U.S. cable giant Liberty Global has agreed to purchase hot U.K. cable and broadband provider Virgin Media in a $23.3 billion cash-and-stock deal, the two companies announced this morning.
Guest Post Cable companies such as Comcast and Cox need to take a good look at their technology as streaming services Netflix and Hulu take away their profits. In order to avoid becoming obsolete, it makes sense for cable companies to recycle their infrastructure into home automation.
Yet another report has surface indicating that Apple won’t be releasing a new Apple television device this year, and for the foreseeable future.
After conspicuously losing its bid to acquire T-Mobile, AT&T is still out in the cold when it comes to wireless spectrum. But a new report says the telecom company could now buy Dish Network at a considerable premium to obtain its highly coveted spectrum.
Communications giant Verizon is scaling back efforts to grow its FiOS television and Internet services, according to comments made by the company’s Chief Executive Lowell McAdams during the UBS Global Media and Communications Conference in New York Wednesday.