News

AT&T may get Supreme Court win, pension plan relief

Times are tight, but AT&T may get some unexpected relief on its pension liabilities from a favorable ruling in the U.S. Supreme Court. On Wednesday, the court was leaning toward AT&T in its

Verizon Philly FiOS deal by end of year derailed

Verizon's push to have a FiOS franchise in Philadelphia by the end of 2008 has been bogged down in city committee meetings and a play by a minority-owned cable company to get into the action. Wilco

SPOTLIGHT: Nortel gets NYSE delisting notice

When it rains, it pours. The day after a Wall Street Journal piece mentioned a potential bankruptcy filing, Nortel announced it received a delisting warning from the New York Stock Exchange. Nortel's

Comcast rolls out DOCSIS 3.0 to three more cities

Cable provider Comcast has rolled out DOCSIS 3.0 and 50 Mbps "wideband" speeds to the cities of Baltimore, Chicago, and North Fulton County, part of Atlanta's suburbs; the rest of Atlanta will be

SP router market slipping, shifting

Fans of our recent service provider edge router coverage (and I use the term "fans" lightly) probably have noticed our failure to comment on a bevy of router market research hitting the wires this

Cable cut disrupts Embarq service in Nevada

Construction workers laying a new sewer line in Las Vegas accidentally cut fiber and copper cables owned by Embarq, triggering a network outage Wednesday morning that affected at least 60,000

Ciena Q4 hurt by economic trends

Optical and carrier Ethernet vendor Ciena reported fiscal fourth quarter earnings that showed a 17 percent year-over-year revenue decline to $179.7 million. That was apparently worse than many

BCE deal blows up

"BCE has hoisted itself on its own petard.'' So quoth an unnamed executive in The Wall Street Journal today, referring to the BCE takeover. The deal officially has come undone due to BCE's inability

WSJ: Nortel eyeing possible bankruptcy

The Wall Street Journal reports today that Nortel Networks, in the midst of restructuring, "has sought legal counsel to explore bankruptcy-court protection from creditors in the event that its

BCE buyout balances on the brink

The pending buyout of Bell Canada Enterprises by the Ontario Teachers' Pension Plan and its U.S. private equity partners is coming down to the wire, with many observers still expecting the deal to

Telco marketing efforts hit the streets

After cable TV company chiefs speaking at the UBS Global Media and Communications Conference on Monday expressed some cautious optimism about their market position, telcos chiefs yesterday took the

Swisscom set for fiber boost

Swisscom has become the latest European carrier to commit to a massive fiber upgrade project, saying it will spend about $2.3 billion to replace some existing copper with fiber. The company already

House report slaps FCC's Martin

Remember when Congress launched a review of Federal Communications Commission processes following FCC Chairman Kevin Martin's handling of cable TV industry regulation? It has been about a year since

AT&T carrier Ethernet footprint extended across Asia, Europe

AT&T has gone global with its carrier Ethernet offering, adding Germany, the UK, Belgium, France, the Netherlands, Sweden, Ireland, Italy, Spain, Switzerland, Hong Kong, Australia, Singapore and

Level 3 announces job cuts, update to tender offer

Level 3 joins AT&T in announcing job cuts, but isn't laying the blame on landline losses. It also announced an update to its tender offer for its outstanding notes in 2009 and 2010. The

Verizon defends honor in Wilmington FiOS talks

Wilmington's home town newspaper and Verizon have squared off on Verizon's FiOS negotiation tactics. A December 1 editorial in the News Journal accused Verizon of either wanting to "crash the deal or

Cable companies paint their future in a down economy

At a Wall Street investor's conference Monday, Time Warner Cable and Comcast were painting a relatively upbeat picture, but fessed up that they might end up with declining revenues in certain areas.

Mumbai: Follow the phone calls

Scrap the old cliché of "Follow the money." It's pulling the strings on phone calls that have lead Indian investigators to point at Pakistan-based support of the Mumbai terrorist attack.

SPOTLIGHT: Obama's transition and Level 3's Gips

Level 3 Vice President Don Gips is currently on leave from the Colorado-based carrier, overseeing an agency-by-agency review of the federal government as a part of President-elect Barak Obama's

Verizon vs. AT&T: No siblings, no rivalry

Are Verizon Communications and AT&T rivals? Much was made of Verizon's move to build-out its FiOS network in a portion of AT&T's Dallas area market earlier this year. That decision made some