Ericsson has announced a multi-year agreement with Verizon to provide its 5G solutions to accelerate the deployment of Verizon’s next-generation 5G network in the US. Niklas Heuveldop, President and Head of Ericsson North America, said: “This is a significant strategic partnership for both companies and what we’re most excited about is bringing the benefits of […]
Findings from research firm Parks Associates suggest that between 2014 and 2020, the US pay-TV industry lost over 18 million subscribers, while the broadband market has accelerated, with 40 per cent of US broadband households receiving a standalone service. In 2020, over seven million households dropped their pay-TV services. Traditional pay TV — television services […]
The US’s Federal Trade Commission (FTC) has issued a complaint charging Broadcom with illegally monopolising markets for semiconductor components used to deliver television and broadband Internet services through exclusive dealing and related conduct. The Commission has also issued a proposed consent order that would settle the Commission’s charges. Under the consent order, Broadcom must stop […]
US multiplay telco Verizon is continuing to prepare for 5G Ultra Wideband expansion across its newly-acquired national footprint of C-band spectrum. In a recent lab trial, Verizon worked with Ericsson and MediaTek to aggregate C-band spectrum with mmWave spectrum, achieving speeds of 4.3 Gbps in the trial. “The depth of our spectrum portfolio, now the […]
US multiplay telco Verizon and alternative investment manager firm Apollo Global Management have confirmed that funds managed by affiliates of Apollo have entered into an agreement to acquire media and online business Verizon Media for $5 billion (€4.14bn). Verizon will retain a 10 per stake in the company, comprised of iconic brands such as Yahoo […]
Verizon Communications closed 2020 with Q4 results buoyed by increased cash flow, wireless service revenue growth, and the launch of 5G nationwide. “Verizon finished the fourth quarter with strong financial performance,” said Verizon Chairman and CEO Hans Vestberg. “2020 was marked by transformational change, including the launch of our 5G nationwide network. We witnessed a […]
US multiplay telco Verizon recently began installation of C-band equipment from Ericsson and Samsung Electronics to speed deployment of its 5G Ultra Wideband and fixed wireless broadband service on its recently-acquired C-band spectrum. Verizon secured an average of 161 MHz of C-band spectrum nationwide in the recent FCC auction, which will allow the company to […]
Phenix, the real-time streaming technology platform, has announced closing $16.7 million (€13.8m) in Series B funding at a valuation of $90 million. This brings total funding for the company to approximately $40 million. The oversubscribed round was led by Chicago based sports/tech VC firm KB Partners with participation from Verizon Ventures and Manheim Investments. “KB […]
US multiplay telco Verizon has agreed deals with Crown Castle and SBA, two tower companies already hosting Verizon infrastructure equipment, to speed deployment of C-band equipment in preparation for the launch of 5G Ultra Wideband and fixed wireless broadband service on this newly acquired spectrum. Verizon secured an average of 161 MHz of C-band spectrum […]
US industry trade bodies Consumer Technology Association (CTA) and NCTA – The Internet & Television Association (NCTA) have extended through 2025 the Voluntary Agreement for Ongoing Improvement to the Energy Efficiency of Set-Top Boxes. The agreement, which has already saved consumers $7 billion in energy costs and avoided 39 million metric tons of CO2 emissions […]