Verizon Wireless has agreed to pay $3.6 billion to buy licenses for mobile spectrum covering 259 million U.S. residents from SpectrumCo, a joint venture of three cable providers.

While AT&T's attempts to acquire T-Mobile are stuck in limbo, rival Verizon has been quietly gobbling up spectrum from cable companies like Cox Communications, which today sold Verizon $315 million in licenses for 20MHz of its Advanced Wireless Services (AWS) spectrum.

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After years of sticking customers with clunky, ugly remote controls, television providers are suddenly infatuated with Apple's iPad. Cable companies, telcos, and satellite services are invading the iOS App Store with their creations, letting users take control of their televisions with touchscreens either from the couch or from afar.

No wonder everybody's gunning for Netflix. The video-streaming service is more popular than many of us imagined. A new study by market research firm The NPD Group shows that Netflix's share of streamed or downloaded digital movies was a competition-crushing 61 percent between January and February 2011.

Time Warner Cable (NYSE: TWC) has announced plans to buy NaviSite (NASDAQ: NAVI) in a $230 million deal through which Time Warner will inherit more than a thousand business customers who use managed services.

Aol officially set sail as an independent, publicly traded company on Thursday, leaving behind its parent company Time Warner and embarking on a journey that could be turbulent.

A blogger helping to tune a friend's wi-fi network uncovered a gaping security hole in Wi-Fi cable modem routers installed in 64,000 Time Warner subscribers' homes, leaving them open to attack.