CWA's joint convention/legislative-politic conference opens today; AT&T completes spinoff of European Wayport assets

> Members of the Communications Workers of America (CWA), one of the largest telecom unions, will converge in Washington, D.C. at this week's convention/legislative-political conference, July 26-29. CWA attracted a star-studded set of speakers for the event. In addition to CWA President Larry Cohen, the conference speaker lineup includes FCC Chairman Julius Genachowski, Mark Pearce of the National Labor Relations Board, and House Speaker Nancy Pelosi. Release

> When AT&T (NYSE: T) acquired Wayport, it immediately upped its WiFi network presence in the U.S. But now the service provider has decided to apparently trim off what it doesn't need by selling off Wayport Holdings A/S, the European subsidiary of Wayport, to Hospitality Services Plus SA, a wholly-owned subsidiary of Swisscom. This latest deal won't change AT&T's WiFi service capabilities, however. The service provider will continue to own and operate the former Wayport holdings that it integrated into its nationwide WiFi network. Release

> There's really not much to like about KDDI's first fiscal quarter of 2010. Facing increased competition, Japan's second largest service provider reported that Q1 2010 net profit was down 16.8 percent. During the quarter, KDDI said it booked $827 million in net income, while operating profit fell 8.8 percent year-on-year to $1.48 billion. But not everything is doom and gloom for KDDI: the company forecast full year net profits that will end on March 2011 of $2.75 billion. Article

> Global Capacity is looking to turn itself around. The telecommunications information and logistics company moving forward with the restructuring process that will enable it to restructure its balance sheet and capitalization structure, which it says will "strengthen its balance sheet, organizing its debt obligations and past due trade payables." Expected to be wrapped by the end of the year, Global Capacity believes these changes will also help it drive organic growth and invest in new innovations. Release

> Verizon (NYSE:VZ) continues to find ways to improve the FiOS service experience, and its integration of Clearleap's web-based technologies is another testament to that promise. By integrating Clearleap's web-based technologies into its fold, Verizon says it will be able improve the programming workflow for VOD and FiOS1 service, which offers offers local subscribers hyper-local content including news, sports, traffic and weather. Release

And finally ... California's DDTP program keeps the disabled connected. On the eve of the 20th anniversary of the Americans with Disabilities Act fast approaches, the Deaf and Disabled Telecommunications Program (DDTP) said it has maintained its promise to help people that have difficulty seeing, hearing, speaking, remembering, and/or moving to communicate by telephone. The California Telephone Access Program (CTAP) has extended phones and California Relay Service (CRS) services to people with disabilities at no cost. Release