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...
Merger approval in limbo at FCC
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
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
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
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
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
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’
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
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
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
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
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
AT&T is returning 2000 previously outsourced DSL technical support jobs to its own payroll, the company announced...
VON: Broadwing, XO merger rumored
BOSTON--Rumors that competitive service providers Broadwing Communications and XO Communications are about to announce a merger are whistling through the VON trade show...
Flanigan retires from TIA
Matt Flanigan is retiring as president of the Telecommunications Industry Association and will be replaced by Grant Seiffert, the group announced today...
MegaPath makes bid for DSL.net
Managed services provider MegaPath today announced plans to extend its reach by investing in DSL.net, with plans to buy the competitive carrier....
Global Crossing makes bid for Fibernet
Global Crossing is making a bid to expand its U.K. operations, offering $96.1 million for Fibernet Group, a competitive service provider. ...
Redefining business continuity
Like all major telecom service providers, AT&T got a wake-up call in 2005, when a series of hurricanes wiped out networks throughout the Southeast and forced many businesses to consider a more serious approach to disaster recovery and business continuity than they had taken in the past...
Calls for unity at CoBank conference
Acknowledging the strength in numbers, independent and cooperative telecom companies and their financiers spoke this week at the 2006 CoBank Executive Forum in Beaver Creek, Colo., about the need for a more unified front to regulators and equipment vendors...
