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Cable & Satellite News

Cable & Satellite news continually updated from thousands of sources around the net.

7 hrs ago | ComputerWorld

Cablevision plans Wi-Fi network

“A lot of these muni-Wi-Fi networks that have been built have been stand-alone entities that have relied on subscribers to pay fees or on advertising revenue”

May 8, 2008 A day after Comcast Corp. and Time-Warner Cable announced investments in a WiMax joint venture spearheaded by Sprint Corp. via ComputerWorld

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15 hrs ago | WILX-TV Lansing

UAW Reaches Agreement with GM

General Motors Corp. says it has reached a tentative local contract agreement with the United Auto Workers at a Warren transmission factory. via WILX-TV Lansing

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23 hrs ago | MLive.com

GM buys its Detroit headquarters for $626 million

“We opted to purchase it outright because of the condition of the real estate market”

General Motors Corp. said Thursday that the shaky real estate market convinced the automaker that it was a good time to buy its previously leased headquarters in downtown Detroit's towering Renaissance Center ... via MLive.com

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Thursday | KOMOradio

GM to pay up to $200M to help end American Axle strike

General Motors Corp. says it will pay up to $200 million to help bring an end to a crippling labor dispute at parts supplier American Axle and Manufacturing Holdings Inc. via KOMOradio

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Thursday | Bizjournals

AT&T agrees to upgrade Frost Bank's voice, data networks

Frost National Bank selected AT&T Inc. under two network and communications contracts, the companies said Wednesday. via Bizjournals

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Thursday | M2.com

ORBCOMM signs next generation satellite constellation contract with Sierra Nevada

ORBCOMM Inc , a satellite data communications company providing two-way Machine-to-Machine communications, announced on Wednesday that the company has signed a next generation satellite constellation contract ... via M2.com

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Thursday | ComputerWorld

Five ways insiders exploit your network

Recent incidents serve as a harsh reminder that insiders represent a common and often misunderstood security threat Whitepapers Zones Computerworld newsletters! Cox Communications employee William Bryant ... via ComputerWorld

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Wednesday | CBC News

Stock markets slightly negative as oil prices hold steady

Stock markets were off to a slightly lower start Wednesday morning as oil prices held steady around record levels and investors took in a series of positive earnings reports. via CBC News

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Related Topix: BCE Incorparation, Telecom, Canada,

Wednesday | KIMT

Phone Company Announces Iowa Wireless Expansion

AT&T Inc. says it plans to spend $15 million this year to expand its cellular telephone system in Iowa. via KIMT

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Wednesday May 7 | The Canadian Press | Posted by The Canadian Press

BCE Q1 net profit slumps to $258M from $499M; revenue flat at $4.39B

“In our wireline business, this is the first quarter in over two years that operating revenues have held steady”

- BCE Inc. (TSX:BCE) has reported a "steady" financial performance in the first quarter, with net earnings applicable to common shares slumping to $258 million, down from $499 million a year earlier, on flat operating revenue of $4.39 billion.

Canada's largest telecommunications company said Wednesday that excluding one-time costs and investment losses, its profit improved to $457 million from $420 million.

Net income was cut by a $236-million charge following a CRTC decision on uneconomic expansion of broadband service to 86 small communities. The January-March results also reflect last October's sale of Telesat. Read more

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