Software-defined networking (SDN) and network functions virtualization (NFV) are becoming more than network technology buzzwords. Both SDN and NFV sound like promising technologies for operators, saving them money in the long run and enabling the rollout of faster services as carriers increasingly compete with over-the-top players. Special repo rt.
FCC commissioner Ajit Pai sharply criticized rules that allowed Dish Network to claim more than $3 billion in discounts aimed at small businesses during the government's just completed AWS-3 wireless spectrum auction.
Cablevision sued Verizon in federal court in New York, alleging that Verizon made false and misleading claims about the MSO's Wi-Fi service in its ads. Verizon has run TV and radio commercials in the New York metropolitan area claiming its Wi-Fi is "the fastest Wi-Fi available" from any local provider.
Verizon Communications may be talking to AOL about a potential content partnership, but it is not interested in acquiring the company. Speaking at the 2015 Citi Global Internet, Media & Telecommunications conference in Las Vegas today, Verizon Chairman and CEO Lowell McAdam said that yesterday's Bloomberg report claiming that Verizon approached AOL about a potential acquisition or joint venture is inaccurate. "I think of AOL and a lot of other media companies as potential partners," he said. "But saying we are having significant acquisition discussions is not accurate."
Claiming that Verizon Communications has always operated under an open Internet policy, company EVP and CFO Fran Shammo said today that he is confident the FCC will make the right decision regarding net neutrality. However, he added that if the regulation should pass, he is concerned that it will create a very litigious environment.
Verizon Communications lead a $9.4 million investment round in Flint Mobile, a mobile payments service that uses software to process transactions instead of hardware, giving the company a boost from a major carrier.
Verizon Communications is not going to bid for assets that América Móvil is going to sell off, according to CFO Fran Shammo. Meanwhile, thanks to rules being put in place by Mexico's telecommunications regulators, AT&T could face hurdles if it decides to acquire some of the assets.
Verizon Communications is teaming up with General Electric to provide connectivity for GE's software-enabled industrial machines and devices. The partnership comes exactly a year after GE and AT&T struck a similar arrangement.
Verizon Communications has hired TAP Advisors LLC to look into a sale of network assets including its cell towers, according to a Reuters report.
Verizon Communications was opened up to the possibility of selling its wireless towers because of AT&T's agreement last year to sell and lease 9,700 of its cell towers to Crown Castle in a $4.85 billion deal, according to Verizon Communications CFO Fran Shammo. Financial analysts think that Verizon has around 12,500 to 15,000 towers and could be looking to sell a substantial portion of those.