Earnings

SEC: Broadcom officials back-dated stock options

admin — Thu, 15 May 2008 06:59:53 -0400

Broadcom, a leading maker of broadband wireline and wireless data networking chips, is the latest firm to be tangled up in a stock option back-dating scandal. The Securities and Exchange Commission Read more...

Paetec posts 85% revenue increase for Q1

admin — Wed, 14 May 2008 06:59:55 -0400

Revenue at Paetec Holding Corp was up 85 percent to about $358.8 million in the first quarter, growth that could be attributed to the acquisitions of McLeodUSA and U.S. LEC last year. The company had Read more...

Dish re-loads after feeling competitive heat

admin — Wed, 14 May 2008 06:59:53 -0400

Dish Network CEO Charles Ergen, who also controls EchoStar Communications, the firm from which Dish was spun-off, has taken a more active interest in Dish's telecom strategy. He says the company Read more...

Clearwire gets bigger; so does its Q1 losses

admin — Tue, 13 May 2008 06:59:57 -0400

Clearwire Corp. may be on the cusp of a planned WiMAX revolution with Sprint in the future but, like its primary partner in its new joint venture, is struggling in the here and now. After market Read more...

Charter Communications narrows Q1 loss, adds subscribers

admin — Tue, 13 May 2008 06:59:55 -0400

Charter Communications posted a first quarter loss of $358 million, or 97 cents a share, compared to $381 million, or $1.04 a share a year ago and said its revenue rose 10 percent to $1.6 billion Read more...

Tiscali losses narrow; short list of bidders emerges

admin — Tue, 13 May 2008 06:59:54 -0400

Italian telecom Tiscali said it lost $58.5 million in the first quarter, down 12 percent from $66.3 million a year ago, on sales that topped $431 million, up 43 percent from $301 million. Tiscali Read more...

Telcos line up to take Dish Network's lunch money

admin — Tue, 13 May 2008 06:59:53 -0400

Telcos are continuing to make inroads as TV providers, beefing up their revenues (or at least trimming their losses) at the expense of cable operators and satellite services. This week's victim is Read more...

Restructured Spirent posts strong Q1 numbers

admin — Mon, 12 May 2008 06:59:53 -0400

Spirent Communications has undergone heavy restructuring and recently hired a new CEO, and the test vendor's first-quarter earnings report suggests its is now heading in the right direction. Spirent Read more...

Windstream's Q1 profit, revenues up; outlook bright

admin — Fri, 09 May 2008 06:59:56 -0400

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...

Cablevision adding subs, offering Wi-Fi, losing money

admin — Fri, 09 May 2008 06:59:55 -0400

Cablevision will spend more than $300 million on rolling out Wi-Fi technology in the New York metro area and on Long Island over the next two years as it intensifies its battle with Verizon for Read more...