News

FairPoint continues to plod through email snafu

At two weeks and counting, northern New England customers continue to deal with transferring email addresses from their old verizon.com service to the new FairPoint Communications email system.

CornerStone builds reputation for consolidation

Rural telco consolidation expected to take place in 2008 was largely put on hold while market conditions for financing collapsed, though CenturyTel's proposal last October to acquire Embarq may have

Stimulus fun has just begun

The broadband stimulus funding plan of about $7.2 billion accounts for less than 1 percent of the overall $787 billion national economic stimulus package. However, when it comes to allocating and

MEF pursues mobile backhaul standards

Ethernet is already becoming a force in the mobile backhaul market--if not a pervasively used backhaul technology, then at least a major influence in the future technical and economic realities of

AT&T to pay $8.3M in E-Rate squabble

The U.S. Department of Justice announced that AT&T has agreed to pay a settlement of $8.3 million related to the DoJ's allegations that the telco's technical services unit "relied on

Final broadband stimulus figure: $7.2 billion

Congress approved the $787 billion economic stimulus bill Friday night by a vote of 60-38, after much debate and compromise that saw the final sum, as well as all of its parts, shift up and down

EMBARQ reports record cash flow, lower revenue for Q4 and 2008

On Thursday EMBARQ reported total Q4 revenues of $1.48 billion, (diluted) earnings per share of $1.34 and cash flow before dividends of $295 million. For 2008, EMBARQ had total revenues of $6.12

UPDATE: New Mexico PRC intervenes to assist SkyWi customers

On Thursday the New Mexico Public Regulation Commission (PRC) issued a series of orders to SkyWi and telcos serving New Mexico in order to prevent disruption of services as Qwest shuts down SkyWi's

More protests about AT&T's U-Verse deployments: Those ugly boxes

Citizens in North Carolina and Indiana are petitioning their local governments to stop AT&T's from installing large Video Ready Access boxes for its U-Verse service in their neighborhoods. The

Verizon moves Killian from Verizon Business to top CFO

Verizon Business President John Killian has been promoted to executive vice president and CFO of Verizon Communications, replacing the retiring CFO Doreen Toben. Killian will take over as EVP and CFO

BCE raises dividend, tightens belt.

Bell Canada parent BCE is raising its dividend 5 percent to shore up investor confidence, as well as implementing a series of cost-cutting measures. BCE reported a fourth-quarter loss of $48 million

Verizon loses customer data service switch lawsuit

A U.S. appeals court has ruled that Verizon is no longer allowed to use proprietary info from its competitors to get customers to switch to its service. Verizon was sending letters to customers who

FairPoint runs into overtime pay delay

Some FairPoint Communications employees working on the northern New England switchover of Verizon customers say they are not being paid overtime or being reimbursed for expenses. A spokesperson for

Charter Communications will file for bankruptcy

Charter Communications said Thursday it would file for Chapter 11 bankruptcy protection by April 1 and all shareholders' equity will be canceled. All company operations will continue while the

Tekelec projects caution, M&A shopping for 2009

Tekelec joins Acme Packet in projecting growth in 2009. The company beat Wall Street analysts' expectations for its fourth-quarter and year-end financials, but expected purchasers to hold off on

Qwest pulling plug on SkyWi; NM PRC emergency session on Thursday morning

SkyWi's public drama continues, as Qwest said it will notify the New Mexico Public Regulation Commission on Thursday that it is pulling the plug on SkyWi's network connections in 10 business days.

Alcatel-Lucent, NSN-Juniper pursue Carrier Ethernet opps

Carrier Ethernet remains an active growth sector in telecom, despite general economic nervousness and declines on overall carrier spending. A couple of announcements this week showed how vendors are

BT sees proft drop, EC pension fund problem

The trouble continued for BT in the U.K. telco giant's fiscal third-quarter earnings report. Net income was down about 32 percent to $1.8 billion, and several reports suggested that BT still may

Level 3: First profit in six years

Level 3 Communications reported a $44 million profit for the fourth quarter, the network operator's first quarterly profit in six years. The company's earnings report also left investors with

Report: Nearly $7 billion in broadband stimulus, but tax credit gone

Congress reached a compromise of the House and Senate economic stimulus bills Wednesday, and a report in The New York Times indicated that the final broadband grant is between $6.65 and $6.8 billion.