Chattanooga offers 10-gig muni broadband; cord-cutting could hit 360K in Q2

More cable news from across the Web:

>  The City of Chattanooga, Tenn., is now offering 10 Gbps municipal broadband service for $299 a month. Ars Technica article

> Bloomberg estimates that pay-TV operators will report aggregate video subscriber losses of between 280,000 to 360,000 for the second quarter. Bloomberg article

> Advertising agency Magna Global says digital will overtake TV this year as the No. 1 advertising medium. MediaLife article

> The FCC has named Michael Janson as its new Open Internet ombudsman. Multichannel News article

Telecom News

> Windstream is shedding its data center business with plans to sell the assets to TierPoint, a cloud and managed service provider, for $575 million in cash, ending months of rumors about what it would do with the unit. Article

> CenturyLink has set an aggressive SDN and NFV network plan, announcing that it will virtualize 40 percent of its global IP core network by the end of this year and plans to have full global virtualization of its IP core network and data centers by 2018. Article

Wireless News

> Verizon Wireless and AT&T Mobility have both embraced equipment installment plans (EIPs) and shifted away from marketing subsidized smartphones with two-year contracts, but because AT&T is further along in that transition, it won't feel as much financial bite in the third quarter, according to financial analysts. Article

And finally… TV rights to sports programming are expected to increase by 7.2 percent per year through 2019, says PwC. Broadcasting & Cable story