Updated: Tellabs suffers from drop in FTTC sales to BellSouth
By: By Ed Gubbins
Tellabs reported a drop in first-quarter revenue today driven by weaker sales of fiber-to-the-curb (FTTC) equipment to BellSouth following that carrier’s acquisition by AT&T...
Level 3 completes AT&T asset buy
By: By Carol Wilson
Divestiture orders are spreading AT&T and Verizon fiber assets through the competitive industry. Level 3 Communications today announced that it has completed the acquisition of fiber assets from AT&T in Detroit, Hartford, Kansas City, Milwaukee, San Francisco and St. Louis...
SureWest Communications puts broadband on sure footing
By: By Tim McElligott
SureWest Communications reported fourth quarter earnings today highlighting an 18% increase in broadband revenue that took the broadband segment to its first full quarter of positive EBITDA...
Comptel: Globix goes Neon
By: By Carol Wilson
LAS VEGAS--Globix Corp. this week announced a name change. Two years after Globix merged with Neon, the company has sold off most of the Globix hosting assets and decided to become Neon Communications Group, trading under the stock ticker “NGI” instead of “GEX.”...
Comptel: AFS continues expansion with IDACOMM
By: By Carol Wilson
LAS VEGAS--Under the radar of some of the larger consolidations in the competitive carrier industry, American Fiber Systems is quietly building a CLEC empire in Tier 2 and Tier 3 cities. Most recently, the company completed its acquisition of IDACOMM, adding the Nevada cities of Las Vegas, Reno, and Carson City as well as Boise, Ida., to its list of cities served...
AT&T snags GM contract
By: By Dan O'Shea
AT&T said it has been awarded a five-year global networking contract worth nearly $1 billion by General Motors...
Qwest posts milestone year
By: By Carol Wilson
The year 2006 was a milestone for Qwest Communications, as the company was able to post its first full year of earnings per share and net income in each of the four quarters, based largely on strong sales of data and Internet services...
Time Warner Telecom charts growth
By: By Carol Wilson
Time Warner Telecom topped a year of growth with a quarter of growth, as its revenues increased to $238.8 million, up from $184.5 million in the fourth quarter of 2005...
Helio booms, EarthLink’s profits bust
By: By Carol Wilson
Helio, the virtual mobile network operator jointly owned by EarthLink and SK Telecom, said today it will hit 100,000 subscribers in its youth demographic in April and is generating monthly revenue at a rate that exceeds $100 million a year...
TIA study: 2006 U.S. telecom's strongest year
By: By Dan O'Shea
The good news is that, according to the Telecommunications Industry Association's recently released 2007 Telecommunications Market Review and Forecast,...
Investors take over Sage Telecom
By: By Tim McElligott
Silver Point Capital will acquire Sage Telecom next quarter and has contracted with CXO LLC, a Dallas-based management and advisory services firm, to oversee operations during the transition...
TIA study: Global telecom market at $3 trillion
By: By Dan O'Shea
The Telecommunications Industry Association this week issued its “2007 Telecommunications Market Review and Forecast” for the global telecommunications industry...
Another year, another big merger
By: By Carol Wilson
It really shouldn’t be a big surprise to discover that the merger of AT&T and SBC is going better than planned...
A Telephony Podcast: Challenges of the Carrier Megamerger
Telephony’s Dan O’Shea and Carol Wilson discuss the integration challenges wrought by large carrier mergers, including the recent rollups of AT&T/BellSouth and Verizon/MCI...
Verizon Business riding merger success
By: By Carol Wilson
The first in a two-part series reflecting on the AT&T-SBC and Verizon-MCI mergers a year later...
Alcatel-Lucent issues Q4 warning
By: By Dan O'Shea
Alcatel-Lucent won't report quarterly earnings for the first time as a combined company until Feb. 9, but already the new megamerger in town has issued a warning that fourth-quarter 2006 revenue will be lower than Alcatel's 2005 figure--and that new cost-cutting measures may lie ahead...
Start-up targets SMS for FMC
By: By Carol Wilson
In an era of consolidation, start-ups have become rare but Stoke, a venture capital-funded newcomer, is nonetheless going bravely where it thinks no one...
Details emerge in Motorola’s Tut merger
By: By Ed Gubbins
A single top-tier U.S. carrier played a large, influential role in the merger negotiations between Motorola and Tut Systems, regulatory filings revealed this week. Clues suggest that carrier could be Verizon Communications...
Linda Beck becomes New Edge chief
By: By Carol Wilson
Linda Beck is taking over as only the second person to lead New Edge Networks, but the EarthLink veteran hopes to bring unique expertise to the competitive service provider....
Tellabs joins fourth-quarter warning trend
By: By Ed Gubbins
Tellabs has become at least the fifth telecom equipment vendor to warn of lower-than-expected fourth-quarter financial results....
Level 3 completes Broadwing buy
By: By Carol Wilson
Level 3 announced today that it has completed its acquisition of Broadwing but is not providing details until its fourth-quarter earnings are released in February...
EarthLink’s Betty succumbs to cancer
By: By Carol Wilson
Garry Betty, the man who led EarthLink through its transformation from a popular Internet service provider to a multimedia operator in voice, wireless, business services and data, died Tuesday due to complications from cancer...
Juniper bids 2006 good riddance
By: By Ed Gubbins
As 2007 arrives, one company that probably welcomes the calendar change more than most is Juniper Networks, for whom next year promises to be better than this one....
Stock option problems cost Juniper $900M
By: By Ed Gubbins
Juniper Networks expects to record a $900-million charge as a result of improprieties in its stock option granting practices, the company revealed late Wednesday....
Motorola acquires Tut Systems
By: By Ed Gubbins
Motorola has agreed to acquire video systems vendor Tut Systems for $39 million in cash, or $1.15 per share. The move is only the latest acquisition meant to bolster Motorola’s growing presence in the residential video market. ...
