And also: 4G LTE wireless capabilities, for faster data connections when you are not on Wi-Fi.
AT&T says the acquisition will let it expand its fourth-generation (4G) technology which will provide faster data connections on mobile devices to a further 46.5m Americans, including many in rural areas who cannot get fixed-line broadband.
BLOOMBERG NEWS Congress to Put Spectrum on the Block | The government is expected to sell airwaves in an auction that is projected to raise more than $25 billion, and which could result in faster data connections for smartphones and other devices, The New York Times reports.
Pay TV may wither, but if so it will be because everybody has a fast data connection.
If they want a fast data connection, they will have to dump their current operator or hope it can piggyback off a rival's network.
The emerging online rivals to cable TV, like Netflix and Hulu, require the kind of fast data connections that companies like Charter supply.
There are the high-speed trading firms, which use fast data connections to detect tiny differences between stocks on different exchanges and can act much faster than long-term investors on market-moving news.
PETER J. HENNING HUNGER FOR DATA The Zayo Group agreed on Monday to buy AboveNet, a provider of fiber optic networks for businesses, for $2.2 billion in cash to tap into demand for ever-faster data connections.
The Zayo Group agreed on Monday to buy AboveNet, a provider of fiber optic networks for businesses, for $2.2 billion in cash to tap into demand for ever-faster data connections.
BLOOMBERG NEWS Zayo to Buy AboveNet for $2.2 Billion to Extend Fiber Network | The Zayo Group has agreed to buy AboveNet, a provider of fiber optic networks for businesses, for $2.2 billion in cash to tap into demand for ever-faster data connections.
