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The Wall Street Journal: Netflix admits throttling videos on AT&T, Verizon wireless networks

2016-03-25 00:15:49| Wireless - Topix.net

AT&T Inc. and Verizon Communications Inc. were on the defensive last week after accusations swirled they were throttling the quality of Netflix Inc. video on their wireless networks. , a leading proponent of open Internet rules, has been lowering the quality of its video for customers watching its service on AT&T The popular video service said Thursday that for more than five years it has limited its videos to most wireless carriers across the globe, including AT&T and Verizon, to "protect consumers from exceeding mobile data caps," which may discourage future viewing.

Tags: street journal videos wall

 

Telecom Italia admits CEO Patuano heading for the door

2016-03-21 01:00:00| Total Telecom industry news

Italian incumbent says it is holding talks with chief executive with a view to negotiating the terms of his departure.

Tags: door italia ceo telecom

 
 

Commonwealth Bank boss admits insurer wrong on heart attack claims

2016-03-05 06:47:26| Automakers - Topix.net

The chief executive of Australia's largest bank has admitted its CommInsure insurance business had used an outdated and discredited definition of a severe heart attack to deny some claims from clients, and said he would apologise to any customers who were adversely affected. "I am saddened and disappointed by the handling of these cases," Commonwealth Bank of Australia Chief Executive Ian Narev said in a statement on Saturday.

Tags: heart bank wrong claims

 

Best Buy admits Q4 sales were terrible... just like everyone...

2016-02-25 16:34:46| Electronics - Topix.net

Best Buy shares dropped as much as 3% in pre-market trading Thursday after the company reported fourth-quarter results. But America's largest electronics retailer wants shareholders to know that it's been ugly across the consumer-electronics-industry board.

Tags: like buy sales everyone

 

Vimpelcom admits to corruption in Uzbekistan, will pay fines

2016-02-17 01:00:00| Total Telecom industry news

Russian-owned telco reaches settlements with U.S., Dutch authorities that acknowledge violations of corruption practices; Telenor 'takes it very seriously'.

Tags: pay fines uzbekistan corruption

 

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