Mediacom CEO Drops Bid to Go Private
Light Reading
On Tuesday, Mediacom founder, chairman, and CEO Rocco Commisso expressed his frustration with the process by withdrawing a non-binding offer to buy up all the shares of the MSO he doesn’t currently own for $6 per share.
$21 Million Grant Funds Fiber Optic Network
Cedartown Standard
The U.S. Commerce Department’s NTIA has announced awarding of the grant to Appalachian Valley Fiber Network, a public/private partnership established to develop and expand broadband in the area.
Data Center Shift Gets Internap Cloud-Ready
Light Reading
Since its launch in the mid ’90s as an Internet route-optimization specialist, Internap Network Services Corp. (Nasdaq: INAP) has reinvented itself more than once, most recently focusing on data centers as a key strategic element. Over the past year, Internap has developed hosting services as well, building on its data center expertise, and now stands ready to capitalize on the cloud trend.
Has Verizon Made Its Last DSL Boost?
Light Reading
With relatively low investment dollars, Verizon offers DSL customers download speeds of up to 15 Mbit/s, but is this the last upgrade?
West African Undersea Cable to be Extended
Creamer Media’s Engineering News
The West African Cable System (WACS), the submarine cable system that will connect South Africa and a number of African countries with Europe by the end of next year, would be extended from Portugal to the UK, technology provider Alcatel-Lucent has said.
Philippine Operators Focus on Data
Light Reading
It’s an SMS hotbed, but the Philippines’ future means broadband, and lots of it, finds a new Pyramid report.
US Gets Worried About Huawei
Light Reading
Eight US senators are trying to block Huawei from selling gear to Sprint over concerns the deal would threaten national security.
Windstream Buying Q-Comm
CED Magazine
KDL’s contiguous fiber network spans nearly 30,000 fiber route miles in 22 states. Norlight serves approximately 5500 small- and medium-size business…
Verizon Achieves 1Gbps Over Existing Network
TG Daily
Verizon says it’s completed a field trial in which it delivered a 1Gbps service to an existing Fios business customer.
AboveNet Lights Up Denver’s Dark Fiber Network Market
FierceTelecom
AboveNet (NYSE: ABVT) has decided to tap into Denver, Colo.’s lucrative business services market, one that includes an array of Fortune 1000 companies, by building a new private metro fiber network. Spanning 97 route miles of 432 and 216 fiber cables, AboveNet’s Denver fiber network will deliver 23,000 fiber miles to support the area’s Fortune 1000 companies and other large enterprises.
Despite Sub Losses, Charter Increases Revenue
Light Reading
Charter Communications Inc. lost 76,600 basic video customers during the second quarter, continuing a trend seen by other major US MSOs, but the company still managed to increase revenues by 4.9 percent thanks to growth in other categories, including high-speed Internet, digital video, and voice.
BSNL Suffers First Annual Loss
Light Reading
Staff wage increases and the intense mobile tariff war in India pushed state-owned Bharat Sanchar Nigam Ltd. (BSNL) into the red during its financial year 2009-2010, which ended March 31.
African Undersea Cable Glut May Spell Price War for Operators
Bloomberg
After a decade of too little Internet capacity, telecommunications companies in Africa including Vodafone Group Plc and MTN Group Ltd. may face a different challenge: too much.
Dark Fiber, Colocation, IP Transit, Service Provider and Other Industry Leaders Converge at Telecom One-on-One Event
TMCnet
The partly cloudy summer Thursday in Manhattan was a day for deals to be made, for buzzwords like “colocation,” “dark fiber,” and “data center” to fly out of the mouths of small startup telecom execs, and for established service provides to make their presence known.
Virgin Media CEO Disses DSL
Light Reading
UK MSO Virgin Media Inc. (Nasdaq: VMED) intends to take dead aim at the DSL competition by doubling up the downstream capabilities of its Docsis 3.0 service in 2010. “We will be launching 100-meg by the end of the year,” Virgin Media CEO Neil Berkett said on Wednesday’s second-quarter earnings call.
