Also today, Liberty LatAm to acquire AT&T's assets in Puerto Rico and the US Virgin Islands, another DirecTV scenario emerges, OTT's growth spurt and smart doorbells keep ringing.
Almost 60% of US farmers do not have adequate broadband to run their businesses today, according to a new report by the United Soybean Board. Farmers, ranchers and others in agriculture contributed $133 billion to the US GDP in 2017 -- but with many farmers' desire to use more data and connected-farming technologies, poor connectivity and no ability to move closer to a different (or any) provider, $80 billion in business is at risk, USB said.
Liberty Latin America (LLA) on Wednesday said it will acquire AT&T's wireline and wireless operations in Puerto Rico and the US Virgin Islands for $1.95 billion in cash. The combo of LLA's high-speed broadband and TV business (which generates about $4.6 billion) with AT&T's mobile operations (earning a bit more than $1.2 billion) will create an integrated provider across the spectrum of communications, said Balan Nair, LLA president and CEO, in a statement. Adding AT&T's businesses will help LLA increase its B2B sales, deploy 5G rapidly using its fiber for backhaul and further expand its product portfolio, he added.
Private equity firm Apollo Global Management proposes a restructuring that would spin-off DirecTV and combine it with Dish Network, then give AT&T control of the newly formed company, Fox Business reported today. AT&T COO John Stankey remains firm that DirecTV is not for sale. Both AT&T and Dish declined comment to Light Reading.
The global OTT market will expand by $77.7 billion at a CAGR of over 13% between 2019 and 2023, according to Technavio. The research firm also found the worldwide market for smart doorbells will increase by $2.63 billion in that same period; however, that's a slowdown at a CAGR of 46% between 2019-2023, Technavio predicts.
After suffering many quarters of financial and broadband subscriber losses, Frontier Communications' bond owners are ready for dramatic change – including a replacement for CEO Dan McCarthy (pictured), Bloomberg reports today, citing several sources.
Verizon and Calix bonded four wavelengths in the lab, bringing Verizon closer to its goal of one unified network for multiple services, says Kevin Smith, vice president of network planning at Verizon, during Calix ConneXions 2019 in Las Vegas.
The ongoing debate around GPON vs EPON can get as heated as discussions around politics and religion, but both technologies offer some advantages over the other depending on the needs your network is servicing.
In this webinar, we will focus on the facts around the GPON vs EPON debate and how that technological decision is almost always made based on factors outside the technology itself.
In this insightful Light Reading radio show, Kurt Raaflaub, Head of Strategic Solutions Marketing, will outline the key service provider challenges, deployment considerations, next-gen Gigabit technologies, and service models to win market share in the rapidly growing MDU market.