News

2009 Year in review: Runners up

Although I think we picked a solid list for our 2009 year in review series, there are a few others I felt I could not overlook in the process: France Telecom's suicides: While it may seem like a

2009 Year in review: Obama unveils the Broadband Stimulus plan

Arguing that broadband access should be a fundamental right for all Americans, a tenet of the Obama administration's ARRA (American Recovery and Reinvestment Act) set aside $7.2 billion in funds to

2009 Year in review: NSN struggles for consistency

Nokia Siemens Networks' (NSN) struggles in 2009 seem to be related to a series of misses the company has had this year in attempting to realign its leadership, M&A strategy and reorganization.

2009 Year in review: FairPoint files for bankruptcy protection

FairPoint's troubles with the acquisition of Verizon's New England-region phone lines began not long after they flipped the switch from Verizon to take over the systems and they failed to transfer

2009 Year in review: Tier 2 telco consolidation finally begins

Consolidation of the tier 2 ILEC market, while inevitable, is really not one story, but rather a series of stories. At the center of these stories are the three main tier 2 service providers:

2009 Year in review: Nortel sells out

Nortel's presence as a major force in the telecom industry will soon be no more than a fading memory as the company continues to wrap up a bargain basement sale of its key assets. The company's road

2009 Year in review: Telecom trials and tribulations

Even after conducting various top five and top ten lists for other publications, including other topics right here at FierceTelecom, it's never easy to synthesize a top five list of the best stories

Schmidt to lead Obama's cybersecurity drive

With the appointment of former Bush administration and eBay staffer Howard Schmidt to cybersecurity coordinator, President Obama has finally reached his goal of "personally selecting" a cybersecurity

GENBAND makes "stalking horse" bid for Nortel's CVAS division

GENBAND is the first to step out of the speculation mill and launch a "stalking horse" bid for Nortel's Carrier VoIP and Application Solutions (CVAS) business. Working in conjunction with its

Comcast's DOCSIS 3.0 march continues in Northern California

Comcast is giving another 27 Northern California communities a DOCSIS 3.0 holiday gift. This latest deployment in California, which will be available to area businesses and residents beginning today,

Russia's Rostelecom profits drop over 72 percent

A disposal gain and rising costs contributed to Russian service provider Rostelecom's 72.5 percent nine-month profit drop for 2009. The Russian service provider reported earnings of $107 million, a

Nortel's MEN leader Morin plans to stay with Ciena

Ciena's acquisition of Nortel's Metro Ethernet Networks (MEN) division may be still working its way through final regulatory approvals, but it appears that the division's president Philippe Morin

FairPoint beefs up Vermont regulatory muscle

FairPoint's reputation is not exactly outstanding in Vermont, so maybe that's why the company is appointing Michael Smith as Vermont State President. Smith, a Vermont native, will oversee the ILEC's

Vivendi's GVT takeover comes under fire

Vivendi's dream of establishing a foothold in Brazil's wireline market through its impending purchase of GVT could be in danger as the Brazil's securities regulator CVM continues to investigate

Qwest gets new $1 billion revolving credit facility

Qwest's stock got a Christmas boost on Monday when news broke that it secured a $1.035 billion revolving credit facility. Set to expire in September 2013, the new credit agreement with Wachovia Bank

Rumor mill: Nortel's carrier VoIP auction coming soon

With Nortel's Ethernet, CDMA, GSM and now the Enterprise Services flying off the shelves, it's only a matter of time that Nortel will open up the auction block for its Carrier VoIP and Application

KPN seals deal to acquire iBasis

After a long and sometimes bitter battle, KPN finally reached an agreement with iBasis to buy the remaining 44 percent share of the VoIP wholesale provider for $3 a share or $93 million in cash.

Telstra's revenues will remain flat in 2010

Facing slowdowns in both its Australian and Hong Kong markets, Telstra reduced its outlook for 2010. Coming on the heels of a challenging 2009, Telstra expects that FY 2010 revenues will remain

BT accelerates its Fiber to the X deployment timeline

BT has set an ambitious goal of connecting 10 million homes to its fiber-based broadband service by 2012--the same year that London will host the Olympic games. Making the fiber service available in

Cox Business wires up Las Vegas' Golden Nugget casino

Cox Business/Hospitality Network continues to find big payouts for its services bets in Las Vegas. It just won a contract to provide a dual play of video and wireless to Golden Nugget's Rush Tower