Alcatel buys call center firm in Brazil
Vendor giant Alcatel announced Wednesday that it has acquired GMK, a provider of contact center voice self-service solutions in Brazil, helping the company expand further into Latin America markets...
Siemens Communications names new CEO
Berndt Baumgartl has been named the new president and CEO of Siemens Communications' U.S. affiliate, replacing Andy Mattes, who is leaving the company for a position elsewhere....
Oracle likely to close Siebel deal soon
Oracle said today it would likely close on its $5.85 billion acquisition of Seibel Systems by the end of January as Siebel conducts its stockholder meeting...
Shareholders approve Tropic oil merger
Shareholders of Tropic Networks, Chamaelo Exploration and Tournament Energy have approved a three-way merger that would combine the two Canadian energy firms and give the optical networking vendor enough cash to fund operations for nine more months...
Black Box shops for acquisitions
Black Box Corporation, a supplier of enterprise network infrastructure and services based in Lawrence, Penn., has been as busy as any other shopper this holiday season, with no less than three acquisitions announced already this month. ...
Optimism growing for Tellabs GPON
After a seemingly late start, optimism appears to be growing around Tellabs’ chances of being named a supplier of gigabit passive optical networking products to the Bell companies next year. ...
S&P goes negative on U.S. telecom
Standard & Poor said it expects the U.S. wireline market to continue slowing over the next year as consumers continue to opt for wireless and voice-over-IP services as replacements. ...
Vendor acquires router maker Tasman Networks
Nortel Networks has agreed to acquire enterprise router vendor Tasman Networks for $99.5 million in cash. Photo: Photographers/Source:MIKE CASSESE/Reuters /Landov...
NEC considering handset JV
NEC may follow the route of its fellow Japanese electronics maker Sony in terms of its mobile phone business, teaming up with an international partner to revamp its ailing handset lines, NEC officials said today....
Mergers move ahead
Verizon and MCI cleared the last potential state-level hurdle to their financial union last week as Washington's Utilities and Transportation Commission gave its approval to the merger. Level 3 also finalized its acquisition of WilTel....
BSG readies convergent clearing strategy for 2006
With the acquisition this month of the U.K.’s United Clearing Plc, Billing Services Group put one last touch on a busy year of strategic transformation before launching its new identity next month. ...
Telefonica buys last 8% of Mexico unit
Spain's Telefónica Móviles has reached an agreement to acquire the remaining 8% stake of Telefónica Móviles México that it doesn't already own, the Spansh company announced this week....
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....
Palm rides Treo's success
Palm is on track to nearly double sales of its Treo smartphone this fiscal year as the PDA vendor continues to add new carrier deals to its books and expand the platform internationally. Those Treo sales drove up revenues 18% in its second fiscal quarter, which ended Dec. 2, and gave Palm a 38% share of what it called the converged devices segment in the U.S....
IBM to acquire Micromuse for $865 million
IBM said today it will acquire leading enterprise and telecom network management company Micromuse in an all-cash transaction. (Photo: Andrew Harrer/Bloomberg News /Landov)...
Sprint, Nextel Partners settle on purchase price
Nextel Partners and Sprint have finally agreed on a price to bring Nextel’s secondary market subsidiary completely into the Sprint fold...
Intel invests in Wi-Fi positioning firm
Intel is investing in Wi-Fi positioning system provider Skyhook wireless, joining the fledgling company's first $6.5 million funding round. ...
Nacchio charged with insider trading
Joseph Nacchio, the former Chief Executive Officer of Qwest Communications, was indicted today on 42 counts of insider trading, according to news reports....
Citigroup on Sycamore: Sell
In a research note this morning, Citigroup analyst Alex Henderson recommended clients sell their shares of optical equipment vendor Sycamore Networks, despite the fact that the company recently reported two consecutive quarters of profit amid a surge in revenue. ...
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)...
No saturation ahead for wireless: Insight Research
According to a new report from Insight Research, global wireless revenue will capture another 10% of all communications revenue by 2010...
McLeod vows to exit Chapter 11 in January
McLeodUSA gained approval of its reorganization plan Thursday from a federal bankruptcy court and plans to emerge from Chapter 11 protection in January 2006...
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....
Spirent sells network products group
Spirent has agreed to sell its HellermannTyton network products division, which makes wire-fastening components for telecom networks, to funds controlled by Doughty Hanson & Co. Limited for about $511 million...
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