Telco news from FierceTelecom
NewsTransport demand fuels Fibernet growth moves
Metro Ethernet operator Fibernet is expanding capacity and capabilities in at least five cities as the company sees growing demand for optical transport capacity. The fiber carrier's native New York Read more...
DT chief chats M&A; report fuels Sprint rumors
Will Deutsche Telekom make a move on Sprint Nextel, or are there too many hurdles to overcome for Read more...
Windstream's Q1 profit, revenues up; outlook bright
Windstream Corp today said a jump in Internet users helped push it to a 24 percent increase in profits for the first quarter despite slower growth in its residential landline business. Sound Read more...
Aussie telco ups ante in nationwide broadband bid
The battle to hang wire for Australia's $4.7 billion national broadband network just got a tad more serious after Australian operator Telstra put up the $5 million bidder's bond required of Read more...
Global telecoms see mixed quarterly results
Swisscom reports 1Q net profit down: Switzerland's biggest telco, Swisscom, said its first quarter net fell 7.2 percent to $407.5 million primarily due to costs associated with last year's purchase Read more...
Surewest increase revenue, barely profits
Independent telco SureWest Communications reported a 20 percent increase in revenue for the first quarter to about $51.6 million, but the company was barely in positive net income territory, with a Read more...
Could international telcos unite against Skype?
Speaking of mega-ventures, could a dozen or so incumbent telcos from around the world team up to launch a free international calling service that would challenge Skype? ThinkPanmure analyst Anton Read more...
Cisco posts higher revenue, carrier sector decline
Cisco Systems reported a revenue increase of 10 percent to $9.8 billion for its fiscal third quarter, a figure which spelled relief for many telecom industry types who know that Wall Street moves the Read more...
Telcos pursue $700 million Europe-India cable
AT&T and Verizon Communications were among the 16 network operators to join the Europe-India Gateway consortium this week as the EIG unveiled a plan to construct a 15,000 km., $700 million Read more...
Report: Telcos looking for their share of VoIP
VoIP traffic has increased 35% in the past year and carriers are continuing to spend money to grab their share of the market, says a new report from iLocus. Among the iLocus findings:All major Read more...
| Press ReleasesIndia’s Largest Telecommunications Company Signs Contract for Convergys Solution to Lower IT Costs and Launch Convergent ServiceApril 22, 2008 (Cincinnati and New Delhi; April 22, 2008) - - - Convergys Corporation (NYSE: CVG), a global leader in Read more... Level 3 Reports First Quarter 2008 ResultsBROOMFIELD, Colo., April 23 /PRNewswire-FirstCall/ -- Level 3 Communications, Inc. today reported consolidated revenue of $1.09 billion for the first quarter 2008, an increase of 3 percent from $1.06 Read more... |