Adtran blames flat third quarter on two customers
Adtran blamed sequentially flat third-quarter revenue on two major carrier customers that significantly cut spending in the quarter...
AT&T 3G delays weigh on Ericsson
Ericsson today warned that its third-quarter sales and operating profit would be lower than expected due to lessened spending on infrastructure and software, a shortfall analysts pinned directly on AT&T’s slow deployment of its UMTS network...
Nortel settles SEC fraud case for $35M
The same day that the U.S. Securities and Exchange Commission filed a lawsuit alleging accounting fraud at Nortel Networks, the equipment vendor agreed to settle the case for $35 million, the SEC said today...
Eagle Broadband sheds IPTV STB business
Nighthawk Systems today announced that it has purchased the IPTV set-top box business assets of Eagle Broadband for $4.75 million...
Motricity buys InfoSpace mobile unit
InfoSpace today said it is selling its mobile services unit to Motricity for $135 million in cash, making a leaner Web services company focusing on online search...
Infinera to raise more funds
Infinera is looking to raise more than $100 million in a new public offering of stock, the company announced late last week...
Samsung sees record handset news
Samsung shipped a record 42.6 million handsets in the third quarter, scoring significant gains in the U.S. and Europe...
Paetec acquires SMB PBX vendor Allworx
Competitive service provider Paetec continued its acquisition spree today with its announcement that it will acquire New York-based Allworx, a move that will strengthen Paetec’s position in the small and medium-sized business (SMB) market...
Oracle offers BEA $6.7 billion
Oracle revealed today that it made an offer to BEA Systems on Tuesday, proposing to buy the company for approximately $6.7 billion...
AT&T: Sigman retires, de la Vega takes over wireless
AT&T today said that Stan Sigman, CEO of AT&T Mobility, is retiring effective immediately...
Sony Ericsson’s revenue, volumes slip
Despite an improvement in margins, mobile phone maker Sony Ericsson reported a decline in third-quarter revenue and volumes, based in large part on its decision to sell cheaper handset models at lower than average prices...
AT&T loads up on 700 MHz with Aloha purchase
AT&T said today it has agreed to acquire Aloha Partners and its valuable portfolio for 700 MHz licenses for $2.5 billion in cash...
Sprint CEO Forsee resigns
Sprint chairman and CEO Gary Forsee stepped down today amid growing shareholder pressure over Sprint’s poor financial and operational results and media reports that the company was already in search of a replacement CEO...
Global IPTV base exceeds 8 million
The number of global IPTV subscribers at the end of the second quarter was up 179% from a year earlier, with over 8 million people now using IPTV services, according to an announcement today by the DSL Forum at the European Broadband World Forum in Berlin...
Advertiser claims Verizon inflated FiOS numbers
Less than two weeks after Verizon Communications celebrated its two-year anniversary of FiOS TV, an advertiser is accusing the carrier of fudging subscriber data for the fiber-based service...
New Siemens CEO slams Nokia joint venture
Six months after the company launched a joint venture with Nokia, Siemens’ new Chief Executive Officer Peter Loescher said he is dissatisfied with the results...
FTTH Con: U.S. FTTH connections top 2 million
ORLANDO--Fiber-to-the-home connections in the U.S. have more than doubled from a year ago to surpass the 2 million mark, according to data released today from Render Vanderslice and Associates...
New quarter, new CEOs
MobiTV, Acision and Handmark all kicked off the beginning of the fourth quarter on Monday with new CEOs...
Nokia to buy Navteq for $8.1B
Nokia is cementing its position in the mapping/location-based services space, announcing today an agreement to buy GPS-mapmaker Navteq for $8.1 billion in a cash-for-stock deal...
Analyst: Cisco eyeballing Navini
Is Cisco Systems aiming to become the next big WiMAX vendor? Technology analyst firm Think Equity believes so, and it’s betting Cisco will make its WiMAX move through the acquisition of Navini...
Leap Wireless, MetroPCS spar over merger
Both companies say they'd make for an ideal marriage, but they're hashing out a very public pre-nup...
Alcatel-Lucent leaders draw fire
The big vendor's management team is suspected of scapegoating...
Competitors: Can video cash replace USF cow?
Qwest executive vice president Dan Yost, Comcast senior vice president Gary Traver and Janco Partners director of research Donna Jaegers gave the outsiders' look to rural telcos recently at CoBank's Communications Industry Executive Forum...
Paetec emerges among CLECs
With its acquisition of McLeod, the company is putting Qwest on notice...
Embarq: Year Two
Heading into its second year as a standalone company, the former Sprint operation is building a business on fixed/mobile convergence. But with revenue and access lines still declining, can it reinvent itself fast enough?...
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