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Stock Market & Financial Investment News

News Breaks
August 6, 2014
17:30 EDTLMOSLumos Networks signs contract to deliver fiber connectivity to DC Corp
Lumos Networks Corp. announced it has signed a contract to deliver fiber connectivity to DC Corpís 180,000 square foot data center located in Martinsburg, West Virginia. Upon completion of the fiber connectivity to the DC Corp facility, Lumos Networks will have fiber connectivity to sixteen commercial data centers within its fiber footprint.
News For LMOS From The Last 14 Days
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February 26, 2015
13:00 EDTLMOSFCC votes in favor of adopting net neutrality proposals
The Federal Communications Commission voted 3 to 2 in favor of adopting new open Internet, or "net neutrality," rules. FCC Chairman Tom Wheeler has proposed that the FCC use its Title II authority to implement and enforce open Internet protections, with "bright-line" rules to ban paid prioritization and the blocking and throttling of lawful content and services. However, Wheeler said his proposal will "modernize" Title II, insuring there will be no rate regulation, no tariffs, and no last-mile unbundling. Major Internet Service Providers, including AT&T (T), Comcast (CMCSA), and Verizon (VZ), have opposed FCC Chairman Wheeler's proposals to treat Internet service similar to a utility. Other companies that provide Internet services include Time Warner Cable (TWC), CenturyLink (CTL), DIRECTV (DTV), Cablevision (CVC) and Lumos Networks (LMOS). Netflix (NFLX) has strongly supported open Internet provisions. Cogent Communications (CCOI) and Level 3 Communications (LVLT) are facilities-based providers of Internet access and Internet Protocol communications services that are likely to be impacted by FCC rules on net neutrality.
12:55 EDTLMOSFCC Chair says open Internet proposals not a plan to control the Internet
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