Also today, DT balks when Vodafone gets thumbs up on acquisition, BT rides the elevator to success, DNA parts with terrestrial TV and IoT satellite services' ballooning market.
Fewer consumers are chilling with Netflix, a signal of what may be to come as the service loses Friends and other popular programs as competition heats up. The video-streaming provider late Wednesday reported a severe shortfall in subscriber targets, adding 2.7 million new customers worldwide, more than 45% below its guidance of 5 million net additions. Netflix actually lost subscribers in the US, where 130,000 paying customers quit the service -- unlike 12 months prior, when 870,000 people signed up. (See Stranger Things: Netflix Falls Short on Subs.)
BT's infrastructure, based on technologies including fiber, will support all of Schindler, known for its elevators and escalators.
Schindler -- which makes elevators, escalators and moving walkways -- chose BT to develop and manage a reliable, secure global network to connect its data centers, offices, factories and contact centers. BT's IP Connect incorporates multiple access technologies, ranging from VDSL and Gfast to FTTx, enabling customers to leverage existing copper or deploy new fiber-optic cable.
Finnish service provider DNA will sell its terrestrial pay-TV network business to Digita Oy, with the transfer going into effect on Jan. 1, 2020. DNA will continue to focus on serving its more than 600,000 cable and broadband pay-TV service customers, said Pekka Väisänen, senior vice president of DNA's Consumer Business, in a statement. The operator also has about 250,000 DNA TV customers, Väisänen added. The deal, which has terms that will not be disclosed, awaits regulatory approval.
The worldwide market for IoT-specific satellite services that focus on connecting end-devices and connectivity fees will be worth $5.9 billion in 2025, after it starts to take off in 2021 or 2022, predicts Rethink Research. Incumbent broadband satellite providers will face new, more nimble startups, the report said. There will be about 30.3 million satellite IoT devices deployed globally by 2025, growing at a CAGR of just under 40%, versus 2.5 million satellite IoT devices in 2019, the researcher said.
Overall peak usage on US cable networks continues to flatten out and even decline slightly, but sustained higher levels of usage on the upstream path have persisted, according to the latest data from the NCTA.
Over the next two years, approximately 60% of service providers (both large and small) will adopt virtualization on a wide scale across their networks, according to the latest survey report from Ovum. Why are providers making these moves? Is there an easy way to start?
Learn how and why service providers are using virtualization to transform their networks. This webinar will look at how providers are leveraging virtualization to create more flexible and agile networks while also providing a better customer experience. Expert speakers from netElastic and Heavy Reading will address the industry drivers for network virtualization, the benefits that can be realized, the challenges to face and the results of virtualization being achieved by providers today.
Key topics will include:
Current network infrastructure and the move to virtualization
Benefits and challenges of network virtualization
How providers can get started
Service provider success stories: the decision to virtualize, the solution, and results