News

TeleGeography: 16 new submarine cables on tap

Research firm TeleGeography, which closely follows the worldwide submarine cable market, said that economic turmoil has not had much of a negative impact on a multitude of ongoing projects to

Iowa Telecom posts $4.5M profit for Q1

Iowa Telecom reported first-quarter earnings results Thursday, posting net income of $4.5 million on revenues of $61.3 million. The company also announced that it received regulatory approval of its

EU telecom reform progresses; France Telecom confirms outlook

A European Union body made progress this week on a long-debated telecom reform plan, while Euro telco France Telecom reported earnings that may bolster the regional sector. The next step for the

TeliaSonera taps Infinera for U.S. network

There has been a spate of business activity by international carriers on U.S. soil in recent years, and now Sweden's TeliaSonera is seeing enough traffic on its own Viking IP backbone in the U.S.

CenturyTel profit lower, Embarq deal to close soon

Monroe, La.-based CenturyTel, the independent rural telco that is in the process of buying fellow indie Embarq, posted first-quarter earnings of $67.2 million, down almost $22 million from the same

Comcast sub growth slows, but Q1 strong

For the second day in a row, the cable TV industry is effectively disputing the notion that it has suffered under the weight of a troubled economy and increasing competition from telcos. Yesterday,

TWC subscriber gains looking strong

Time Warner Cable posted first-quarter earnings that weren't great on a purely financial level, but the company did report gains in digital cable TV, telephony and broadband customers that belied

Swine flu: Time to telework?

Not to add to the rapidly growing swine flu panic, but maybe it is time to discuss how teleworking/telecommuting strategies can be implemented or expanded to help keep companies running at full

ATCA aimed at data centers

Proponents of the Advanced Telecom Computing Architecture standard are developing extensions of the standard with the goal of applying them to the data center environment. ATCA has been increasingly

Qwest profit surges 37 percent

Despite a 6.6 percent decline in revenue mostly driven by accelerated landline losses, Qwest Communication posted a first-quarter net income jump of about 37 percent to $206 million. The overall

Nortel gets bankruptcy extension, reportedly nears asset sales

Nortel Networks has received the three-month extension for its bankruptcy protection period it sought from the Ontario Superior Court. The Ottawa Citizen also reports that the company is getting

Nacchio's review bid gains support

The U.S. Chamber of Commerce, the National Association of Criminal Defense Lawyers and the Washington Legal Foundation are among the groups that have voiced support for former Qwest Communications

Cablevision set for 101 Mbps launch

Cablevision System is pushing the broadband speed envelope with a 101 Mbps download/15 Mbps upload DOCSIS 3.0 ultra-wideband service that will cost $99.95 per month when it premieres in May in

IBM to resell Brocade's Foundry gear

IBM and Brocade Communications announced that the former will begin re-selling the latter's switch and router products, targeting them at cloud networking and data center opportunities. The products

Level 3 back to earth with net loss, revenue drop

One quarter after recording its first quarterly profit in six years, Level 3 Communications was back in the red for the first quarter of 2009, posting a net loss of $132 million on $980 million in

Tellabs reports 22 percent revenue slide

While network operators have reported fairly solid results for the first quarter thus far, their vendors are feeling the effects of lower capital spending, but perhaps not as much as some analysts

Oclaro debuts after Bookham-Avanex merger

Optical components companies Bookham and Avanex announced the completion of their merger, which was announced about three months ago, and changed the name of the newly-combined company to Oclaro. The

Targeted ads take another step back

As telcos and other broadband service providers become more communicative about how targeted advertising works and what consumers might have to gain from it, the telecom industry should be starting

TeliaSonera revises 2009 forecast

While U.S. telco giants Verizon Communications and AT&T are coming out of first-quarter earnings looking fairly robust, a couple of European telcos are busily revising their financial forecasts

Nortel aims to extend bankruptcy protection to July 30

Nortel Networks, which filed for bankruptcy protection in January and had been planning to exit its protection period on May 1 with a new business plan, has filed a document with the Superior Court