T-Mobile Plans to Buy Most of U.S. Cellular in $4.4 Billion Deal

T-Mobile has agreed to buy most of U.S. Cellular in a deal worth about $4.4 billion that would bring the self-proclaimed “un-carrier” more than 4 million new customers as well as its retail stores and about 30 percent of U.S. Cellular’s wireless spectrum. U.S. Cellular would hang on to 70 percent of its spectrum and towers and lease much of it back to T-Mobile, which was already leasing its infrastructure. T-Mobile says it plans to use the added spectrum to improve its service in rural areas, which constitute the bulk of U.S. Cellular’s footprint. Continue reading T-Mobile Plans to Buy Most of U.S. Cellular in $4.4 Billion Deal

AT&T, Verizon and Tillman to Build Hundreds of Cell Towers

AT&T and Verizon announced they are partnering with New York-based Tillman Infrastructure to build hundreds of new cell towers that will be introduced to locations presently in need of additional coverage. The towers will be built to suit AT&T and Verizon. The two telecom leaders plan to lease and co-anchor the towers, and possibly relocate equipment from their current towers. Construction on the first towers is scheduled to begin early in 2018, with installation of equipment and operation to begin shortly after. Continue reading AT&T, Verizon and Tillman to Build Hundreds of Cell Towers

Congress: Should the First Sale Rule Include Digital Goods?

This week, publishing executives, technology leaders, and public interest groups gave testimony regarding ownership of purchased digital goods. The “first sale” rule currently allows people to resell or lend out physical goods like music and books, while this law does not cover digital goods, such as those sold by Amazon and Apple. Post-testimony, the House Judiciary Committee remained skeptical that property rights of physical goods should extend to the digital world. Continue reading Congress: Should the First Sale Rule Include Digital Goods?

IMAX Has New Competition in Premium Large Format Theaters

Large format theaters with over-sized high-resolution screens, more comfortable seating, and better sound systems are on the rise. IMAX has traditionally been the leader in these offerings, but competitors such as Cinemark Holdings, Regal Entertainment and AMC Entertainment have started offering their own premium large format (PLF) theaters. Last year, the three chains’ 325 PLF theaters increased revenue by 31 percent to $237 million. Continue reading IMAX Has New Competition in Premium Large Format Theaters

Small Theaters Face Challenges in Shift to Digital Distribution

As Hollywood studios are shifting from distributing movies on film to digital distribution via hard drives and satellite, many small theaters cannot afford $60,000 or more to upgrade and support the new technology. Theater owners are faced with the difficult decision between investing in new equipment or closing down their theaters. Meanwhile, most major U.S. cinema chains have already converted to digital cinema, many with the support of Wall Street-financed programs. Continue reading Small Theaters Face Challenges in Shift to Digital Distribution