Finance News
ONT vendor TXP suspends operations
TXP, the vendor of optical network terminals (ONT) – the customer premises equipment in fiber-to-the-premises networks – suspended all operations last month and laid off nearly all its employees...
What’s your telecom business worth?
Owners of Independent telecom companies should have their businesses valued by a company that specializes in that task five years before they want to sell it. That was the advice of Allen Oppenheimer, president of business brokerage A.M. Oppenheimer, addressing attendees of a VIP lunch at the Insights conference presented by Telephony Magazine at NXTcomm on Monday...
XO investors, fearing bankruptcy, call for Icahn’s ouster
As famed investor Carl Icahn does battle with Yahoo this week in an attempt to usher a merger with Microsoft, tensions are also mounting between Icahn and shareholders of XO Holdings, who fear his treatment of that company’s debt could drive it to bankruptcy....
Verizon-Alltel deal seen as positive
Verizon Wireless’ proposed acquisition of Alltel is good news for both sides, industry analysts say, but not necessarily for equipment vendors supplying the CDMA gear that both use...
BT plans global carbon reduction push
BT today announced plans to reduce its global carbon emissions by 80% over the next 12 years at a pace of about 10% a year...
Zayo closes seventh acquisition, eighth to follow
Zayo Group has closed its seventh acquisition and is working on eight, the regional network provider announced today...
Healthcare a $55B bet for telecom
The US health care industry, including hospitals, doctors, insurance companies and pharmaceutical companies, represent a $55 billion opportunity for telecom service providers over the next five years, according to a new report from Insights Research...
Why Sorrento is acquiring RBN
Newly reincarnated optical equipment vendor Sorrento Networks is bulking up its product portfolio and customer base by acquiring Australian-born optical vendor Redfern Broadband Networks (a.k.a. RBN) for an undisclosed sum...
ComScore buys M:Metrics
Digital media measurer ComScore has purchased M:Metrics for $44.3 million, adding the Seattle-based mobile trend tracking capabilities to its extensive online portfolio...
What went wrong at Akimbo
After winning investment from AT&T and Cisco Systems, Akimbo Systems closed its doors this weekend...
Level 3 comes back with a vengeance
Level 3 Communications is demonstrating an increased aggression in the wholesale space, including stepped-up price pressure in some cases, according to multiple sources, as that carrier looks to rebound after provisioning problems put a chokehold on its sales last year...
MU brings “Dynamics” to service assurance
MU Security today announced a major change in its corporate strategy, as well as a new name – MU Dynamics -- to reflect the broader role the company wants to play in helping service providers prevent network downtime. ...
Cable regains high-speed Internet momentum
Through 2006, Information Gatekeepers Inc. had predicted in its quarterly high-speed access reports that telcos were positioned to overtake cable's early lead in broadband deployment. That prediction changed in 2007...
Embarq next to exit MVNO biz
New Sprint CEO Dan Hesse’s former company, Embarq, is the latest to abandon its reseller deal with Sprint...
More disturbing numbers for telcos
Two separate sources this week are offering up more analysis showing the telcos are falling behind the cable companies in the broadband and video battle...
Cogent revamps sales as productivity sags
Cogent Communications is making sweeping changes in its sales force to reduce churn and boost productivity following the lowest quarterly sales productivity numbers in the company’s history....
Was Google Clearwire investment a 'steal'?
We know what Sprint/Clearwire needed: cash to fund a new, massive greenfield WiMAX network. But what did Google, one of the surprise investors in yesterday’s deal, get for its $500 million investment? And was it something that the service providers in the equation should have been so willing to "sell off"?...
Mobile handset market unaffected by economic slowdown
Despite a widely reported economic slowdown, the global mobile handset market was largely unaffected in the first quarter of 2008. According to iSuppli, shipments rose by a double-digit percentage compared to the same period in 2007...
Clearwire-Sprint WiMAX deal reborn
The deal that was lost has now been found. Sprint and Clearwire have resurrected their WiMAX joint venture, this time with the added bonus of a $3.2 billion investment from Google, Intel and three cable companies...
HD, DVR take-up drive DirecTV growth
DirecTV, the largest direct-broadcast satellite television provider and the third-largest pay-television provider in the United States, today reported a 10.4% increase in earnings due largely to an uptake in digital video recording (DVR) and high-definition (HD) services...
Why Cisco’s U.S. service provider business is down
Cisco Systems reported a decline in orders among U.S. service providers in the quarter ending in April but insisted it was a temporary phenomenon...
By the numbers
The telecom industry is changing and evolving so rapidly these days, it's sometimes hard to keep up. It's also difficult to separate hype from reality and real trends from blind alleys. For that reason, we thought we'd take a look at a (large) handful of key industry numbers, figures and metrics hard data or at least very strong, educated guesses to create a snapshot of where the industry is today, and where it's heading...
Wireline erosion muddies AT&T, Verizon picture
Both AT&T and Verizon met Wall Street expectations with their first-quarter earnings, and neither reported any distressing impact of a slowing economy...
Alcatel-Lucent: As CDMA declines, W-CDMA steps up
Alcatel-Lucent doubled its sales in Wideband CDMA in the first quarter as the synergies of Alcatel and Lucent Technologies' merged UMTS portfolios begin to emerge, company officials said today...
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