ITC^Deltacom reports shrinkage
ITC^Deltacom reported shrinking revenue and growing losses for the third quarter of 2006, largely the result of a drop in long-distance service revenue and the company’s exit from two businesses late last year. Meanwhile, its earnings before interest, taxes, depreciation and amortization was up 4% from a year earlier to nearly $17.5 million...
Cisco buys metro Ethernet chipmaker
Cisco Systems will acquire metro Ethernet chipmaker Greenfield Networks, the companies announced today...
Service providers warm up to Cisco
Service providers helped Cisco Systems report a record $8.2 billion in revenue in its first fiscal quarter of 2007 (up 25% from a year earlier). The vendor’s service provider business boasted the highest growth of any of its segments for the first time in six quarters...
Tut irons out MPEG-4 set-top wrinkles
Tut Systems is working through the kinks that stalled the availability of its MPEG-4 set-top boxes for high-definition television (HDTV). Though the vendor was unable to fulfill orders for those set-tops in the second quarter due to problems with middleware and conditional access functions, those problems are now being resolved, according to multiple sources...
TWT narrows loss
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...
Turin hires ex-Luminous CEO
Turin Networks has named Chris Stark its new president of worldwide sales and marketing. Stark was the chief executive officer of Luminous Networks, a vendor of resilient packet ring (RPR) equipment...
Nortel CEO unsatisfied with pace of progress
Nortel Networks reported solid revenue growth in the third quarter but vowed to work harder to tighten its cost structure. Though Nortel Chief Executive Officer Mike Zafirovski expressed pride and optimism throughout the call, he said, “I’m not satisfied with the pace of our progress.”...
TelcoTV: Content developer acquisitions unlikely
DALLAS--Content company executives for the most part don’t believe in the possibility that telcos could acquire or invest in studios and other content developer to help them create exclusive content for their IPTV efforts...
Alcatel wins $300M IP health care deal
Alcatel today announced a multi-year $300 million contract to migrate the University of Pittsburgh Medical Center (UPMC) to a converged IP network...
Cable companies make a comeback
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
Surewest Communications reported revenue and net income growth in the third quarter as broadband growth offset access line losses...
CenturyTel beats the street with low Q3 earnings
Revenue was down $37.7 million from last year’s third quarter, but Monroe, La.-based CenturyTel beat earnings per share expectations by a nickel...
Wireless, data aid Cincinnati Bell’s third quarter
Cincinnati Bell’s wireless and data businesses helped the company overcome flatness in its third-quarter wireline business. Overall revenue was up 7% from a year earlier to $320 million in the quarter...
Pseudowire key to new cellular backhaul options
A technology originally aimed at carrying different types of data traffic across an IP backbone has found a new application that’s not in the backbone. The technology, pseudowire, is now being deployed in Ethernet-based access networks to support a need we’ve been hearing a lot about lately—cellular backhaul...
In the Spotlight: Matt Desch, Iridium Satellite
Matt Desch--former CEO of Telcordia, 13-year veteran of Nortel’s executive ranks and a long-time fixture in the mobile and broadband worlds--was recently named CEO of Iridium Satellite. Telephony’s Jason Meyers talked to Desch about Iridium’s legacy, the capabilities of its network and what the future holds...
Swisscom launches Microsoft IPTV
Switzerland’s incumbent telco launched an IPTV service today similar to AT&T’s U-Verse service...
Extreme’s new CEO describes turnaround plans
Mark Canepa, who was named the new chief executive officer of Extreme Networks in August, highlighted his goals for reviving the Ethernet equipment vendor during its quarterly earnings call late Friday...
In the spotlight: John Grady, Nextlink Wireless
Nextlink Wireless is a sister company to XO Communications, focusing on last-mile broadband wireless access using LMDS spectrum licenses in the top 75 U.S. markets. As a carrier’s carrier, Nextlink sells to both wireless and wireline operators as well as large entities such as the federal government. John Grady, director of marketing for Nextlink, spoke to Editor-at-Large Carol Wilson about the role his firm can play in business continuity planning...
Extreme still struggling with sales
After a challenging 2006 fiscal year, Extreme Networks began fiscal 2007 with more bad news...
Ikanos’ manufacturing woes continue
The manufacturing problems that impacted sales for Ikanos Communications in the third quarter still persist and will continue to plague the company in the fourth quarter, the chip maker said during an earnings call today. In fact, those problems are now worse than the company knew when it lowered its third-quarter revenue expectations only three weeks ago...
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