Financial


  • XO Partners With Tech Data for SMB Offering
    XO Communications and Tech Data Corp., an IT products distributor, on Monday announced a strategic partnership to offer technology resellers advanced IP services and solutions for SMBs. Tech Data will offer resellers and systems integrators XO’s converged IP voice and data ...More
    December 17, 2007 By Cara Sievers Posted in News, Voice over IP (VoIP)/IP Telephony
  • Vonage Faces Another Patent Case
    Vonage Holdings Corp. has been slapped with another patent lawsuit, this time by Nortel Networks. The suit, which claims Vonage infringed on 12 patents, comes weeks after the popular VoIP company appeared to be moving past most of its legal problems. The patents in the ...More
    December 17, 2007 Posted in News, Voice over IP (VoIP)/IP Telephony
  • Sprint Settles Suit for $57.5 million
    A Kansas court on Wednesday approved a $57.5 million payment by Sprint Corp. to settle a lawsuit from the company's recombination of two tracking stocks in 2004. The lawsuit, originally filed in 2005, centered on the company's handling of a complex conversion of stock in ...More
    December 13, 2007 Posted in News
  • AT&T Stocks Jump on Dividend, Equity News
    AT&T Inc. stock jumped more than 6 percent Tuesday on news that the company will distribute a higher-than-expected dividend and is buying back $10 billion worth of stock for equity. AT&T’s stocks were trading for $40.35 during the late morning hours, up 6.2 percent, ...More
    December 11, 2007 By Kelly Teal Posted in News
  • OrbitCom, OneEighty Networks Combine Forces
    Spokane-based OneEighty Networks now is owned by OrbitCom, a reseller headquartered in South Dakota. The deal wasn’t a merger; rather, OrbitCom did an asset purchase for legal reasons, said Gregory Green, CEO of OneEighty Networks. The transaction closed on Nov. 21 although ...More
    December 4, 2007 By Kelly Teal Posted in News
  • AT&T and Verizon Agree to Wireless Asset Swap
    AT&T Inc. will trade wireless assets with Verizon Wireless to fill in network coverage, the companies said Tuesday,. After Verizon finalizes its acquisition of Rural Cellular Corp., AT&T will take over some licenses, network assets and subscribers of the former ...More
    December 4, 2007 By Tara Seals Posted in News
  • AT&T Shedding Pay Phone Business
    The ubiquity of wireless devices has made pay phones obsolete. That’s according to AT&T Inc., which said on Monday it’s exiting the pay phone business by the end of 2008. The decision includes the pay phones AT&T maintains at prisons and other government ...More
    December 3, 2007 Posted in News
  • Wireless+: Changing the Game
    There is an ever-increasing call for open-access, high-speed mobile data networks to enable everything from business applications to true Internet on the go, accessible from any device — a device that most likely spans work and home life. “Users shouldn’t have to choose ...More
    December 3, 2007 By Tara Seals Posted in Articles, Voice over IP (VoIP)/IP Telephony
  • Accounting for Change
    As smaller comunications service providers and resellers seek to solve their billing challenges, too often the market tells them the answer is to throw money at technology. Choosing to outsource billing capabilities through a licensed system or a managed service can produce ...More
    December 3, 2007 Posted in Articles
  • Covad Goes Private
    An ongoing lack of profitability and problems provisioning its hosted VoIP services are two likely reasons Covad Communications Group has agreed to be bought by Platinum Equity, a private equity firm, analysts say. The companies said on Oct. 29, Platinum Equity will pay ...More
    December 3, 2007 By Kelly Teal Posted in Articles