News

Qwest declares quarterly dividend

Qwest Communications, which had gone six years without offering a quarterly dividend until earlier this year, has declared its second straight dividend. The dividend of $0.08 per share will be

BCE deal partner aiming to raise more money

Madison Dearborn Partners, one of the private equity firms involved in the pending acquisition of Bell Canada Enterprises, is attempting to raise about $10 billion for its buyout fund, but had raised

Downgrade adds to Veraz woes

The stock of Veraz Networks was downgraded to underperform by Jefferies & Company analyst George Notter, piling up the pressure on a company that has yet to report second quarter earnings, but

Forbeance foes dispute Qwest rate claims

The Federal Communications Commission is scheduled to rule by July 26 on Qwest Communications' petitions for forbearance from wholesale rate regulation in Denver, Phoenix, Seattle and Minneapolis.

Nokia Siemens Networks posts 18% revenue growth

Nokia Siemens Networks, the network equipment and software joint venture, finished a quarter full of positive news by reporting surprisingly strong revenue growth of 18% to $6.45 billion over the

NY PSC approves Verizon NYC video plan

The New York State Public Service Commission has approved the video franchise agreement Verizon Communications forged with New York City officials to allow the telco to sell video and triple play

Credit Suisse: 2008 carrier capex tightening

Credit Suisse analyst Paul Silverstein downgraded his rating on Cisco Systems from buy to neutral this week, writing that some major carriers may reduce their planned 2008 capital spending, and that

Will SK Telecom get closer to Sprint?

CNBC reported late yesterday that Korean carrier SK Telecom was planning to bid to acquire troubled U.S. wireless carrier Sprint Nextel. Other news outlets, including The New York Times, have

SP Spotlight: Optimum Lightpath to buy 4Connections

Service Provider Spotlight: Optimum Lightpath Vitals: The Cablevision unit's roots are in the cable TV firm's effort to serve business customers off of its own fiber facilities, an effort which began

Convergys to acquire Intervoice in $335 million deal

Customer care and billing vendor Convergys announced that it will acquire Intervoice, an enabler of interactive voice response systems, for about $335 million. The deal could be seen as an extension

Oracle shows results of BEA combo

Oracle's acquisition of BEA Systems ocurred after a bidding and negotiation process whose prolonged and controversial nature may not have been to surprising, given how intensely the two software

House committee questions Embarq's NebuAd test

Legislators in the House Commerce committee sent a letter this week to Embarq, wanting to know whether the independent telco informed customers when it tested behavioral Web-tracking technology from

Adtran sees possible Tier 2 spending decline

Network equipment vendor Adtran reported second quarter earnings that included a profit of $22.4 million, about 34 cents per share, on revenues of $131 million, but the bigger news coming out of

Cisco upgrades IPoDWDM, lands Sprint deployment

Cisco Systems announced enhancements to its much-debated IP-over-dense wavelength division multiplexing technology, and also land another major carrier customer--Sprint--for a 40 Gbps CRS-1 IPoDWDM

Fear, not common sense, passed FISA

Fear of being labeled “soft on terrorism” is what motivated Democrats to cave in to President Bush’s expanded Foreign Intelligence Surveillance Act, says Chicago Tribune columnist

Bell Canada picks up new allies

Things are getting messy north of the border as battle lines are being drawn in the net neutrality fight featuring Bell Canada. The newly formed Canadian ISP Alliance (sounds so righteous,

CWA locals voting on Verizon strike authorization

Verizon has a hornet’s nest on its hands in the form of an angry Communications Workers of America taking a vote to authorize a strike of its 65,000 members on the East Coast if a new

BT plans $3 billion fiber network

Want to put an end to worries (at least in the immediate future) about a clogged pipe, P2P traffic and bandwidth caps? Just take the approach British Telecom has adopted: A nationwide fiber network

Broadband, IPTV numbers continue to grow

Good news for telecoms: Global broadband subscribers now number 370 million, while global IPTV subscribers now total almost 15.5 million with ADSL2plus playing a surprisingly big role in delivery,

Will FTTH become FTEH (fiber to every home?)

Emerging markets may embrace FTTH more than more mature markets as new construction will often include fiber as a standard option by 2010, Hong Kong-based Aspen Optics says, explaining its expansion