Frontier Communications CEO Maggie Wilderotter is going to step down as CEO and is transitioning to an executive chair role in April. Taking over the CEO role is Dan McCarthy, who currently serves as Frontier's president and COO.
Level 3 Communications CEO Jeff Storey has indicated that the strategy by incumbent telcos, namely AT&T and Verizon, to increase their focus on their wireless businesses is helping Level 3 win more deals in the enterprise services space.
Verizon's future growth will come from things like the Internet of Things and over-the-top mobile video--things that some other companies are not even investing in today, the company's CFO Fran Shammo said during an investment conference on Monday.
Verizon recently confirmed that it would sell off its wireline assets in three markets to Frontier, but it appears that the telco would be happy to make similar deals if it found a buyer that would offer the right terms.
The FCC is putting place strident new regulation on wireless and wireline networks in order to stop such practices as throttling traffic and coercing video programmers to make interconnection agreements. However, telco giants AT&T and Verizon say the FCC's new net neutrality rules will merely drive up consumer costs and stifle private investment into networks.
Verizon has struck a regulatory coup in Pennsylvania as the Public Utility Commission (PUC) voted to deregulate the prices the telco can charge for basic phone service in Philadelphia, Pittsburgh and three other regions, a move that critics say could raise service prices for consumers, reports philly.com.
Verizon Communications late last week became the latest telecommunications company to publicly object to Dish Network's strategy for obtaining deep discounts on winning bids in the FCC's recently completed AWS-3 spectrum auction.
CenturyLink said it has restored service in north Phoenix and northern Arizona after repairing a fiber line that it said was "deliberately cut" in the New River area.
Amidst a great protest within the agency and by large telcos like AT&T and Verizon, FCC Chairman Tom Wheeler's proposed Open Internet order passed in a 3-2 vote this week. Now that the order has been approved, it's likely going to see a number of legal challenges from the largest carriers.
The FCC voted to pass new net neutrality rules for wireless and wireline networks that would bar blocking and throttling of content and ban carriers and ISPs from striking deals with content companies, a move that incumbent telcos AT&T and Verizon say will stifle innovation and drive up costs for consumers.