Cisco buys Arroyo Video Solutions
Cisco Systems Monday night announced it has acquired Arroyo Video Solutions, a maker of video networking software, as it develops a major video strategy...
Juniper touts sliding market share
Juniper Networks this week touted having held its place as the world's number-two supplier of service provider routers in the second quarter, even as its share of that market slipped sequentially....
RCN divests S.F. system
RCN announced today that it sold its San Francisco cable system to Astound Broadband, as part of the company's strategic plan to focus on its Northeast and Chicago properties....
Paetec, US LEC to merge
US LEC and Paetec, both competitive service providers, are the latest to join the consolidation wave, announcing this morning that they will merge to form “New PAETEC,” a company worth about $1.3 billion...
Global Crossing charts a new course
The one-time high flyer gets practical--and profitable--in the post-boom telecom reality...
Survivors turn hunters in telecom jungle
As competitive carriers get financially healthy, speculation grows as to how they'll spend their millions...
New York City key victory for AT&T
AT&T is viewing its new contract with the City of New York as a major milestone for the company and a potential model for business in cities where it is not already an incumbent provider....
Moffat leaves New Edge
With the company he founded safely ensconced inside EarthLink, telecom industry veteran Dan Moffat is taking some time off to ponder his next opportunity. Moffat announced today that he is leaving New Edge Networks and will be taking some personal time to travel...
Global Crossing earnings on track
Global Crossing’s second quarter earnings lived up to advance billing, as the company was able to post its first sequential growth in consolidated revenue for three years, as well as positive adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) status for the month of June. ...
SureWest continues operational revamp in Q2
With two quarters under his belt as CEO, SureWest's Steve Oldham is looking to the future and a long-term payoff to his cost-cutting initiatives and operational changes. ...
Broadwing posts best-ever quarter
Continuing a trend among competitive carriers, Broadwing today announced the strongest EBITDA performance in its corporate history, based largely on increases in data/broadband revenues and significant cost-cutting measures...
Qwest posts second profitable quarter
Qwest posted its second quarterly profit on strong cost control and broadband growth, despite a slight sequential decline in revenues...
Ikanos to acquire Doradus
Broadband chipset developer Ikanos Communications announced that it has agreed to acquire Doradus Technologies, a developer of advanced signal processing products for wireline and wireless communications and consumer applications...
Time Warner Telecom buys Xspedius
Time Warner Telecom has joined the consolidation party. Late Thursday, the company said it will acquire Xspedius Communications for $531.5 million and buy its way into 31 additional metropolitan markets in the process...
Covad financial picture brighter
The good news continues at Covad Communications, as the company posted its best-ever financial quarter, although revenue growth was small....
DSL, cable voice numbers both up
DSL line growth exceeded cable modem growth for the first time in the Federal Communications Commission’s bi-annual report on high-speed service for Internet access, the federal agency reported today...
Merger helps drive AT&T profit jump
AT&T CFO Rick Lindner today said the company is reaping the benefits of the AT&T-SBC merger even faster than expected, posting an 81% increase in earnings per share, surpassing analysts’ expectations...
Broadwing names new CEO
Broadwing named Stephen E. Courter its new chief executive officer today as well as the newest addition to the carrier’s board of directors....
BellSouth profits up 12%
In what could be its last quarterly earnings announcement, BellSouth posted a 12% increase in profits and a 14% increase in earnings per share, based primarily on wireless and broadband successes...
Closed mergers face more scrutiny
Months after the AT&T/SBC Communications and Verizon/MCI mergers were closed, a federal judge may force new conditions on the merging partners...
