Ownership

Telecom operators need to get their artificial intelligence (AI), SDN and cloud ducks in a row or risk becoming a "dumb pipe" for connectivity, according to a report by GlobalData. “Telecom operators are increasingly seeking to move beyond the dumb pipe of simple connectivity and diversify in the cloud, AI and SDN," said Laura Petrone, senior analyst for GlobalData. "This trajectory will bring them into direct competition with technology interlopers that are also actively targeting segments that telecoms operators might once have seen as their own.”

As 2018 comes to a close, Sprint said it has much to show for the roughly $5 billion it spent upgrading its network throughout the course of this year. “We are celebrating a banner year for the Sprint network,” wrote CTO John Saw. “We made a massive investment to drive strong improvements in our network performance today and prepare to launch mobile 5G starting in the first half of next year.

AT&T plans to launch its own streaming service in 2019, drawing on content from DC Comics and Harry Potter that was acquired as part of the recent Time Warner deal. But telecommunication companies have a unique advantage: they control the content and the networks that content travels over, presenting a wonderful opportunity to hamstring competitors and unfairly advantage their own services. Heavy-handed tactics like throttling and usage caps would have been blocked by the 2015 network neutrality rules.

The Federal Communications Commission is fueling the war over media consolidation by opening the door to another deregulatory spree targeting rules that stop local broadcasters from merging. The FCC voted recently to begin a legally-mandated review of the agency’s media ownership rules.

Apparently, T-Mobile won approval from US national-security officials for its planned takeover of Sprint, bringing the two rivals a step closer to closing their roughly $26 billion combination. The Committee on Foreign Investment in the US, or Cfius, told the companies that it had cleared the union of the No 3 and No 4 carriers by subscribers after several months of negotiations with company representatives.

In this paper, we draw upon a nascent but fast-growing empirical economics literature on the earnings effect of labor market concentration to estimate how the Sprint–T-Mobile merger would affect earnings of workers at the US stores that sell the wireless services of the merging firms and their competitors. We find that the merger would reduce earnings in the affected labor markets.

Silicon Valley technology firms are known for giving stock to their workers, a form of compensation that often helps employees feel invested in their companies. But tech workers are now starting to use those shares to turn the tables on their employers. As many tech employees take a more activist approach to how their innovations are being deployed and increasingly speak out on a range of issues, some are using the stock as a way to demand changes at their companies. Employee shareholder proposals may ultimately not be effective since shareholder-led proposals are often shot down.

In december 2017, the Sinclair Broadcast Group was riding about as high as a media company can ride these days.