Qwest posts profit on data growth
Qwest Communications posted a five cent per share or $88 million profit in the first quarter and is on track to be profitable for 2006, as the company manages its costs while seeing growth in data revenues and sales of service bundles....
Verizon revenue up, income down
Revenue was up but income was down at Verizon in the first quarter, due in part to the costs in integrating MCI Communications....
Level 3 buys TelCove
Level 3 Communications continued its expansion, spending $1.2375 billion to acquire regional CLEC TelCove....
UPDATED: SOMA licenses Qualcomm's OFDM patents
LAS VEGAS--SOMA Networks, exhibiting at the Broadband Wireless World conference here, said it has signed an agreement with Qualcomm to license the company's OFDM/OFDMA patents....
Covad's quarter 'best ever'
Covad Communications recorded its best-ever quarterly revenue in the first quarter of 2006 and was EBITDA positive for the period, posting a net loss of $9.3 million or three cents a share....
Comcast luring DSL customers with triple play
Comcast may have come late to the VoIP party, but the U.S.’s largest cable company is making up for lost time--and doing so at the expense of its telephone company rivals...
Cingular, DSL boost AT&T beyond expectations
Cingular’s success continued to drive AT&T’s financial success, but improved data revenues and greater success in the small to mid-sized business market also helped...
Gun owners, librarians unite against Bells
A diverse and perhaps unlikely group of political activists and associations assembled today to voice opposition to a U.S. House bill that it says would impede Internet innovation by undermining network neutrality....
Cingular, data drive BellSouth up
The rising tide of Cingular continued to lift BellSouth’s boat, as the company reported an increase in both revenue and quarterly profit. (Photo by: JOHN DICKERSON/UPI/Landov)...
Level 3 to buy ICG
Level 3 Communications today continued its acquisition spree, announcing that it will acquire ICG Communications for $163 million in cash, including $127 million in Level 3 stock and $36 million in cash...
EarthLink completes NewEdge buy
EarthLink has completed its acquisition of NewEdge Networks, the two companies announced late Thursday....
NCTA: Ad model set to change
ATLANTA--Advertising-supported television isn’t going away anytime soon, but it will be dramatically changing, executives at the National Cable & Telecommunications show said today...
NCTA: Cablevision exec says Verizon not competitive
ATLANTA--Cablevision is taking much more business away from Verizon than it is losing, Chief Operating Officer Tom Rutledge said today. ...
Alltel, Valor name industry's new RLEC
The company formed through the merger of Valor Communications and Alltel's wireline business will be known as Windstream Communications, it announced today....
Extreme lowers revenue guidance
Ethernet equipment vendor Extreme Networks this week lowered expectations for its fiscal third-quarter earnings, citing revenue shortfalls in the United States and Japan....
Competitive operators look on the bright side
A burst of activity among competitive service providers is primarily a good sign, according to both the competitors themselves and to some industry analysts...
XO cancels sale of its wireline business
XO Holdings and Elk Associates have mutually agreed to terminate Elk's proposed purchase of the former's wireline business, citing excessive distractions caused by shareholder lawsuits meant to block the sale....
Choice One, CTC continue expansion
Fresh from their own decision to merger, Choice One Communications and CTC Communications continued their expansion, announcing today they would acquire Conversent Communications, a service provider in the Northeast and in West Virginia, and lay claim to being the second largest competitive service provider in the U.S....
Shaking the family tree
How recycling AT&T will affect the telecom industry's environment...
XO down for Q4, up for '05
XO Communications reported higher revenue and lower losses for 2005, although its fourth quarter revenue was down, both sequentially and year-over-year....
