Some of the names on the move ahead of the open.» Read More
Wheeler told members of Congress an agreement was reached between the carriers and the agency, and details will be presented at an FCC meeting later on Thursday. The deal would also require carriers to process or deny unlocking requests within two business days, according to FCC's earlier guidance.
Dec 12- Network equipment maker Ciena Corp forecast current-quarter revenue largely below Wall Street estimates as its telecom customers held back on spending in the last few months of the year. Ciena shares fell as much as 6 percent after the company also reported lower-than-expected fourth-quarter profit due to higher costs.
Dec 12- Network equipment maker Ciena Corp reported a lower-than-expected quarterly profit as costs rose 20 percent and forecast current-quarter revenue largely below Wall Street estimates, sending its shares down 11 percent before the bell.
Dec 12- Network equipment maker Ciena Corp reported a lower-than-expected quarterly profit as costs rose 20 percent, sending its shares down 8 percent before the bell. Ciena's net loss narrowed to $9.8 million, or 9 cents per share in the fourth quarter, from $38.8 million, or 39 cents per share, a year earlier.
Dec 11- U.S. wireless operators on Wednesday fought back against an accusation from the New York State attorney general that they refused to install software that would act as a "kill switch" to discourage theft of smartphones.
BOSTON, Dec 11- Verizon Communications Inc told activist investors on Wednesday that it might skip a vote on a shareholder proposal that seeks details on the company's cooperation with government surveillance efforts.
BOSTON, Dec 11- Verizon Communications Inc told activists it may skip a vote on a shareholder proposal that seeks details on the company's cooperation with government surveillance efforts.
The No. 2 U.S. mobile operator made the request in a Dec. 5 letter to the U.S. Securities and Exchange Commission in response to shareholder activists pressing it on the matter. Among them is New York State Comptroller Thomas DiNapoli, who is the trustee of the state retirement fund.
The FCC is now drafting rules for the auction that would reshuffle the ownership of valuable frequencies among TV stations, as well as wireless carriers, which are clamoring for faster speeds and better services for their devices. "I believe we can conduct a successful auction in the middle of 2015," FCC Chairman Tom Wheeler said in a blog post on Friday.
The FCC will auction the so-called H Block frequencies in the first opportunity the regulator has offered companies to acquire ownership of new airwaves since 2008..
On Jan. 22, the FCC will auction off the so-called H Block frequencies in the first opportunity that the FCC has had for companies to acquire new spectrum since 2008..
Dec 2- Akamai Technologies Inc said it will spend about $370 million to acquire Prolexic Technologies Inc, a pioneer in fighting distributed denial of service attacks, cyberthreats that cripple networks by overwhelming them with Internet traffic.
But specialists said weeks of work lie ahead, including a major reconfiguration of the computer hardware.
The Centers for Medicare and Medicaid Services said it is replacing data center services from Verizon Communications Inc's Terremark subsidiary, with services from Hewlett-Packard Co..
WASHINGTON, Nov 27- The U.S. government is switching providers of Web hosting services for the troubled HealthCare.gov website, replacing Verizon Communications Inc's Terremark subsidiary with Hewlett-Packard Co, the Centers for Medicare and Medicaid Services said on Wednesday. The contract was first reported by the Wall Street Journal.
How on earth did the National Security Agency get data from Yahoo and Google without them knowing about it? The New York Times reports.
Nov 22- U.S. companies' borrowing to spend on capital investment was unchanged in October, the Equipment Leasing and Finance Association said.
Apple and Samsung dominate the U.S. smartphone market, but Chinese firms like ZTE and Huawei have a growing presence.
But the devices are still not allowed to connect to any ground networks and FCC rules have long banned the use of cellphones aboard.
Of the Big 4 wireless companies, Verizon and T-Mobile did the best job of making their customers happy, according to a survey. But you may want to read on.