Not only are young adults more likely to “cut the cord” and give up pay-TV services, they’re also more likely to switch among providers of Internet video streaming services, says a BMO Capital Markets report. The report cites data from TV ratings provider Nielsen. Young adults, oft-called called millennials, have been big users of Netflix (NFLX), Amazon.com ‘s (AMZN) video service, and Hulu. Dish Network (DISH) and Sony early in 2015 launched
Federal regulators on Thursday proposed a cap on discounts given to small businesses when the government auctions off radio spectrum, in the wake of a review into Dish Network’s (DISH) bidding practices with two partners in the recent AWS-3 auction. Tom Wheeler, chairman of the Federal Communications Commission, also proposed placing limits on bidding partnerships that can be formed during auctions. The FCC is reviewing whether to award Dish
Verizon Communications (VZ) looms as a buyer if Sprint (S) sells some of its radio spectrum to raise cash for a network upgrade that it badly needs to stay competitive in the U.S. wireless market. “For a company that we expect to burn through another $4.5 billion in cash this calendar year, selling some 2.5 GHz spectrum would certainly provide some level of near-term relief,” said Craig Moffett, an analyst at MoffettNathanson, in a blog post. Verizon and cable TV companies loom as possible buyers of a chunk of Sprint’s spectrum, most of which is in the high frequency of 2.5 gigahertz, says Moffett. Sprint obtained a 120 MHz swath of airwaves in the 2.5 GHz spectrum band through its 2013 acquisition of Clearwire. Sprint outbid Dish Network (DISH) for Clearwire. Wireless networks in higher-frequency bands require more expensive network gear as well as more radio antennas, which is one…