Posts tagged “Time Warner Cable”
Comcast on Tuesday beat Street estimates for earnings with high-speed Internet customer growth leading the way; meanwhile, Comcast updates Time Warner acquisition; in other news, Verizon earnings soar.
Broadband technology firm Akamai's new report on global and U.S. broadband availability documents North Carolina's need for faster broadband service. The Tar Heel state isn't even in the top 10 - and the U.S. ranks seventh globally. But take heart, Americans, we are only 1 percentage point behind Latvia! As for 4K TV - well, our networks have a long way to go.
The Broadband Report: Broadband providers should not treat all bits the same; Former Time Warner Cable CEO passes; FCC head says bad state laws are blocking high-speed broadband; public comments on net neutrality open; AT&T sells DirectTV merger in filing; and surgery in high-definition. Some of the latest broadband news from the Triangle, North Carolina, the southeast, and the world is just a click away.
Which high-speed Internet service delivers the most consistent high-definition quality service in the Raleigh area? AT&T's U-Verse, says a new rankings system launched by Google-owned YouTube.
Antitrust experts say AT&T's bid for DirecTV could reap immediate regulatory rewards. Coming so quickly on the heels of a rival cable company merger --the pairing of Comcast and Time Warner Cable-- makes it easier for regulators to approve both transactions because they create two counterbalanced giants in pay TV.
With 5.7 million U-verse TV customers and 20.3 million DirecTV customers in the U.S., the combined AT&T-DirecTV would serve 26 million. That would make it the second-largest pay TV operator behind a combined Comcast-Time Warner Cable, which would serve 30 million under a $45 billion merger proposed in February.
A year after returning to the public markets, Quintiles celebrates some good news. The world's global life science services provider, reports revenues topped $1 billion for the second consecutive quarter. Meanwhile, net income and earnings per share surge $42 million and 27 cents compared to one year ago., topping expectations from Wall Street analysts. Quintiles also increases its financial expectations for the year.
Communications giant AT&T is interested in acquiring satellite broadcaster DirecTV in a deal that would be worth some $40 billion, according to The Wall Street Journal. AT&T recently announced plans to deploy a fiber-optic network in the Triangle and is investing in a new online video venture.
The race to be first to bring gigabit-speed Internet access across the Triangle and Triad may be won by AT&T, not Time Warner Cable or Google Fiber. The North Carolina Next Generation Network consortium says it is recommending that six city governments approve AT&T's proposal. However, the group is not precluding other companies from the project.
Comcast says the $45 billion takeover will allow it to boost Internet speeds for Time Warner Cable Inc. customers, provide better video on demand service and broaden its commitment to "Net neutrality" -- the idea that Internet providers should not discriminate against web traffic.
ExitEvent and WRALTechWire will be cooperating in presenting news about the region's entrepreneurial sector. Today, entrepreneur Jivan Achreja offers his analysis on what Google Fiber could mean to the Triangle.
If Google Fiber were to pick the Research Triangle and Charlotte, the high-speed connectivity across the state would take quantum leaps. Don't forget the NC Next Generation Network is under development, MCNC's NCREN has a state-wide fiber backbone, and Time Warner Cable has Duke Net's highway. More projects might be coming - say from some giant like AT&T. Mix all these networks and you have the first "gigastate."
The Triangle area is on the list of metropolitan areas where Internet giant Google wants to deploy its "Google Fiber" broadband network for TV, Internet and other services. However, a final decision about deployment is contingent upon negotiations with various local government agencies.
The people spearheading the NCNGN project are pushing ahead with their own plans even as they welcome the news that a Google Fiber network could be headed to the Triangle. "This is great news for the region, but this is still preliminary and our efforts are still continuing," said Elise Kohn
In a blog post, a Google executive spells out what the Internet giant is looking for from metro areas such as the Triangle if it is to expand its Google Fiber network there.
Comcast's proposed purchase of Time Warner Cable faces as much as a year of U.S. scrutiny that probably will end in approval after regulators secure pledges the combined company won't harm Internet users. The $45.2 billion deal was announced Thursday.
Time Warner Cable CEO Rob Marcus called the $132.50-a-share bid a "low-ball offer" in an interview. The proposal included about $83 cash per share and about $49.50 in stock, according to Charter. Excluding debt, the deal would be worth about $37.3 billion.