CLEC revenues shrinking
The CLEC industry will shrink at an average of 4.4% a year over the next five years, according to a new study from Atlantic-ACM....
MCI to review Qwest's revised bid
MCI said it will review Qwest's revised bid to acquire MCI, and will engage in further discussions with Qwest about a possible deal, all with the blessing of Verizon Communications, the company with which MCI already has agreed to merge....
Arroyo racks up $12 million, names new CEO
Video-on-demand vendor Arroyo Video Solutions announced today that it has completed a series B funding round totaling $12 million. ...
NextWave bankruptcy plan approved
NextWave Telecom announced Tuesday that its reorganization plan has received the approval of a U.S. bankruptcy court, paving the way for the company to finally launch its broadband wireless network. ...
RHK: Fujitsu dominates metro ROADM market
Fujitsu Network Communications commanded more than 80% of the metro reconfigurable optical add/drop multiplexer (ROADM) market in North America and about 75% of the global metro ROADM market in 2004, according to research analysis firm RHK....
Alcatel buys Native Networks
Alcatel has agreed to acquire Ethernet equipment vendor Native Networks for $55 million in cash, the company announced today....
Infonetics: Metro WDM 'on fire'
"Metro WDM optical equipment is on fire," Infonetics Research analyst Michael Howard declared upon the release of new data today charting equipment revenue in the sector....
Meriton targets major carriers with new CEO
Equipment vendor Meriton Networks named Michael Pascoe its new chief executive officer today amid a new focus on tier 1 carriers....
Sonim appoints new CEO
Mobile voice-over-IP developer Sonim Technologies today promoted Chief Financial Officer and Executive Vice President Bob Plaschke to CEO. Plaschke replaces former president and CEO John Burns. ...
Cingular to restate earnings
Cingular is restating its earnings from 2000 all the way up to the third quarter of 2004, correcting an accounting error in the way it records operating releases--an issue on which the SEC has come down across multiple industries. ...
IPWireless to focus on chips
IPWireless is dumping its infrastructure business in favor of becoming a core technology vendor...
Level 3 pushes debt to 2008
Investors nervous about the burn and flow of cash within Level 3 Communications breathed a small sigh of relief last week...
WLAN equipment revenues, shipments rise in 2004
Global wireless LAN equipment revenue hit $2.8 billion in 2004, a 15% increase from 2003, according to new data issued this week by Infonetics Research...
Institutions invest $3.2 billion more in equipment sector
Institutional investors increased their positions in the telecom equipment sector by about $3.2 billion in the fourth quarter, according to Susquehanna Financial Group analyst Joe Chiasson...
Qwest submits second bid for MCI
As promised, Qwest Communications submitted a modified bid for MCI in an attempt to steal the interexchange carrier away from the merger with Verizon Communications that MCI’s board has already approved...
ArrayComm CEO jumps to WiMAX chipmaker
ArrayComm CEO Sam Endy has thrown his lot with a small wireless chipset manufacturer, announcing yesterday he had left the broadband wireless heavyweight to take the chief executive job with Telecis Wireless...
DSL creeping up on cable
Cable companies continue to add broadband customers faster than their telephone company counterparts, but the lead is narrowing, according to a new report from Infonetics Research...
SBC, AT&T file deal proposal with FCC
SBC and AT&T made a joint filing to the Federal Communications Commission this week detailing the plans for SBC?s acquisition of AT&T. ...
Ciena sees new life in core networks
A rare, unexpected surge in sales of its core transport equipment helped Ciena post higher than expected revenue for its fiscal first quarter 2005, providing a shot in the arm to what has long been a stagnant sector....
Sycamore cuts loss, bides time
Sycamore Networks refused to elaborate on its ongoing search for “strategic alternatives” in a harsh optical equipment market while reporting a smaller net loss and increased revenue for its second fiscal quarter of 2005...
Ericsson closes Swedish plant, announces layoffs
Wireless equipment manufacturer Ericsson said Monday it plans to close a production and design facility in Nynaeshamn, Sweden, resulting in the layoff of 393 workers...
New data users push US LEC 2004 revenue up 15%
US LEC, a competitive carrier based in Charlotte, N.C., and serving the business community through 15 states, provided its fourth quarter and year-end earnings this week and boasted a $45 million increase from 2003....
Qwest to bid anew for MCI
Though MCI's board of directors voted Sunday to accept a $6.75 billion acquisition offer from Verizon Communications, Qwest Communications will submit a new bid for the interexchange carrier...
Juniper continues core router market gains
In a quarter that was sequentially flat for the IP services transport equipment market (and down in North America), Juniper Networks increased its revenue from IP core routers 36% sequentially, according to research analysis firm RHK...
CompTel: Wholesalers target VoIP market
The surge in voice-over-IP services is not only a boon for cost-conscious consumers and businesses but also a significant opportunity for wholesalers, who are lining up to provide VoIP infrastructure. ...
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