Outgoing FCC chair Tom Wheeler uses his final public speech to make a case for maintaining net neutrality – The outgoing head of the Federal Communications Commission, Tom Wheeler, used his final public speech to make a closing argument for maintaining net neutrality, the signature achievement of his time at the agency.
Outgoing FCC boss: Killing net neutrality under Trump ‘not a slam dunk’
To all the critics of net neutrality who believe the Federal Communications Commission under President-elect Trump will reverse its decision on Open Internet rules, think again says the outgoing chairman of the agency. Delivering what may be his final speech as chairman at an Aspen Institute event in Washington, D.C., on Friday, Thomas Wheeler said “Contrary to what you might have heard, reversing the Open Internet rules is not a slam dunk.”
Staying Safe During an Ice Storm, Winter Weather
As per Federal Communications Commission Regulations following is certified: Platte River Radio Inc. does not discriminate in the sale of commercial time, and will not accept advertising which, in its sole opinion, is purchased with intent to discriminate unlawfully on the basis of race, gender, or ethnicity. The advertiser hereby certifies that its purchase of commercial time is not made for an unlawful discriminatory purpose, including specifically that it is not based upon a decision to place advertising on a station on the basis of race, gender, or ethnicity.
Hastings Library Opens 1962 Time Capsule
As per Federal Communications Commission Regulations following is certified: Platte River Radio Inc. does not discriminate in the sale of commercial time, and will not accept advertising which, in its sole opinion, is purchased with intent to discriminate unlawfully on the basis of race, gender, or ethnicity. The advertiser hereby certifies that its purchase of commercial time is not made for an unlawful discriminatory purpose, including specifically that it is not based upon a decision to place advertising on a station on the basis of race, gender, or ethnicity.
FCC gang slams AT&T, Verizon for serving customers
“The Federal Communications Commission expressed concern Wednesday about ‘zero-rating’ services from AT&T and Verizon that ‘may harm consumers and competition.’ In a report issued Wednesday examining four different zero-rated services, the FCC’s Wireless Bureau found that AT&T’s Sponsored Data program and Verizon’s FreeBee Data 360 program may stifle competition by ‘potentially unreasonable discrimination in favor of their own affiliates.’
Ricketts Promises Balanced Budget, Lower Taxes in State of the State
As per Federal Communications Commission Regulations following is certified: Platte River Radio Inc. does not discriminate in the sale of commercial time, and will not accept advertising which, in its sole opinion, is purchased with intent to discriminate unlawfully on the basis of race, gender, or ethnicity. The advertiser hereby certifies that its purchase of commercial time is not made for an unlawful discriminatory purpose, including specifically that it is not based upon a decision to place advertising on a station on the basis of race, gender, or ethnicity.
Trump meets with AT&T execs about Time Warner merger
Donald Trump Trump vs. the Democrats: Is this the end of the 100-year war over the Estate Tax? French far-right leader Le Pen spotted at Trump Tower Pompeo would ‘absolutely not’ obey torture order from Trump MORE on Thursday morning met with AT&T CEO Randall Stephenson as the company pushes for support for its planned merger with Time Warner. Stephenson and Robert Quinn, AT&T’s senior vice president for legislative affairs, arrived at Trump Tower shortly after 9 a.m., according to pool reports.
Comcast is America’s Most-Hated Company
In business, perception is everything: A single bad experience can burn a brand name and ruin a company’s reputation. So it’s no surprise that well-known tech companies including Comcast, Facebook, Dish, Sprint, and Charter Communications landed on a list of America’s most-hated businesses.
Erosion of “Judeo-Christian ethics” led to the rise of Trump
Al Sikes, a former chairman of the Federal Communications Commission under George H.W. Bush and Assistant Secretary of Commerce under Ronald Reagan, was a Never Trump conservative Republican who said he voted for independent presidential candidate Evan McMullin . Originally from a small town in Missouri, Sikes, 77, joined Salon Talks in a discussion about his book “Culture Leads, Leaders Follow,” The book describes how Sikes is dismayed with cultural leaders who he says appeal to “the lowest common denominator, and when their coarseness is criticized, the companies wrap themselves in the flag of free speech, as if to coarsen society were somehow a patriotic act.”
Yahoo Plans to Shrink Board, Change Name After Verizon Deal
Yahoo! Inc. Chief Executive Officer Marissa Mayer is among six directors who plan to leave the board of the investment company that will be left after the closing of the proposed sale of Yahoo’s main internet properties to Verizon Communications Inc. The new company, a shareholder in Alibaba Group Holding Inc. and Yahoo! Japan, will change its name to Altaba Inc. and reduce its board to five members as it looks ahead to its next chapter with fewer ties to the iconic brand, according to a filing Monday. Yahoo agreed to sell its web properties to Verizon in a deal valued at about $4.8 billion, though questions have come up after Yahoo revealed two separate hacks of user data.
Why AT&T thinks the FCC won’t have the power to stop its $85…
President-elect Donald Trump might still be against the $85 billion merger of AT&T and Time Warner, but AT&T thinks the Federal Communications Commission will be powerless to stop it. There are two potential government groups that might have a say in whether the deal goes through: the FCC and the Department of Justice .
Why AT&T thinks the FCC won’t have the power to stop its $85 billion Time Warner purchase
President-elect Donald Trump might still be against the $85 billion merger of AT&T and Time Warner, but AT&T thinks the Federal Communications Commission will be powerless to stop it. There are two potential government groups that might have a say in whether the deal goes through: the FCC and the Department of Justice .
Cable companies pushing to repeal internet privacy rules
Some of America’s biggest cable companies are asking the government to roll back a landmark set of privacy regulations it approved last fall — kicking off an effort by the industry and its allies to dismantle key internet policies of the Obama years. In a petition filed to federal regulators Monday, a top Washington trade group whose members include Comcast, Charter and Cox Communications argued that the rules should be thrown out.
Trump Said to Tell Confidant He Remains Opposed to AT&T Deal
Donald Trump remains opposed to the megamerger between AT&T Inc. and Time Warner Inc. because he believes it would concentrate too much power in the media industry, according to people close to the president-elect, who has been publicly silent about the transaction for months. Trump told a friend in the last few weeks that he still considers the merger to be a bad deal, said one of the people, who asked not to be identified because the conversation was private.
AT&T sees faster path for deal
AT&T Inc. and Time Warner Inc. said they can avoid having the Federal Communications Commission scrutinize their proposed merger, eliminating a significant hurdle in the path of the $85.4 billion deal, which has attracted criticism from President-elect Donald Trump. “While subject to change, it is currently anticipated that Time Warner will not need to transfer any of its FCC licenses to AT&T in order to continue to conduct its business operations after the closing of the transaction,” the companies said in a regulatory filing dated Thursday.
Obama renominates FCC Democrat in his final two weeks
President Obama has renominated Federal Communications Commission Democrat Jessica Rosenworcel to be reappointed to the five-member panel after his initial nomination effort failed last year. The president made the announcement Wednesday as part of a slew of last-minute nominations sent to the Senate with just over two weeks left in office.
AT&T to Test 5G Wireless for Delivery of – DirecTV Now’ to Homes
AT&T Inc. has reached speeds of up to 14 gigabits a second in lab trials of 5G wireless technology, and plans to test the high-speed network by beaming its DirecTV Now video service to homes in Austin, Texas before midyear. Through a collaboration with a dozen partners including Intel Corp., Ericsson AB and Qualcomm Inc., AT&T plans to use experimental airwaves to test fifth-generation or 5G residential and business services as a potentially cheaper method than fiber-optic cable for high-capacity connections, said John Donovan, AT&T’s chief strategy officer.
Better Buy: Altria Group Inc vs. Verizon Communications Inc.
Let’s not beat around the bush: on the surface, this seems like a very odd pairing. Usually, in these “Better Buy” articles, we pit two companies against each other that are in the same field.
Best Cable Stocks of 2016
Cord-cutting grew worse in 2016 as an estimated more than 750,000 customers left pay-TV for other options over the last four quarters.Few operators bucked the trend this year, but there were still a handful of standout performers in the industry. Here are three of the best cable stocks from 2016.