Qwest names new CEO
Qwest Communications has named Edward Mueller its new chief executive officer, replacing Richard Notebaert, who retires on Wednesday...
IP services brighten XO Holdings’ Q2 picture
Despite positive gains for its IP services, XO Holdings posted a slightly higher net loss for the second-quarter this week and saw a dip in revenue over the same period...
Global Crossing gets mixed results in Q2
Global Crossing reported second-quarter results today that saw the service provider suffer a net loss despite higher revenues...
Calix quietly raises $75M
Calix sold nearly $75 million in preferred stock this summer without publicly announcing the transaction, dampening speculation that the equipment vendor might go public any time soon...
Cisco co-founder launches DWDM start-up
Cisco Systems co-founder Len Bosack is launching a new equipment start-up today aimed at bringing optical networking to people who are more comfortable with routers than optics...
Caspian founder launches edge router start-up
The founder of router vendor Caspian Networks has launched a new company he hopes will apply Caspian’s concepts to a more cost-effective set of products. ...
Sycamore discontinues another Eastern Research product
Sycamore Networks decided late last month to discontinue marketing or developing the BSG line of products it obtained through its acquisition of Eastern Research last year...
Alcatel-Lucent cancels Adva orders
Alcatel-Lucent pulled away from its partnership with Adva Optical Networking in the second quarter, dragging down Adva’s revenue and even canceling some existing orders for Adva’s wavelength-division multiplexing (WDM) gear, Adva said today...
Nortel North America president resigns
The president of Nortel Networks’ North American operations will resign at the end of this month, the company announced late Wednesday...
Qwest close to new CEO, Notebaert said
Qwest Communications’ outgoing Chairman and CEO Richard Notebaert hinted broadly this morning that an announcement is forthcoming of his replacement. In the Q&A session following what could be his last earnings call with Qwest, Notebaert told analysts the new executive will be announced “sooner rather than later.”...
Infinera revenue explodes
In its first quarter as a public company, equipment vendor Infinera reported more than $58 million in second-quarter revenue, a nearly 19% increase sequentially and a 1360% increase from a year earlier...
Alcatel-Lucent defends against price attacks
Alcatel-Lucent’s second-quarter revenue beat the expectations of Wall Street analysts but fell short of earnings expectations, leading many analysts to focus on the vendor’s margins...
Integration woes hamper Level 3
Level 3 Communications struggled to keep up with sales demand in the second quarter as it worked to integrate several recent acquisitions...
Zhone’s business shifts overseas
Zhone Technologies’ business shifted internationally in the second quarter, as half of the company’s $44 million in revenue came from outside the United States...
Tellabs' BellSouth FTTC spending picks up
Spending from AT&T and its constituent companies improved in the second quarter but haven’t yet returned to the levels seen before last year’s merger with BellSouth, according to Tellabs...
Report: Tellabs mulls offer from Nokia-Siemens
Tellabs is mulling a $7-billion acquisition offer from Nokia Siemens, according to a report this weekend from TheStreet.com....
Sycamore outshines its acquisition
Sycamore Networks continued to grow revenue in its fiscal third quarter while the company it acquired last fall, Eastern Research (ERI), continued to contribute less...
Juniper raises its outlook for 2007
Juniper Networks raised its expectations for the year after reporting second-quarter earnings results Wednesday evening...
3Com approached by potential acquirers
3Com could become the next company to be acquired by a private equity player or telecom equipment vendor, according to the Wall Street Journal...
Adtran still waiting for AT&T’s return
Despite a false impression left in the first quarter, Adtran is still waiting for AT&T to resume the level of spending it did before the approach of its merger with BellSouth late last year...
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