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Verizon video, web, wireless businesses growing

Verizon Communications' video, Internet and wireless businesses are growing despite the recession's impact on its traditional phone business and its enterprise segment, Verizon's top executive said at the CTIA annual wireless technology showcase.

Verizon plans to sell netbooks: report

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Verizon Wireless will start selling a netbook -- a cheaper, more basic version of a notebook -- as early as next quarter, Bloomberg said, citing a person close to the project.
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DISA and Verizon enter into $2.5 Billion deal

On March 10 Verizon Business announced it will provide network and data services at U.S. Department of Defense installations around the world under a new contract awarded by the Defense Information Systems Agency (DISA).
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AT&T sets '09 budget cuts, to add some jobs

AT&T Inc on Tuesday said it would invest $17 billion to $18 billion through capital spending in 2009, in line with its previously announced plan to cut spending by up to about 15 percent.
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AT&T to add jobs, boost spending

AT&T Inc on Tuesday said it plans to invest $17 billion to $18 billion on capital spending in 2009, with about two-thirds to be used to improve its wireless and wired broadband networks.
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U.S. Internet firms defend tighter Web management

Internet service providers like AT&T Inc are making greater efforts to manage traffic on their networks as they seek ways to avoid congestion caused by bandwidth-hogging services like video, industry officials said on Thursday.
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Comcast profit beats forecast, but loses subscribers

NEW YORK - Comcast Corp , the largest U.S. cable television provider, posted a better-than-expected fourth quarter profit as it tightened its costs but lost subscribers reflecting stiff competition with phone and satellite companies for customers. Excluding a $600 million writedown of its stake in wireless company Clearwire Corp and other one-time expenses, its quar...
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Verizon plans on-demand hosting service

Verizon Communications sees the weak economy helping sales of an on-demand computer hosting service it plans to launch this summer, an executive for the telecom service provider said on Tuesday.
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Comcast profit drops 32 percent

NEW YORK - Comcast Corp , the largest U.S. cable television provider, posted a 32 percent drop in fourth quarter net profit on Wednesday, due to a writedown related to its Clearwire Corp stake and said it lost 233,000 subscribers. Net profit fell to $412 million, or 14 cents a share compared with $602 million, or 20 cents a share in the year ago quarter. The compan...
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Verizon considers $5 limited service phone plan

NEW YORK - Verizon Communications is considering offering a $5-a-month home phone service that lets customers receive calls, but make only emergency service outgoing calls in an effort to stem the rate of phone service cancellations. The company is also looking at offering a $10 plan that includes limited outgoing calls to local numbers and compares with Verizon's current cheapest ...
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Stimulus 1st step in Obama's broadband goals: aide

WASHINGTON - The $7.2 billion in funding to promote high-speed Internet in the stimulus package is just the first step in the Obama administration's effort to fuel expansion of telecommunications services, an adviser to the president said on Monday. Despite new federal money, the amount is but a fraction of what is needed to establish the United States in terms of broadband versus other dev...
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RCN Launch Red Sox Spring Training Contest

RCN Corporation a leading provider of video, data, and voice services to residential, business and commercial and or carrier customers, said it is launching a contest that will send the winner on a Red Sox spring training vacation.
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Time Warner Cable to Link Web Video to TV

Time Warner Cable Inc. announced plans on Friday to allow subscribers to view Internet video on their TV screens and offer wireless in-home networking via a cable modem.
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Hackers Took Over Comcast.net Portal

Comcast Corp. said Thursday that hackers took over and defaced its Web portal for several hours overnight and prevented users from accessing Web mail and account records on the company's site.
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Comcast Buys Plaxo for $175 Million, Source

Comcast agreed to purchase Plaxo the first innovative system that developed social networks from address books. With the acquisition of Plaxo, Comcast plans to provide its consumers social network links across all its devices including wireless, TVs and digital video recorders.
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AT&T profit jumps on wireless sales

AT&T Inc. posted a 22 percent rise in first-quarter net income on Tuesday, as strong growth at the company's wireless operations made up for its weakness in its traditional wireline business.
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Carphone Warehouse predict £220m profits for 2008

The Carphone Warehouse Group has reported an increase in the number of people who have signed up to its telecoms subscriptions by 16 per cent year-on year. The company also said it had increased mobile connections by 12 per cent to 2.7 million.
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Comcast to partner with Pando to analyze data flow

Comcast Corp, the top U.S. cable operator, said on Tuesday it will partner with a second file-sharing company Pando Networks as it tries to avoid a criticism over its controversial management of Internet traffic on its broadband network.

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