• Nortel, Qwest Lead Tuesday's Telecom Stock Plunge
    Telecom stocks tumbled along with the rest of the market Tuesday, as the Dow closed down more than 500 points.Nortel (NT) lost 11 percent of its value, as did Qwest (Q). Ericsson (ERIC) dropped 10 percent.Nokia (NOK) was among the few that escaped the day ...More
    October 7, 2008 Posted in News
  • Pickering: Not Proud of GOP Treatment of Telecom Policy
    Rep. Chip Pickering, R-Miss., delivered an uncharacteristically un-Republican rebuke of the Bush administration’s penchant for telecom deregulation on Monday at the Fall 2008 COMPTEL PLUS Convention & Expo in Orlando, Fla. “I would grieve over all this work ...More
    October 6, 2008 Posted in News
  • Convergys Acquires Ceon Corp.
    Convergys Corp. (CVG) has announced it’s expanding the breadth of its Business/Operations Support Systems (BSS/OSS) solutions available to clients through the acquisition of Ceon Corp.The new capabilities enable Convergys clients to more effectively manage their ...More
    October 6, 2008 Posted in News
  • Monday’s Telecom Stocks Freefallin’
    Can’t help but hear Tom Petty when we watch the stock market these days. And on Monday morning, the only tune in our heads was “Free Fallin’.”On the first business day after President Bush signed the $700 billion Wall Street bailout bill, the Dow ...More
    October 6, 2008 Posted in News
  • Verizon: We’re Still Buying Alltel
    Verizon Communications Inc. (VZ) shares were down in early morning trading Monday as speculation hit the company that it might not be able to go through with its planned Alltel Corp. acquisition. On Friday, a Fitch Ratings analyst released a note questioning ...More
    October 6, 2008 Posted in News
  • Union to Qwest: Thanks, But No Thanks
    Qwest Communications International Inc. (Q) union workers have rejected a proposed new contract.The news broke Tuesday evening and company executives, according to media reports, are baffled. That’s because Qwest and the union struck a three-year deal in August, ...More
    October 1, 2008 Posted in News
  • Market Meltdown: Equipment, Software Vendors to Suffer Most
    When the Dow dropped its worst-ever 777 points this week, it dragged with it stocks of every kind – except shares of Campbell’s Soup. (After all, what tastes better after a horrible day than comfort food?) The recession that’s been threatening to hit will ...More
    October 1, 2008 By Kelly Teal Posted in Articles
  • Actelis Hires Manuele as New Sales VP
    Actelis Networks has hired Joe Manuele as its new vice president of worldwide sales and customer service.Manuele's responsibilities will include overseeing Actelis' channel operations, which include worldwide partners that meet the needs of customers across Europe, Asia, ...More
    September 29, 2008 Posted in News, Ethernet/ MPLS
  • Judge Gives Thumbs-Up to Motorola, Zander Suit
    Thank you, human frailty. You ensure job security for business journalists everywhere. This time the credit goes to Ed Zander, the former Motorola Inc. (MOT) CEO who helped the company topple from No. 1 in the handset market to wherever it is now. A federal judge is ...More
    September 26, 2008 Posted in News
  • Martin’s FCC Hurries to Tackle Wireless Mergers
    The Bush administration is revving up to make its mark before the administration changes hands, and communications is one of its target areas. ...More
    September 26, 2008 Posted in News