January 28, 2008 - Verizon posts FiOS, wireless gains

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January 28, 2008 Sign up Forward Archive Advertise Read more at SmartBrief.com News for telecom industry leaders Search recent stories:       News of the Day    Verizon posts FiOS, wireless gains Verizon Communications reported slighter higher profit and revenue in the fourth quarter from a year earlier, thanks in large part to gains reported from its wireless and FiOS service offerings. Broadband connections were up 18% at the close of 2007, with the telecom's FiOS customer base closing in on 1 million. CEO Ivan Seidenberg told investors to expect strong revenue growth in 2008. Bloomberg/ClipSyndicate (1/28) , The Wall Street Journal/Dow Jones Newswires (subscription required) (1/28) , Reuters (1/28)   Business & Industry Watch  Qwest chief brings a retail perspective Qwest Communications International CEO Ed Mueller has the typical telecom background for his new post except for one resume item: He spent three years as CEO of Williams-Sonoma, parent of the Pottery Barn and Williams-Sonoma stores. Telephony Online (1/28) Day-two spectrum bids top $3.7 billion The second day of bidding on a highly sought after block of spectrum earmarked for advanced wireless services reached $3.7 billion, up from $2.78 billion Thursday, but no new players joined the roster Friday. The FCC will not reveal who the bidders are until the auction is completed, and analysts noted the lack of new interest in the "D" block frequencies, which the winner must share with public-safety agencies. The Washington Post/Reuters (1/25) CLECs pushing hard for market share CLECs have signaled their aggressive plans to compete this year with a slew of announcements related to new pricing models, product launches and business strategies, according to this article. Telephony Online (1/28) FCC seeks cap on Universal Service Fund The FCC is expected to begin a rule-making procedure as early as today aimed at cutting costs associated with the Universal Service Fund. Among the plans under consideration is the use of a reverse-auction system to select subsidy recipients and a separate proposal to reduce payments to carriers for serving rural areas. The Wall Street Journal (free content) (1/28) IPTV: challenges and opportunities Developing a successful value-added service is key to future success; IPTV currently offers the most significant opportunity here and is a much discussed topic. By 2011 Ovum estimates that there will be 55 million IPTV subscribers; a significant percentage of the total market. This report highlights the major trends shaping the future of the IPTV market.   Hot Topics    Top five news stories selected by USTelecom dailyLead readers in the past week. AT&T's U-verse rolls out first VoIP service (The Detroit News) First-day spectrum bids reach $2.8 billion (Bloomberg) AT&T sets "late 2008" date for network upgrade (Telephony Online) SureWest sells wireless assets (CNNMoney.com) Broadband, mobile give AT&T a boost (Bloomberg) Results based on number of times each story was clicked by readers. Henkels & McCoy NetWorks, formerly the Network Systems and Solutions Division, is now "open for business" at its new head­quarters in Plymouth Meeting, Pennsylvania. Download our PDF to learn more! Infrastructure for the New Century.   Video Upload  Fear not, FearNet gets Veoh carriage FearNet, the horror-genre online channel that is owned by Comcast, has inked a distribution deal with Veoh Networks. As part of the deal, FearNet developed a branded channel for Veoh that includes movies, interviews and even footage from horror conventions. Mediaweek (1/25) SK Telecom will offer hit Sony movies via mobiles South Korea's SK Telecom has struck a wide-ranging distribution deal with Sony Pictures Television to bring 200 Hollywood films to mobile devices, including "Spider-Man 3" and "The Da Vinci Code," the carrier said. "We have already been offering several Korean movies on mobile phones, but this contract is different because of the brand value of Hollywood films," said SK's Lee Kyo-hyuk. The Korea Times (1/28) Analysis: The "stealth" drivers of the Web-TV trend By 2013, roughly 70% of U.S. consumers will have the ability to watch TV shows and Web video on the same device. The three "stealth drivers" of this technological trend, according to Herve Utheza, vice president and executive producer for TV properties at Orb Networks, and Gary Morgenthaler, a partner at Morgenthaler Ventures, are: providers of free, digital broadcasts paired with on-demand pay content over home broadband; TV makers that include an Ethernet jack; and the TV-compatible video game console. BusinessWeek (1/28) Changes may bring Apple TV into more living rooms Analysts continue to weigh in over recent changes made to the Apple TV set-top box, including its new HD support and backing from Hollywood's major movie studios. Apple, along with other industry companies such as Microsoft, has struggled to capitalize on the "digital living room." MacNewsWorld.com/San Jose Mercury News (1/28)   Technology Trends  Cisco introduces switcher as hub of business strategy Cisco Systems is expected to announce today the introduction of the Nexus 7000, a platform that the company considers its most important launch of switching technology since the Catalyst Ethernet switch in 1994. The modular chassis is an all-in-one device that will become the foundation for its enterprise strategy of persuading large companies to use Cisco technology in building more efficient data centers. CNET (1/27) The Buzz(CORPORATE ANNOUNCEMENTS) Innovative Installation Techniques for Fiber Drop Terminals As fiber-to-the-premises (FTTP) deployments increase, innovative methodologies are being developed to make the installer's life easier. Better products are helping to streamline the process of offering triple-play services to the consumer. Register for ADC's Next Gen white paper series. Interested in learning more about advertising in the USTelecom dailyLead? Contact Eric Hoffman at 773-549-3868 or ehoffman@smartbrief.com.   IP Download  Analysis: Recession not likely to slow broadband speeds Despite an economic slowdown that may or may not lead to a national recession, telecom and cable companies are moving full steam ahead to improve the speeds of their broadband offerings, according to this article. "Irrespective of a recession, there is a growing need for speed that is raising the stakes for broadband providers," said Sanford C. Bernstein analyst Craig Moffett. BusinessWeek (1/28) Despite patent issues, Vonage CEO is upbeat Vonage Holdings CEO Jeffrey Citron remains a hard-core optimist about his company's future despite losing a slew of patent disputes that sent his stock into a nose dive and prompted analyst skepticism about the viability of a standalone VoIP business. Citron said Vonage could survive by grabbing only a tiny segment of the huge market for Internet telephony services. USA TODAY (1/27)   LeadQuote  The truest greatness lies in being kind, the truest wisdom in a happy mind." --Ella Wheeler Wilcox, poet and author       This dailyLead was created for webmaster@freeraovat.com Subscriber Tools       Update account information |  Change e-mail address |  Unsubscribe |  Print friendly format |  Web version |  Search past news |  Privacy policy Advertise Sales Account Director:  Amy Abbey (202) 737-5500 x250 Download Media Kit   Read more at dailyLead.com A powerful Web site for dailyLead readers including: Breaking News Industry Home Competitor News Readers' Choice Press Releases Search Archive       Recent USTelecom dailyLead Issues: Friday, January 25, 2008 Thursday, January 24, 2008 Wednesday, January 23, 2008 Tuesday, January 22, 2008 Monday, January 21, 2008     Lead Editor:  Susan Rush       Mailing Address: SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005     © 1999-2007 SmartBrief, Inc.® Legal Information