Financial


  • Motorola Freezes Pensions, Salaries, 401(k) Matches
    Motorola Inc. (MOT) workers got the shaft today in the form of frozen pension plans; a temporary end to company 401(k) matching; and salary freezes. The ailing handset maker said it took the measures to save more than the $800 million it announced in October. First, ...More
    December 17, 2008 Posted in News
  • 5LINX Acquires Kancharla Wholesale Services Group
    5LINX Enterprises announced it’s acquired Kancharla Corp.’s Wholesale Services Group. That includes business, residential, E911, DID Services, and the A-Z Origination/Termination portion of the group.5LINX says it will immediately begin offering these services ...More
    December 17, 2008 Posted in News, Voice over IP (VoIP)/IP Telephony
  • Hiring and Supporting the Right People
    We all know that one of the keys to success is hiring the right person for the job. Whether you are staffing a business, building a sales team or climbing Mt. Everest, selecting the right people greatly improves your chances for success. I just finished reading the book ...More
    December 16, 2008 Posted in Articles
  • Report: Ex-Vodafone CEO to Reject Yahoo! Offer
    The key contender to replace Jerry Yang at Yahoo! Inc. (YHOO) reportedly is nixing the deal. Arun Sarin, former Vodafone Group (VOD) CEO, was considered the lead candidate to become Yahoo!’s new CEO. But articles started circulating Monday that Sarin wanted ...More
    December 16, 2008 Posted in News
  • Analysts: Mobile Phone Market to Decline in ‘09
    It’s time to rethink the notion that the economy won’t hurt the mobile phone market. For a couple of months, analysts and the telecom industry have considered mobility insulated from the world’s tanking financial condition. Now comes a poll showing that ...More
    December 16, 2008 Posted in News
  • Downgrade Monday: AT&T, Alcatel, Nortel Slammed
    AT&T Inc. (T), Nortel Networks Corp. (NT) and Alcatel-Lucent  (ALU) all closed down Monday after separate agencies downgraded the companies’ credit ratings. Goldman Sachs cut AT&T’s to Neutral from Buy, citing, among other reasons, ...More
    December 15, 2008 Posted in News
  • Rockefeller to FCC’s Martin: Stick to DTV Transition
    The man expected to become chairman of the Senate Commerce Committee on Friday asked the FCC to forgo a vote on the AWS-3 auction next week and instead focus on the upcoming DTV transition, which has not gone as expected in test launches so far. “We strongly urge you ...More
    December 12, 2008 Posted in News
  • Nortel Faces NYSE Delisting
    Could the end of the year also be the end of Nortel Networks (NT)? We certainly hope not, but circumstances aren’t looking good for the telecom equipment maker. A day after reports circulated that Nortel is eyeing bankruptcy, the company received notice from the ...More
    December 11, 2008 Posted in News
  • Gonen Resigns From deltathree
    Dror Gonen is resigning as deltathree Inc.'s president and CEO, citing personal reasons. Gonen's resignation comes as analysts and reporters wonder how much longer deltathree will be in business.Gonen had only run the VoIP provider since April of this year. But in that ...More
    December 10, 2008 Posted in News
  • Nortel Stocks Plunge on Bankruptcy News
    Nortel Networks (NT) stocks hurtled downward Wednesday on reports that the company is looking at filing bankruptcy. The telecom equipment maker’s shares dropped 23 percent after the Wall Street Journal said Nortel is getting advice on bankruptcy-court ...More
    December 10, 2008 Posted in News