SPOTLIGHT: The rise and fall of modem-maker Zoom Technologies


At its peak, Boston-based Zoom Technologies Inc. sold $100 million in dial-up modems at retail stores throughout the country. Last year, it sold just $18.5 million worth of dial-up, DSL and cable modems and posted a $3.5 million loss. The losses have become commonplace; since 2003 Zoom has reported profits just once. Now, it's turning its eyes East, to China's burgeoning market with hopes of returning to its glory days of the late 1990s. The company already makes its modems there, and has established the groundwork it feels it needs to be successful. 

"If you want to get into China, somehow you have to have well-connected people in country," said Frank Manning, Zoom's founder and CEO. See the full story at the Boston Globe

Suggested Articles

On the heels of TalkTalk shareholders approving the deal to sell FibreNation to CityFibre, CityFibre is now targeting 8 million premises in the U.K.

Cisco's Kevin Wollenweber has turned into a COVID-19 sleuth of sorts over the past few weeks as he tracks the virus' impact on networks.

The coronavirus pandemic has led to organizations of all sizes sending their employees home for work, but will they want to return to the office?