• Covad, Verizon Dismiss Pending Lawsuits
    Covad Communications Group and Verizon Communications Inc. said today they have settled pending lawsuits against one another and re-instituted their commercial line-sharing agreement. The settlement means Covad has dismissed its antitrust case against Verizon, and Verizon ...More
    December 28, 2005 Posted in News
  • Trinsic Appoints New CFO
    Trinsic Inc., the Florida-based CLEC that uses IP to deliver broadband and voice services, said today it has named Edward D. Moise as the company's CFO. He replaces J. Michael Morgan, who left the former Z-Tel Technologies Inc. to go to another company. Moise is a managing ...More
    December 27, 2005 Posted in News
  • Verizon Receives Final State’s Approval for MCI Buyout
    The Washington Utilities and Transportation Commission (WUTC) on Friday gave its blessing to the merger of Verizon Communications Inc. and MCI Inc. Washington State was the final hurdle for the companies to overcome; regulators’ approval sets the stage for Verizon to close ...More
    December 23, 2005 Posted in News
  • Level 3 Completes Acquisition of WilTel
    Level 3 Communications Inc. said today it has completed its acquisition of WilTel Communications Group LLC. The wholesaler paid Leucadia National Corp., WilTel’s parent company, 115 million shares of Level 3 common stock and $386 million in cash. The deal between the two ...More
    December 23, 2005 By Kelly Teal Posted in News
  • Senate Confirms FCC Nominees
    The Senate last night confirmed Deborah T. Tate as the FCC’s newest Republican commissioner, and re-appointed Michael J. Copps, a Democrat who has served on the commission since 2001. In another late-night session, senators approved President Bush’s two nominations by voice ...More
    December 22, 2005 Posted in News
  • Gatespeed Joins SkyWeb Alliance
    The SkyWeb Alliance, a coalition of fixed wireless ISPs in California, has added Gatespeed Broadband Inc. as its newest member, and the first from the San Francisco Bay area. NextWeb Inc. started the SkyWeb Alliance. Adding Gatespeed to its roster expands NextWeb’s ability ...More
    December 21, 2005 Posted in News
  • NTIA Head Steps Down
    The head of the National Telecommunications and Information Administration at the Commerce Department said this week he will step down in early 2006, the New York Times reported. Michael D. Gallagher had been in the race to head the FCC after Michael Powell resigned; he ...More
    December 21, 2005 Posted in News
  • Ex-Qwest Head Charged with Insider Trading
    Federal prosecutors today charged ex-Qwest Communications International Inc. CEO Joseph P. Nacchio with insider trading. The government contended Nacchio took part in insider trading for sales of $100.8 million in Qwest stock between Jan. 2, 2001, and May 29, 2001. Each ...More
    December 20, 2005 Posted in News
  • Telecom Companies Offer Holiday Cheer
    With the holidays comes all manner of charitable giving and opportunities to reach out and touch someone. As Christmas, Hanukkah and other celebrations approach, a number of telecom companies are providing holiday cheer to children and military families. ...More
    December 20, 2005 Posted in Articles
  • New Wireless Player Enters U.S. Market
    British BWA vendor LastMile Communications will enter the United States in 2006 via a new subsidiary, LastMile USA Inc. LastMile offers hardware and software that enable the delivery of location-based high-speed wireless services. LastMile makes its network gear free to ...More
    December 20, 2005 By Tara Seals Posted in News