• Level 3 Sells Vyvx Unit
    Level 3 Communications Inc. said on Thursday it has shed the advertising distribution business of Vyvx LLC, as it first announced in December. Level 3 is, however, keeping Vyvx’s broadcast unit. That division includes all of the content distribution capabilities ...More
    June 5, 2008 Posted in News
  • TNCI, Agent Alliance Roll Out Equity Plan to Agent Community
    TNCI has teamed with the Agent Alliance buying consortium to revive the agent equity program first made popular in the late ‘90s  as a way to give agents ownership in the telecommunications businesses they helped create. Unlike many earlier efforts, ...More
    June 4, 2008 By Khali Henderson Posted in News
  • West Closes Genesys Acquisition
    Just as fuel prices rise to record levels, West Corp. said it has wrapped the acquisition of conferencing and collaboration provider Genesys SAWest paid $3.88 per Genesys share, or about $345 million. West will pair Genesys with the InterCall Inc. division, as the companies ...More
    May 23, 2008 Posted in News
  • Report: Avaya Cutting 400 Jobs
    Telecom equipment maker Avaya Inc. will slice 400 jobs by the end of May, the Associated Press reported late Wednesday afternoon. An Avaya spokeswoman blamed the weak economy and slow telecom equipment sales for the layoffs, which come after 600 positions were eliminated ...More
    May 21, 2008 Posted in News
  • Cox Business, Nortel Partner for Voice, Data Solutions
    Cox Business said today at The Cable Show that it has extended its business sales force by teaming with telecom equipment solutions provider, Nortel. As part of the multiyear agreement, Nortel Sales Center representatives will design and sell voice, data and equipment ...More
    May 19, 2008 Posted in News
  • Cbeyond Vows to Defend Itself in Lawsuit
    IP services CLEC Cbeyond Inc. said this week it will “vigorously defend” itself and its chairman against a lawsuit alleging insider trading. New Jersey-based law firm Gardy & Notis LLP filed the class-action lawsuit on behalf of an unnamed plaintiff on May ...More
    May 16, 2008 Posted in News
  • Economy’s Effects on Agents Varied
    It’s almost become cliché for telecom agents to see the bright side of a worsening economy, just as survival became a badge of honor for those who weathered telecom’s nuclear winter. But optimism does not produce easy revenue. Analysts say businesses’ ...More
    May 15, 2008 By Kelly Teal Posted in Articles
  • Sprint’s Losing Streak Continues
    To no one’s surprise, Sprint Nextel Corp. continued its losing streak in the first quarter of 2008. The struggling provider today reported net losses that hit $505 million, up from $211 million a year earlier. Wireless sales fell 9 percent but wireline numbers, fueled ...More
    May 12, 2008 By Kelly Teal Posted in News
  • Vonage Hopes DSL Cures Ills
    Vonage Holdings Corp. finally is branching out. The VoIP provider, which has struggled because of its “one-trick pony” business model, said on Thursday it will sell DSL by the end of the year. Vonage will resell Covad Communications Group’s broadband ...More
    May 8, 2008 By Kelly Teal Posted in News
  • Sprint, Clearwire Form New WiMAX Company
    Clearwire Corp. and Sprint-Nextel Corp. are combining their WiMAX efforts to form a new $14.5 billion company, the two announced on Wednesday. They also said the new company would have 3G and 4G wholesale agreements with cablecos to bundle in Sprint’s wireless ...More
    May 7, 2008 Posted in News