AT&T and The Chernin Group Commit $500M to OTT Video

AT&T and The Chernin Group, which manages and invests in media businesses around the world, will launch a joint venture targeting over-the-top (OTT) video services.  The companies agreed to commit over $500 million to the effort to bring advertising-supported and subscription VOD channels, as well as streaming services, to market. The Chernin Group brings media assets as well as expertise to the venture, including contribution of its majority...

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AT&T Reports Strong Wireless and Wireline Trends

Citing strength in both its wireless and wireline businesses, AT&T reported Q1 2014 revenues of 32.5 billion, up 3.6 percent versus the year-earlier period, the company’s strongest growth in more than two years. Compared with results for the first quarter of 2013, operating expenses were $26.2 billion versus $25.4 billion; operating income was $6.3 billion compared to $5.9 billion; and operating income margin was 19.3 percent compared to 18.9...

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AT&T Adds Amdocs and Juniper to NFV Supplier Program

AT&T named Amdocs and Juniper Networks as two additional vendors in its User-Defined Network Cloud program. AT&T has not revised its previously announced capital expenditure due to expected savings from cloud platforms. “This is an ambitious program that allows us to tap into the latest technologies to enhance the network infrastructure,” said Tim Harden, president, AT&T Supply Chain. “We’re taking another step toward building the...

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Cisco Launches Managed Threat Defense Service

Cisco launched a Managed Threat Defense security service that applies real-time, predictive analytics to detect attacks and protect against advanced malware across customers' extended networks. Cisco Managed Threat Defense is an on-premises solution, comprised of hardware, software, and analytics designed to monitor, capture, and analyze threats. Cisco's worldwide network of expert-staffed security operations centers (SOCs) monitor the service and...

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NSN Opens in Myanmar

Nokia Solutions and Networks has opened two new offices in Yangon, the former capital of Myanmar, to support domestic customers. “Myanmar’s communications industry is evolving at a rapid pace, and NSN remains committed to hasten this evolution by providing its technology and expertise to local operators,” said Raman Vattumalai, country head of Myanmar at NSN. Ooredoo recently selected NSN to supply its core and radio infrastructure for its 3G...

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