Financial


  • Level 3's Loss Smaller Than Expected
    Financial Losses
    Excluding its acquisition of Global Crossing in October 2011 and not counting its discontinued coal mining operations, Level 3's fourth-quarter revenues grew to $934 million from $904 million in the year-ago period. ...More
    Yesterday By Josh Long
    Posted in News
  • Sprint's iPhone in 4Q: Good and Bad
    Sprint, the third-largest U.S. wireless operator, reported that 40 percent of its 1.8 million iPhone sales were to new customers. ...More
    Yesterday By Josh Long
    Posted in News
  • TNCI's Twomey: Agents Are Priority in Reorg
    Bankruptcy
    TNCI President and CEO Brian Twomey emphasized that TNCI has been in biweekly contact with its agents to update them during the bankruptcy process and that they are critical to the business since they are responsible for all of the company's sales. ...More
    February 7, 2012 By Josh Long
    Posted in News
  • TNCI Files Reorganization Plan
    The company intends to seek confirmation of the reorganization plan by May 31, 2012. ...More
    February 7, 2012 By Josh Long
    Posted in News
  • Dimension Data Buys TEM Provider Xigo
    The systems integrator now will offer fully managed TEM services to enterprises. ...More
    February 7, 2012
    Posted in News
  • Consolidated Communications To Buy SureWest
    Business Handshake
    The companies, which both sell through channel partners, call it a strategic combination that brings together operations in six states and nearly 1,800 employees. ...More
    February 6, 2012
    Posted in News
  • CenturyLink Downgraded on Merger Integration Concerns
    Down
    A number of issues, including lowered revenue guidance four months after the Qwest acquisition, have illustrated CenturyLink's challenges in rapidly growing through acquisitions, Goldman Sachs said. ...More
    February 3, 2012 By Josh Long
    Posted in News
  • Telecom, IT Jobs On Rise
    Computer keyboard, IT worker
    And a survey indicates more hiring of IT staff is imminent. ...More
    February 3, 2012 By Josh Long
    Posted in News
  • ShoreTel To Buy M5
    Business Handshake
    ShoreTel is acquiring M5’s entire operation, including its customer base, distribution capability and proprietary network. ...More
    February 2, 2012 By Josh Long
    Posted in News
  • Motorola Solutions Reports Sales Growth
    Government sector sales ($1.5 billion) rose 6 percent over the year-ago period while the enterprise segment sales increased 3 percent to $753 million. ...More
    January 26, 2012 By Josh Long
    Posted in News
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