Telecom Sector

NBN may Land Paying up Telstra's About $100 billion

Telstra might get something close to $98 billion or more in the coming fifty five years. This could happen as NBN Co, the company that is starting the National Broadband Network would pay the telecom major a huge amount for accessing its network of wires and pipes.

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Some Brunswick & South Morang residents facing risk of being disconnected

Some residents and businesses in Brunswick and South Morang are facing risk of being disconnected from phone and internet services unless they apply to their service providers to join the national broadband network (NBN) before their existing services are cut off in May this year.

NBN Co has advised residents and businesses in the regions to make the switch from their existing landline, ADSL internet and Telstra cable internet services to NBN equipment before 28th of March.

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Verizon offers more with “More Everything” plan

In a bid to thwart intensified competitive pressure fro rival carriers like AT&T and T-Mobile USA, Verizon Wireless has announced a new plan called "More Everything," which will be available starting this week.

The new plan will include unlimited international messaging, 25 GB of cloud storage, along with wide-ranging data options.

Verizon Wireless CEO Ken Dixon said More Everything would offer more choices on the company's unmatched 4G LTE network.

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Verizon tests LTE Multicast technology during Super Bowl

Telecommunication services provider Verizon has confirmed that it will be testing a new wireless technology during Super Bowl Sunday that will allow consumers to enjoy a faster and smoother live streaming.

The Super Bowl (the National Football League), which is typically the most popular annual football championship, is all set to take place in MetLife Stadium, East Rutherford, N. J.

Verizon will use the event to test its LTE Multicast technology. This innovative technology makes use of the company's LTE network in distributing video feeds to numerous devices.

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AT&T generates $33.2bn in revenue during Q4

AT&T Inc. has reported strong earnings of $0.53 per share on revenue of $33.2 billion for the quarter ended December 31, 2013.

The Dallas-based network provider has also announced that it gained 566,000 new postpaid wireless subscribers during the October to December quarter of last year.

During the company's earnings call, AT&T CEO Randall Stephenson, said the company's cash generation had been boosted by both operations and monetization of non-strategic assets.

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