Jul
22
2014

Tablets on Shared Data Plans Fuel Verizon's 2Q Earnings -

Verizon’s second quarter earnings once again topped Wall Street expectations as the company posted a net income of $4.32 billion on revenues of $31.48 billion. The company added 1.4 million postpaid wireless connections on the quarter, most of which were tablet customers taking advantage of the company’s shared data plans. The addition of 304,000 net new cell phone subscribers helped the company rebound from a sluggish first quarter that saw significantly slower postpaid phone and […]

Jul
22
2014

Just 17% of Broadband Users Know What 4KTV Is -

Back in March I pointed your attention to a study that noted just 30% of all consumers had even heard of 4KTV, and of that 30%, less than a third actually had a 4K set. Four months later and a new study notes that of broadband users, just 17% have any idea what 4KTV is. Even among users aware of what 4K is, interest appears tepid. Asked if they would pay $1500 for an HDTV […]

Jul
22
2014

Just 17% of Broadband Users Even Aware of 4K -

Back in March I pointed your attention to a study that noted just 30% of all consumers had even heard of 4KTV, and of that 30%, less than a third actually had a 4K set. Four months later and a new study notes that of broadband users, just 17% have any idea what 4KTV is. Even among users aware of what 4K is, interest appears tepid. Asked if they would pay $1500 for an HDTV […]

Jul
22
2014

Comcast Exec: Ugly Support Call 'Painful to Listen To' -

Comcast is still scrambling to recover from last week’s PR backlash over a recording of a company PR rep refusing to let the customer cancel, followed by a flood of criticism from existing Comcast employees. Comcast execs are now tasked with making the bad PR go away, even though they historically want their reps to aggressively upsell customers. Comcast COO Dave Watson this week sent an e-mail to employees that has been leaked to the […]

Jul
22
2014

Verizon Q2 Profit Soars with Strong Tablet Demand

Verizon returned to customer growth in the second quarter, largely due to strong tablet demand. As CEO Lowell McAdam revealed earlier this month, the carrier added 1.4 million postpaid customers in the quarter. That figure represents a big improvement over the lackluster 539,000 additions in Q1. The majority of the new customer additions were tablet customers, who accounted for 1.15 million of the quarter’s additions. Though described as new, many of these customers were likely […]

Jul
22
2014

Comcast Grows Earnings, Loses Customers in Q2

Comcast is hard at work trying to get its merger with Time Warner Cable past regulators, but it still has its own business to manage while the deal creeps forward. The cable giant exceeded earnings estimates for the second quarter, but fell short when it came to revenue. For the second quarter, Comcast reported net income of $1.99 billion and adjusted earnings per share of 76 cents. Analysts had been expecting earnings of 72 cents. […]

Jul
22
2014

OECD Mobile Broadband Adoption 72%, Internet Access Exceeds 100% in Some Countries

Mobile broadband penetration has grown to 72 percent in the Organization for Economic Cooperation and Development area, according to December 2013 data, showing the importance of mobile as a part of the overall Internet access picture. Seven countries (Finland, Australia, Japan, Sweden, Denmark, Korea and the United States) now lie above the 100 percent penetration threshold, including all forms of Interent access–mobile, fixed and satellite. Fixed network broadband subscriptions in the OECD area reached 339 […]

Jul
22
2014

UK Scraps 'Three Strikes,' ISPs Will Just Nag Pirates Politely -

After spending millions of dollars over countless years on plans to implement “three strikes” anti-piracy measures on the ISP level, the UK government has finally come to the conslusion that having ISPs play content nanny does little to deter piracy. Instead of previous, more aggressive plans to boot repeat offenders off of the Internet, a new plan taking effect in 2015 would simply warn users four times that they’re violating copyright — with no follow […]

Jul
22
2014

Comcast Sees Higher Than Expected Video Subscriber Losses -

Comcast released the company’s earnings report this morning, and while the company continues to make more than healthy profits (quarterly net income of almost $2 billion on revenues of $16.84 billion), the company’s quarter video subscriber losses (144,000) were greater than Wall Street predicted. Two straight quarters of subscriber growth had led analysts to think that Comcast had reversed the industry trend of cable defections, and the 144,000 reductions is the worst quarterly loss in […]

Jul
22
2014

Filing Reveals Relatively Tiny Aereo Subscriber Count -

Before being deflated by the Supreme Court, Aereo’s solution to broadband TV viewing received plenty of attention in the press for the disruptive precedent, but it received significantly less attention from actual users in the real world. In paperwork filed with the U.S. Copyright Office, Aereo this week finally revealed subscriber numbers: just 77,596 subscribers overall at the end of last year. 27,000 of those subscribers were in New York City, with 12,000 subscribers in […]

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