The fiber network resulting from the merger of CenturyLink and Level 3 Communications will allow the combined company to better compete with cable providers in serving small to medium-size businesses, says CenturyLink Chief Financial Officer Stewart Ewing. "We think there's a good opportunity there, and we need to act more as an insurgent than as an incumbent telco," he told an investors conference.
Verizon can provide 5G-based fixed-wireless broadband service without worrying about line-of-sight issues, CEO Lowell McAdam told a financial conference, citing technological innovations. McAdam also updated attendees on Verizon's network densification plans.
Verizon will use NG-PON2 channel bonding technology as it rolls out advanced fiber-to-the-premises infrastructure. "Bonded technology is a very important option as we see demand in bandwidth; we can go beyond 10 gig to a customer and ... do it more gracefully," Verizon's Vincent O'Byrne said.
Uncertainties remain over whether high-band millimeter wave spectrum will be suitable to support fixed-wireless service because of lingering issues related to transmission, range and installation, tech executives said at an industry event.
Genband and Sonus will form a roughly 50-50 partnership under a merger agreement valued at $745 million in which investors of each company will receive equal shares. Executives said the deal would provide scale and scope for the vendors.
The White House has released its fiscal year 2018 budget, and noncommercial broadcasters are sounding off against its plan to phase out government funding for the Corporation for Public Broadcasting. Separately, the Federal Communications Commission is proposing a 7% fee reduction, as well as staff and budget cuts.
Upfront broadcast volumes and pricing are predicted to go up this year, per a report from BMO Capital Markets. Analysts behind the report also think cable revenues may decline as a result of premium online video services.
The LPTV Spectrum Rights Coalition is demanding that the Federal Communications Commission address an 11th phase of the post-auction repack that could force LPTVs off the air. "Ignore the Phase Zero problem, and force us to file to stop the entire repack until the problem is fixed," says coalition Director Michael Gravino.
"Saturday Night Live" just wrapped its most-watched season in 23 years, fueled by political satire. Separately, "The Late Show With Stephen Colbert" also used jokes about Donald Trump to elevate itself above NBC's "Tonight Show" in 2016-2017 total viewers.
Roger Ailes' funeral was filled with friends, family and colleagues of the man behind Fox News, with wife Beth Ailes determined to exclude anyone who wasn't a true friend, writes Michael Wolff. Rush Limbaugh, Laura Ingraham and Sean Hannity were among those in attendance, while some formerly in Ailes' inner circle were notably absent, showing the divide that has been created at Fox, Wolff writes.