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Video delivery infrastructure company $HLIT said Finnish telecom operator DNA has deployed a complete OTT solution from $HLIT for its DNA TV multiscreen service. $HLIT's multiscreen processing and delivery solutions enable DNA to deliver live TV channels and VOD content to more than 200,000 subscribers on a wide range of devices.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.