BROADBAND

Following are the Oppenheimer's top equity ideas for May. The stocks are based on their view of the company's fundamentals in the context of current market conditions.

AT&T’s data cap has been in effect for a week and public interest groups are asking questions.

Jefferies & Co. initiated coverage of AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) with a buy rating and a price target of $27, implying 41 percent upside.

Telecoms gear maker Ericsson blasted past first-quarter core profit expectations thanks to surging mobile broadband sales but said it would take until the third quarter to resolve Japan quake supply problems.

The top pre-market NASDAQ Stock Market gainers are: LM Ericsson Telephone, Silicon Image, SAVVIS, ShoreTel, Regeneron Pharmaceuticals, Questcor Pharmaceuticals, and Vical. The top pre-market NASDAQ Stock Market losers are: MIPS Technologies, Broadcom, SuccessFactors, Entropic Communications, and RF Micro Devices.

Telecoms gear maker Ericsson blasted past first-quarter core profit expectations thanks to surging mobile broadband sales and hopes to resolve Japan quake supply problems later this year.

Telecoms gear maker Ericsson blasted past first-quarter core profit expectations thanks to surging mobile broadband equipment sales, and said it hoped to have post-Japan quake supply problems ironed out by the end of the third quarter.

Jefferies & Co. reiterated its hold rating on shares of Motorola Solutions Inc (NYSE: MSI) ahead of first quarter earnings results, with a price target of $43.

In its public filing to the FCC yesterday, the company admits that its network has been increasing constrained as more and more high-bandwidth devices have connected to its network.

Verizon added 906,000 new customers and sold 2.2 million iPhones in two months.

Customers of Britain's Virgin Media spent record sums in the first quarter, showing a willingness to pay extra for faster broadband speeds and phone services in spite of the tough economic environment.

Sprint and Clearwire kiss and make up over a wholesale pricing dispute, the latter commits one billion to the former.

A transcript of Obama's speech

The following are remarks by President Barack Obama, as prepared for delivery, on addressing long-term United States and the deficit on April 13, 2011 at George Washington University, in Washington D.C.

Intelsat S.A., the world’s leading provider of fixed satellite services, announced today that the launch of Intelsat New Dawn has been rescheduled to Friday, April 22 at 5:37 p.m. (EDT). The satellite, loaded on an Ariane 5 rocket, will be launched from the Spaceport in Kourou, French Guiana.

Verizon said it would launch new Digital Media Services that would allow entertainment and media companies capitalize on consumers' growing appetite for live and on-demand on their smartphones, tablets and other devices.

Shares of Time Warner Cable Inc. (NYSE: TWC) touched a new 2-year high of $73.19 on Friday. The company said it has filed a request for declaratory judgment relating to Viacom Inc. (NYSE: VIA) cable networks.

The House votes to thwart FCC's net neutrality attempts. The legislation now goes to the Senate and White House, where it is expected to not pass.

Lack of customer interest to blame, said a Verizon spokeswoman.

The FCC's plan to nationalize data roaming has drawn a mixed review from wireless carries and industry associations.

Oppenheimer has upgraded shares of Broadcom to outperform from perform citing strong growth profile, management's stated efforts to pursue profitable growth, a more disciplined operating expense and compensation strategy.