Ericsson, Redback CEOs exchange vows
By Ed Gubbins
In a press conference this morning, Redback Networks Chief Executive Officer Kevin DeNuccio described the proposed acquisition of his company by Swedish wireless giant Ericsson as a marriage of the two most important technologies of future networks: Internet protocol and mobile networks...
IP Unity, Glenayre messaging to combine
By Carol Wilson
In a move designed to capitalize on fixed/mobile convergence and increased scale, IP Unity has acquired the Glenayre Messaging division of Glenayre Technologies...
Eagle Broadband grows IT business via acquisition
By Ed Gubbins
Eagle Broadband last week agreed to acquire the corporate information technology (IT) customers of Houston-based Connex Services, the company announced today...
Cisco adds $2B in financing to emerging markets
By Ed Gubbins
Cisco Systems’ financing arm, Cisco Capital, is dedicating $2 billion per year in short-term inventory financing capacity for its channel partners in emerging countries....
ITU: Micro-funding could aid telecom development
By Carol Wilson
HONG KONG--Microfinancing is in the spotlight at the ITU Telecom World show here, as the global telecom community looks at ways to better leverage technology to improve the quality of life in developing nations...
Motorola acquires Netopia
By Ed Gubbins
Motorola will acquire Netopia for about $208 million in cash, the companies announced today...
XO narrows loss on cost control
By Carol Wilson
XO Holdings reported higher adjusted EBITDA and a narrower loss, despite lower revenues for its primary unit, XO Communications. For the third quarter, the company had $352.3 million in revenue, $33.9 million in adjusted EBITDA and a net loss of $23.0 million...
Worldwide cable surging
By Carol Wilson
Cable TV operators are slowly growing their base worldwide but more importantly are improving their reputation for service, according to In-Stat’s annual survey of cable operations...
TWT narrows loss
By Carol Wilson
Time Warner Telecom announced improved results from a third quarter that included major financial events including closing of its acquisition of Xpedius, the metro fiber optic service provider TWT bought for $576 million...
Cable companies make a comeback
By Carol Wilson
The cable industry, led by Comcast, made a significant comeback in selling cable modems in the third quarter, according to Information Gatekeepers Inc., an industry analyst firm that has been predicting DSL growth will overtake cable modem deployment...
Surewest fights line loss with broadband
By Ed Gubbins
Surewest Communications reported revenue and net income growth in the third quarter as broadband growth offset access line losses...
Merger approval in limbo at FCC
By Carol Wilson
The $80 billion dollar merger of AT&T and BellSouth, which sailed through the approval process at the state level and the Department of Justice, has temporarily run aground at the Federal Communications Commission. ...
Broadwing logs best quarter
By Carol Wilson
Broadwing, soon to become part of Level 3 Communications, posted its strongest quarter to date, with an increase in revenues and adjusted EBITDA, and a narrowing of both operating and net losses...
Bells: DSL subs and speeds rising
By Ed Gubbins
The Bells’ broadband efforts fared better in the third quarter than in the second. AT&T, BellSouth, Qwest Communications and Verizon Communications gained a combined 1,179,000 broadband subscribers in the third quarter, up 17% from the second quarter...
Qwest stays on profitability track
By Carol Wilson
Despite a second dip in revenues, Qwest Communications posted its third straight profitable quarter, based on improved sales of higher value products and continued cost containment...
Wireless keeps Verizon growing
By Carol Wilson
Buoyed mostly by its Verizon Wireless unit, Verizon today reported a 25% increase in revenues and a 2.8% increase in profits that also reflected broadband and data sales. The revenue increase reflects its integration of MCI, which is proceeding on schedule, Chief Financial Officer Doreen Toben said today...
BT acquires Counterpane
By Carol Wilson
BT today announced that it has acquired managed security service provider Counterpane Internet Security, a privately held Silicon Valley company...
AT&T revenues jump, U-verse ‘on track’
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...
Expansion plans hurt EarthLink’s earnings
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 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...
Integra touts high poll numbers
By Carol Wilson
There is an undeniable trend within the telecom service provider industry to automate, to centralize and to streamline operations to attempt to serve customers well and save money in the process....
Verizon details FTTP cost curves and ROI
In a lengthy presentation Wednesday morning, Verizon Communications chief financial officer Doreen Toben illuminated the future trajectory of costs and returns associated with the company’s FiOS fiber-to-the-premises (FTTP) deployment....
Verizon touts FiOS market, cost-cutting success
By Carol Wilson
Verizon today issued its own report card for its FiOS fiber-to-the-premises network and services, seeking to show the investment community that the $18 billion, six-year investment strategy deserves an ‘A.’...
AT&T takes back 2000 DSL tech support jobs
By Ed Gubbins
AT&T is returning 2000 previously outsourced DSL technical support jobs to its own payroll, the company announced...
VON: Broadwing, XO merger rumored
By Carol Wilson
BOSTON--Rumors that competitive service providers Broadwing Communications and XO Communications are about to announce a merger are whistling through the VON trade show...
