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Concern that purchase of Time Warner Cable would bolster dominant position in broadband Internet
WASHINGTON (Reuters) - AT&T Inc's proposed acquisition of satellite television company DirecTV is getting a smooth ride from U.S. regulators and industry rivals, who instead are directing their firepower at a merger deal between the nation's two biggest cable operators.
U.S. Federal Communications Commission filings and interviews with several people familiar with the Justice Department show the $48.5 billion AT&T-DirecTV deal is getting far less attention than Comcast Corp's agreement to buy Time Warner Cable Inc for $45 billion.
Follows similar moves by Deutsche Telekom and Britain's Vodafone
PARIS (Reuters) - France's Orange will plow 15 billion euros ($15.9 billion) into upgrading networks until 2018 to differentiate itself from rivals in a price war in its domestic market.
Orange, Europe's fifth-largest telecom operator by market value, also said that it would take until 2018 for its sales and core operating profit to exceed 2014 levels.
With mobile push, Iliad has had to contend with sharper competition in its core broadband market
PARIS (Reuters) - French telecoms group Iliad pledged to raise operating profit by 10 percent this year after it reached a 15 percent market share in mobile three years after shaking up the market with low-cost, no-contract plans.
Founded and majority-owned by billionaire Xavier Niel, Iliad sparked a price war in mobile in 2012, forcing larger rivals Orange, Numericable-SFR and Bouygues Telecom to cut costs to cope.
Some European telecoms executives believe that the region will take a more accommodating stance
BARCELONA/BRUSSELS (Reuters) - New rules that aim to protect the openness of the Internet will allow telecom and cable groups to prioritize and earn potentially vast income from some types of data, setting up likely clashes with regulators in the future.
Telecom companies such as AT&T and Vodafone have convinced U.S. and European regulators, finalizing so-called "net neutrality" rules, to allow them to dedicate network capacity to services such as providing connectivity to driverless cars and facilitating the exchange of medical data between patients and health professionals.
Sector regulator AGCOM favors 'fiber-to-the-cabinet' architecture
MILAN (Reuters) - The Italian government is pushing to speed up the roll-out of ultrafast broadband networks to help its ailing economy, fuelling speculation it could force incumbent Telecom Italia into a costly overhaul of its existing infrastructure.
The cabinet of Prime Minister Matteo Renzi meets on Tuesday to approve an 6 billion euro ($6.7 billion) plan to build a nationwide fiber optic network by replacing the aging copper wires that run into subscribers' homes.
(Reuters) - Cablevision Systems Corp reported a drop in video subscribers for the tenth quarter in a row, raising concerns about the company's prospects as customers increasingly shift to lower-priced bundled services from telecom carriers.
Cablevision's shares fell as much as 5.5 percent after the company also posted a 3.4 percent drop in adjusted operating cash flow, a closely watched metric for the cable TV industry.