Verizon's wireless revenue prospects are looking up, according to Deutsche Bank analysts, who predict the carrier will record its first year-to-year quarterly increase in wireless services revenue since 2014. In a research note, analysts pointed to quieter competition and offered bullish sentiments based on industry trends.
AT&T will buy the part of Otter Media that it shares with The Chernin Group in a deal that reportedly was delayed by the Time Warner merger but is now expected to be completed this summer. Otter is an internet video company whose assets include Fullscreen and Crunchyroll.
Nielsen is responding to industry demands for a better way of measuring ads on streaming-video services under a partnership with Comcast's FreeWheel ad-service platform. FreeWheel serves over-the-top clients beyond Comcast.
Cisco is acquiring July Systems in an effort to boost business with enterprises that need Wi-Fi-based location services in large indoor areas. July, a longtime Cisco partner, will integrate into Cisco's Enterprise Networking Group.
UK-based Colt Technology Services has arrived in North America, providing wholesale data center and enterprise network services in a dozen US cities, plus Toronto. "There's pent-up demand for high-bandwidth services, especially for US-Asia, as well as US-Europe -- customers have been asking us to do this," Colt CEO Carl Grivner said.
Roku has plans to create and launch a video subscription marketplace similar to Amazon Channels, sources say. The service would allow Roku users to sign up for and access subscription video services without having to download individual apps.
Disney is expected to add a cash offering to its all-stock bid for 21st Century Fox assets in an effort to beat Comcast's competing bid, sources say. The company's current bid is valued at around $55.5 billion, while Comcast has offered $65 billion in cash for the assets, which include Fox's movie studios, several cable networks and stakes in Hulu and Sky.
New York City's telecom office wants to bring Wi-Fi connectivity to underserved parts of all five boroughs and has issued a request for proposals for installation of wireless equipment on light and utility poles. Officials say the move is also aimed at bringing 5G services to the entire city.
Fox's board and Chairman Rupert Murdoch were prepared to sell 21st Century Fox assets to Disney until Comcast threw its hat in the ring to purchase the assets for $65 billion. The Fox board will be meeting this week to discuss the terms of the Comcast deal, while a meeting to vote to approve Disney's bid is still scheduled for July 10.