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| Business & Industry Watch | | |
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- Cincinnati Bell subsidiary sets IPO terms
CyrusOne, Cincinnati Bell's data center subsidiary, will offer 16.5 million shares priced at $16 to $18 apiece for its initial public offering, meaning the company, which plans to spin off from the parent firm, could raise $341 million, Cincinnati Bell said Tuesday. No date has been set for the IPO. CyrusOne will trade on the Nasdaq exchange under the "CONE" ticker symbol. Cincinnati.com
(1/8)      
- DISH offers $3.30 a share for Clearwire, outbidding Sprint
DISH Network has bid $2.28 billion for Clearwire, topping Sprint Nextel's $2.20 billion offer, as the satellite provider continues its aggressive efforts to enter the wireless business. Clearwire plans to evaluate the offer and withhold from drawing on Sprint's financing offer. Analysts scratched their heads over DISH's intent. "It's hard for me to imagine that what DISH wants is Clearwire. It could be a chess move to get a partnership with Sprint," said analyst Craig Moffett of Sanford C. Bernstein, adding that DISH might believe purchasing Clearwire is its best path to entering the wireless business. DISH offered $3.30 a share versus Sprint's $2.97 bid. Bloomberg Businessweek
(1/9), Reuters
(1/9)
 | USTelecom Spotlight |
| Video Upload | | |
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- Google finds success with IPTV offering in Kansas City
Google Fiber has attracted 30% of passed homes in the Kansas City, Mo., area to pay a $10 preregistration fee to take its IPTV and high-speed Internet service, while another 30% have expressed interest in the services, according to a study from the Ideas & Solutions research firm. Also at Google, the company says it will provide free Wi-Fi service to parts of New York City's Chelsea neighborhood. Rapid TV News (U.K.)
(1/9), Bloomberg
(1/8)
- Lawsuits fail to deter Aereo from expanding TV service
Aereo, which offers a Web-based subscription live TV service, has raised an additional $38 million from private investors, bringing its total funding to $63 million despite pending lawsuits that challenge the service's legality. Aereo, which won a preliminary round in federal court in July, will use the money to expand its service from New York City to 22 more metropolitan markets this year. "The court decision was the green light in our perspective," CEO and founder Chet Kanojia said. Light Reading
(1/8), The Wall Street Journal/The Associated Press
(1/8)
| Technology Trends | | |
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- Tri-band reference design offered by Qualcomm, Wilocity
Qualcomm and Wilocity have introduced a reference design combining 802.11ac, 802.11ad and 802.11n Wi-Fi capabilities. With Qualcomm's VIVE 802.11ac Wi-Fi chip and Wilocity's 802.11ad WiGig technology, product developers should be able to craft laptop computers and other gadgets, Dong Ngo writes. CNET
(1/8)
- OEMs expand product platforms in preparation for next-gen Wi-Fi
The introduction of next-generation Wi-Fi will revolutionize video streaming, experts say, and component-makers are wasting little time getting into the game. Manufacturers such as Belkin, D-Link, Linksys and Securifi are preparing for the 802.11ac standard with the introduction of routers that operate in the 5 GHz and 2.4 GHz bands and support data speeds in excess of 1 gigabit per second. Computerworld/IDG News Service
(1/8)
| IP Download | | |
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- Internet companies should give users more control over data, EU says
Lawmakers in the EU want Facebook, Google and other Internet companies to give their users greater control over how their personal data is used, this article notes. "Users must be informed about what happens with their data," said Jan Philipp Albrecht, a member of the European Parliament. "And they must be able to consciously agree to data processing -- or reject it." The proposals will be considered by the parliament, the European Commission and EU member countries. Reuters
(1/9)
- Regulators must prep for the end of PSTN
The Public Switched Telephone Network will soon be a thing of the past, according to industry executives, who say that in an era of IP communications, it is becoming increasingly difficult to find the components needed to maintain legacy infrastructure. Analysts say that with telecom firms moving to accelerate the transition to all-IP networks, the onus is on the regulatory community to reform arcane rules that will become irrelevant with the end of PSTN. CNET
(1/8), Ars Technica
(1/7)
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