Expressing a range of opinions about Charter Communications' just-proposed $10.4 billion purchase of Bright House Networks, media investment analysts say big mergers will not address the cable industry's preeminent threat, over-the-top distribution.
Novatel Wireless CEO Alex Mashinsky, who joined the company about one year ago, says that in order to succeed in the Internet of Things space, you have to deliver a solution to a problem better than your competition. For Novatel to succeed, it needed to acquire Feeney Wireless, a small Eugene, Ore.-based company with about 91 full-time employees.
The Wall Street community has reacted positively to Charter Communications' decision to pursue a $10.4 billion purchase of Bright House Networks, sending the MSO's stock up 5.3 percent as of the close of the Nasdaq Tuesday.
Charter Communications says its $10.4 billion purchase of Bright House Networks will help it assimilate Time Warner Cable systems acquired via the complex, three-way GreatLand Connections deal.
Charter Communications announced it plans to purchase Bright House Networks for $10.4 billion. The deal, which had been rumored in reports earlier this month, would combine the nation's sixth and fourth largest cable operators into a company that Charter said would be the second-largest cable operator in the United States.
ATLANTA--AT&T will be in a much better position to renegotiate content licensing deals with content owners once it closes its $49 billion acquisition of DirecTV, according to AT&T executive Ralph de la Vega. AT&T's goal is make it much easier for consumers to get TV content on their smartphones and tablets without having to worry about whether or not they will be able to do so because of content rights, he said.
While the competition is mulling ways to take customers away from WLAN vendor Aruba Networks as it gets combined with HP, Aruba is preparing its customers for what it calls better days ahead.
It didn't take long for Aruba Networks' competitors to seize on the company's acquisition by HP, letting the world know that they will take advantage of the situation and do their best to steal market share where they can.
Comcast is in negotiations to acquire TV ad tech company Visible World, according to the Wall Street Journal, citing unnamed individuals familiar with the talks.
While the "over-under" in recent weeks seems to have tilted against regulatory approval of the proposed Comcast-Time Warner Cable merger, a new wave of analyst comments compiled by Bloomberg seems to suggest that tighter, Title II-oriented reform of Internet regulation might actually help the deal's prospects.