M&A

DT, Greek government reach OTE agreement

admin — Thu, 15 May 2008 06:59:55 -0400

Germany's Deutsche Telekom finally got the deal it had been seeking with the Greek government, agreeing to acquire another 3 percent of Greek telco OTE on top of the 20 percent it already had agreed Read more...

Telecom can gain from HP's EDS acquisition

admin — Wed, 14 May 2008 06:59:56 -0400

Hewlett-Packard announced this week it will acquire IT services giant EDS for about $13.9 billion, and the deal should have multiple implications for the telecom market. HP already is a major 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...

Newsday deal unlikely to start telecom trend

admin — Mon, 12 May 2008 06:59:58 -0400

Cable TV player Cablevision Systems announced today that it is acquiring Newsday for $650 million. For those outside Long Island and New York City, Newsday is that most archaic of information Read more...

Jangl dangles as Jajah picks up execs, assets

admin — Mon, 12 May 2008 06:59:55 -0400

Integrating VoIP capabilities with social networking applications was one of the most hotly hyped opportunities of the past couple years, and no one looked to be more in the thick of the action than 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...

DT chief chats M&A; report fuels Sprint rumors

admin — Fri, 09 May 2008 06:59:57 -0400

Will Deutsche Telekom make a move on Sprint Nextel, or are there too many hurdles to overcome for Read more...

Surewest increase revenue, barely profits

admin — Thu, 08 May 2008 06:59:53 -0400

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...

All-star team re-ignites national WiMAX venture

admin — Wed, 07 May 2008 06:59:57 -0400

Sprint Nextel, Clearwire, Comcast, Google, Time Warner Cable, Intel, Bright House Networks--'nuff said. Those firms--proven telecom industry giants, with the exception of Clearwire (okay, maybe Read more...

Broadweave to acquire embattled iProvo

admin — Wed, 07 May 2008 06:59:55 -0400

Fiber network operator Broadweave is acquiring iProvo, the initially much ballyhooed but not very successful municipal fiber network in Provo, Utah. The network supplying triple play services to Read more...