AT&T cancels IPO of DirecTV LatAm stake

(Telecompaper) AT&T has postponed a planned IPO of a stake in Vrio, the holding company for its satellite television service DirecTV Latin America. In a brief statement, the company said it decided to withdraw its planned initial public offering of shares of Vrio, citing current market conditions. …read more

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Cisco drops Spark name, folds collaboration app into Webex

(Telecompaper) Cisco has announced plans to discontinue its Spark collaboration platform and fold the service into its Webex conferencing service. The result is a new Webex Meetings application for group calls and video meetings and a collaboration application called Webex Teams (formerly Cisco Spark). All the company’s video devices will use the new converged platform. …read more

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Best Buy gets exclusive on new Amazon Fire smart TVs

(Telecompaper) Amazon has partnered with Best Buy to bring its Fire TV platform to more people. The retailer will begin selling this summer smart TVs by Toshiba and Insignia that come with the Fire TV platform built-in. More than ten 4K and HD models are planned for the US and Canada markets, and they will include Amazon’s Alexa voice-controlled digital assistant. …read more

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