Retail giant Amazon, despite touting a 51 percent annual boost in new subscribers to its Prime membership program-- which includes online video streaming-- completely missed analyst estimates for sales in the fourth quarter of 2015. The company saw earnings per share of $1 on $35.75 billion in sales, well below forecast EPS of $1.56. Meanwhile, its cloud streaming competitor Microsoft posted EPS of 78 cents on $25.7 billion in revenue for its fiscal second-quarter 2016, well above Wall Street estimates.
AT&T Mobility and T-Mobile US struck a deal to swap 1900 MHz PCS and AWS-1 spectrum licenses in various markets across the country.
Forget about disruption. Forget about content cannibalization. The overriding mission from this point forward for the broadcast, pay-TV and media and entertainment industry is to incorporate online video into their structure as seamlessly as possible. That was most obvious to anyone attending the keynotes and panel sessions at this week's IBC Show in Amsterdam.
By the end of the summer, Netflix will run all of its IT services in the public cloud. The SVOD provider said it is shutting down its last data center soon, the culmination of an initiative that began seven years ago.
Verizon Wirelesa and T-Mobile US forged a $173 million deal to transfer a slew of AWS-1 and PCS spectrum licenses between them in various markets across the country. The deal, which is expected to close in the fourth quarter, includes spectrum swaps in parts of Arkansas, California, Illinois, Indiana, Iowa, Kentucky, Massachusetts, Minnesota, Mississippi, Missouri, Montana, New York, North Dakota, Ohio, Pennsylvania, South Dakota, Tennessee and Virginia.
T-Mobile US is in the process of shutting down HSPA+/UMTS service on its 1700 MHz AWS-1 spectrum as it completes the transition to supporting those services on its 1900 MHz PCS spectrum.
Integra has jumped aboard the bring-your-own-cloud concept by offering new and existing cloud customers direct connections to Amazon Web Services' Direct Connect service.
Zayo has taken another move to enhance its standing in London's growing cloud market by adding Amazon Web Services (AWS) Direct Connect portfolio to its Quick Connect portfolio.
Verizon Wireless is facing an informal complaint from ABC, which claims Verizon's AWS-1 network is interfering with its WABC-TV station in New York City. ABC said its newsgathering operations have been affected, and that Verizon has taken steps to mitigate the interference it is not doing nearly enough.
Amazon Web Services (AWS) continues to lead the cloud services market with revenues growing 25 percent sequentially, driving the company to achieve what a new Synergy Research Group report said is a "five-year high" of the cloud infrastructure service market.