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| Business & Industry Watch |
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|  | Breaking down the Sprint-Nextel merger
Sprint and Nextel Communications have agreed to a $35 billion merger that will create the third-largest mobile phone operator in the U.S. The following stories analyze the deal and discuss its potential impact on the wireless market.
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|  | Companies make a wireless bet: The Sprint-Nextel merger is founded on the idea that wireless communications will continue to grow, The Wall Street Journal reports. The Wall Street Journal (12/16) |
| | Mobile phone industry hit by wave of consolidation: The deal between Sprint and Nextel Communications reflects a trend toward consolidation that is reshaping the mobile phone industry, The New York Times says. NYTimes.com (12/16) |
| | Deal puts pressure on smaller wireless providers: The Sprint-Nextel combination will put heavy competitive pressure on smaller mobile phone players including national carrier T-Mobile, according to BusinessWeek. Bloomberg Businessweek (12/16) |
| | Time Warner in $510 million settlement with federal regulators
Time Warner has reached an agreement with federal regulators over accounting at its America Online unit.
Time Warner will pay $510 million to settle criminal and civil securities-fraud charges and end investigations by the Department of Justice and the Securities and Exchange Commission. Bloomberg Businessweek (12/16), Los Angeles Times (12/16), NYTimes.com (12/16), The Wall Street Journal (12/16)
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| | Verizon in deal to carry Discovery channels over FiOS
Verizon Communicationshas reached a deal that will allow it to distribute Discovery Communications' 14 cable channels over its new FTTP network. The agreement is the first programming deal for Verizon's FiOS service, which will provide voice, video and data services through a single connection. TVWeek.com (12/16)
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| | Planning Your 2005 Advertising Campaigns? |  | | |
| Telecom dailyLead advertising delivers your message daily to 31,000+ telecom industry executives. Click here to request a 2005 Rate Card online or contact Eric Hoffman (ehoffman@smartbrief.com, 312.643.5161). |
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| USTA Says FCC Order Leaves Economy, Businesses and Consumers on Hold
Yesterday, the FCC released its latest attempt to devise lawful rules that would promote real competition in the telecom industry. USTA President Walter McCormick said that while the FCC is moving in the right direction, the Commission failed to take advantage of this opportunity to update the nation's telecom laws. "Unfortunately, the Commission continues to perform a regulatory two-step, which leaves the industry right back where it started with government-managed competition." Read more.
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| Emerging Technologies | | Sponsored By: | |  |
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| | FCC approves wireless broadband use during flights
The FCC yesterday voted to auction off wireless spectrum that could be used to provide in-flight high-speed wireless Internet access. A widespread rollout could happen as early as 2006, CNET reports. CNET (12/15)
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| | | NEW 2005 Edition of Plunkett's Telecommunications Industry Almanac - No other guide covers the complete telecommunications industry like this exciting new volume. Includes industry statistics, trends, forecasts and in-depth company profiles. This is an indispensable tool designed to help you manage and expand your telecommunications operations. Where is the telecommunication industry headed in 2005? Click here to find out!
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| | | CONNECTIONSTM: The Digital Home Conference and Showcase, produced by Parks Associates in partnership with the Consumer Electronics Association, is the largest international executive conference for digital home technologies. CONNECTIONS(TM) will be held May 11-13, 2005 in San Francisco and is now accepting submissions to participate at the event. Market Areas include: broadband-related infrastructure and services, residential gateways, home networks, digital entertainment, and home management. Deadline: Dec. 31, 2004. Submit your proposal at www.connectionsconference.com |
| Regulatory & Legislative |
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| | Emergency GPS shutdown plans reviewed
According to an administration official, President George W. Bush has ordered the Defense and Homeland Security departments to plan for an emergency shutdown of global positioning satellites in the event of a national crisis. The move anticipates the possibility of terrorists using GPS to coordinate attacks. USA TODAY (12/16)
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| | U.K. lowers broadband access costs for BT competitors
British telecom regulator Ofcom lowered the price competitors pay to BT to offer broadband access over BT's lines by up to 70%. Ofcom is seeking additional price reductions for rival telecoms that seek to offer bundled voice and broadband to customers. BBC (12/16)
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| | Maryland judge rules state's anti-spam law unconstitutional
A judge has ruled that Maryland's anti-spam law violates the Commerce Clause of the U.S. Constitution because it seeks to regulate business transactions in other states. The ruling could result in the overturning of the Maryland law, but it is not binding on other courts. The Washington Post (12/15)
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