Alex Sherman | WRAL TechWire
Alex Sherman

Alex Sherman


Posts by Alex Sherman


Dish bid for Sprint Nextel would offer consumers a quadruple play

Charlie Ergen’s $25.5 billion bid for Sprint Nextel Corp. is a gamble that two perennial underdogs can transform their industry by giving customers cheap mobile- phone service and the ability to watch TV wherever they want. Ergen, the billionaire co-founder of Dish Network Corp., announced the offer for Sprint on Monday, arguing that untapped wireless airwaves and operational efficiencies will lead to cheaper data plans for consumers and a new era of out-of-home TV viewing on mobile devices. The result will be a media industry where Dish’s example forces competitors’ prices to come down across the board, Ergen told...

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Comcast debuts $300 Internet service in race with Verizon

PHILADELPHIA, Pa. – Comcast, going after consumers willing to pay top dollar for the fastest Internet speeds, introduced a $299.95-a-month service on Tuesday that it says beats the speediest offering from Verizon Communications Inc. (VZ)’s FiOS. The new tier, called Xfinity Platinum Internet, offers download speeds of up to 305 megabits per second, Comcast said in a statement. The Verizon FiOS business, which relies on fiber-optic lines, introduced a plan in June that tops out at 300 megabits for $204.99 a month with a two-year contract. They are offering the highest speed Web access, called Xfinity Platinum Internet, with...

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