News

Level 3's Storey: M&A is an option, not a necessity

Level 3 Communications has a reputation for being one of the aggressive consolidators of the wireline service provider market, but CEO Jeff Storey told investors that the company has the right mix of assets and products to compete.

Verizon entices customers to purchase FiOS, LTE bundles with 'double up' promotion

Verizon has introduced its new "double up" promotion as a way to drive more of its customers to bundle FiOS with its growing 4G LTE wireless service. Having closed its acquisition of Vodafone's piece in Verizon Wireless last month, the promotion is one of many new marketing initiatives combining its wireless and wireline divisions.  

Windstream taps Infinera for 100G long-haul intercity express network

Windstream is enhancing its ability to serve its growing base of business customers in the Tier 2 and Tier 3 markets it operates in by employing Infinera's DTN-X platform for its Long-Haul Express Network.

Verizon's Shammo: We'll look at FiOS expansions once it returns the cost of capital

Verizon Communications has made it clear that it won't bring FiOS to any new markets, but CFO Fran Shammo told investors it would consider expansions once the current buildouts have given it the best return on its investment.

Freescale, Huawei, ZTE employees among Malaysia Airlines Flight 370 passengers

Employees of several Asia Pacific-based communications service providers and vendors were aboard Malaysia Airlines Flight MH370 at the time of its disappearance, including Huawei, competitor ZTE, U.S. company Freescale Semiconductor, and reportedly, China Telecom.

Reliance Globalcom takes itself off the selling block

Reliance Globalcom's new CEO Bill Barney said it is abandoning its effort to sell itself off and will instead try to raise debt or equity to fund future expansion efforts, reports the Economic Times.

TDS partially completes Mississippi broadband stimulus project, will bring service to 600 residents

TDS has come close to crossing off another broadband stimulus build off its list by nearly completing a project around Leakesville, Miss.

Cincinnati community group vies for Google Fiber

Cincinnati is the latest city to lobby Google Fiber to be the next destination for its 1 Gbps fiber to the home (FTTH) service, reports WLWT News 5.

Broadband speed becomes key factor in UK home purchases, says Rightmove

In the UK, a slow broadband connection could drive would-be buyers away from purchasing a new property, reports TechWeek Europe, citing a survey conducted by Rightmove, an online property portal.

Granite Telecom ready to take part in AT&T's IP transition trials

Granite Telecommunications, a competitive provider focused on providing services to multi-location businesses in the United States and Canada, said it plans on participating in AT&T's upcoming TDM-to-IP trials.

AT&T's Stephenson names Dallas as next FTTH stop

AT&T CEO Randall Stephenson reiterated to investors this week how pleased the company is with the cost dynamics for its initial fiber to the home (FTTH) deployment in Austin, Texas, and said it is going to roll the service out in other markets this year.

Verizon promotes Eric Cevis as its new global wholesale chief

Verizon is passing the leadership torch in its global wholesale division by promoting Eric Cevis as the unit's new president. Prior to his new role, he most recently served as the senior vice president of sales for Verizon's Americas wholesale sales unit.

AT&T expands U-verse, business fiber footprints in Michigan, Missouri and Ohio

AT&T continues to make progress fulfilling the tenets of its Project VIP initiative, announcing multi-billion dollar investments to expand both its consumer U-verse and business fiber service to more locations in Michigan, Missouri and Ohio.

Calix, Alcatel-Lucent, ADTRAN lead the wireline broadband market, says Infonetics

Calix, Alcatel-Lucent and ADTRAN will continue to benefit from the U.S. Tier 3 service providers that are upgrading their existing copper plant to support VDSL2 or building out fiber to the home (FTTH), says Infonetics.

Numericable, Bouygues Telecom make bids to buy Vivendi's SFR

Vivendi's desire to sell its telecom division SFR is again in the news this week as Numericable and Bouygues Telecom have made bids on the unit, reports French newspaper Les Echos.

AT&T is recruiting new employees to assist with its virtual network vision

AT&T is going to enhance its workforce, announcing it plans to hire 100 "innovators" that it says will help build its virtualized network, reports FierceWirelessTech

Ciena's Q1 revenue rises 18% to $534M, sees uptick in converged packet optical sales

Ciena reported that fiscal year first-quarter revenues rose 18 percent year to $533.7 million, up from $453.1 million for the fiscal first quarter of 2013.

Cincinnati Bell's aggressive fiber rollout stems its legacy revenue bleeding, but competitors loom large

Cincinnati Bell may be much smaller than its larger ILEC brothers AT&T and Verizon, but it has come to the same realization that having a fiber-based broadband strategy for consumers and business will be a new revenue driver.

Zayo acquires CoreXchange, bolsters Texas data center footprint

Zayo has added another piece to its growing colocation business zColo by reaching a deal to acquire Dallas-based data center provider CoreXchange for an undisclosed sum.

CenturyLink's Wyatt: It's about driving value with a broad solution set

Kenny Wyatt, president of CenturyLink's business division, says that what differentiates the telco from the pack is it can provide a full suite of services and solutions for any size business. Sean Buckley, senior editor of FierceTelecom, recently spoke with Wyatt about his first year on the job and his views on growing opportunities in the business services space.