Cable operators are video guys who are now also broadband guys. But we've got a broadband guy trying to be a video guy, too, now that Sonic.net has filed a video franchise application in California. It already offers a DirecTV Group Inc. (NYSE: DTV) bundle, but wants the franchise so it can stream local channels to subs over-the-top, reports NewTeeVee.
Total European Union cable revenues in 2010 rose by nearly 8 percent to €18.7 billion (US$26.1 billion), thanks to a 15.8 percent jump in digital cable subs, a 10.8 percent rise in phone customers, and a 10.5 percent boost in Internet subs.
UPC Austria and Arris Group Inc. (Nasdaq: ARRS) stretched the legs of Docsis 3.0 in a network trial that pumped out downstream bursts of 1.3 Gbit/s. UPC Austria's current fastest commercial cable modem tier tops out at 100 Mbit/s downstream.
The war chest of Liberty Media Corp. (NYSE: LMC) could swell to $10 billion if it's able to spin off Liberty Interactive, the unit that owns QVC and other media and Web properties, Liberty execs told investors on Wednesday.