Tag Archives: Verizon

We’re About to Lose Net Neutrality — And the Internet as We Know It


By Marvin AmmoriNet neutrality is a dead man walking.

That’s where we are today — waiting for the most powerful court in the nation, the DC Circuit, to rule in Verizon’s case. During the case’s oral argument, back in early September, corporate lobbyists, lawyers, financial analysts, and consumer advocates packed into the courtroom: some sitting, some standing, some relegated to an overflow room.

Once the court voids the nondiscrimination rule, AT&T, Verizon, and Comcast will be able to deliver some sites and services more quickly and reliably than others for any reason. Whim. Envy. Ignorance. Competition. Vengeance. Whatever. Or, no reason at all. more> http://tinyurl.com/mst92nj

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AT&T and Verizon Stay Silent About NSA Internet Snooping


By Sam Gustin – AT&T and Verizon, which control key points of the nation’s communications infrastructure, have worked with the NSA to install equipment that “copies, scans and filters large amounts of the traffic that passes through,” according to the Wall Street Journal. The telecom giants have installed the filtering equipment at more than a dozen key points throughout the nation’s communications grid, the paper reported.

The purpose of the systems is to collect “foreign intelligence” in an effort to prevent terrorist attacks against the United States and its allies. The systems are authorized under Section 702 of the Foreign Intelligence Surveillance Act (FISA). Although the systems are supposed to target people “reasonably believed” to be located outside the U.S., recent revelations suggest that domestic communications have been “incidentally” collected. more> http://tinyurl.com/kogzkhl

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Verizon eyes Canadian wireless start-ups


By Alastair Sharp and Euan Rocha – One of the sources said Verizon had last week presented a tentative offer of $600 million to $800 million for Wind Mobile, with final pricing subject to due diligence. Another source cited Verizon’s talks with Mobility, a rival startup.

The U.S. telecom leader, which sold its minority stake in Telus Corp (T.TO) in 2004, is looking to re-enter the Canadian market to boost its growth prospects. more> http://tinyurl.com/pw9mt6l

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Verizon Voice Link plan for Fire Island approved by NY commission


By Samantha Bookman – State officials found themselves in a tough spot on the issue. As Memorial Day weekend looms, signaling the start of the summer season at Fire Island–a popular vacation spot–the PSC needed to get communications up quickly. At the same time, Verizon stated that the cost of replacing poles and lines on the island was too high to get a return on its investment, due to the low number of year-round residents. more> http://tinyurl.com/o2jx4xf

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Vodafone $100 Billion Stirs Payout, Deal Dreams: Real M&A


By Amy Thomson – Vodafone Group Plc (VOD)’s investors have ideas for the $100 billion or more that the company stands to pocket for its stake in Verizon Wireless: first, a fat dividend — then, deals.

After Vodafone lost more than half its value since Verizon Wireless began offering mobile services in 2000, shareholders such as Ignis Asset Management say Vodafone’s priority should be to return a large amount to investors. Even if Vodafone gave stockowners half of the at least $100 billion in proceeds, the carrier still will be left with $62 billion, including current cash. That would be enough firepower to buy Germany’s largest cable operator Kabel Deutschland Holding AG (KD8) and John Malone’s Liberty Global Inc. (LBTYA), KBC Asset Management said. more> http://tinyurl.com/q3ty8bz

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