Small telcos feel merger pressure
In the wake of major-carrier consolidation, merger activity among small and regional telcos is escalating and should continue next year...
Eagle Broadband enters Chapter 11
Eagle Broadband entered Chapter 11 bankruptcy yesterday as its former chairman submitted an asset seizure order to its primary bank...
Occam’s losses multiply
Occam Networks reported sharp declines in revenue and net income during the third quarter, in accordance with warnings the company gave last month...
XO slashes loss despite flat revenue
XO Holdings dramatically cut its losses on relatively flat revenue in the third quarter...
Falling prices tempt RLEC consolidators
While integrating its acquisition of CT Communications, executives of Windstream Communications reiterated the case for future acquisitions this week, and some analysts say recent changes in the market could encourage further consolidation among rural carriers...
Cisco reports solid first quarter
Cisco Systems continued its solid streak for the first quarter of fiscal 2008, reporting revenues of $9.6 billion from $9.4 billion in the previous quarter...
Tellabs CEO to resign
Krish Prabhu has announced he will resign his position as president and chief executive officer of Tellabs by March 1, 2008...
Surewest on the hunt for M&A
Surewest Communications is actively seeking acquisitions to help scale its fiber-to-the-home (FTTH) business, the company said today, emphasizing that it is not looking only for properties in geographic proximity to its California network...
Adva’s Alcatel-Lucent partnership hits ‘bottom’
Adva Optical Networking’s partnership with Alcatel-Lucent has thinned about as much as it can, the equipment vendor said today...
Acquisitions impact Citizens’ earnings
After a busy year of acquisitions and integration, Citizens Communications today reported a fall in earnings for the third quarter of 2007 due in large part to higher expenses associated with the acquisitions...
When giants stumble
Last year, as the telecom industry's top equipment vendors moved toward consolidation, the rest of the vendor landscape was grimly warned: Join the consolidation trend or be trampled by the new breed of titans. Why megavendors aren't so tough after all...
Verizon DSL growth withers in FiOS' shadow
Verizon's DSL business is slowing drastically as the company focuses on its fiber-to-the-home deployment...
Foundry's service provider drive pays off
Foundry Networks is making good on its promise to penetrate the service provider market this year...
Anagran names new CEO
Edge router start-up Anagran today named as its new chief executive officer Kim Niederman, a former sales vice president at Polycom...
Alcatel-Lucent’s restructuring not a full remedy, say analysts
Analysts and investors seemed to approve of the new restructuring plans Alcatel-Lucent announced today, but the moves did little to assuage deeper doubts surrounding the company...
Qwest greenlights $300M FTTN rollout
Qwest Communications’ directors have approved its management’s fiber-to-the-node (FTTN) deployment plans, new chief executive officer Ed Mueller said during the company’s quarterly earnings call today. But the company isn’t yet saying what set of services will justify the strategy...
Covad acquired by private equity firm
Covad Communications has agreed to be acquired by Platinum Equity for about $304 million in cash, the companies announced today...
Occam chairman: No M&A or CEO search underway
Despite calls from some investors to replace top management or sell the company, Occam Networks has no plans to do either, according to the company’s chairman and representative of its largest shareholder...
Telcos slow Comcast’s subscriber growth
Comcast blamed telecom competitors for unexpectedly slower growth in subscriber additions in the third quarter...
Nokia Siemens acquires carrier Ethernet vendor
Nokia Siemens Networks announced plans to acquire carrier Ethernet equipment vendor Atrica today, in what would be the joint venture’s first acquisition...
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