Cerberus Capital Management, a New York-based alternative investment firm, has secured the position of the second-largest shareholder in Frontier Communications, holding a 10% stake in the telecommunications company.
Telecom Operators
TELUS, TerreStar and Skylo Establish Canada’s First Two-Way Smartphone-Satellite Connectivity
TELUS and Canadian-based TerreStar Solutions (operating under the Strigo brand) have successfully used satellite connectivity to conduct voice calls, and in partnership with Skylo, send text messages between smartphones, and connect to Internet of Things (IoT) devices. This is a bold step toward a future without mobile no-coverage zones, one where all Canadians can feel safe and connected.
Windstream Names Paul H. Sunu Chief Executive Officer
Windstream announced that Paul H. Sunu has been named President and Chief Executive Officer, effective immediately. He succeeds Tony Thomas, who has decided to depart the Company and step down from the Board, following a distinguished 17 years at Windstream. Mr. Sunu has served as Chairman of the Board since 2020 and will retain his position. As CEO, he will enhance the effectiveness of the Company’s strategy, improve customer service and drive its next phase of growth.
Verizon Q3 2023: Steady Progress in Wireless Revenue
Verizon Communications’ third-quarter results highlights the company's performance in the period impacted by continued wireless service revenue growth, total broadband net additions and improved profitability.
TELUS Provides Fastest Speeds in Western Canada
TELUS introduced a groundbreaking new tier of home Internet to PureFibre X customers in Alberta and British Columbia, giving them access to the fastest speeds in Western Canada.
T-Mobile’s New Corporate VC Fund to Unlock Innovative Products and Services
In an increasingly digital world, T-Mobile Ventures is focusing its second corporate venture capital fund to fuel the next generation of products and services that help bring customers and businesses deeper connections to their world.
Verizon, Bell Canada and Vodafone Conduct First 5G Transatlantic Holographic Meeting
Verizon, Bell Canada, Vodafone and Matsuko achieved a milestone by successfully hosting the inaugural cross-continental collaborative meeting featuring multiple holographic participants located in Canada, the US and the UK. This remarkable feat was accomplished through the utilization of 5G technology and multi-access edge computing (MEC).
Save Big on New Phones and Earn Cashback With Rogers Red Credit Card
Rogers Communications is making it easier for customers to put more money and the latest phones in their pockets with the new Rogers red credit card.
Verizon Teams with NFL for Coach-to-Coach Communications at all 30 NFL Stadiums
Verizon Business announced that their Managed Private Wireless Solution, coach-to-coach communications, is officially live in all 30 NFL stadiums, a major milestone in the co-innovation partnership between the two organizations.
stc Group Acquires €2.1 Billion Stake in Telefónica
stc Group announces that it has acquired a 9.9% stake in Telefónica, one of the largest telecommunications companies in the world, for a total consideration of SAR 8.5 billion (EUR 2.1 billion). Telefónica holds a significant presence in Spain, Germany, the UK and Brazil.