Infinera weans itself from Level 3
Infinera grew less dependent on its largest customer, Level 3 Communications, in the third quarter, thanks to a growing roster of other customers, including Cox Communications, XO Communications and 360Networks...
In the Spotlight: Juniper Networks' Stephen Elop
Stephen Elop joined Juniper Networks in January in the newly created post of chief operating officer. Formerly at Adobe Systems through its acquisition of Macromedia (where he was CEO), Elop spearheaded a sweeping internal overhaul of Juniper this year. He spoke to Telephony earlier this month about the changes...
AT&T “approaching” 10,000 IPTV installs per week
AT&T nearly doubled the weekly installation rate of its U-verse IPTV service in the third quarter, the company announced along with its quarterly earnings today...
Render defends his FTTH data
Michael Render, president of RVA Market Research and Consulting, is defending the data in his most recent fiber-to-the-home (FTTH) report following questions from another analyst about its accuracy...
Occam board to give CEO M&A incentive
Amid a wave of investor disappointment, Occam Networks’ board of directors hope to amend the employment contract of the company’s chief executive, Bob Howard-Anderson, to remove any disincentive he might have to sell the company...
Angry Occam investors call for management’s ouster
Filing restated financial reports for recent years this week, Occam Networks claimed to have put its long restatement process behind it. But investors on the company’s quarterly earnings conference call late Wednesday unleashed a barrage of scathing criticism...
AT&T, EchoStar speculation swells
There is a 65% chance that AT&T will buy EchoStar’s DISH Network satellite TV service within the next 12 months, according to Citigroup analyst Jason Bazinet in a research report published today...
Adtran blames flat third quarter on two customers
Adtran blamed sequentially flat third-quarter revenue on two major carrier customers that significantly cut spending in the quarter...
Nortel settles SEC fraud case for $35M
The same day that the U.S. Securities and Exchange Commission filed a lawsuit alleging accounting fraud at Nortel Networks, the equipment vendor agreed to settle the case for $35 million, the SEC said today...
Infinera to raise more funds
Infinera is looking to raise more than $100 million in a new public offering of stock, the company announced late last week...
Telephony LIVE: Megacarrier RFPs loom large over tech innovation
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
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
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
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...
Embarq: Year Two
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?...
Alcatel-Lucent leaders draw fire
The big vendor's management team is suspected of scapegoating...
Paetec emerges among CLECs
With its acquisition of McLeod, the company is putting Qwest on notice...
Updated: Paetec acquires McLeodUSA
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
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
Alcatel-Lucent today lowered its revenue expectations for the year based on discussions with North American wireless carriers...
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