Next Level's next step: ADSL
Next Level Communications, a company synonymous with VDSL and video transport, is changing its image. During last night’s first quarter earnings report,...
Nokia’s stock falls on revised sales forecast
Nokia’s stock price took a hit after the company announced that its profit and sales fell during the first quarter and that its sales growth for the rest...
What economic slump? C-Cor continues to rack up success
Cable industry equipment vendor C-Cor.net, seemingly oblivious to the telecommunications industry slump, continued to food numbers for third quarter of...
Tellabs meets street, but cuts 1200 jobs
Tellabs reported earnings today in line with analyst expectations, but announced that it plans to cut 1200 jobs to match lower-than-expected demand from...
MetaSwitch deploys Class 5 switch
Next-generation switch provider MetaSwitch has announced the successful deployment of its VP 3000 Class 5 switch in the operations center of Newark, N.J.-based...
Motorola seeks profitibility by Q3
Despite reporting a loss of $175 million during the first quarter, Motorola remains confident it will reach profitability by the third quarter. During...
Nextel beats estimates
Nextel Communications added 502,000 new customers in the first quarter, beating Wall Street’s estimates that ranged from 475,000 to 500,000 customers....
Verizon receives Section 271 approval for Vermont
The FCC today unanimously approved Verizon Communications' application to provide in-region long-distance service in Vermont under Section 271 of the...
FCC report: Qwest is No. 1 for customer service
Qwest Communications today announced that the FCC's Automated Reporting Management Information System report for 2001 indicates that Qwest's overall customer...
TDS income plunges, operating revenue up
Telephone and Data Systems today reported first-quarter net income of $13.6 million, or 23 cents a share, down from $28.2 million, or 47 cents a share,...
Sprint FON first-quarter net income declines 9 percent
But carrier is encouraged by results in tough economic climate...
Motorola, Siemens to jointly develop UMTS platform and handsets
Motorola and Siemens today said they would collaborate on development of Siemens’ universal mobile telecommunications system handsets using Motorola’s...
WorldCom offers local/long-distance bundle
In a move that counters the entry of RBOCs into long-distance, WorldCom today introduced a bundled local/long-distance calling plan for the consumer market....
Syndeo rakes in $75 million
If it’s true that only your friends will lend you money, Syndeo has some good buddies in the cable industry. The Class 5 voice-over-IP softswitch/call...
Wireless wonders: NextWeb acquires Innetix; 2xWireless launches T1 service
More commercial customers will have access to high-speed data via fixed wireless networks as a result of two service provider movements. In the San Francisco...
Corning president retires
Corning said John Loose will retire as its president and chief executive. This development coincides with the company's announcement that it will report...
AT&T Wireless issues $3 billion bond offering
AT&T Wireless expects to close April 16 on a $3 billion bond sale consisting of $250 million in 6.875% three-year notes, $750 million in 7.5% five-year...
The price is wrong: Irrational pricing and emerging service providers
The key to success on Bob Barker’s long-running daytime game show is being the best at guessing the price of sundries typically found in your kitchen...
700 MHz auction rolls on
The FCC denied the Cellular Telecommunications and Internet Association’s plea to postpone the 700 MHz auction slated for June 19, saying CTIA failed...
Report: Lucent to cut 5000 jobs
Company refuses to comment on ‘speculation,’ but analysts believe cuts are coming...
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