The humble little satellite could handle just a single black-and-white TV channel, but it was the cutting-edge technology of its day. JFK gave it a spin 50 years ago today.
The new 100Gbps fiber-optic link will open up international communications for 15 telecommunications companies and protect against severed cables or other problems.
The company's focus will be improving brand image so it can appeal to people looking for higher-end handsets.
The company is also projecting a profit jump of 158 percent to 223 percent for the first half of the year.
Wireless infrastructure provider will have the option of purchasing about 9,100 AT&T towers after an average lease term of 28 years.
Reps. Fred Upton (R-Mich) and Greg Walden (R-Ore.) say it's time to bring the 1996 law, which governs the nation's communications networks, into the 21st century.
Democrats in the House and Senate have introduced legislation that will give the FCC authority to impose its Net neutrality rules until it can come up with a more permanent legal fix.