Financial


  • Tech’s Terrible, Horrible, No Good, Very Bad Day
    It’s no kids’ book with a soothing conclusion: The stock market took its seventh consecutive round of losses on Thursday and who knows how this story will end. The Dow Jones Industrial Average closed at 8,582.13, marking its lowest closing point in more than ...More
    October 9, 2008 By Kelly Teal Posted in News
  • Telco, Tech Stocks Keep Falling
    Most telecom and other technology stocks continued to slide on Wednesday, but the losses weren’t as substantial as Tuesday’s.AT&T (T) and Verizon (VZ) each lost a little more than 2 percent of their values. Sprint (S) may have taken the hardest hit of the ...More
    October 8, 2008 Posted in News
  • Carriers, Resellers Tangle Over Short-Duration Calls
    Starting in October, things could get a little scary for some resellers and their call center customers with large volumes of short-duration calls. On Oct. 1, Qwest  is expected to up its wholesale rates for those that generate “excessive” numbers of such ...More
    October 8, 2008 Posted in Articles
  • Are you expecting telecom spending to slow as a result of the financial bailout?
    Are you expecting telecom spending to slow as a result of the financial bailout? ( polls) ...More
    October 8, 2008 Posted in News
  • Nortel, Qwest Lead Tuesday's Telecom Stock Plunge
    Telecom stocks tumbled along with the rest of the market Tuesday, as the Dow closed down more than 500 points.Nortel (NT) lost 11 percent of its value, as did Qwest (Q). Ericsson (ERIC) dropped 10 percent.Nokia (NOK) was among the few that escaped the day ...More
    October 7, 2008 Posted in News
  • Pickering: Not Proud of GOP Treatment of Telecom Policy
    Rep. Chip Pickering, R-Miss., delivered an uncharacteristically un-Republican rebuke of the Bush administration’s penchant for telecom deregulation on Monday at the Fall 2008 COMPTEL PLUS Convention & Expo in Orlando, Fla. “I would grieve over all this work ...More
    October 6, 2008 Posted in News
  • Convergys Acquires Ceon Corp.
    Convergys Corp. (CVG) has announced it’s expanding the breadth of its Business/Operations Support Systems (BSS/OSS) solutions available to clients through the acquisition of Ceon Corp.The new capabilities enable Convergys clients to more effectively manage their ...More
    October 6, 2008 Posted in News
  • Monday’s Telecom Stocks Freefallin’
    Can’t help but hear Tom Petty when we watch the stock market these days. And on Monday morning, the only tune in our heads was “Free Fallin’.”On the first business day after President Bush signed the $700 billion Wall Street bailout bill, the Dow ...More
    October 6, 2008 Posted in News
  • Verizon: We’re Still Buying Alltel
    Verizon Communications Inc. (VZ) shares were down in early morning trading Monday as speculation hit the company that it might not be able to go through with its planned Alltel Corp. acquisition. On Friday, a Fitch Ratings analyst released a note questioning ...More
    October 6, 2008 Posted in News
  • Union to Qwest: Thanks, But No Thanks
    Qwest Communications International Inc. (Q) union workers have rejected a proposed new contract.The news broke Tuesday evening and company executives, according to media reports, are baffled. That’s because Qwest and the union struck a three-year deal in August, ...More
    October 1, 2008 Posted in News