Analyze This:
Stifel Nicolaus analyst
Rebecca Arbogast notes that a House Republican draft bill "would extend the
FCC’s authority to auction off spectrum for wireless broadband -- including voluntarily returned broadcast-TV channels -- while prohibiting the agency from attaching eligibility restrictions, network neutrality duties, or wholesale requirements to the licenses." It would also mandate an auction of D-block spectrum, thereby leaving public safety groups without the spectrum they say they need for a national network. --- In a separate note, Arbogast judges any threat to
News Corp. FCC licenses from the U.K. phone hacking scandal "unlikely" but worth monitoring. With the FBI now looking into that matter, that monitoring might be a definite. --- Don't hold your breath for a
DISH or
Comcast-led
SpectrumCo integration with
Sprint, says
BTIG Research's
Walter Piecyk. That might be good for Sprint, he notes, "but it is less clear why those companies would be interested in joining Sprint at this point." Besides, he adds, DISH's
Charlie Ergen will likely hold his cards close to the vest until after the "FCC actually transfers the spectrum licenses of
DBSD and
TerreStar (S-Band) to Dish." For more, go
here (and don't forget to register.) ---
Google reported operating expenses up about $1B ... but blew past expectations posting $9.03B in revenues (+32%).
In Memorium:
We are sad to report that all-round satellite good guy – and one of the
originators of the Local System Operator concept and of B.E.S.T.
Service and Standards program –
Kevin Leslie passed away earlier this week. Mr. Leslie served as the chairman of the
SBCA
Retail Council from 1997 to 2000. In 1998 he was recognized as the
SBCA Business Leader of the Year; a year later he received the
Gordon D. Main Retailer of the Year Award. Mr. Leslie's many friends will be greeted at
Nales Funeral Home on Friday evening, July 15th; the funeral will be Saturday morning.
Deals – Real & Rumored: In a deal estimated at around $16M, investors led by
Criterion Capital Partners (the current $ behind
Bebo) propped up U.K. online TV service
SeeSaw. ---
Nexstar Broadcasting Group has acquired the assets of Internet technology provider
GoLocal.Biz.
The service provides local business directory, coupon, movie and
entertainment listings to markets including all 35 of Nexstar’s
community portal web sites.
At Retail:
AT&T will be the exclusive mobile broadband provider for
Sony's soon-to-appear S2 two-screen tablet.
Folks:
Jennifer Nicholson-Salke has officially moved from
Twentieth TV to a new job as president of
NBC Entertainment. –
Matthew Zelesko is new SVP of web services and technology at
Time Warner Cable.
Gov't:
Wealth TV has filed a petition asking the
FCC to reopen its program carriage complaint against
Comcast,
TWC,
Cox and
Bright House.
Tech: The
SCTE will unveil drafts of its first two energy management and power reliability standards at its Sept. 15 meeting.
Catch up with the markets this afternoon in The Evening BRIDGE.•