The U.S. Federal Communications Commission said on Friday it paused its "shot-clock" on the review of the proposed $45 billion merger between the two largest U.S. cable providers, Comcast Corp and Time Warner Cable Inc.
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U.S. manufacturers group opposes stricter Internet regulations
The U.S. National Association of Manufacturers on Wednesday wrote to congressional and Federal Communications Commission leaders to oppose potential stricter regulations for Internet service providers.
Mexican billionaire Slim to take top stake in Spanish builder FCC
Mexican billionaire Carlos Slim is set to become the largest investor in Spanish builder FCC after reaching a deal with the firm's current top shareholder Esther Koplowitz to buy her rights to participate in a $1.3 billion capital increase.
Deal to spur better 911 call locating for U.S. cellphone users
Emergency responders will be able to better locate callers who dial 911 on their cellphones from indoors as the U.S. wireless industry improves caller-location for the majority of such calls over the next six years.
Obama pressures FCC for strong net neutrality rules
U.S. President Barack Obama on Monday said Internet service providers should be regulated more like public utilities to make sure they grant equal access to all content providers, touching off intense protests from cable and telecoms companies and Republican lawmakers.
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U.S. telecommunications regulators will vote on Thursday on whether to formally propose new "net neutrality" rules that may let Internet service providers charge content companies for faster and more reliable delivery of their traffic to users.
More than 100 technology companies, including Google Inc, Facebook Inc, Twitter Inc and Amazon.com Inc, have written to U.S. telecom regulators to oppose a new "net neutrality" plan that would regulate how Internet providers manage Web traffic.
Sources told the Financial Times that billionaire George Soros has bought a 3.1% stake in Spanish builder FCC. The acquisition happened just three months after Microsoft's Bill Gates also made a bet on the company.
Shares of debt-laden construction firm FCC SA leaped by as much as 8.8% on Friday following news that American hedge fund Soros Fund Management, controlled by billionaire George Soros, had acquired a 3% stake in the company.
Bill Gates bought a 6% stake in Spain's FCC for EUR 113.5 million. Billionaire Bill Gates had purchased a 6% stake in Spain-based construction firm Fomento de Construcciones & Contratas or FCC.
CenturyLink Inc would receive USD54 million from the Connect America Fund of the FCC to finance the broadband services in suburban homes of high-cost areas.
Triton Fund announced that it would acquire Alpine Energie from FCC. The Triton Fund announced that it had agreed to purchase Alpine Energie from Fomento de Construcciones y Contratas SA (FCC).
Softbank joins the US wireless market after FCC approval for Sprint bid. Softbank Corp is now in the running to provide American with wireless and broadband telecommunication services.
US regulators finally approved the acquisition bid from SoftBank Corp to take control over Sprint Nextel.
