Dish Network LLC (Nasdaq: DISH) defended the aims of its acquisition of two bankrupt satellite operators in an Federal Communications Commission (FCC) filing, claiming that its proposal would push forward the agency's priority of "deploying broadband networks to every American." Dish is trying to transfer ownership of spectrum from TerreStar and DBSD North America Inc. and is asking for a waiver that would let it move ahead on a plan to create a hybrid terrestrial-satellite broadband service under a new subsidiary called Gamma. (See Dish Sizing Up Mobile Broadband Service .)
Comcast Corp. (Nasdaq: CMCSA, CMCSK) is taking a deeper run at T-1 competition after extending its trunk-based VoIP services and Docsis 3.0-fueled 100Mbit/s downstream by 10Mbit/s upstream Internet offering to businesses in Michigan.
Netflix Inc. (Nasdaq: NFLX) CEO Reed Hastings has taken the brunt of the blame for a recent string of blunders that has wiped about $12 billion of the company's value, but analysts tell The San Francisco Chronicle that it's unlikely that the company will look to replace him anytime soon, noting that Hastings, who is also Netflix's president and chairman of the board, still has firm control and remains the company's visionary, so there may be no other alternative at this point, anyway. (See Netflix Loses 810,000 Subs .)