With portal service contracts from AT&T, shares of Buffalo, N. Y. based Synacor climbed more than 119 percent on Wednesday during the afterhours trading.

The companies said the revenues expected from the contract will be approximately $100 million a year following the full product operation in 2017. The early products will get be launched in the second quarter of 2016 and further products will come by the last quarter of 2016.

The founder and managing director of the telecommunications company TeamTalk, David Ware has announced that he is stepping down from the top job because of health reasons.

Ware, who founded the company more than 20 years earlier, said that he has suffering from huge stress with poor health running three companies. He admitted that his behaviour had been sub-optimal with the staff and said that he is aware that staff members had complained about him in work place.

The wireless market for AT&T is no more what it used to be and once that was the company's main earning source. Now Dallas- based AT&T is depending more on its video leaving the traditional wireless service second.

The second-largest phone company of the nation has faced sluggish growth last year with many of its phone customers opting for cheaper offers from its rivals like T-Mobile and Sprint. However, chasing these customers is not what AT&T has in mind; instead it is focusing on serving customers better in other ways.

Ralph Joel Roberts, 95, the brainchild behind Comcast left for the heavenly abode on Thursday night. He died of natural causes in Philadelphia.

Ralph Roberts transformed the small cable system that he bought in Tupelo, Mississippi, in 1963 into the mammoth Comcast, which presently is the nation's largest provider of cable TV and home Internet service.

The apps on the wireless phones may be too smart to locate the place where a snap was clicked or may allow its user to sign in to a business or check-in to a hotel with the just a click of a button. However, the same gadgets at times fail pinpoint the locations when calls are made to 911in an emergency situation.

It appears that T-Mobile, the fourth largest wireless operator in the US had itself a good fourth quarter along with the entire 2014.

T-Mobile, posted its quarterly profit reports and revenue results which surpassed the market estimate. Aggressive discounts from the company helped in adding 2 million or more subscribers to the company's list.