Individual service providers have yet to reveal anticipated Sandy-related costs, but more details about the financial impact of the storm could emerge next week, when Cablevision and TW Cable report third-quarter earnings. Verizon, meanwhile, said it's too early to estimate the financial impact from the storm, but did note in an 8-K filing Friday that Sandy will have a "significant" effect on the company's fourth-quarter operating results. (See Service Providers Still Fighting in Sandy's Aftermath.)
Service providers are working round the clock to get services restored, but access to power appears to be the long pole in the tent. Cablevision, for example, reported that about half its customers were without power as of Thursday morning. Verizon spokesman Bill Kula confirmed that the company expects to have services back up "in the hardest impacted zones ranging from a few days to up to two weeks." The latter timeframe is the "worst case scenario based on the restoration of commercial power," he added. In the meantime, Verizon, which hasn't said how many customers have been affected by the storm, has hundreds of central offices operating on backup generators. "The broader story is that we're making steady progress daily," Kula said.
Boxee is priming the pump for its new $99 broadband-connected device with a set of introductory offers, including three months of Netflix Inc. (Nasdaq: NFLX), three months of its cloud-based No Limits DVR (normally $14.99 per month), a $5.99 credit from Vudu, and a free month of Spotify Premium. The Boxee TV device, which blends OTT video and apps with over-the-air TV, went on sale Thursday at Walmart stores, Walmart.com and at Boxee.tv. Boxee is also working on deals that will bring authenticated TV Everywhere content to its new platform. (See Boxee CEO Now a Friend of Big Cable?)
Over-the-top video revenues will surge from an expected $8.2 billion this year to more than $32 billion by 2017, predicts ABI Research . Subscription services such as Netflix have dominated the OTT market of late, but the firm expects OTT rentals to supplant subscription revenues by 2014.
Cablevision on Friday said customers will get credit for any full or partial day during which Optimum services were down, including any disruption brought on by power outage. Customers can also exchange set-tops and other equipment damaged by the storm at no cost. More detail here. JB
Cox provided an update on its recovery from the storm as of Friday afternoon (Nov. 2):
- Back to business as usual in Virginia and Connecticut
- 98% of customers have working service in Rhode Island (versus 87 percent the morning of Oct. 31)
- More than 90 percent have working service in Clevelend (up from 70 percent as of the morning of Oct. 31).
The remainder in R.I. and Cleveland have a power or network issue "and we will continue to work closely with power companies until all service is restored," Cox spokesman Todd Smith said via e-mail. JB
Light Reading’s Upskill U is a FREE, interactive, online educational resource that delivers must-have education on themes that relate to the overall business transformation taking place in the communications industry.
Wednesday, September 28, 1:00PM EDT Gigabit 101 Will Barkis, Senior Technology Analyst, Orange
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
At Light Reading's NFV & Carrier SDN event in Denver, Ray Watson, vice president of Global Technology at Masergy, says that because of the growth in virtualization, the threat landscape is shifting in favor of the attackers. As a result, service providers need to think beyond just defending the perimeter and take a more holistic approach to security.
At September's NFV & Carrier SDN event in Denver, Light Reading sat down with Victoria Lonker, director of Product and New Business Innovation at Verizon, to chat about where the carrier is with delivering virtualized services to business customers.
Nick Thomas, practice leader of digital media at Ovum, talks about how digital transformation in the technology, media and telecom sectors will enable the development of a new range of applications and services for enterprises and consumers and how the upcoming Digital Futures event in London will examine ...
Heavy Reading Senior Analyst Jim Hodges speaks with Accenture's Larry Socher and Matt Anderson about what service providers must do to transform their business to get the benefits of SDN and NFV including: leveraging DevOps, introducing real-time OSS and implementing analytics.
VeEX's Senior Director of Business Development, Perry Romano, explains how VeEX provides tools to help install, maintain, monitor and manage network infrastructure efficiently and effectively. The portfolio of products on display include the RXT-6000, MTTplus and TX300s.
Light Reading Editor Mitch Wagner talks to NetScout CMO Jim McNiel about maximizing the benefits of enterprise cloud and digital transformation while minimizing potential pitfalls with a proper monitoring and instrumentation strategy.
Many of the initial use case implementations are single-vendor and self-contained. The industry is still climbing the virtualization maturity curve, needing further clarity and stability in the NFV infrastructure (NFVi) and greater availability and choice of virtualized network functions (VNFs). Interoperability between NFVis and VNFs from different vendors ...
Join us for an in-depth interview between Steve Saunders of Light Reading and Alexis Black Bjorlin of Intel as they discuss the release of the company's Silicon Photonics platform, its performance, long-term prospects, customer expectations and much more.
A vital part of increasing the number of women in comms is transforming the ways companies can support and empower women. While progressive company policies that support both men and women in achieving work-life balance are a step in the right direction, creating a company culture that supports those policies can at times be more challenging.
During this show, we'll talk to Lynn Comp, Senior Director of Industry and Sales Enabling (ISE) in the Network Platforms Group at Intel, about why those challenges exist and how companies can overcome them. She'll provide insight into how Intel has worked to create a culture that supports work-life balance, and provide steps and guidance for other companies wishing to do the same. We will also leave plenty of time to get your questions answered live on the air.