The cable industry supports 2.9 million jobs, contributing $421 billion to the economy, per an NCTA: The Internet & Television Association study. "Whether it's building the powerful broadband networks that are transforming our lives or creating the award-winning TV that is entertaining us, this industry continues to be one of the most significant contributors to our nation's economy," said President and CEO Michael Powell.
CenturyLink CEO Glen Post played up the importance of cybersecurity in a keynote address at an industry event. "We have found that our trusted partnerships play a critical role in combating the cyberthreat, since we all bring different assets, approaches and specialized knowledge to the table," he said.
T-Mobile US CEO John Legere spoke openly Monday about the wireless carrier's receptivity to a merger, even as the company topped analyst estimates in adding 914,000 postpaid subscribers in its latest quarter. "The inorganic and organic possibilities for the company are tremendous," Legere told analysts.
Noticiero Univision co-host Maria Elena Salinas was inducted into the NAB Broadcasting Hall of Fame on Monday, while actress America Ferrera was honored with the Television Chairman's Award. Both women took the opportunity to discuss diversity and urged the industry to put more Hispanics on the air.
Former CNN host Larry King discussed his views on the cable news landscape after moderating an NAB Show panel. King said that Bill O'Reilly deserved to be ousted by Fox News after sexual harassment allegations and that former Fox News host Megyn Kelly "will do well" in her new role at NBC.
AT&T's proposed acquisition of Time Warner will be a topic of discussion at a Senate hearing evaluating President Donald Trump's nominee to head the Justice Department, Makan Delrahim. Though Delrahim has said that he doesn't believe the deal has a "major antitrust problem," his past role as an antitrust attorney may require him to recuse himself from proceedings, potentially delaying the deal.
Comcast is seeing its best customer service ratings since 2001, per the American Customer Satisfaction Index. Customer complaints are down 40% from 2014 and 25% from 2015, when a $300 million self-improvement program was launched.
Wi-Fi is the most important amenity for renters, 34% of multifamily unit managers said in an Xfinity Communities study, with just 13% of managers selecting in-room laundry facilities. Around 87% of managers said technology was "extremely important" or "very important" for keeping tenants happy.
Verizon has introduced a Fios service that approaches gigabit speeds in eight regions that cover more than 8 million homes on the East Coast. The Fios Gigabit Connection, which tops out at 940 megabits per second, starts at $70 a month as a stand-alone service.
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