Financial


  • Qwest Talking to AT&T for Wireless
    Qwest Communications International Inc. is now speaking with AT&T Inc. as it decides where to move its 824,000 wireless subscribers, CEO Ed Mueller has confirmed. Last week Mueller said Qwest was in discussions with Verizon Communications Inc. on the same topic. Mueller ...More
    March 6, 2008 By Tara Seals Posted in News
  • Covad Shareholders Approve Platinum Takeover
    Covad Communications Group Inc. stockholders have approved the company’s $417 million takeover deal by Platinum Equity. An affiliate of Platinum Equity will buy all of Coad’s outstanding shares for the previously agreed upon price of $1.02 in cash, the companies said on ...More
    March 4, 2008 Posted in News
  • EMBARQ Names Gerke as New CEO
    EMBARQ Corp., the landline spin-off of Sprint Nextel Corp., [] has named Tom Gerke as its CEO. Gerke had been serving as interim CEO since Dec. 18, when his predecessor, Dan Hesse, was tapped as head of Sprint. Gerke previously led EMBARQ’s wholesale markets business and ...More
    March 3, 2008 Posted in News
  • Limelight Ordered to Pay Akamai $45.5M for Infringement
    Akamai Technologies Inc.on Feb. 29 won its patent infringement lawsuit against Limelight Networks Inc. Limelight also faces a patent infringement allegations from Level 3 Communications Inc. A Boston jury said Limelight infringed on four of Akamai’s patents and must pay ...More
    March 3, 2008 By Kelly Teal Posted in News
  • Master Plans: Top Master Agents Address Evolving Role
    Photo by Joshua LawtonCurt Allen, President, X4 Communications LLC (1)Allen is the new president of X4 Communications, a master agency that is the merger of three previous agencies. Prior to taking his post in fall 2007, he was senior vice president of sales for the ...More
    February 29, 2008 Posted in Articles
  • Ch-Ch-Changes: Agents Face the Strain of Business Transformation
    Even if you can’t be all things to all people, you still might need to be a little more than the next guy if you want to win business. Telecom agencies are feeling pressure to provide more value-adds for their clients — even if for no other reason than to keep up with the ...More
    February 29, 2008 By Cara Sievers Posted in Articles
  • New CPNI Rules Vex Agents
    March 1 marks the deadline for carriers to comply with the FCC’s heightened customer proprietary network information (CPNI) rules. Getting the right processes and paperwork in place in time has been quite a ride for carriers and agents alike — bumpy for some, pretty smooth ...More
    February 29, 2008 By Kelly Teal Posted in Articles
  • Hold the Line: Does Web 2.0/Voice 3.0 Live Up to the Hype?
    If industry speculation is realized, service providers not offering the latest in Web 2.0/Voice 3.0 content and connectivity could be overtaken by the Googles and Skypes of the world. But many service providers, even the CLECs — often viewed as being more forward-thinking ...More
    February 29, 2008 By Kelly Teal Posted in Articles
  • Channel Coach: Mind Your Own Business
    Got Questions?Ask the Channel Coach. Send your questions to wbtaylor@corporateladders.com. Please include your name, city, state and phone number. First names and locations only will be published. How many times have you heard someone say "mind your own business?" For ...More
    February 29, 2008 Posted in Articles
  • Nextel Buy Bites Sprint With $29.5B Loss
    Sprint Nextel Corp. may have reported a massive net $29.5 billion loss for the fourth quarter thanks to the Nextel writedown, but that might not be as deep as the rabbit hole goes. The ailing carrier, which also scrapped its dividend Thursday, predicted that it will lose an ...More
    February 28, 2008 By Tara Seals Posted in News