Here is a rewind of some of the latest cable, TV, internet, phone industry and ISP news from around the country for the week of May 15, 2017:
New Worm Kinda Makes You WannaCry
A wave of ransomware hit the whole world last week. More than 200,000 computers in 150 countries have been hit with the malicious software, called WannaCrypt or WannaCry, that demands payment of $300 in Bitcoin.
Here is a recap of the highlights in the cable and ISP news from around the country for the week of May 8, 2017:
Sonic Expands its $40 Gigabit Internet in San Francisco
Independent Internet Service Provider Sonic has begun offering gigabit internet service for $40 per month to residents of San Francisco. That is about half the price that many of the bigger ISPs are offering their gigabit service for.
Following suit with all the other telecos and ISPs buying and selling and merging, late last year it was announced that Windstream and EarthLink would merge. The deal was finalized in February of this year. According to this deal, EarthLink shareholders received 0.818 shares of Windstream stock for each share of EarthLink they owned. The value of the merger is $1.1 billion.
