Verizon may have continued to add more FiOS Internet and video customers in the third quarter, but those gains were lower than what it reported in the same period a year ago, illustrating that it is continuing to reach the upper limits of penetration in its existing 13-state region.
Liberty Global said it will introduce a new tracking stock for its Latin American operations, splitting trading of its European cable operations and Latin American and Caribbean media businesses.
Verizon Communications lead a $9.4 million investment round in Flint Mobile, a mobile payments service that uses software to process transactions instead of hardware, giving the company a boost from a major carrier.
T-Mobile US has upgraded parts of its 2G GSM network with enhanced encryption technology, which could provide a stronger defense against government eavesdropping and other network intrusions. The changes come after revelations of widespread surveillance of phone calls and Internet traffic by the National Security Agency.
Perhaps it's only fitting that South Korea should be grabbing all the headlines out of the 5G Global Summit, a special event for the 2014 ITU Pleniopotentiary Conference (PP-14) aimed at sharing information about 5G technology and facilitating international cooperation. After all, the event is staged in the southern port city of Busan, South Korea.
This year may be remembered as one of the most transformational in the history of the cable business--and not because of huge pending mergers. While video services are beginning to give way to over-the-top distribution, a big opportunity has emerged in Wi-Fi.
Trumpeting its new offering as providing a significant value over rivals Verizon Wireless and AT&T Mobility, Sprint announced it will offer 1 GB of shared data for $20. The carrier previously offered 600 MB of shared data at that price.
Frontier is facing more trouble in its West Virginia market as a group of customers has filed a class-action lawsuit against the service provider, claiming the broadband speeds it delivered did not match up with what it advertised, reports the West Virginia Gazette.
Verizon Communications is not going to bid for assets that América Móvil is going to sell off, according to CFO Fran Shammo. Meanwhile, thanks to rules being put in place by Mexico's telecommunications regulators, AT&T could face hurdles if it decides to acquire some of the assets.
T-Mobile US is looking to settle a lawsuit filed against it by the Federal Trade Commission that alleges the carrier netted hundreds of millions of dollars by knowingly charging customers for purported "premium" SMS subscriptions that, in many cases, were "bogus charges" subscribers never authorized.