Telecom Sector

Warren Buffett backs consortium bidding for Yahoo assets

Berkshire Hathaway chairman and billionaire investor Warren Buffett might be planning to back consortium bidding for Yahoo's Internet assets.

Shares of Synacor Climb on Wednesday with New AT&T Deal

Shares of Synacor Climb on Wednesday with New AT&T Deal

With portal service contracts from AT&T, shares of Buffalo, N. Y. based Synacor climbed more than 119 percent on Wednesday during the afterhours trading.

The companies said the revenues expected from the contract will be approximately $100 million a year following the full product operation in 2017. The early products will get be launched in the second quarter of 2016 and further products will come by the last quarter of 2016.

David Ware steps down as MD of TeamTalk because of health reasons

David Ware steps down as MD of TeamTalk because of health reasons

The founder and managing director of the telecommunications company TeamTalk, David Ware has announced that he is stepping down from the top job because of health reasons.

Slow Customer Growth in Mobile Phone Pushes AT&T to Other Options

Slow Customer Growth in Mobile Phone Pushes AT&T to Other Options

The wireless market for AT&T is no more what it used to be and once that was the company's main earning source. Now Dallas- based AT&T is depending more on its video leaving the traditional wireless service second.

The second-largest phone company of the nation has faced sluggish growth last year with many of its phone customers opting for cheaper offers from its rivals like T-Mobile and Sprint. However, chasing these customers is not what AT&T has in mind; instead it is focusing on serving customers better in other ways.

Ralph Joel Roberts, Comcast’s Creator Breathes his Last at 95

Ralph Joel Roberts, Comcast’s Creator Breathes his Last at 95

Ralph Joel Roberts, 95, the brainchild behind Comcast left for the heavenly abode on Thursday night. He died of natural causes in Philadelphia.

Ralph Roberts transformed the small cable system that he bought in Tupelo, Mississippi, in 1963 into the mammoth Comcast, which presently is the nation's largest provider of cable TV and home Internet service.

Wireless Network Providers Should Upgrade Systems to Provide More Data to 911 System

Wireless Network Providers Should Upgrade Systems to Provide More Data to 911 SystemThe apps on the wireless phones may be too smart to locate the place where a snap was clicked or may allow its user to sign in to a business or check-in to a hotel with the just a click of a button. However, the same gadgets at times fail pinpoint the locations when calls are made to 911in an emergency situation.

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