United States

Anjali Athavaley

Comcast mulling new bid for Fox assets: sources

Feb 12 2018

Comcast Corp is considering a new offer for Rupert Murdoch's Twenty-First Century Fox assets, despite an agreement in December to sell them to Walt Disney Co for $52.4 billion, according to people familiar with the matter.

AT&T profit beats, CEO upbeat on Time Warner deal

Jan 31 2018

NEW YORK AT&T Inc reported quarterly profit that beat analysts' estimates on Wednesday, helped by tax cuts and new wireless subscribers, and its chief executive voiced confidence the company will complete its $85.4 billion acquisition of Time Warner Inc .

Verizon quarterly revenue, subscribers beat estimates

Jan 23 2018

NEW YORK Verizon Communications Inc on Tuesday reported quarterly revenue that exceeded analyst estimates as it added phone subscribers, and the company's chief executive said it was not currently considering a large media acquisition.

Drahi hits Altice reset button to court wary investors

Jan 09 2018

PARIS/NEW YORK Altice founder Patrick Drahi is reshaping his telecoms and cable group for the second time in as many months by splitting its U.S. and European operations, hoping to end a drastic downward share-price spiral. | Video

AT&T to launch 5G in U.S. by late 2018

Jan 04 2018

AT&T Inc will launch a fifth-generation mobile service in a dozen cities in the United States by late 2018, it said on Thursday, after international wireless standards for the network were finalized last month.

Altice drops Starz, directs customers to its online service

Jan 02 2018

Cable company Altice USA Inc is employing a new negotiating tactic when it comes to reaching agreements with content providers on prices: pointing customers to programmers' own streaming services.

T-Mobile to launch TV service in 2018, buy Layer3 TV

Dec 13 2017

NEW YORK T-Mobile US Inc said on Wednesday that it would launch a new streaming television service next year after buying startup Layer3 TV for an undisclosed amount.

AT&T begins testing high-speed internet over power lines

Dec 13 2017

NEW YORK AT&T Inc has started trials in Georgia state and a non-U.S. location to deliver high-speed internet over power lines, the No. 2 wireless carrier said on Wednesday, marking its latest push to offer faster broadband service to more customers.

Comcast drops bid for Fox assets, leaving Disney in pole position

Dec 12 2017

Comcast Corp said on Monday it had abandoned its bid for most of the assets of Rupert Murdoch’s Twenty-First Century Fox Inc, leaving Walt Disney Co as the sole suitor in pursuit of the $40 billion-plus deal.

AT&T CEO says blackout ban shows company willing to settle DOJ fight

Nov 29 2017

AT&T Inc's proposed seven-year ban on programming blackouts to distributors of some Time Warner Inc content shows that the company is willing to offer concessions to close its $85.4 billion bid for the programmer, AT&T's chief executive officer said on Wednesday. | Video

World News

As UAE hails Israel accord, silence from Saudi Arabia

As media and people in the United Arab Emirates hailed the Gulf state's deal to normalise relations with Israel as a diplomatic victory that helps the Palestinians, silence reigned in Saudi Arabia, longtime figurehead of regional policy towards Israel.