Charter Communications' $56.7 billion purchase of Time Warner Cable, and simultaneous $10.4 billion grab of Bright House Networks immediately vaults the company into the No. 2 position among U.S. broadband service providers, and the No. 3 slot for U.S. pay-TV suppliers.
Gracenote, a prominent provider of metadata services to the pay-TV industry, has announced the $54 million purchase of to several sports data services and the launch of its new Gracenote Sports division.
As CenturyLink looks to build its revenue back into profitability, R. Stewart Ewing, the carrier's executive vice president and chief financial officer, said that he sees three opportunities to add $140 million to $150 million to its profit in the second half of 2015.
Count backend business services provider CSG International among those who are pleased that the $45 billion merger between Comcast and Time Warner Cable didn't occur.
Electric Lightwave, Integra's wholesale and large business services arm, is serving up a new 100G managed optical Spectrum service that it says will serve as an alternative to a wholly-owned dark fiber solution.
AT&T has been enriching its business services offering with a new fiber footprint that can now deliver 1 Gbps services to multi-tenant office buildings in more than 180 cities in the United States.
Vonage is bolstering its marketing power as it moves further into the business services space by naming Monster.com executive Ted Gilvar be chief marketing officer (CMO).
Charter Communications' proposed $10.4 billion purchase of Bright House Networks augments its position in the business services market, which is currently dominated by Comcast and Time Warner Cable. With the deal, and its associated Ethernet footprint that includes 18,000 miles of fiber, Charter increases its scale across business services in a number of key vertical industry segments, including healthcare, hospitality, government and education.
Time Warner Cable remains the top cable MSO providing Ethernet services to small to medium businesses and large business customers, according to Vertical Systems Group's 2014 Cable MSO Ethernet Leaderboard.
Each quarter Level 3 Communications has been making progress in growing its Core Network Services (CNS) revenues, with enterprise services being the key driver.