Financial


  • S&P Expects To Raise Level 3 Corporate Credit Rating
    Standard & Poor's Ratings Service on Wednesday said it expects to raise part of Level 3 Communications Inc.’s (LVLT) corporate credit rating, two days after declaring the carrier’s financial situation as “tantamount to default.”Now that ...More
    December 31, 2008 Posted in News
  • Motorola Axes 400 More Jobs
    Motorola Inc. (MOT) said late Tuesday it’s cutting 400 more jobs in the fourth quarter than it had originally planned. The additional layoffs will cost the mobile phone maker $189 million more in charges for the quarter. Motorola said in a Securities and Exchange ...More
    December 31, 2008 Posted in News
  • Vendor Agency or Vendor Agnostic
    While telecom sales reps are being beaten over the head with the mantra of consultative selling, the long-simmering debate about vendor agency vs. vendor agnosticism recently was revived in a TelecomAssociation Linked In Group. The discussion prompted some questions: What ...More
    December 30, 2008 By Cara Sievers and Khali Henderson Posted in Articles
  • Oppenheimer Drops Another Bomb on Nortel
    We’ve all heard about the problems at Nortel (NT). And it seems like most of talk has been about the vendor’s troubles and efforts around its service provider business. But now comes commentary from Oppenheimer & Co. (OPY) that it is in fact ...More
    December 30, 2008 Posted in News
  • Level 3’s Money Situation ‘Tantamount to Default’
    Level 3 Communications Inc. (LVLT) is having a very tough go of things. In between trying to buy back stocks to stave off bankruptcy, the Colorado-based carrier received a big blow on Monday from ratings firm Standard & Poor’s.S&P cut Level 3’s ...More
    December 29, 2008 Posted in News
  • Channel Execs Staying Positive
    As to be expected, the impending new year is causing even more talk about the state of America’s economy in 2008, and what executives are expecting for 2009.Channel executives, for the most part, seem to be very optimistic that they are operating in a somewhat ...More
    December 29, 2008 Posted in News
  • AnchorPoint, MTS Sign Definitive Agreement
    TEM provider AnchorPoint announced a definitive agreement with MTS – Mer Telemanagement Solutions Ltd. (MTSL), a global provider of business support systems (BSS) for telecommunication management and customer care and billing solutions. The merger of AnchorPoint ...More
    December 24, 2008 Posted in News
  • S&P Slaps Integra Telecom for a Second Time
    We’re feeling some sympathy for CLEC Integra Telecom, which once again is facing some pretty harsh downgrades from ratings firm Standard & Poor’s. S&P lowered Integra’s corporate credit and issue-level ratings by two levels on Tuesday, citing the ...More
    December 23, 2008 Posted in News
  • ’Tis the Season to File Lawsuits
    ‘Tis the season to file lawsuits. Vonage Holdings Corp. (VG), Verizon Communications Inc. (VZ) and deltathree Inc. all got notice earlier this month that Centre One is suing them for IP patent infringement. Vonage said it believes Centre One is owned by ...More
    December 19, 2008 Posted in News
  • AT&T Brings U-verse Internet to Small Businesses
    Following similar moves by rival cable operators attacking its SMB flank, AT&T Inc.(T) is leveraging its residential services delivery network to provide high-speed Internet services to businesses.AT&T Business Solutions unit today announced availability of Business ...More
    December 18, 2008 By Bob Wallace Posted in News