AT&T agrees to sell its majority stake in DirecTV to private equity firm TPG for $7.6B in cash, including $1.7B in pre-tax quarterly distributions in H2 2024
- DirecTV is holding advanced talks to merge with rival Dish — AT&T and TPG are owners of DirecTV, which was founded in 1994
Sources: US officials have told Google, Meta, and others about concerns that undersea cables could be vulnerable to tampering by China-owned repair ships
no easy ask in a sector that's globalized by design Jonathan Cheng / @jchengwsj : U.S. officials are privately warning its telecommunications companies: Undersea cables that ferry ...
Interviews with 30+ of Elon Musk's colleagues and dozens of others detail his growing power, childhood, career, politics, role in Russia's Ukraine war, and more
How the U.S. government came to rely on the tech billionaire—and is now struggling to rein him in.
Canadian coffee chain Tim Hortons proposes offering customers a free hot drink and baked good as a settlement for collecting their location data for over a year
Joseph Cox / VICE : Tweets: @journeydan , @loopemma , @counternotions , @drewfitzgerald , @taylor_owen , @kantrowitz , @robaeprice , @rahulmehrotraa , @thekenyeung , @martinsfp , ...
AT&T and Verizon reject the US Transportation Secretary's and FAA's request to delay rolling out new 5G services near airports, but may pause some deployments
Airlines warned of increased flight delays after AT&T Inc. and Verizon Communications Inc. brushed aside a U.S. government request …
As the FAA forces AT&T and Verizon to delay 5G rollouts, a look at the FAA and the FCC's dispute over 5G and cockpit safety, which started under the Trump admin
As the FAA forces AT&T and Verizon to delay 5G rollouts, a look at the FAA and the FCC's dispute over 5G and cockpit safety, which started under the Trump admin
Q&A with John Binns, a 21-year-old American living in Turkey, who claims responsibility for the recent T-Mobile hack and says its security is “awful”
revealing your full legal name and location—is an interesting strategy. https://www.wsj.com/... Daniel Lippman / @dlippman : “The young hacker said he did it to gain attention. ‘Ge...
T-Mobile says an investigation found 7.8M current users and 40M past and prospective users who applied for credit had information stolen in a cyberattack
- About 7.8 million current customers had information stolen — Records from former and prospective users also accessed Source: T-Mobile .
Filing: Facebook pulls out of the Hong Kong-Americas undersea fiber project amid US pressure, after putting its Pacific Light Cable Network on hold in August
Wall Street Journal :
Interview with Ajit Pai, who outlasted many senior officials in the Trump administration, on 5G, internet access, and FCC's independence over his tenure
Drew FitzGerald / Wall Street Journal :
Top nine streaming services to end 2020 with combined US subscribers up 50%+ YoY; US households now subscribe to 3.1 services on average, up from 2.7 in 2019
From Hulu to Disney+, largest streaming services are expected to end the year with 50% more U.S. subscribers
Sources: Google is laying the groundwork for a fiber-optic network that will connect historical enemies Saudi Arabia and Israel for the first time
watch these spaces: https://www.submarinecablemap.com/ ... https://www.submarinecablemap.com/ ... https://twitter.com/... Avi Kaner / @avikaner : Google is preparing a fiber-optic ...
Users working from home are running into internet usage limits as ISPs reinstate data caps they suspended at the beginning of the pandemic
Lillian Rizzo / Wall Street Journal :
Sources: cellular carriers are lobbying against the proposed 5G leases from DOD, saying Pentagon's plan will affect value of their current and future licenses
Drew FitzGerald / Wall Street Journal : Tweets: @declanganley , @drewfitzgerald , @tommiuitto , and @ericssonna Tweets: Declan Ganley / @declanganley : This just up on @WSJ sheds ...
Sources: AT&T is again exploring a DirecTV sale and is in talks with PE firms for a deal that could value it below $20B; AT&T bought DirecTV for $49B in 2015
Wall Street Journal :
T-Mobile says its massive outage on Monday was caused by failures of a leased third-party fiber circuit and its backup that resulted in an “IP traffic storm”
“We did not meet our own bar for excellence,” writes T-Mobile's CTO — If you've been wondering what could knock …
FCC may move ahead with a $16B plan to boost rural broadband access, even without a clear picture of service gaps, as ISPs' coverage data lacks granularity
or can't—get true broadband, and data from internet-service providers is flawed. https://www.wsj.com/... Drew FitzGerald / @drewfitzgerald : 1. FCC data show wireless ISP covers ru...
Sources: AT&T is discussing Google's dominance in the ad sector with DOJ officials as the government weighs whether to bring an antitrust action against Google
Wall Street Journal : Tweets: @wsj , @yungsifustan , @drewfitzgerald , and @ericgarland Tweets: @wsj : AT&T has conferred several times with Justice Department officials to share ...
Report: US officials are trying to block an undersea cable backed by Google and Facebook connecting Los Angeles to Hong Kong over national security concerns
a line that for the most part is already built https://www.wsj.com/... w/ @Kate_OKeeffe @JNBPage Jonathan Cheng / @jchengwsj : New: U.S. officials are seeking to block an undersea ...