WVT completes acquisition; Lambda Optical's new focus

> Warwick Valley Telephone Company completes its acquisition of fellow New York service provider USA Datanet.

> Lambda Optical Systems re-focuses on next-generation call control for broadband optical networks.

> Virginia telco nTelos reports $17.4 million in net income for the first quarter of 2009.

> Vendor Sycamore Networks reduces its workforce by 30 percent.