AT&T announced a new, $500 million joint venture with The Chernin Group, a Hollywood production company for TV shows and movies, to target the over-the-top online video space--and AT&T specifically mentioned mobile as a key element in its efforts to expand into OTT online video.
AT&T's $500 million agreement to launch an over the top (OTT) video venture with The Chernin Group reflects the telco's move to enhance its growing video business with another option that plays into the consumer desire for content and higher bandwidth broadband services.
Cable operators who might be laser-focused on keeping customers from fleeing to Netflix have just gotten a bigger headache. AT&T and The Chernin Group say they're putting $500 million into a joint venture to "acquire, invest in and launch over-the-top video services."
Communities that fit the bill might be in line for U-verse ultra-fast broadband from AT&T. The carrier said it's looking at up to 100 candidate cities and municipalities, including 21 major metropolitan areas, as places to put its U-verse GigaPower service with broadband speeds up to 1 Gbps.
AT&T is doubling down on fiber to the home (FTTH)-based service, announcing an initiative to expand its fiber network to up to 100 of what it calls candidate cities and municipalities nationwide, including 21 new major metropolitan areas.
Some familiar wireless company names topped the list for most mobile patents granted in 2013--and they weren't all just R&D heavyweights like Samsung and Qualcomm. According to a report from analyst Chetan Sharma, AT&T was among the top 10 companies that were awarded the most patents in 2013.
AT&T has put another multi-site business contract into its win column by securing an $8 million deal to provide SCHOTT AG network connectivity to all of its production plants, data centers and corporate offices.
AT&T warned that it would have to "reevaluate" whether it would participate in the FCC's planned incentive auctions of 600 MHz broadcast TV spectrum if the FCC places restrictions on how much spectrum it could purchase.
The FCC is contemplating a plan that would reserve for smaller carriers a chunk of the spectrum to be auctioned in next year's planned incentive auctions of 600 MHz broadcast TV spectrum, according to a Re/code report.
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