Financial


  • Corporate Phone Bill to Hit $133 Billion
    Spending by businesses on wired and cellular calling will hit $133 billion by the close of 2008, according to a new market research report from Insight Research. The study predicts that cellular calling will account for nearly 39 percent of the corporate phone bill for ...More
    February 21, 2008 Posted in News
  • InterCall Deal 'Genesys' of New Opportunity for Channel Partners?
    West Corp. on Tuesday proposed to buy France’s Genesys Conferencing and pair it with its InterCall Inc. division to create the largest conferencing provider in North America and Europe. And by all indications, the deal looks good for channel partners. West, ...More
    February 21, 2008 By Kelly Teal Posted in News
  • Microsoft Thinks Outside Business Box in the Battle for the Wireless Prosumer
    Microsoft Corp.'s wireless division wants you. And everyone else as well. In a shift in strategy announced last week at Mobile World Congress in Barcelona, the software giant noted, a bit creepily, that it will be our constant "companion in a world of change." In fact, it ...More
    February 19, 2008 By Tara Seals Posted in Articles
  • Verizon Seeks Forbearance in All of Rhode Island
    Verizon Communications Inc. on Thursday filed another forbearance petition sure to incite controversy. After losing its request for forbearance in six metro markets in December, the nation’s second-largest phone company is asking the FCC for widespread relief in Rhode ...More
    February 15, 2008 Posted in News
  • VoIP Inc. Strategy a Mystery
    VoIP Inc. is off the grid and on the prowl. The Florida-based provider, which owns Volo and ran a channel program, has shut down all telecom “revenue-generation operations.” It reportedly is reorganizing into a provider of “click-to-call” and “pay-per-click” applications, ...More
    February 15, 2008 By Kelly Teal Posted in News, Voice over IP (VoIP)/IP Telephony
  • Time Warner Telecom Tops $1 Billion in 2007
    In its first full year of operations following its acquisition of Xspedius, Time Warner Telecom Inc. (NASDAQ: TWTC) reported $1.084 billion in revenue for the year ended Dec. 31, solidifying its position as a super-tier 2 carrier behind two other post-merger CLECs, PAETEC ...More
    February 12, 2008 By Khali Henderson Posted in News
  • Qwest Earnings Up 89 Percent
    Qwest Communications International Inc. reported Tuesday that its fourth quarter 2007 earnings were up 89 percent. The Denver-based company reported net income of $366 million, or 20 cents a share, up from $194 million, or 10 cents a share, a year earlier. The results ...More
    February 12, 2008 Posted in News
  • Verizon Files Second Cableco VoIP Lawsuit
    First Cox, now Charter. Verizon Communications Inc. is suing cableco Charter Communications Inc. for the same eight alleged counts of VoIP patent infringement as Cox Communications Inc. Charter declined comment, except to say it will defend itself; Verizon wouldn’t discuss ...More
    February 11, 2008 By Kelly Teal Posted in News, Voice over IP (VoIP)/IP Telephony
  • Yahoo! Rejects Microsoft Bid
    Yahoo! Inc. has officially rejected Microsoft Corp.’s unsolicited $44.6 billion offer to purchase the Internet company. The Yahoo! board made the announcement Monday morning, saying that the offer undervalues the company. The move had been widely expected since Microsoft’s ...More
    February 11, 2008 Posted in News
  • PAETEC Closes McLeodUSA Deal
    PAETEC on Friday closed its $557 million acquisition of privately held McLeodUSA Inc. The deal was announced nearly five months ago, on Sept. 17, 2007. It creates the first coast-to-coast CLEC; its size and revenue surpasses that of XO Communications, Level 3 Communications ...More
    February 8, 2008 Posted in News