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MetroPCS Communications said its board has unanimously approved the amended terms of its proposed merger agreement with Deutsche Telekom AG's T-Mobile USA.
MetroPCS will reduce the combined company debt issued to Deutsche Telekom by $3.8 billion to $11.2 billion, a move the carrier said creates additional financial flexibility and significantly increases the combined company's equity value. Deutsche Telekom has agreed to lower the interest rate on the T-Mobile debt by half a percentage point. The amendment also extends the lock-up period for Deutsche Telekom-owned stock to 18 months from six. A shareholder vote on the proposed merger is scheduled for April 24. Now Deutsche Telekom's strategy is to strengthen T-Mobile through the MetroPCS merger, which would give it new customers and valuable rights to the airwaves. The merged entity's publicly traded stock could give Deutsche Telekom an avenue to sell down its stake in T-Mobile over time.
MetroPCS Board Backs Deutsche Telekom's Improved Offer
Dish Network chairman Charlie Ergen said the proliferation of mobile video is one of the biggest drivers of his pursuit of wireless giant Sprint Nextel, adding that his $25.5 billion bid is like the closing two minutes of a Seinfeld episode, when the earlier seemingly disparate 28 minutes finally come together.
It wasn’t the first time Ergen used the Seinfeld analogy – he used it in 2011 when his wireless plans were first taking shape. Back then, analysts and investors were wondering aloud why the satellite giant was spending billions on accumulating wireless spectrum. Back then he said that the investment community would have to wait and see what the final two minutes of this particular Seinfeld episode would be. On April 15, he removed the veil. “This isn’t something that we just thought of yesterday,” Ergen said. “…This is the culmination of a lot of years of work, where we’ve been putting a lot of things in place, whether it be the purchase of spectrum in auctions, the acquisition of Sling Media, all those things come together now with the merger with Sprint, to make a very unique, powerful company.”
Ergen: Mobile Video Driving Sprint Proposal
Dish Network’s bid for Sprint presents Dan Hesse and Co. with an interesting choice.
Analysts point out that Softbank has more than enough money to counter Dish’s $25.5 billion bid, but money aside Dish would make a much better strategic fit for Sprint. Softbank offers much-needed investment to the still struggling No. 3 U.S. wireless operator. But Dish doesn’t just bring cash; it’s got 4G spectrum and a huge pay TV network to boot.
Informa Telecoms & Media Principal Analyst Mike Roberts lays out all of the advantages of a Sprint-Dish marriage: “First and most importantly, Dish could combine its 2GHz LTE spectrum with the LTE spectrum of Sprint and Clearwire to build one of the strongest LTE spectrum portfolios in US, which would be the foundation for a powerful new competitor in the US telecoms market. Second, using Sprint’s newly-modernized mobile network would give Dish a cost-effective way to deploy LTE in its 2GHz spectrum and meet the FCC’s rollout requirements. Third, if the deal goes ahead, Dish and Sprint could quickly offer TV, broadband and mobile bundles to compete more effectively with larger integrated telecoms players such as Verizon and AT&T.”
Sprint’s tough choice: Dish might be a more attractive suitor than Softbank
Smartphones aren’t simply transforming the manner in which media is delivered and consumed; they’re transforming its value, as well. The Boston Consulting Group argues that mobile devices are far more than just enablers of media consumption.
In a new report, “Through the Mobile Looking Glass,” BCG notes that consumers’ perceived value of online media increases as they purchase additional mobile devices. According to the firm’s research, there is a 41 percent increase in perceived media value when consumers add a second mobile device to their collection, another 40 percent increase when they add a third, and a 30 percent increase when they add a fourth. In other words, people with more mobile devices value the media they get through them more than those with fewer devices. Makes sense, right? You get more value out of your HBO subscription if you’re able to finish that “Game of Thrones” episode you started watching on your TV set on your iPad while commuting home from work. And if your iPad battery runs out on that trip and you can finish it on your phone? More value still, right?
The More Mobile Devices You Have, the More Valuable Mobile Content Becomes
The Senate Judiciary Committee will mark-up legislation on April 18 that would require police to obtain a warrant to search e-mails and other private online content.
Under the Electronic Communications Privacy Act (ECPA) of 1986, police only need a subpoena, issued without a judge's approval, to read emails that have been opened or that are more than 180 days old. Privacy advocates argue the law is woefully out of date and that police should need a judge-approved search warrant, based on probable cause, to view any private online messages. S.607, offered by Judiciary Committee Chairman Patrick Leahy (D-VT) and Sen. Mike Lee (R-UT), would amend ECPA to require a search warrant regardless of how old the email is. "Safeguarding Americans’ privacy rights is not a Democratic issue or a Republican issue— it is something that is important to all Americans, regardless of political party or ideology," Leahy said
Senate panel to take up e-mail privacy bill
With winter behind it and spring in the air, Google Fiber is gearing up to extend its broadband and video service packages to almost two dozen "fiberhoods" in Kansas City, Missouri and Kansas.
For the spring, Google has set deadlines for 18 fiberhoods on the Kansas side, with customers in four areas – Plaza at Speedway, Stony Point, Melrose and Rainbow Ridge – having until May 30 to make their service selections, before wrapping up spring sign ups on June 20. In Missouri, Google Fiber has pegged May 23 sign up deadlines for the Wornall Homestead and Crossroads fiberhoods. The installation process is already underway in four fiberhoods in Missouri (Crown Center, Midtown, Sunset Hill and South Plaza West; and in seven areas in Kansas (Hanover Heights, Dub’s Dread, Piper Schools, Delaware Ridge, Painted Hills, Open Door, and Arrowhead).
Google Fiber Springs Into Action
Never before has the value proposition behind information technology investments in health care been so important.
A performance-based reimbursement landscape requires IT infrastructures that contain costs and boost quality. Three metrics in Title III of the 2010 Affordable Care Act -- value-based purchasing, the Hospital Readmissions Reduction Program and hospital acquired medical conditions -- establish a new paradigm for reimbursement at the federal level, where health care organizations must compete for a piece of the pie. This helps to ensure government is reimbursing for the best care available, but the smallest quality gap or error could impact a hospital’s performance ranking and, subsequently, payment.
Competition will likely get more intense if only those with perfect scores reap the benefits. Simply put, much is at stake for health care providers and there is little room for error. To meet the aggressive quality and cost metrics, IT infrastructures that are supported by clinical decision support applications and drive standardization of industry best practices must become a priority. Leveraging limited budget resources will depend on the way health care facilities use clinical decision support technology. That includes tailoring treatment plans for a specific patient and doctor through a combination of CDS tools -- including data-driven alerts, filtered referential information, order sets for specific diagnoses, care plans, surveillance technology and smart documentation forms.
The Health IT Performance Challenge
At Google, we are passionate about speed and making the web faster. A faster web is better for both users and businesses - faster pages lead to better user experience and improved conversions. The Site Speed reports in Google Analytics give every website owner detailed data on the speed of their web pages, as experienced by real users.
Last year, we published a study on the speed of websites around the world based on one week of aggregated Site Speed data from opted-in web publishers. Over the last year, we have seen significant improvements in the core infrastructure that powers the Internet: the web browsers have gotten faster; there have been quite a few LTE/4G deployments making mobile networks a lot faster; and processing power on mobile devices continues to increase at a rapid pace. To determine whether these improvements in technology are making the web faster, we present recent Site Speed data and compare it with the data from last year. While access from desktop is only a bit faster, it is still impressive given that the size of the web pages have increased by over 56% during this period. It’s great to see access from mobile is around 30% faster compared to last year. This is evident from the histograms below as well. For desktop, there is not a significant change in the bucket distributions, but for mobile we see a shift from slower buckets (i.e. higher page load time) to faster buckets.
Is the web getting faster?
National security threats are more diverse, interconnected and viral than at any time in history, the director of national intelligence said in a statement for the record delivered to the House Permanent Select Committee on Intelligence. “This year, in content and organization, this statement illustrates how quickly and radically the world and our threat environments are changing,” James R. Clapper said in the statement’s introduction. At the top of the U.S. intelligence community’s 2013 assessment of global threats is cyber, followed by terrorism and transnational organized crime, weapons of mass destruction proliferation, counterintelligence and space activities, insecurity and competition for natural resources, health and pandemic threats, and mass atrocities. “This environment is demanding reevaluations of the way we do business, expanding our analytic envelope and altering the vocabulary of intelligence,” Clapper said in his statement. The 30-page statement, based on information complete as of March 7, also lists threats in terms of regions such as the Middle East and North Africa, sub-Saharan Africa, East and South Asia, Russia and Eurasia, Latin America and the Caribbean, and Europe. As the top-listed global threat, cyber is discussed in terms of increasing risk to U.S. critical infrastructure, the erosion of U.S. economic and national security, information control and Internet governance, and other areas.
Cyber Tops Intel Community’s 2013 Global Threat Assessment
Most Americans now know the feeling of typing something into a social media input box, thinking again, and deciding against posting whatever it was. But while it certainly seemed like a widespread phenomenon, no one had actually quantified the extent of this "self-censorship." But now, new research based on a sample of 3.9 million Facebook users reveals precisely how widespread this activity is. Carnegie Mellon PhD student Sauvik Das and Facebook's Adam Kramer measured how many people typed more than five characters into Facebook content-input boxes, but then did not post them. They term this "last-minute self-censorship."
71% of Facebook Users Engage in 'Self-Censorship'