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Dish Reports 2013 Year-End Results, EchoStar Transaction
Friday, February 21, 2014 - 5:25pm | 251On Friday, Dish Network Corp. (NASDAQ: DISH) reported year-end 2013 financial results. Dish saw $13.9 billion in total revenue in 2013, a 5.5 percent increase from the $13.2 billion in 2012. Net income was reported at $807 million, a 26.8 percent increase from 2012. EPS were $1.76. The...
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Carlos Slim Doubles His Stake In The New York Times
Thursday, February 20, 2014 - 5:28pm | 281A rumor is circulating that, if true, could further impact one of America's premier journalism outlets. According to Bloomberg, Telecom mogul Carlos Slim Helú is planning on doubling his stake in the New York Times Company (NYSE: NYT). That action would reportedly bring his stake to 19 percent...
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Comcast-Time Warner Merger Should Be 'Dead On Arrival,' Says Former FCC Commissioner
Thursday, February 13, 2014 - 5:12pm | 596Former FCC Commissioner Michael Copps does not support the proposed merger between Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC). In a statement to the press, Copps -- who now serves as the special adviser to Common Cause's Media and Democracy Reform Initiative -- said the proposed...
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Verizon to spend $500 Million, to Keep Up with Video Demand
Friday, December 20, 2013 - 4:35pm | 369Verizon Communications (NSYE: VZ) will have to spend a lot of money if it wants to keep video-loving customers happy. The Wall Street Journal reports the telecom will have to spend hundreds of millions of dollars to keep its 4G network running at top speed. The biggest problem facing Verizon...