WASHINGTON (Reuters) - AT&T Inc sought to clarify to U.S. regulators its plans to pause investments in high-speed Internet connections until "net neutrality" rules are settled, saying in a letter on Wednesday that the plans related to new and not existing commitments.
The Federal Communications Commission earlier this month pressed the company to explain its plans to stop investing in high-speed Internet connections in 100 cities until the agency sorts out new "net neutrality" rules for how Internet service providers manage web traffic on their networks.
LONDON (Reuters) - Britain's biggest telecoms service providers have filed a complaint to media regulator Ofcom demanding greater competition in the business broadband market, where they say BT has an effective monopoly.
The UK Competitive Telecommunications Association (UKCTA), said other companies should be allowed to lay their own cables in BT ducts and use their own equipment to control BT cables, saying it would improve service and encourage innovation.
WASHINGTON (Reuters) - China and "probably one or two" other countries have the ability to invade and possibly shut down computer systems of U.S. power utilities, aviation networks and financial companies, Admiral Mike Rogers, the director of the U.S. National Security Agency, said on Thursday.
Testifying to the House of Representatives Intelligence Committee on cyber threats, Rogers said digital attackers have been able to penetrate such systems and perform "reconnaissance" missions to determine how the networks are put together.
BARCELONA (Reuters) - Telefonica would have to consider its options regarding its UK presence, including a sale of the O2 business, if more of the market moves to bundling fixed and mobile telecom services, a top executive said on Thursday.
Telefonica, which bought O2 in 2006, has said the UK business remains core but has not ruled out asset sales to meet a year-end debt target of below 43 billion euros (34.37 billion pounds).
LONDON (Reuters) - Telecommunications firm Cable & Wireless helped Britain eavesdrop on millions of Internet users worldwide, Channel 4 reported on Thursday, citing previously secret documents leaked by a fugitive former U.S. National Security Agency contractor.
Cable & Wireless, which was bought by Vodafone in 2012, provided British spies with traffic from rival foreign communications companies, Britain's Channel 4 television said, citing documents stolen by Edward Snowden.
EL SEGUNDO Calif. (Reuters) - Boeing Co said this week it is reevaluating its cybersecurity business and could divest or reassign some units as it focuses more on a few critical areas, including classified work it is doing for some U.S. government agencies.
Boeing, the Pentagon's No. 2 supplier and the world's largest aerospace company, bought a handful of cybersecurity companies several years ago, but the market has not proven to be as promising as once expected.
FRANKFURT (Reuters) - Deutsche Telekom is to set up a 500 million euro ($620.4 million) fund for technology ventures, giving the company more scope to invest in venture capital and innovation.
The fund, called Deutsche Telekom Capital Partners (DTCP), will be launched early next year and will focus on Germany’s growing tech start-up scene, the telecoms operator said on Tuesday.
The new fund will also expand its activities to include private equity investments in existing companies.
WASHINGTON/MEXICO CITY (Reuters) - AT&T Inc agreed to pay $1.7 billion to acquire Mexico's third-largest wireless operator, Iusacell, as it seeks to grab a slice of a market with lower cellular penetration than the United States and faster potential growth.
Mexico's government earlier this year implemented reforms to shake up its telecom and broadcast market by weakening the dominance of broadcaster Grupo Televisa and billionaire Carlos Slim's cellphone and fixed-line company America Movil.
(Reuters) - DirecTV, the No.1 U.S. satellite TV provider, reported a quarterly profit above analysts' expectations as it earned more from each subscriber in the United States.
But the company, being bought by AT&T Inc for $48.5 billion, lost subscribers for the second quarter in a row to competitors, including cable companies that offer broadband along with video at a discount.
SAN FRANCISCO (Reuters) - Qualcomm Inc warned on Wednesday that an antitrust investigation and problems collecting royalties could harm its business in China next year and it also disclosed new regulatory investigations in the United States and Europe.
China's expanding high-speed 4G network is driving demand for smartphones with leading-edge technology, but Qualcomm's opportunities have been clouded by an 11-month-old antitrust investigation there.