Financial


  • Motorola Possibly Selling Mobile Devices Unit
    Motorola Inc. said late Thursday it might sell its struggling mobile devices division. The news came a week after the equipment maker’s new CEO, Greg Brown, said a turnaround in the devices unit would take longer than expected and a couple of days after an analyst with ...More
    January 31, 2008 Posted in News
  • Offer Ends C Block Bidding, Triggers Open Access Provisions
    Things have taken a turn for the better in the 700MHz spectrum auction. After a couple of days of uncertainty, a bid came through that triggered the open access provisions on the nationwide C Block. The offer amount also ended bidding on that block, but the winner won’t be ...More
    January 31, 2008 Posted in News
  • Agents Disenchanted With Post-merger TWT
    When Time Warner Telecom (TWT) bought Xspedius Communications LLC nearly two years ago, it did so for the metro fiber, CEO Larissa Herda said at the time. That gave Xspedius agents, who targeted SMBs more than medium and large enterprises, mixed feelings about the merger. A ...More
    January 31, 2008 By Kelly Teal Posted in Articles
  • Will Hesse Get Sprint Up to Speed?
    Sprint's Dan Hesse It comes as no surprise that Sprint Nextel Corp.’s new president and CEO has a big job ahead of him. To that end, Dan Hesse, 54, landed a compensation package that should more than make up for the time he must put in to restore Sprint’s enterprise and ...More
    January 31, 2008 By Kelly Teal Posted in Articles
  • Reseller Roundtable 2008
    McGraw’s Frank Ahearn McGraw’s John Cunningham TMC’s Ron Ireland AireSpring’s Daniel Lonstein PowerNet Global’s Michael McLelan TNCI’s Brian Twomey Resale has been a catalyst for competition in the communications market for more than 20 years. It helped to alter the ...More
    January 31, 2008 Posted in Articles
  • Sprint, Clearwire Together Again?
    The Wall Street Journal is reporting that Sprint Nextel Corp. and Clearwire Corp. have re-started their talks to jointly build and operate a nationwide WiMAX network. The two had previously tried to do that before ending the agreement last November, leaving Sprint to alone ...More
    January 30, 2008 By Tara Seals Posted in News, Voice over IP (VoIP)/IP Telephony
  • Verizon 4Q Profits Rise 3.9%
    Verizon Communications Inc. on Monday reported a 3.9 percent increase in fourth quarter 2007 profits, mostly thanks to a gain of 2 million net mobile-phone subscribers. The nation’s second-largest phone company earned $1.07 billion, or 37 cents per share, compared to $1.03 ...More
    January 28, 2008 Posted in News
  • Senate Favors Telco Immunity
    The Senate on Thursday rejected a proposal that would have expanded the government’s wiretapping powers. On a vote of 60-36, lawmakers instead sided with the White House in preferring a bill that would give retroactive immunity to telecom companies that let the government ...More
    January 24, 2008 Posted in News
  • Sprint Sues Four Rivals for Patent Infringement
    Fresh off its legal wins over Vonage Holdings Corp. and Voiceglo Communications (which no longer exists), Sprint Nextel Corp. now is suing four competitive providers for the same Voice over Packet (VoP) patent infringement. The struggling wireless and wireline carrier said ...More
    January 24, 2008 By Kelly Teal Posted in News, Voice over IP (VoIP)/IP Telephony
  • Sprint CEO Replaces Top Execs
    Sprint Nextel Corp.’s new CEO is cleaning house.For the second week in a row, Dan Hesse has announced changes intended to turn around the ailing wireless provider. Last week Sprint cut 4,000 jobs and closed 8 percent of its retail stores. On Thursday, Hesse fired some ...More
    January 24, 2008 By Kelly Teal Posted in News