Time Warner Telecom COO renegotiates pay 

By: By Ed Gubbins

Less than a year after signing a three-year employment contract with Time Warner Telecom, Chief Operating Officer John Blount signed a new contract this week, giving him a base salary at least 47% higher than he earned a year ago as executive vice president of operations...

Comcast not tops in telephony 

By: By Carol Wilson

Comcast reported fourth-quarter 2005 earnings that proved confusing more than anything. (Photographers/ Source: Bradley C. Bower/Bloomberg News/Landov)...

Alcatel wireline pushes revenue gain 

By: By Vince Vittore

Alcatel today reported fourth quarter sales of 4.094 billion Euros, up 7.6% from the same quarter last year. Partly on the strength of its fixed-line group, the company said its full-year net income was 931 million Euros, up 61% from 2004....

Nortel refinances 

By: By Ed Gubbins

Nortel Networks will refinance a loan due this month with a newly obtained one-year, $1.3 billion credit facility, the company announced today...

Broadwing CEO steps down 

By: By Ed Gubbins

David Huber has stepped down as chief executive officer of Broadwing, though he will continue to be the chairman of its board of directors, the company announced today...

OnFiber revenue grew 24% in 2005 

In its fifth year of consecutive revenue growth, OnFiber Communications reported growing its overall revenue 24% in 2005 to more than $50 million...

Grande names new CEO 

By: By Ed Gubbins

Texas carrier Grande Communications named Roy Chestnutt its new chief executive officer today, effective Feb. 13...

‘Staggering’ SmartEdge growth brings Redback profits  

By: By Ed Gubbins

Redback Networks announced its first profitable quarter in more than five years last night, thanks to growth in sales of its SmartEdge router products that Chief Executive Officer Kevin DeNuccio called “staggering.”...

Movaz latest optical vendor to find VC funds 

By: By Ed Gubbins

Movaz Networks has closed a $20 million funding round and secured an additional $12 million line of credit, the five-year-old optical networking equipment vendor announced today, bringing the company’s total funding to $182 million...

IP set-top market ready for consolidation 

By: By Vince Vittore

Despite the lack of volume shipments in 2005 and 2006, the market for IP set-top boxes already has started consolidating, according to a recent study from The Diffusion Group. ...

Tellabs hits edge routing sales target 

By: By Ed Gubbins

Tellabs delivered better-than-expected results in the fourth quarter of 2005, including meeting its aggressive sales goal for its closely watched edge routing products....

Nortel makeover may leave Lucent envious  

By: By Ed Gubbins

The ongoing overhaul of Nortel Networks' corporate management staff at the hands of its new chief executive may spark envy among employees and investors at the company's rival, Lucent Technologies...

Fast Forward: Charles Moldow, Foundation Capital 

By: By Vince Vittore

Charles Moldow, who recently joined Foundation Capital as a venture partner, knows what it takes to develop successful start-ups, having been on the founding teams of both Tellme Networks and @Home...

Looking for product fat at Lucent 

By: By Ed Gubbins

After Lucent Technologies delivered its bad news this month, some on Wall Street wondered if the company should consider cutting some of its less popular products...

Alltel hit by hurricane costs, maps ’06 growth 

By: By Vince Vittore

Alltel said today that its fourth quarter and full year 2005 revenue jumped...

Level 3 takes credit rating up a notch 

By: By Ed Gubbins

Standard & Poor’s raised its corporate credit rating for Level 3 Communications from “CCC” to “CCC+” following the carrier’s recent debt exchange, even though S&P viewed the move as a selective default on Level 3’s debt...

S&P comes clean on wireline risks 

By: By Vince Vittore

Standard & Poor's Ratings Services today said that the quick success of cable operators such as Cablevision in the residential voice market is causing it to reassess the business risk for the largest incumbent local exchange providers...

Shareholders approve Tropic oil merger 

By: By Ed Gubbins

Shareholders of Tropic Networks, Chamaelo Exploration and Tournament Energy have approved a three-way merger that would combine the two Canadian energy firms and give the optical networking vendor enough cash to fund operations for nine more months...

Vendor acquires router maker Tasman Networks 

By: By Ed Gubbins

Nortel Networks has agreed to acquire enterprise router vendor Tasman Networks for $99.5 million in cash. Photo: Photographers/Source:MIKE CASSESE/Reuters /Landov...

McLeod vows to exit Chapter 11 in January  

By: By Ed Gubbins

McLeodUSA gained approval of its reorganization plan Thursday from a federal bankruptcy court and plans to emerge from Chapter 11 protection in January 2006...

Spirent sells network products group 

By: By Dan O'Shea

Spirent has agreed to sell its HellermannTyton network products division, which makes wire-fastening components for telecom networks, to funds controlled by Doughty Hanson & Co. Limited for about $511 million...

IP Centrex about to blow 

By: By Tim McElligott

Small and medium-sized enterprises will drive the IP Centrex and hosted PBX market to $1.3 billion by 2009 according to a new report by In-Stat this week...

In the Spotlight: Mory Ejabat, Zhone Technologies 

By: By Vince Vittore

Among consolidators in telecom, Zhone Technologies has proven to have among the most voracious appetites. The Alameda, Calif.-based company has acquired more than a dozen companies since inception, most recently Paradyne. At the same time, it has been criticized by some analysts for bringing together seemingly disparate technology pieces but not offering a comprehensive vision of its future. Mory Ejabat, CEO of Zhone, recently spoke with Telephony's Access Edge and let loose on vision and a number of other topics....

Alcatel gains in edge market 

By: By Ed Gubbins

Alcatel's dramatic third-quarter advance in the edge router market changed the dynamic of a sector dominated by Cisco Systems and Juniper Networks...

Alltel to merge wireline group with Valor 

By: By Vince Vittore

Alltel CEO Scott Ford today said the company will spin off its wireline business and merge the unit with Valor Communications Group in a multi-step deal valued at about $9.1 billion...