fourth quarter earnings 2012

Latest Headlines

Latest Headlines

5 reasons Verizon needs to restart its FiOS rollout

Verizon had a decent year for FiOS, adding 607,000 Internet subscribers and 553,000 video subscribers to its net total. It's sticking to its plan to build those subscription numbers in the areas where it already has deployed FiOS. But Verizon, which halted new deployments of its fiber product last year, needs to bite the bullet and restart its rollout.

Alteva's unified communications services make up 50% of its revenues

Alteva, a cloud services provider that grew out of its rural telco roots as Warwick Valley Telephone (WVT), reported that unified communications (UC) services contributed nearly 50 percent to its Q4 2012 consolidated revenues.

Hawaiian Telcom Q4 results driven by strong IPTV gains

Hawaiian Telcom may not be the largest IPTV provider, but its effort to increase its service footprint paid off in Q4 and drove up its growing consumer segment 4 percent to $35 million.

BT to extend FTTx coverage to 95% of Cornwall homes

BT is extending the coverage of its fiber-based broadband services in Cornwall to 95 percent of area homes, up from the 80 percent mark it originally set, by 2014.

Ciena surpasses expectations as Q1 revenue rises to $453.1 million

Ciena reported on Thursday that its fiscal Q1 2013 revenues rose 9 percent to $453.1 million and an adjusted profit per share of 12 cents, exceeding analyst expectations of a 14-cent loss.

CenturyLink ramps up IPTV workforce in Phoenix

CenturyLink is beefing up its field technician workforce in Phoenix as it moves to bring its IPTV service to the area, one of the first former Qwest markets to get the new product.

Consolidated's Q4 revenue rises to $160.1M on strong broadband, video results

Consolidated Communications reported on Thursday that Q4 revenue was $160.1 million, up 1.8 percent year-over-year with a gain in both broadband and video services subscribers.

FairPoint's Q4 revenue driven by broadband, Ethernet services

FairPoint reported on Wednesday that revenue was $240 million, down from $242 million in Q3 2012, as gains in broadband and business-grade Ethernet were offset by ongoing declines in voice revenues and the impact of Hurricane Sandy.

Level 3's Crowe to step down at the end of 2013

James Crowe, Level 3 Communications' CEO, on Thursday said he will step down from his post at the end of the year as part of a broader leadership succession at the competitive provider.

Savvis enhances London data center footprint

Savvis, the data center and cloud subsidiary of CenturyLink, on Tuesday opened a new data center serving the London metro market.