Malathi's Feed
Jun 18, 2015

New York City says Verizon did not keep FiOS promise

NEW YORK (Reuters) – New York City said Verizon Communications Inc has failed to fulfill its promise to extend its FiOS high-speed Internet, television and phone service across the city by mid-2014.

An audit released by New City Mayor Bill de Blasio’s administration on Thursday found the fiber optic Internet service was unavailable in certain residential blocks even though Verizon had built a citywide fiber network.

Jun 17, 2015

Comcast not interested in buying T-Mobile -source

NEW YORK/FRANKFURT, June 17 (Reuters) – U.S. cable company
Comcast Corp is not interested in buying wireless
carrier T-Mobile US, a person familiar with the
situation said on Wednesday.

Manager Magazin of Germany, citing sources, had said earlier
that the largest U.S. cable operator was in talks with T-Mobile
US parent Deutsche Telekom AG about buying the No. 4
U.S. wireless provider.

Jun 4, 2015

Deal between T-Mobile and Dish could spell trouble for Sprint

NEW YORK (Reuters) – A merger of T-Mobile US Inc (TMUS.N: Quote, Profile, Research, Stock Buzz) and satellite TV company Dish Network Corp (DISH.O: Quote, Profile, Research, Stock Buzz) could force Sprint Corp (S.N: Quote, Profile, Research, Stock Buzz) to pursue a deal or partnership itself.

T-Mobile and Dish are in early-stage merger talks, a source familiar with the matter told Reuters.

May 27, 2015

Charter-Time Warner Cable deal could spawn an online video service

NEW YORK (Reuters) – Charter Communications Inc executives are exploring whether to launch an online video service as part of its combination with larger rival Time Warner Cable Inc, in what would be an unprecedented move in the cable industry.

The $56 billion takeover announced on Tuesday would make Charter the No. 2 U.S. Internet and cable company after Comcast Corp. Charter’s top shareholder John Malone, a cable industry pioneer, is on record as being a fan of streaming TV over the Internet.

May 27, 2015

Charter’s $56 billion Time Warner Cable deal to face U.S. scrutiny

NEW YORK/WASHINGTON (Reuters) – Charter Communications Inc, seeking to remake the U.S. cable television industry by acquiring larger rival Time Warner Cable Inc for $56 billion, will try to skirt the regulatory obstacles that helped sink Comcast Corp’s earlier bid for Time Warner Cable.

The combined company would control a big swath of the cable and Internet markets, marking a huge step toward industry consolidation, long advocated by cable pioneer John Malone, Charter’s biggest shareholder.

May 26, 2015

U.S. cable operator Charter to buy Time Warner Cable for $56 bln

May 26 (Reuters) – Charter Communications Inc, the No. 3
cable TV operator, offered to buy No. 2 Time Warner Cable Inc
for $56 billion on Tuesday but immediately ran into questions
about whether regulators would agree to the combined company,
which would control a big swath of the cable and Internet
markets.

The union of the two companies would compete against cable
market leader Comcast, confront the increased popularity of
streaming services, and mark a huge step toward industry
consolidation, long advocated by cable pioneer John Malone,
Charter’s biggest shareholder.

May 21, 2015

Easier regulatory review seen for Altice vs Charter in TWC deal

By Alina Selyukh and Malathi Nayak

(Reuters) – A potential bid by French telecom group Altice SA to buy U.S. cable company Time Warner Cable Inc would pass regulatory hurdles more easily than an offer pondered by cable rival Charter Communications Inc , according to analysts and experts.

Altice, controlled by French billionaire Patrick Drahi, on Wednesday agreed to buy regional U.S. cable company Suddenlink. It has also approached Time Warner Cable for a deal, according to people familiar with the talks.

May 21, 2015

Analysis – Easier regulatory review seen for Altice vs Charter in TWC deal

By Alina Selyukh and Malathi Nayak

(Reuters) – A potential bid by French telecom group Altice SA (ATCE.AS: Quote, Profile, Research) to buy U.S. cable company Time Warner Cable Inc (TWC.N: Quote, Profile, Research) would pass regulatory hurdles more easily than an offer pondered by cable rival Charter Communications Inc (CHTR.O: Quote, Profile, Research), according to analysts and experts.

Altice, controlled by French billionaire Patrick Drahi, on Wednesday agreed to buy regional U.S. cable company Suddenlink. It has also approached Time Warner Cable for a deal, according to people familiar with the talks.

May 18, 2015

AT&T working on exclusive content for connected cars

NEW YORK (Reuters) – AT&T Inc is gearing up to bring connected car users exclusive content such as videos and games that can be streamed onto personal mobile devices later this year, AT&T’s senior vice president of emerging devices Chris Penrose said.

“It’s no different than being able to hook onto a Wi-Fi hotspot anywhere and get access to content you already subscribe to and get unique content that you could only get in the back of the vehicle,” Penrose said.

May 13, 2015

AT&T to offer Hulu on website, app this year

May 13 (Reuters) – AT&T Inc, the No. 2 U.S. wireless
company, said on Wednesday its users will be able to access the
Hulu streaming video service on its website and mobile app
starting later this year.

The service will be available to AT&T customers who
subscribe to Hulu. In addition to using the Hulu app, users will
be able to view Hulu content on AT&T’s app and website alongside
the wireless company’s existing library of videos such as those
from video maker Fullscreen.