Telephony LIVE: Megacarrier RFPs loom large over tech innovation
By: By Ed Gubbins
DALLAS--Major carrier consolidation is adding both price and time pressure to equipment suppliers, raising questions about the prospects for technological innovation, according to attendees here at the Telephony LIVE show....
Advertiser claims Verizon inflated FiOS numbers
By: By Sarah Reedy
Less than two weeks after Verizon Communications celebrated its two-year anniversary of FiOS TV, an advertiser is accusing the carrier of fudging subscriber data for the fiber-based service...
New Siemens CEO slams Nokia joint venture
By: By Ed Gubbins
Six months after the company launched a joint venture with Nokia, Siemens’ new Chief Executive Officer Peter Loescher said he is dissatisfied with the results...
FTTH Con: U.S. FTTH connections top 2 million
By: By Ed Gubbins
ORLANDO--Fiber-to-the-home connections in the U.S. have more than doubled from a year ago to surpass the 2 million mark, according to data released today from Render Vanderslice and Associates...
Paetec emerges among CLECs
By: By Ed Gubbins
With its acquisition of McLeod, the company is putting Qwest on notice...
Alcatel-Lucent leaders draw fire
By: By Ed Gubbins
The big vendor's management team is suspected of scapegoating...
Embarq: Year Two
By: By Ed Gubbins
Heading into its second year as a standalone company, the former Sprint operation is building a business on fixed/mobile convergence. But with revenue and access lines still declining, can it reinvent itself fast enough?...
Updated: Paetec acquires McLeodUSA
By: By Ed Gubbins
Still integrating its acquisition of US LEC, Paetec has agreed to acquire another fellow CLEC, McLeodUSA, for $557 million in stock, it announced this morning...
Kickback allegations oust U.S. Signal execs
By: By Carol Wilson
Regional CLEC U.S. Signal has undergone an abrupt change in management, as three of its key officials are being investigated for allegedly stealing millions of dollars in the form of kickbacks on overpriced construction projects, according to the Grand Rapids Press...
Alcatel-Lucent flattened by wireless spending cuts
By: By Ed Gubbins
Alcatel-Lucent today lowered its revenue expectations for the year based on discussions with North American wireless carriers...
Amedia Networks evicted
By: By Ed Gubbins
With only a handful of employees left, equipment vendor Amedia Networks has been evicted from its Eatontown, New Jersey, offices for failing to pay its rent...
Former Qwest exec joins private equity firm
By: By Sarah Reedy
Barry Allen, retired executive vice president of operations for Qwest Communications, announced today he has been named a senior advisor to Providence Equity Partners...
UBS: Tellabs’ merger prospects cool
By: By Ed Gubbins
Despite recent reports of merger discussions, Tellabs is unlikely to be acquired by another telecom equipment vendor any time soon, according to UBS Investment Research...
Optical equipment startup raises $45M
By: By Ed Gubbins
Matisse Networks has closed a $45 million funding round, bringing the optical networking equipment startup’s total funding to $80 million...
Optical sector OK as wireline spending stalls
By: By Ed Gubbins
Compared with last year, spending by North American wireline carriers was down more than 5% in the second quarter and down nearly 7% in the first half of this year, according to Ovum-RHK...
Sycamore reports a loss as CFO departs
By: By Ed Gubbins
Sycamore Networks today reported a loss for its 2007 fiscal year despite tremendous revenue growth. The optical switch vendor also announced the resignation of its chief financial officer, Richard Gaynor...
Xfone acquires Texas carrier
By: By Ed Gubbins
Competitive carrier Xfone has agreed to acquire West Texas carrier NTS Communications for $42 million...
Optical transport market hits five-year high
By: By Ed Gubbins
The optical transport equipment market in June reached its highest quarterly revenue level in more than five years, according to Dell’Oro Group...
Quigley, D’Amelio leave Alcatel-Lucent
By: By Ed Gubbins
Alcatel-Lucent today announced the departure of the two top executives that were chief operating officers before the company’s merger...
Mueller Time
By: By Ed Gubbins
As a longtime Bell guy, Qwest Communications' new CEO, Edward Mueller, is likely to avoid the kind of culture clashes ignited by his predecessor, Joe Naccio....
Pannaway to pick up TelStrat access division
By: By Tim McElligott
Pannaway Technologies said last week it will acquire the access division of TelStrat International. In doing so, the company has put itself in position to grow in tandem with Gigabit passive optical network technology, whenever that decides to happen...
Windstream COO departs
By: By Tim McElligott
Keith Paglusch, chief operating officer of Windstream Communications until today, has left the company...
Report: Nortel invests in optical vendor
By: By Ed Gubbins
Nortel Networks is taking a minority stake in optical networking vendor Tejas Networks, according the Economic Times...
Warburg Pincus takes $245M stake in CLEC
By: By Ed Gubbins
Private equity firm Warburg Pincus has agreed to invest at least $245 million in Integra Telecom, a competitive local exchange carrier (CLEC) based in Portland, Ore., that has been acquiring other carriers in recent years...
Switching, routing market swells in Q2
By: By Ed Gubbins
Global sales of switching and routing gear to service providers were up 14% from a year earlier to $2.6 billion in the second quarter, according to Ovum-RHK...
