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As online video thrives, TV companies push back

Agence France-PresseMay 15, 2013 01:30
The evolving TV and video industry faces uncertainty as it embraces new technology like wireless streaming, as traditional US broadcasters urged lawmakers Tuesday to help preserve their marketplace primacy. In a wide-ranging hearing on the state of video, communications company executives debated the role of government in regulating the huge American market, with cable and broadcast groups stressing that legislative changes are not needed to fix a system they insist is working as it should.

Netgear estimates profit below analyst expectations

April 15, 2013 18:45
(Reuters) - Network equipment maker Netgear Inc estimated first-quarter revenue and earnings below analysts' expectations, citing lower-than-planned shipments of its new network attached storage product. Shares of Netgear fell as much as 8 percent in trading after the bell. They closed at $30.88 (20.2 pounds) on the Nasdaq on Monday. "The late introduction (of ReadyNAS) was not expected to have such an impact on revenue in the quarter," BWS Financial analyst Hamed Khorsand told Reuters.

DISH offers $25.5 bn for Sprint Nextel

April 15, 2013 11:01
US satellite-television provider DISH Network launched a $25.5 billion takeover offer Monday for Sprint Nextel, topping the $20 billion bid from Japan's SoftBank. DISH said in a statement it was offering to buy the third-largest US wireless carrier for $17.3 billion in cash and $8.2 billion in stock. "The DISH proposal clearly presents Sprint shareholders with a superior alternative to the pending SoftBank proposal," said Charlie Ergen, chairman of DISH Network, in a statement.

DISH offers $25.5 bn for Sprint Nextel

April 15, 2013 10:46
US satellite-television provider DISH Network launched a $25.5 billion takeover offer Monday for Sprint Nextel, topping the $20 billion bid from Japan's SoftBank. DISH said in a statement it was offering to buy the third-largest US wireless carrier for $17.3 billion in cash and $8.2 billion in stock. "The DISH proposal clearly presents Sprint shareholders with a superior alternative to the pending SoftBank proposal," said Charlie Ergen, chairman of DISH Network, in a statement.

DISH offers to buy Sprint Nextel for $25.5 bn

April 15, 2013 08:00
US satellite television provider DISH Network said Monday it had made an offer to buy wireless provider Sprint Nextel, putting its value at $25.5 billion (19.5 billion euros). The satellite company plans to finance the purchase with $17.3 billion in cash and $8.2 billion in stock, according to a statement. The merger would "create the only company that can offer customers a convenient, fully-integrated, nationwide bundle of in- and out-of-home video, broadband and voice services," DISH Chairman Charlie Ergen said in a statement.

US regulators give Wi-Fi more breathing space

February 21, 2013 12:46
US telecom regulators have moved to expand the capacities for Wi-Fi Internet access with more room on the broadcast spectrum and "more flexible" rules. The Federal Communications Commission said actions announced Wednesday would "unleash significant additional spectrum to accelerate the growth and expansion of new Wi-Fi technology" with faster speeds, more capacity and reduced congestion at Wi-Fi hot spots. The agency said it was proposing a 35 percent increase in the range of spectrum in the 5 GHz band for "unlicensed wireless devices," which use Wi-Fi.

UPDATE 2-U.S. FCC's spectrum proposal seeks to ease Wi-Fi congestion

February 20, 2013 17:30
* Crush of mobile devices can slow Internet traffic * Move would open some airwaves used by government to public (Adds background) By Alina Selyukh WASHINGTON, Feb 20 (Reuters) - U.S. regulators on Wednesday proposed to free certain slices of airwaves in an ongoing effort to tackle the shortage of available wireless spectrum, a move that could ease Wi-Fi congestion in airports, stadiums and other high-use hubs.

FEATURE-America's national parks weigh solitude against cellular access

January 19, 2013 04:30
* Yellowstone considers proposal to erect new wireless tower * Some visitors feel cut off without mobile-phone reception * Both supporters and detractors cite public safety By Laura Zuckerman SALMON, Idaho, Jan 19 (Reuters) - As cell phones, iPods and laptops creep steadily into every corner of modern life, America's national parks have stayed largely off the digital grid, among the last remaining outposts of ringtone-free human solitude.
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