Faulkner Information Services
in-depth information for technology professionals
[ home ]

Telecom Daily

Welcome to Faulkner's Telecom Daily. We publish Monday through Friday, updating top stories as events warrant. If you would like to receive Telecom Daily emailed daily to your desktop, please click here: TelDailyEmail.

Friday, April 24...

Comcast Officially Terminates Bid to Acquire TWC
Just one day after the news broke that the Federal Communications Commission (FCC) intended to halt the planned merger of Comcast and Time Warner Cable, the company has officially terminated its plans for the transaction. According to The Wall Street Journal, the FCC had decided to recommend a "hearing designation order," a regulatory procedure that would have put the transaction in the hands of an administrative court judge, and one which would signal a belief from the FCC that the agreement had the potential to harm public interests. Although Comcast would have had some recourse, many in the press instantly predicted that this news would be the merger's death knell. It turns out that doomsaying was correct, as Comcast posted its official statement this morning, publicly putting an end to the merger with TWC, as well as the related transaction agreement with Charter Communications. While the decision may seem abrupt, particularly given the months of build-up, Comcast specifically noted in its press release that it "structured this deal so that if the government didn't agree, [it] could walk away". It remains to be seen what effect, if any, this news will have on other upcoming mega-mergers, including AT&T's plans to acquire DIRECTV.

Sprint Launches New Version of Command Center M2M Management Service
Sprint introduced version 2.0 of its Command Center M2M device management solution. According to the carrier, the next-generation product is able to "easily connect, monitor and control device provisioning, billing and management across the U.S. or globally." The revamped offering functions across more than 200 countries, and includes new features such as one-touch bulk provisioning for the management of "thousands of devices"; enhanced cost scalability, including dynamic rate plans and flexible bill pooling arrangements; and new support features which take into account factors such as time of day, geography, usage, limits, and more. More information about Command Center 2.0 is available from Sprint's Business Solutions Web site.

Ericsson Sees Dropping Profits for Q1 on Lagging North American Network Sales
Ericsson posted its financial results for the first quarter of the 2015 fiscal year. The company's revenue for the period totaled SEK 53.5 billion, up 13% from the SEK 47.5 billion posted for the previous first quarter. Net income, however, fell slightly to SEK 1.5 billion, down from the SEK 1.7 billion reported a year ago. The resulting earnings per share were SEK 0.40, a drop from the SEK 0.55 made during the aforementioned previous quarter. Interestingly, the company's drop in profits is being blamed primarily on a slow-down in the North American Networks mobile broadband business. Ericsson claims this is an indirect result of carriers on the continent saving their funds to finance ongoing and upcoming spectrum auctions. However, the company's continued fast pace of 4G deployments across China offset the downturn, and is expected to continue through the 2015 fiscal year.

... Michael Gariffo, Faulkner Information Services

New Security Management Product Is Now Available on the Web
Faulkner's newest information service, Security Management Practices, is now available to subscribers over the Web! For information about subscribing, just send an email message to sales@faulkner.com or call 800-843-0460 (856-662-2070).

If you wish to be removed from the Telecom Daily Email list, please click here: mailto:telecomdaily@faulkner.com?subject=Remove.

Site content copyright 2015, Faulkner Information Services, a division of Information Today. All rights reserved.