FCC Chairman Ajit Pai to leave telecom agency on January 20

Federal Communications Commission Chairman Ajit Pai, a Republican, says he is leaving the telecommunications regulator on Inauguration Day.

President-elect Joe Biden will choose a new Democratic head for the agency. A new administration typically picks a new chairman.

Pai has presided over a contentious FCC over the last four years. He undid net neutrality rules that barred internet service providers like Comcast and AT&T from favoring some types of online traffic over others in 2017 and championed other deregulatory efforts. He has also worked to free up spectrum for cellphone companies so they can roll out 5G, the next-generation wireless standard that promises faster speeds, and cracked down on Chinese telecom companies as national security threats.

The incoming FCC is likely to try to reinstate net neutrality rules and focus on closing the “digital divide,” getting internet service to Americans who don’t have it because it’s not available or they

Read More

Comcast Customers Sound Off On Data Caps, Telecom Company Responds Back

KEY POINTS

  • Comcast to enact fees for going over 1.2TB
  • Users outraged on social media, though the company was hitting back
  • Shares in the company were up in Tuesday trading

Telecommunications giant Comcast on Tuesday pushed back against customers’ concerns about a new data cap by arguing few if any users ever exceed the limit.

Comcast will place a 1.2 terabyte cap on its Xfinity subscribers in 14 states in the Northeast, including New York, according to a report Monday from PC Magazine.

Customer backlash followed on social media with one commentator on Twitter complaining that limits would go into effect at a time when more Americans rely on online services during the pandemic.

Others said the internet should be treated like a utility, where rates are more controlled. Another lamented the lapse of net-neutrality measures, which level the playing field for subscribers.

Comcast noted on its Twitter account

Read More

Analysts highly recommend this telecom service share, with an upside of 40%

Analysts are highly positive on Bharti Airtel, the flagship company of Bharti Enterprises. They see an upside of up to 40% from the current market price in the next one year. Axis Securities recommend to buy the stock with a target price of 676, Motilal Oswal has kept the target at 650, HDFC Securities has put a target price of 597, Dolat Research has kept the target at 605 per share. Analysts are impressed by the rise in Bharti Airtel’s ARPU (Average revenue per user) sequentially for the fourth straight quarter. Currently, a share of Bharti Airtel is trading at 480. In last 1 year Bharti Airtel Ltd, has beaten Nifty 50 by 25.18% (CAGR difference).

“Bharti’s execution has been top-notch in the last few quarters, evident from strong 16% India Mobile EBITDA growth cumulatively in the last two quarters. Robust 10m subscriber adds lead to

Read More

SK Telecom and Amazon enter equity deal for ecommerce boost

SK Telecom and Amazon said on Monday that they have entered into an equity participation agreement to collaborate on the growth of the carrier’s ecommerce business.

Under the deal, Amazon products will become available on 11th Street, an online shopping subsidiary under SK Telecom.

The US ecommerce giant will also get preemptive rights over shares of 11th Street, dependent on business performance. The precise terms of the deal have not been revealed.

Amazon and 11th Street will announce the specifics of their new collaborative service at a later date when they are ready, SK Telecom said.

The telco added it hopes to grow 11th Street into a global distribution hub platform that can also help South Korean sellers reach the global market.

Meanwhile, Amazon said 11th Street shared its “customer obsession” and expected the collaboration to offer a differentiated experience for South Korean consumers.

The deal between the US ecommerce

Read More

Roku Chief Financial Officer to Present at RBC Capital Markets Global Technology, Internet, Media & Telecom Virtual Conference


Roku, Inc. (Nasdaq: ROKU) announced today that Chief Financial Officer Steve Louden will present at the RBC Capital Markets Global Technology, Internet, Media & Telecom Virtual Conference on Tuesday, Nov 17, 2020. Louden is scheduled to present at 11:40 a.m. Pacific Time / 2:40 p.m. Eastern Time.


A live webcast and replay of the presentation will be available on the investor relations section of the Roku web site at https://ir.roku.com.


About Roku, Inc.


Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku streaming players and TV-related audio devices are available in the U.S. and in select countries through direct retail sales and licensing arrangements with service operators. Roku TV™ models are available in the U.S. and in select countries through

Read More