In the Spotlight: eDial's Scott Petrack
By: By Vince Vittore
Unlike many company founders who take the first possible exit upon acquisition by a larger player, Scott Petrack has stuck around since Alcatel made its $27 million acquisition of conferencing and collaboration server vendor eDial. Petrack recently spoke with Telephony's Vince Vittore about the acquisition, future developments of presence management and his vision...
Alcatel hit by wireline decline; predicts rebound
By: By Vince Vittore
Alcatel reported first quarter revenues of $3.35 billion, down from fourth quarter 2004 revenue of $4.9 billion but up slightly from the same quarter last year....
Amedia gets $1.5M bridge loan
By: By Ed Gubbins
Facing the prospect of running out of cash by the end of the month, Ethernet access equipment vendor Amedia Networks obtained $1.5 million in interim debt financing from an institutional investor this week, aiming to use the funds for “general corporate purposes"...
Metalink takes down revenue estimates, shakes up management
By: By Vince Vittore
VDSL chip vendor Metalink announced today that it is revising its first-quarter revenue estimates down and appointing two new executives...
Fast Net Futures: Vendor consolidation inevitable
By: By Vince Vittore
SAN JOSE--The consolidation of carriers over the next several years will inevitably force the vendor market to follow suit, according to speakers this morning at Fast Net Futures...
Arroyo racks up $12 million, names new CEO
By: By Vince Vittore
Video-on-demand vendor Arroyo Video Solutions announced today that it has completed a series B funding round totaling $12 million. ...
Institutions invest $3.2 billion more in equipment sector
By: By Ed Gubbins
Institutional investors increased their positions in the telecom equipment sector by about $3.2 billion in the fourth quarter, according to Susquehanna Financial Group analyst Joe Chiasson...
Tut absorbs Copper Mountain technology and talent
By: By Ed Gubbins
Tut Systems announced late Friday it has signed a definitive merger agreement with access equipment vendor Copper Mountain Networks with the aim of applying Copper Mountain's technology and engineering talent to its own video content processing endeavors without entering Copper Mountain's chosen product areas. ...
Ed Kennedy joins Hatteras board
By: By Ed Gubbins
Former Tellabs executive Edward Kennedy has joined the board of directors for Hatteras Networks, a vendor of Ethernet access equipment, the company announced today. ...
NTCA's Brunner: Challenges ahead
By: By Vince Vittore
SAN ANTONIO--Michael Brunner, CEO of the NTCA opened that group's annual meeting today by saying that 2004 was a good year for the group's small, mostly rural telcos, but that this year would be filled with challenges....
Tandberg inching into telco video market
By: By Vince Vittore
Its $118 million acquisition of video-on-demand vendor N2 Broadband complete, Tandberg Television today reported a slight increase in fourth quarter revenues, a big jump in operating profit...
Tandberg acquires Atlanta VoD vendor
By: By Dan O'Shea
Tandberg Television, the European video compression and delivery company, announced that it has acquired N2 Broadband, an Atlanta-based vendor of on-demand entertainment systems, for about $118 million in stock and cash...
Alcatel DSL shipments up
By: By Vince Vittore
In reporting fourth-quarter net profit of $52 million this week, Alcatel said it added to its market share lead, capturing 40% of the global DSL market. On a raw numbers basis, the company said it shipped the equivalent of about 49 million lines of DSL last year...
Wireless boosts Sprint's 4Q
By: By Dan O'Shea
Sprint has reported a 16% year-over-year increase in revenue from its wireless operation during the fourth quarter of 2004, as well as a record number of new wireless subscribers, giving the company strong quarterly results despite an overall sluggish year for the company. ...
Critical Telecom finds big brother in Ericsson
By: By Vince Vittore
Critical Telecom said it has signed a multi-year global agreement with Ericsson, under which Ericsson will integrate Critical's line-powered GEmini Remote Ethernet DSLAM into its Ethernet DSL Access portfolio. ...
Video vendors see big gains from large telco deployments
By: By Vince Vittore
Activity increasing in market as competitive pressure tightens...
Westell earnings jump on gateway strength; lands Verizon One deal
By: By Vince Vittore
Westell this week reported fiscal third quarter 2005 net income of $3.7 million, a 21% increase from the quarter ended Sept. 30, 2004. ...
NTELOS refinances debt, sets plan to sell to two private equity firms
By: By Vince Vittore
Waynesboro, Va.-based telco Ntelos, announced today that it has entered into a multi-step agreement with affiliates of Quadrangle Capital Partners LP and Citigroup Venture Capital under which Ntelos will be recapitalized and sold to Quadrangle and CVC. ...
MCI’s Capellas offers insight on industry’s future
By: By Ed Gubbins
The next generation of requirements for communication networks won’t be defined by the telecom industry but by the broader information technology industry,...
Tut acquires Cosine
By: By Vince Vittore
Sensing an acceleration of the telco video market--and a desire to shore up its cash position--Tut Systems announced that it has signed a definitive merger...
Update: Comcast’s Roberts looks for converts
By: By Carol Wilson
Monday afternoon, Comcast CEO Brian Roberts took on his toughest challengers--the Wall Street skeptics. Armed with facts, figures and aggressive plans...
Tejas Networks gets $15M C round
By: By Ed Gubbins
India-based equipment vendor Tejas Networks has secured a $15-million C round of financing, the company announced today. The round was led by Battery...
Verizon granted local cable deal in Texas
By: By Carol Wilson
Verizon this week landed its second local cable TV franchise and its first in Texas, where it has been most aggressive in building out fiber-to-the-premises...
CC Communications opts for Wave7
By: By Vince Vittore
CC Communications, a 13,000-line telco in Fallon, Nev., announced that it will use Wave7 Optics’ Last Mile Link fiber-to-the-premises equipment broadband...
Verizon access line sale short on options
By: By Vince Vittore
If Verizon Communications intends to shed a substantial number of its access lines, as it indicated in its third quarter earnings call last month, the...
