The second-quarter 2015 earnings reporting season has begun, and FierceTelecom is tracking how key players in the wireline telecom industry performed. Check here throughout the reporting season for updates on providers, vendors and integrators in this segment.
AT&T said it has officially closed on its $49 billion acquisition of DirecTV following FCC approval of the transaction. The news brings to a close a review process that lasted over a year.
AT&T, CenturyLink and Verizon are heeding requests from the FCC and a coalition of 45 state attorneys to develop methods to block automated telemarketing calls, otherwise known as robocalls, reports Bloomberg.
Cox Communications is gearing up to bring its 1 Gbps G1GABLAST service to residential customers in Louisiana, setting another competitive challenge to AT&T, which has yet to target the state with its own FTTH service.
AT&T's proposed $49 billion purchase of DirecTV has cleared its final hurdle, according to Reuters, which reported that at least three of the FCC's five commissioners have voted to approve the deal.
AT&T reported losing 22,000 U-verse video customers during the second quarter, a reversal of the 190,000 customer additions the carrier reported during the same quarter a year ago. Conversely, AT&T's rival Verizon reported it added 26,000 net FiOS video subscribers during the period.
AT&T Mobility added fewer postpaid customers in the second quarter than analysts were expecting and many fewer than it gained in the year-ago period. AT&T notched 410,000 postpaid subscribers in the quarter and the company relied heavily on connected cars and prepaid customers for subscriber growth in the second quarter.
AT&T is confident that its 1 Gbps fiber-to-the-home is on track and is happy with the subscriber take rates it is seeing thus far in the markets where it is delivering the service. That's according to CFO John Stephens, who said the carrier is sticking to its buildout commitments.
Although AT&T appears poised to close its $49 billion acquisition of DirecTV any day now, some see the move by the telecom giant as a step backwards rather than forwards.
AT&T's $49 billion acquisition of DirecTV may have gotten the green light from FCC Chairman Tom Wheeler, but in giving his support he has asked the telco to stick to its word on its FTTH expansion and not discriminate against online video competitors like Netflix whose applications run over its broadband network.