31 Years of the Digest ... founded August 21, 1981
The Telecom Digest for December 24, 2012
====== 31 years of TELECOM Digest -- Founded August 21, 1981 ======
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Date: Sun, 23 Dec 2012 10:53:26 -0500 From: Bill Horne <bill@horneQRM.net> To: firstname.lastname@example.org. Subject: Vodafone Debt Ratings Increasingly Dependent on Verizon Wireless Payouts Message-ID: <email@example.com> Published on: 28th Nov 2012 Fitch Ratings says that it has affirmed Vodafone Group's Long-term Issuer Default Rating (IDR) at 'A-', but warned that this is increasingly dependent on dividends from its Verizon Wireless joint venture. The ratings outlook is currently stable. The ratings agency said that Vodafone benefits from global scale, diverse operations, sound liquidity, and stable cash flow generation. However, slowing growth, partly due to continued underperformance of its Southern European operations is a growing concern. Vodafone is well positioned to benefit from increasing mobile data usage, but the inflection point in revenue growth remains uncertain. The receipt of substantial and regular dividends from Verizon Wireless is increasingly more important to maintain Vodafone's 'A-' rating. http://www.cellular-news.com/story/57564.php -- Bill Horne (Remove QRM from my address to write to me directly)
Date: Sun, 23 Dec 2012 10:48:36 -0500 From: Bill Horne <bill@horneQRM.net> To: firstname.lastname@example.org. Subject: Verizon Wireless Loses Appeal Against Mobile Data Roaming Regulations Message-ID: <email@example.com> Verizon Wireless has lost an attempt to block a regulatory rule requiring it to offer wholesale mobile data roaming rates to other mobile networks. The regulator, the FCC already required such facilities for voice services, but last year expanded that to include mobile data services as well. Verizon Wireless sued to block the change. A US Appeals Court upheld the regulators change, rejecting the mobile networks claim that it amounted to "an unfair government seizure". http://www.cellular-news.com/story/57668.php -- Bill Horne (Remove QRM from my address to write to me directly)
Date: Sun, 23 Dec 2012 10:59:21 -0500 From: Bill Horne <bill@horneQRM.net> To: firstname.lastname@example.org. Subject: Could Verizon nix unlimited data for everyone? Message-ID: <email@example.com> Verizon Wireless isn't making it easy for loyal, longtime smartphone customers to keep their existing unlimited data plans. And now some subscribers, who are willing to pony up the full price for a new smartphone, worry that Verizon may change its policy again and get rid of the plan for everyone. http://news.cnet.com/8301-1035_3-57558501-94/could-verizon-nix-unlimited-data-for-everyone/ -- Bill Horne (Remove QRM from my address to write to me directly)
Date: Sun, 23 Dec 2012 11:22:21 -0500 From: Bill Horne <bill@horneQRM.net> To: firstname.lastname@example.org. Subject: Sprint Nextel Reaches a Deal to Buy Rest of Clearwire Message-ID: <email@example.com> BY MICHAEL J. DE LA MERCED Sprint Nextel agreed Monday to buy all of the wireless network operator Clearwire, an important step for the cellphone service provider as it continues its big turnaround campaign. Under the terms of the bid, Sprint will pay $2.97 a share for the nearly 50 percent stake in Clearwire that it did not already own for a total of about $2.2 billion. http://dealbook.nytimes.com/2012/12/17/sprint-reaches-deal-to-buy-out-clearwire/?ref=sprintnextelcorporation -or- http://goo.gl/eIHsK -- Bill Horne (Remove QRM from my address to write to me directly)
Date: Sun, 23 Dec 2012 11:14:04 -0500 From: Bill Horne <bill@horneQRM.net> To: firstname.lastname@example.org. Subject: Sprint, Clearwire, Softbank, Dish: Who's Playing Whom? Message-ID: <email@example.com> If Sprint really wants to buy Clearwire, why did it low-ball its offer, and why is Softbank reportedly choking off Sprint's bargaining power? Analyst Tim Farrar thinks there is more to this deal, and many other related ones, than meet the eye. [The] big revelation that Sprint was seeking to buy out Clearwire sent shockwaves throughout the industry. Taking over Clearwire would return a vast trove of airwaves to Sprint's direct control, which would leave its sitting pretty on top of the U.S. spectrum heap. But it didn't take long before the grumbling started. Investors aren't very happy with Sprint's low-ball offer. And now Reuters is reporting that Sprint's would-be owner Softbank won't go along with any acquisition that valued Clearwire at more than $2.97 a share, which is just seven cents more than what Sprint has offered. If Reuters' sources are correct then Softbank doesn't see the value in Clearwire that everyone else seems to see. http://gigaom.com/2012/12/14/sprint-clearwire-softbank-dish-whos-playing-whom/ -- Bill Horne (Remove QRM from my address to write to me directly)
Date: Sun, 23 Dec 2012 13:36:56 -0500 From: Monty Solomon <firstname.lastname@example.org> To: email@example.com. Subject: E-book restrictions leave 'buyers' with few rights Message-ID: <firstname.lastname@example.org> E-book restrictions leave 'buyers' with few rights Unlike the owners of a physical tome, buyers of e-books are licensees with lots of limitations. It's time to change the rules. By Michael Hiltzik December 22, 2012 There's a crass old joke about how you can never buy beer, just rent it. Who would think that the same joke applies to book buying in the digital age? But that's the case. Many people who'll be unwrapping iPads, Amazon Kindles or Barnes & Noble Nooks on Tuesday morning and loading them with bestsellers or classics won't have any idea how limited their rights are as their books' "owners." In fact, they won't be owners at all. They'll be licensees. Unlike the owners of a physical tome, they won't have the unlimited right to lend an e-book, give it away, resell it or leave it to their heirs. If it's bought for their iPad, they won't be able to read it on their Kindle. And if Amazon or the other sellers don't like what they've done with it, they can take it back, without warning. ... http://www.latimes.com/business/la-fi-hiltzik-20121223,0,1032270.column ***** Moderator's Note ***** I bought my wife an ebook sold by Barnes & Noble last year, and wound up returning it the day after Christmas. It worked as advertised, but the titles that were listed on the B&N website cost almost exactly as much as a hardcover "dead tree" version. My wife, to her credit, was incensed that Barnes & Noble would even attempt to charge that much. Bill Horne Moderator
TELECOM Digest is an electronic journal devoted mostly to telecom- munications topics. It is circulated anywhere there is email, in addition to Usenet, where it appears as the moderated newsgroup 'comp.dcom.telecom'. TELECOM Digest is a not-for-profit, mostly non-commercial educational service offered to the Internet by Bill Horne. All the contents of the Digest are compilation-copyrighted. You may reprint articles in some other media on an occasional basis, but please attribute my work and that of the original author. The Telecom Digest is moderated by Bill Horne.
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