Verizon has entered into a definitive agreement to acquire competing fiber Internet service provider Frontier Communications in a transaction valued at $20 billion, including $9.6 billion in cash. The deal is expected to close in about 18 months, pending Frontier shareholder and regulatory approval. Verizon says the deal will increase its fiber subscribers by 2.2 million customers and extend its network reach to 25 million households across 31 states and Washington, D.C. It is also expected to expand Verizon’s intelligent edge network for digital innovations like artificial intelligence and the Internet of Things. Continue reading Verizon Plans Frontier Acquisition in Deal Valued at $20 Billion

Verizon is offering a year of Netflix Premium at no charge to Verizon Mobile and Home Internet customers who buy an annual subscription to Peacock Premium through its content subscription hub +play. That’s a $275 value (at $22.95 per month) in exchange for a $79.95 Peacock plan, according to the telecom company, which rebranded last month, launching a host of promotional plans in the lead-up to its 2025 silver jubilee. The offer, which started last week, ends August 31. The Peacock push dovetails with parent company NBCUniversal’s presentation of the 2024 Paris Olympics. NBC Sports coverage of the Olympics will include streaming on Peacock. Continue reading Verizon Offering Free Netflix Premium with Peacock Purchase

Verizon has restyled its logo and is making a more concerted push for a slice of the home market with the launch of a myHome bundle that pitches savings for those combining home Internet, live TV, streaming, and connected home services like cloud storage. Modeled after the company’s myPlan mobile package, myHome is available to new and existing Verizon customers who can choose among Fios, 5G Home or LTE Home Internet for prices starting at $35 per month. Subscribers can add streaming for $10 per platform and opt for a live-TV package of either Fios TV (where available) or YouTube TV. Continue reading Verizon Revamps Its Logo, Adds Discounted Streaming Deals

Bundling is back. Following the cord-cutting that led to a decline in content subscriptions, consumers now indicate they want multi-service deals, with discounts and choice as to what type of content is included. A new study from Hub Entertainment Research indicates that traditional SVODs have declined overall in household usage while areas such as gaming, music, podcasts and social media have increased. “TV is no longer the center of the entertainment universe,” the study suggests, noting premium video only accounts for about 6.3 percent of consumers’ total entertainment sources. Continue reading Study Finds Many Consumers Seeking Multi-Service Bundles

The Federal Communications Commission voted to reinstate net neutrality rules on Thursday, returning to the Obama-era approach of establishing a level playing field for online platforms, regardless of size. The commissioners voted 3-2 along party lines to reclassify broadband as a Title II telecommunications service, the equivalent of a public utility, which means it can be regulated like power and water. However, the FCC qualified that while it would be treating the Internet as an essential service, it will exercise its authority “in a narrowly tailored fashion.” Continue reading Internet Regulation: FCC Votes to Restore Net Neutrality Rules

The Comcast NOW suite of low-cost prepaid Wi-Fi and streaming TV service is gaining Internet and mobile products that consumers can purchase month-to-month. NOW Mobile proffers unlimited 5G data, talk and text, with access to more than 23 million Wi-Fi hotspots, for $25 per line. NOW Internet offers “more reliability than fixed wireless options” starting at $30 per month for 100 Mbps, or $45 per month for 200 Mbps. Each tier includes unlimited data and an Xfinity 5G gateway. The packages join NOW TV and NOW WiFi Pass in Comcast’s prepaid portfolio. Continue reading Comcast Offers Prepaid Month-to-Month Phone and Internet

The Biden administration has awarded another $42 million to advance development of the 5G Open RAN standard (O-RAN) that has become known as the “Huawei killer.” Administered by the National Telecommunications and Information Administration in the form of a grant, the funding will be used to establish a Dallas testing center and companion satellite facility in the Washington DC area for evaluation and R&D in O-RAN, a standard designed to facilitate interoperability of cellular hardware and software among different wireless providers. The goal is to bring more equipment manufacturers into a market dominated by China’s Huawei. Continue reading Government Announces Dallas Testing Center for 5G Open RAN

Satellite television pioneer Charlie Ergen has reunited his empire, having on December 31 completed the merger of Dish Network Corp. and EchoStar Corp. Ergen co-founded both companies and served as chairman of each prior to the merger. He now becomes executive chairman of the combined operation. Former EchoStar chief Hamid Akhavan was named president and CEO of the two companies in November and continues as operational head. Ergen feels his satellite infrastructure is well-situated for 5G. He plans to move the unified firm away from pay TV and into wireless services, competing with Verizon, T-Mobile and AT&T. Continue reading Ergen Completes Dish Merger with EchoStar for 5G Moonshot

Championed by the Democratic members of the Federal Communications Commission, net neutrality rules are making a comeback now that the party again controls the FCC’s majority. Enacted when Barack Obama was president and repealed in 2017 during the Trump administration, the guidelines that once prohibited telecommunications and cable companies from blocking or throttling smaller content platforms, or those in which they had no ownership stake, could get a vote as early as next month. Speaking at the National Press Club, FCC Chair Jessica Rosenworcel said she is “sharing with [her] colleagues a rule making that proposes to restore net neutrality.” Continue reading FCC Preps Draft Proposal That Plans to Restore Net Neutrality

Charlie Ergen, founder and chairman of the Dish and EchoStar satellite broadband companies is merging the two units in an all-stock deal he says will better position his empire to compete with AT&T and Verizon in the market for next-generation wireless services. Dish, which operates Boost Mobile, currently has a deal with T-Mobile for 5G. FactSet places Dish’s current market value at just above $4 billion and EchoStar at nearly $2 billion. “This is a strategically and financially compelling combination that is all about growth and building a long-term sustainable business,” said Ergen. Continue reading Dish, EchoStar to Merge in Play for Next-Gen Wireless Market

Verizon has teamed with New York’s Metropolitan Museum of Art on a discovery app called Replica that lets consumers scan artwork to generate digital collectibles. The augmented reality Replica experience lets museum visitors scan items using a mobile app that stores them to Roblox as objects or avatar accessories. Roblox account holders can also virtually explore the Met’s facade and partake in other immersive experiences. The effort follows a previous Verizon collaboration with the museum and indicates the way institutions can leverage AR to engage consumers. Continue reading The Met Teams with Verizon to Create Roblox AR Experience

YouTube TV is bundling Warner Bros. Discovery’s Max with its own NFL Sunday Ticket out-of-market football package. YouTube parent Google entered into an exclusive, seven-year deal to offer the NFL Sunday Ticket package through YouTube TV and YouTube Primetime Channels, beginning with the 2023 season. Max has become a Sunday Ticket partner as part of a broader deal with WBD that includes getting Google TV behind WBD’s relaunch of HBO as Max. Philipp Schindler, chief business officer for Alphabet and Google, shared news of the promos with analysts during his company’s Q2 earnings call. Continue reading YouTube TV Will Bundle WBD’s Max with NFL Sunday Ticket

Microsoft is launching Bing Chat Enterprise, a business-focused version of Bing Chat with data privacy and governance controls. The company is also introducing Visual Search in Bing Chat and new AI features for Azure, revealed at its Inspire 2023 conference this week. In addition, the cloud-based Copilot plan “combines the power of large language models with your data in the Microsoft Graph and Microsoft 365 apps” for a new way of working using only natural language prompts. Currently in early access, Copilot will be priced at $30 per user per month for Microsoft 365 E3, E5, Business Standard and Business Premium subscribers. Continue reading Microsoft Intros Bing Chat Enterprise, New AI Tools for Azure

Netflix introduced a password sharing option for non-household members in the United States this week. Netflix subscribers can “buy an extra member” for an additional $7.99 per month for streaming users who live outside the home. Simultaneous with the rollout, Netflix said it will start blocking unauthorized users of borrowed passwords. “Your Netflix account is for you and the people you live with — your household,” Netflix emailed its U.S. customers, providing instructions on how to “check who is using your Netflix.” The company is also making paid sharing available in additional international territories. Continue reading Netflix Expands Crackdown on Password Sharing to the U.S.

BuzzFeed is closing its Pulitzer Prize-winning BuzzFeed News operation in a consolidation aimed at improving the company’s balance sheet. “We are reducing our workforce by approximately 15 percent today across our business, content, tech and admin teams, and beginning the process of closing BuzzFeed News,” BuzzFeed CEO Jonah Peretti explained in a memo to staff on Thursday. The layoffs will affect about 180 employees. The company will continue operating the meme-driven BuzzFeed.com while HuffPost, acquired in 2020 from Verizon, will carry the mantle for news reporting. Continue reading BuzzFeed News Closing as the Industry Continues to Struggle