ECI overhauls slow-growing former Laurel business
By: By Ed Gubbins
With the growth of its data networking division lagging behind expectations, ECI Telecom vowed to make significant changes to the business it inherited by acquiring Laurel Networks last year...
Ikanos CEO steps down
By: By Ed Gubbins
Rajesh Vashist, chairman and chief executive officer of DSL chip maker Ikanos Communications, has resigned both posts, effective immediately, the company announced late Tuesday. ...
Tellabs’ sales of FTTP gear dip
By: By Ed Gubbins
Sales of Tellabs’ fiber-to-the-premises (FTTP) gear dipped in the third quarter as a major customer (most likely Verizon Communications) made an “inventory correction,” making more use of the gear it had already purchased, Tellabs said...
Lucent’s Russo: Alcatel merger ‘on track’
By: By Dan O'Shea
Lucent Technologies chairman and CEO Pat Russo said during the company’s earnings call this morning for its fiscal fourth quarter and fiscal year 2006 results that Lucent’s pending merger with French vendor giant Alcatel remains “on track” to close by the end of 2006...
Access line loss slows, says BellSouth
By: By Carol Wilson
In what could be the last earnings call for BellSouth as a separate company, Chief Financial Officer Pat Shannon said access line loss rates are “flattening,” as cable VoIP deployment is completed and losses to wireless substitution are reduced...
AT&T revenues jump, U-verse ‘on track’
By: By Carol Wilson
AT&T reported a 74% increase in third-quarter revenues, based on wireless growth, improved wireline performance and faster-than-expected integration of AT&T and SBC Communications...
Redback sales to BellSouth dip
By: By Ed Gubbins
Sales of Redback Networks’ gear to its biggest customer, BellSouth, dropped in the third quarter, but the vendor expects the situation to return to normal next quarter...
Juniper CEO heralds end of carrier Ethernet
By: By Ed Gubbins
Juniper Networks’ new carrier Ethernet router, the MX960, will bring about the end of the market for carrier Ethernet gear, Juniper chief executive officer Scott Kreins said during the company’s third-quarter earnings call late Wednesday...
Expansion plans hurt EarthLink’s earnings
By: By Carol Wilson
EarthLink’s sky-high ambitions have brought the company’s earnings crashing down to earth, as its Helio wireless investment was largely responsible for a third-quarter loss of $3.2 million, or two cents per share...
Updated: Level 3 buys Broadwing
By: By Carol Wilson
Long-rumored as an acquisition target of either Global Crossing or XO Communications, Broadwing today was acquired instead by Level 3 Communications, which will pay $1.393 billion in aggregate stock and cash...
Turin wins White Rock
By: By Ed Gubbins
Turin Networks won the assets of White Rock Networks in a bankruptcy court auction last week, White Rock has confirmed. The companies expect the court to approve the deal Tuesday afternoon...
Time Warner Telecom changes its name
By: By Ed Gubbins
Time Warner Telecom is changing its name. To what, exactly, isn’t completely certain...
Turin bids on White Rock
By: By Ed Gubbins
Turin Networks has bid about $3 million for most of the assets of White Rock Networks, according to the Dallas Business Journal...
Optimum Lightpath: Growth ‘R’ Us
By: By Carol Wilson
Being over budget is not usually a good thing, but for Optimum Lightpath, the success of its Metro Ethernet service has led to a faster-than-expected buildout of fiber to businesses in the New York/New Jersey/Connecticut area that the Cablevision subsidiary serves. This month, the company expects to have “lit” 2000 buildings in the densely populated area...
VDSL2 chip delays drag Ikanos revenue
By: By Ed Gubbins
Chip maker Ikanos Communications warned late Wednesday its third- and fourth-quarter revenue would fall below analysts’ expectations due to delays in some of its newest products as well as “manufacturing constraints and general weakness in the communications industry.”...
Fujitsu Network Communications names new CEO
By: By Ed Gubbins
Fujitsu Network Communications named Satoshi Ikeuchi its new chief executive officer today...
Zhone misses third-quarter revenue target
Zhone Technologies’ third-quarter revenue will be 20% to 24% lower than previously expected, the company announced late Wednesday....
AT&T takes back 2000 DSL tech support jobs
By: By Ed Gubbins
AT&T is returning 2000 previously outsourced DSL technical support jobs to its own payroll, the company announced...
Telco Systems acquires IP DSLAM vendor
By: By Ed Gubbins
Telco Systems has acquired IP DSLAM maker Critical Telecom, the company announced today...
Analyst: Nortel eyeing Force10
By: By Ed Gubbins
Nortel Networks might be considering an acquisition of Ethernet switch vendor Force10 Networks, according to Susquehanna Financial Group analyst Joe Chiasson...
VON: CopperCom’s capture of IOCs continues
By: By Tim McElligott
BOSTON--With a range of solutions and deployment scenarios from switch replacement and cap-and-grow scenarios to customer care and voicemail, CopperCom announced this week it has racked up four more independent operating company customers...
Lucent, Alcatel shareholders approve merger
By: By Ed Gubbins
Shareholders of both Alcatel and Lucent Technologies voted to approve the proposed merger of the two companies today...
Alcatel merger vote nears
By: By Ed Gubbins
Shareholders of Alcatel and Lucent Technologies will vote tomorrow on whether to approve the merger of their two companies....
Huawei takes Alcatel's optical crown
By: By Ed Gubbins
Alcatel was bumped from its spot as the world's leading supplier of optical networking hardware for the first time ever in the second quarter, according to Infonetics Research....
White Rock suspends operations
By: By Ed Gubbins
The directors of White Rock Networks decided to suspend virtually all of the company’s operations today and furlough most of its employees while the company attempts to quickly end its search for an acquirer...
