Telecom claims 3 of 2005's 10 best small-cap stocks
Three of the ten best-performing small-cap stocks of last year belonged to telecom companies, according to data compiled by FactSet Research Systems....
BT signs 21CN contracts with four vendors
BT has signed contracts with four of the equipment vendors it named as preferred suppliers to its 21st Century Network project: Ciena, Huawei Technologies, Lucent Technologies and Siemens....
Under new Nortel CEO, changes keep coming
Changes continue to trickle in at Nortel Networks under , who became its new CEO in mid-November....
Covad banking on hosted VoIP
Hosted VoIP services represent Covad's growth engine of the future, President and CEO Charlie Hoffman says, and the broadband wholesaler has laid the groundwork for that engine to start moving forward (Photo by Robert Houser)...
SureWest looks inside for new CEO
SureWest Communications today announced that Steve Oldham, a member of its Board of Directors has been named as the company’s new president and CEO....
Thomson acquires Thales unit
Thomson announced an agreement to acquire the Broadcast & Multimedia unit of Thales in a move that positions the vendor to play a more significant role in the emerging IPTV and mobile video worlds...
EarthLink buys New Edge Networks
EarthLink today announced that it is acquiring New Edge Networks, the Vancouver, Wash., based CLEC known for its small to mid-sized enterprise data services...
Verizon to shed directory unit
Verizon said Sunday it is exploring divestiture of its directory publishing unit, Verizon Information Services, in order to sharpen its focus on its network-based businesses in the broadband, wireless and enterprise markets. ...
Sycamore revenue surges
Sycamore Networks reported 92% more quarterly revenue today than it did a year ago. ...
UBS raises U.S. carrier capex estimates for 2006
American carriers will spend slightly more than previously anticipated next year, according to a research note issued this morning from UBS Investment, which upped its 2006 U.S. carrier capex prediction 3%, from $49.9 billion to $51.4 billion....
'New' AT&T launches marketing blitz
For its first full day of business, the “new” AT&T unveiled an updated logo, as it seeks to establish a new brand with an old name...
Cisco buys SA for $6.9 billion
Cisco Systems’ $6.9 billion acquisition of Scientific-Atlanta positions that company to be an end-to-end provider of IP video to cable and telephone companies globally, Cisco Chairman and CEO John Chambers said today. ...
Cbeyond posts first profits
In its first-ever earnings call, Cbeyond was able to report its first positive operating profit and net profit, as well as record customer growth...
North America drives high DSL shipments
Shipments of DSL equipment in the third quarter maintained the high volume seen in the second quarter, according to data released today from BroadbandTrends.com. ...
Question remains whether telcos will surpass cable
Analysts disagree on which group will win high-speed access race...
XO spins off CLEC business
After months spent pondering its future, XO Communications took the unusual step of breaking itself apart, spinning the existing competitive carrier business off...
XO loss up slightly
XO Communications today reported a slightly higher loss on lower revenues, compared with the second quarter of this year, but posted much lower losses compared with the year-previous quarter...
Global Crossing earnings follow promised pattern
Global Crossing today reported slightly lower losses on significantly less revenue as the company continued its shift toward global wholesale and enterprise markets on its IP network. ...
Level 3 scaling up with WilTel buy
In a move that caught many by surprise, Level 3 Communications today announced that it will acquire WilTel Communications Group from Leucadia National for 115 million shares of Level 3 common stock and $370 million cash, or about $380.5 million...
Verizon rides wireless, broadband
Riding strong results from Verizon Wireless and a record quarter in broadband, Verizon today posted a 4% increase in third-quarter profits...
