Analyst: Ericsson bid for Lucent likely
By: By Ed Gubbins
Ericsson refuses to comment on recent media reports suggesting it is planning to steal Lucent Technologies away from a proposed merger with Alcatel. But at least one analyst claims Ericsson insiders are serious about plans to acquire Lucent. (Photo by Tim Boyle/Getty Images)...
Lucent wins Riverstone assets
By: By Ed Gubbins
Lucent Technologies beat rival Ericsson in an auction to purchase the assets of equipment vendor Riverstone Networks...
Winner of Riverstone assets unknown Monday
By: By Ed Gubbins
Near the end of the day Monday, the results of an auction between Lucent Technologies and Ericsson for the assets of Riverstone Networks were still unknown to a Riverstone spokesperson...
Shaking the family tree
By: By Vince Vittore and Carol Wilson
How recycling AT&T will affect the telecom industry's environment...
Ericsson battles Lucent for Riverstone
By: By Ed Gubbins
Ericsson submitted a bid yesterday for the assets of Riverstone Networks, challenging Lucent Technologies’ acquisition of the carrier Ethernet equipment vendor...
Global Crossing: Google crowd driving dark fiber sales
By: By Ed Gubbins
Demand is growing for Global Crossing's dark fiber, thanks to Google and companies like it, executives said today while reporting the carrier’s 2005 earnings...
General Bandwidth expands, contracts, moves north
By: By Vince Vittore
General Bandwidth this week announced a new name, a new headquarters and a new expansion in product set. Other than that, there's nothing new....
Nortel's tough choices
By: by Ed Gubbins
New CEO wants vendor to take 20% of each market--or else....
TWT touts investment and diversification
By: By Tim McElligott
Having been burned by bankruptcy once--WorldCom’s, not its own--Time Warner Telecom told investors today at the Merrill Lynch Media and Communications Conference that investment and diversification are beginning to pay off...
Longtime insider named Lucent CFO
By: By Ed Gubbins
Lucent Technologies named John Kritzmacher its new chief financial officer today, filling a vacancy created in January when the company promoted its former CFO, Frank D’Amelio, to chief operating officer...
eLEC to add Liberty Bell to its holdings
By: By Tim McElligott
eLEC Communications has signed a letter of intent to acquire Colorado-based Liberty Bell Telecom, LLC, a local and long-distance company born from the frustrations of radio and television consumer advocate Tom Martino, who is also company founder...
Nortel partners not pleased
By: By Ed Gubbins
Nortel Networks was short a couple of valentines this month, as two of its equipment vendor partners singled out the company as a disappointment ...
Whitacre's worth
By: By Ed Gubbins
Ed Whitacre got a roughly 20% raise in 2005, as he became, through acquisition, AT&T's CEO...
Infonetics charts spending shift
By: By Carol Wilson
Service provider spending on core and edge IP gear is booming, while multi-service switch sales decline, a new report from Infonetics said Thursday...
Avici restructures, weighs ‘strategic alternatives’
By: By Ed Gubbins
Avici Systems announced a restructuring of its company today aimed at lowering the optical equipment vendor’s break-even point as it begins to evaluate strategic alternatives including a sale of the company...
Riverstone offers more financial details
By: By Ed Gubbins
Riverstone Networks released bankruptcy court documents today that offer additional details on the company as it moves to sell its assets in auction to Lucent Technologies...
IP edge gear market fragments further
By: By Ed Gubbins
The market for IP services equipment grew 2% sequentially in the fourth quarter of 2005 as it also grew increasingly fragmented, according to research analysis firm Ovum-RHK...
Clark McLeod found guilty of ‘spinning’
By: By Ed Gubbins
Clark McLeod was found guilty of conducting improper stock trades in the late 1990s while he was chief executive officer of competitive carrier McLeodUSA, a judge ruled late last week...
UTStarcom investigates premature revenue booking
By: By Ed Gubbins
UTStarcom’s board of directors has begun an investigation of the circumstances surrounding the premature recognition of revenue from a contract with an Indian customer. “2005 was a difficult year for UTStarcom,” CEO Hong Liang Lu said. (Photographer: Dean Coppola/Contra Costa Times)...
Lucent buys Riverstone for $170M
By: By Ed Gubbins
Lucent Technologies agreed to buy the business operations of carrier Ethernet equipment vendor Riverstone Networks for $170 million in cash....
Hammerhead names CTO
By: By Ed Gubbins
Hammerhead Systems named Richard Gitlin its new chief technology officer today...
Level 3 promises growth after '05 decline
By: By Ed Gubbins
During the company’s fourth-quarter earnings report this morning, Level 3 Communications projected its core communications services to grow faster in 2006 than its other communication services decline. (Photographers/Source: David Scull/BLOOMBERG NEWS/LANDOV)...
Look again: 2005's budget flush showed up
By: By Ed Gubbins
Equipment vendors and their investors awaiting fourth-quarter earnings reports were made nervous last month by fears that December brought...
Huber hangs it up
By: By Ed Gubbins
To many, the resignation of Broadwing Chief Executive David Huber last week is a long-awaited act of humility from a famously headstrong man...
Fast Forward: Bob Levine, Levine Family II investment group
Bob Levine, the primary investor behind Pannaway Technologies, easily could be enjoying a well-funded retirement...
