It plans to use the $2 billion from Frontier Communications to invest in its Project VIP initiative -- a rollout of an all-IP, wireless cloud network.
The big carrier, facing critical challenges to its growth, now envisions bringing its 4G LTE coverage to 300 million people by the end of 2014. The investment will come over three years.
commentary The remaining wireline carriers want to speed up the transition to native IP networks, an investment that has the added bonus of ending the digital divide once and for all. So why won't the FCC let them do it?
This article used year-earlier figures for the number of iPhone activations, subscriber growth, operating margins, and wireless and wireline revenue.
New Chief Executive Lowell McAdam says concessions must be made to ensure continuing service for its wireline business.
As public comment on an FCC proposal wraps up, a group of 36 Web companies, including Google, Netflix, and Amazon, reiterates opposition to paying ISPs for so-called fast lane access.
Company has carved the company into four segments to help align its wireline and wireless businesses.
Phone company reports an increase in profits for the second quarter largely due to its wireless business, while its wireline business takes a hit.
The company highlights key points in its well-known position on protecting a free and open Internet. But it also offered suggestions on how to protect consumers.