Vandals take out Comcast service station in Chicago; Midcontinent rebrands into Midco

More cable news from across the Web:

> Police say vandalism caused a Comcast cable and Internet outage last month in Chicago's Buffalo Grove neighborhood. Chicago Tribune article

> Former Viacom Media Networks CEO Van Toffler has formed a new studio with backing from Endemol Global Strategy chief Floris Bauer and Otter Media head Peter Chernin. Deadline Hollywood story

> Turner Networks has announced the creation of Ad Lab, a joint venture intended to help innovate TV advertising. Press release

Telecom News

> Midcontinent Communications has rebranded itself under its nickname Midco and plans to roll out 1 Gbps services to its entire serving area by the end of 2017. Article

> Adva Optical Networking has acquired Overture, furthering its network functions virtualization (NFV) and Ethernet over Copper (EoC) capabilities for its carrier customers. Article

Installer News

> Level 3 took the road less traveled in the wireless backhaul race by not aggressively pursuing selling wireless backhaul services to wireless operators' towers. However, it sees greater potential in the emerging small cell market. Article

> The deployment of VoLTE and the refarming of PCS spectrum (as well as the deployment of the AWS spectrum) are key initiatives for the U.S. wireless industry that could potentially result in $28 billion to $30 billion in business for American Tower over the next few years, according to the company's CEO. Article

Wireless News

> Verizon, T-Mobile and Sprint will all report relatively solid postpaid subscriber adds in the fourth quarter, according to a forecast from Wells Fargo Securities, while AT&T will see a net loss in postpaid handset subscribers. Article

And finally… The father of a 17-year-old Australian Xbox gamer received an $8,800 bill last month for in-game purchases. IBT story