Financial


  • Economy Tests Accidental Entrepreneurs
    They say these are challenging times, but I say this is the best time for good business owners and entrepreneurs to shine. Running and growing a company in any economy is challenging. Grow too quickly and risk running out of cash. Grow too slowly and risk losing top talent ...More
    July 28, 2008 Posted in Articles
  • Verizon Sailing Some Choppy Waters
    Ahoy, matey – I see land(line loss). But it isn’t time to jump the wireline ship. Even though 920,000 Verizon Communications Inc. (VZ) access line users put their service out to sea in the second quarter, the carrier reported higher earnings and sales. ...More
    July 28, 2008 Posted in News
  • Verizon Makes Proposal FCC (Probably) Can’t Resist
    Business really is an art. Closing deals requires a little thing called diplomacy and another one called compromise. Consider Verizon Communications Inc. (VZ)  a master of the business world – it’s apparently trying to pre-empt holdups in the process to ...More
    July 24, 2008 Posted in News
  • Level 3 Recovering From Merger Frenzy?
    Ahh, recovery. It looks like Level 3 Communications Inc. (LVLT)  is back on track after several quarters of major losses fueled by provisioning problems. There’s usually a domino effect in play in these situations – in this case, Level 3 triggered ...More
    July 24, 2008 Posted in News
  • Sprint Says Adios to 3,300 Towers
    We’re all tired of describing Sprint Nextel Corp. (S) as “struggling.” Of course, Sprint is struggling, but today it made a move that might help erase that descriptor. The wireless carrier said it’s selling 3,300 towers – about half the number ...More
    July 23, 2008 Posted in News
  • Icahn Doing the Happy Dance in Yahoo! Boardroom?
    What happens when Carl Icahn doesn’t get his way? Dunno. The billionaire activist investor finally has secured the Yahoo! (YHOO) board seat he sought for two months, after Yahoo! rebuffed repeated takeover attempts by Microsoft Corp. (Analysts speculate the ...More
    July 21, 2008 Posted in News
  • It Ain’t So: SK Telecom Won’t Take Over Sprint
    Sprint Nextel Corp. (S) this week was, once again, the target of takeover rumors. This time, the alleged buyer was South Korea’s SK Telecom Co. In May, the industry expected T-Mobile to snap up Sprint. That didn’t happen and it seems an SK deal won't either. The ...More
    July 17, 2008 Posted in News
  • Optimum Buys 4Connections for Undisclosed Price
    New York-based Optimum Lightpath will expand its reach with the purchase of 4Connections LLC, a fiber network operator in New Jersey. The acquisition was announced late Tuesday. Terms weren’t disclosed, however, as Optimum Lightpath is a division of privately held ...More
    July 16, 2008 Posted in News, Ethernet/ MPLS
  • BCN Adds Managed Services with GroveLine Buy
    BCN Telecom Inc. has jumped into the managed services niche. The New Jersey-based CLEC said Wednesday it has acquired almost all of GroveLine LLC’s assets. Terms weren’t disclosed, as BCN is privately held. GroveLine manages companies’ telephony service, ...More
    July 2, 2008 Posted in News
  • Virgin Mobile to Acquire Helio
    Call it a tale of two business models: Successful MVNO Virgin Mobile USA Inc. will take over struggling MVNO Helio for $39 million, the companies announced on Friday. Like Virgin Mobile, Helio uses Sprint-Nextel Corp. as its underlying network provider, but ...More
    June 27, 2008 By Tara Seals Posted in News