T-Mobile reportedly will pay $420 million for 12 MHz of 700 MHz A Block spectrum in Chicago-- far more than the $250 million to $300 million UBS valued it at-- despite the fact that T-Mobile was the only legitimate prospective bidder for those airwaves. But whether that transaction is a harbinger of bidding in the upcoming incentive auction of 600 MHz airwaves is still anyone's guess.
AT&T has submitted a bid for Yahoo and remains active in the auction of Yahoo's core internet business, according to a new report from Bloomberg. AT&T's interest in Yahoo puts the company directly into competition with Verizon, which is also reportedly bidding on Yahoo's business and reportedly remains the frontrunner.
T-Mobile US will power a new service from startup Twilio called Programmable Wireless that essentially gives developers the ability to control the operation of voice, texting and data on Twilio's T-Mobile-powered SIM cards. The SIM cards can be installed on phones or into IoT-style sensors and gadgets.
Dycom reported $664.6 million in contract revenue for its fiscal third quarter, well ahead of Wall Street estimates and the $492.4 million it reported for the year-ago quarter. The company contributed much of that growth to top customers like AT&T, Comcast and Verizon ramping up wireline deployments to meet increasing network capacity demands.
Frontier's challenging integration process of the Verizon wireline assets it purchased in California, Florida and Texas has had a negative effect on new broadband subscribers-- and cable operators like Charter Communications are lining up to capture those customers.
As FierceTelecom reports, striking Verizon workers represented by the CWA and IBEW have been accused by the NLRB of harassing replacement workers at hotels in Massachusetts, New Hampshire and Rhode Island.
Verizon's striking workers represented by the CWA and IBEW unions have been accused by the National Labor Relations Board of harassing replacement workers at hotels in Massachusetts, New Hampshire and Rhode Island.
Verizon CEO Lowell McAdam said that the carrier is pleased with the performance of its new Go90 mobile video offering, but he acknowledged that the service has received more publicity than Verizon had intended.
Verizon isn't seeing its largest enterprise business customers making major investments in new technology transitions or platforms, despite the stability of the segment.
Verizon is taking a page out of the Google Fiber playbook, taking pre-orders for FiOS broadband service ahead of its launch in Boston.