SK Telecom props up Helio
SK Telecom will plow up to $270 million into Helio to keep the company operating, according to EarthLink, SK’s partner in the MVNO joint venture...
AlcaLu acquires IPTV applications specialist
Alcatel-Lucent today announced it has acquired British software and applications provider Tamblin to enable users to access content, brands and entertainment over its IPTV platform...
Windstream CEO: RLEC M&A on hold ‘til ‘08
Though further consolidation is needed in the rural telecom carrier space, it will probably have to wait until next year, when the credit environment improves, according to Jeff Gardner, CEO of Windstream, a large, rural telco...
T-Mobile acquires SunCom Wireless
T-Mobile today joined the acquisition fray, announcing it has agreed to acquire regional GSM provider SunCom Wireless for $2.4 billion...
Nokia acquires mobile advertising company Enpocket
Nokia today announced it has acquired Enpocket, the Boston-based mobile advertising company, for an undisclosed sum, marking its entrance into the still-nascent mobile ad space...
Updated: Paetec acquires McLeodUSA
Still integrating its acquisition of US LEC, Paetec has agreed to acquire another fellow CLEC, McLeodUSA, for $557 million in stock, it announced this morning...
Leap rejects MetroPCS offer with a few parting shots
Leap Wireless has turned down MetroPCS’ merger proposal, saying the operator is offering too little, but the Leap board hinted it was definitely interested in the deal of MetroPCS if the company would reach a little further into its pocketbook...
Kickback allegations oust U.S. Signal execs
Regional CLEC U.S. Signal has undergone an abrupt change in management, as three of its key officials are being investigated for allegedly stealing millions of dollars in the form of kickbacks on overpriced construction projects, according to the Grand Rapids Press...
Alcatel-Lucent flattened by wireless spending cuts
Alcatel-Lucent today lowered its revenue expectations for the year based on discussions with North American wireless carriers...
Amedia Networks evicted
With only a handful of employees left, equipment vendor Amedia Networks has been evicted from its Eatontown, New Jersey, offices for failing to pay its rent...
Former Qwest exec joins private equity firm
Barry Allen, retired executive vice president of operations for Qwest Communications, announced today he has been named a senior advisor to Providence Equity Partners...
UBS: Tellabs’ merger prospects cool
Despite recent reports of merger discussions, Tellabs is unlikely to be acquired by another telecom equipment vendor any time soon, according to UBS Investment Research...
Apple sells 1M iPhones
Apple’s price slashing of the iPhone last week sent sales of the smartphone over the 1 million-unit mark on Sunday, allowing Apple to claim a highly successful launch for its first wireless product...
Optical equipment startup raises $45M
Matisse Networks has closed a $45 million funding round, bringing the optical networking equipment startup’s total funding to $80 million...
Optical sector OK as wireline spending stalls
Compared with last year, spending by North American wireline carriers was down more than 5% in the second quarter and down nearly 7% in the first half of this year, according to Ovum-RHK...
Revenue leakage: Are carriers raising white flag?
A survey conducted by Analysys Research and commissioned by revenue assurance provider Subex Azure revealed last week that fraud has contributed to a global increase in lost revenue for carriers...
Adderton vows return
Peter Adderton isn't done with the mobile industry not just yet. The founder of Amp'd Mobile and Boost Mobile is aiming to take up where he left off...
Moto cell phone chief promises improvements
Motorola’s new head of the handset business Stu Reed today said that Motorola will be making significant changes in its terminals business in an effort to regain lost market share, streamline production and return to profitability...
Sycamore reports a loss as CFO departs
Sycamore Networks today reported a loss for its 2007 fiscal year despite tremendous revenue growth. The optical switch vendor also announced the resignation of its chief financial officer, Richard Gaynor...
Ixia appoints ex-Nortel exec
Ixia, a provider of IP performance test systems, announced the appointment today of ex-Nortel vice president Atul Bhatnagar to the newly created position of president and chief operating officer...
iPhone leads U.S. smart phone sales for July
Apple’s iPhone outsold all “smart” phones in the United States during July -- its first month of sales -- and equaled the sales of the most popular feature phone, LG’s Chocolate, according to research from iSuppli...
MetroPCS makes bid for Leap
MetroPCS today said it is proposing a merger with Leap Wireless, forming what it claims will be the fifth nationwide cellular operator...
Nokia, Samsung gain handset share from Motorola
The second quarter saw a definite shift in handset sales as phone makers continued to gain ground at rival No. 2 manufacturer Motorola’s expense, according to research from Gartner...
Xfone acquires Texas carrier
Competitive carrier Xfone has agreed to acquire West Texas carrier NTS Communications for $42 million...
Perimeter joins USA.NET
Perimeter Security, a software-as-a-service company that provides managed security to businesses and operates as a wholesaler to service providers, announced today it has merged with USA.NET, a provider of secure e-messaging...
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