Financial


  • Selling in a Slowdown: Industry Leaders and Analysts Debate the Impact of an Economic Downturn on Telecom
    Reality is a stark and constant ghoul. Oil is topping $100 per barrel. The subprime mortgage collapse has seeped into the rest of the economy. As foreclosures mount, carriers and cablecos lose millions of dollars because customers can’t pay their bills. Now ...More
    April 1, 2008 By Kelly Teal Posted in Articles
  • Selling in a Slowdown: Agents Help Customers Control Telecom Spend
    As the economic forecast predicts more doom and gloom, customers will want to take control of their telecom spend. AOTMP’s Telecom Expense Management Market Landscape from Fall 2007 found that 71 percent of enterprises are seeking to reduce their telecom expenses. ...More
    April 1, 2008 By Cara Sievers Posted in Articles
  • Platinum Equity, Covad Deal Set to Close
    Platinum Equity’s purchase of Covad Communications Group should close in the middle of next month. The FCC and a number of state public utility commissions have approved the proposed $304 million buyout. Platinum Equity is paying $1.02 per share. The companies expect to ...More
    March 28, 2008 Posted in News
  • Stocks Mixed on Cable, Sprint WiMAX Reports
    Investors had mixed reactions Wednesday to news that Comcast Corp. and Time Warner Cable Inc. plan to fund a WiMAX venture that Sprint Nextel Corp. and Clearwire Corp. would run. At about 12:30 p.m. Eastern, stock in Comcast and Time Warner Cable had dropped. Comcast shares ...More
    March 26, 2008 By Kelly Teal Posted in News
  • Moto to Spin Off Device Unit … What Now?
    After weeks of rumblings around the rumor mill, Motorola Inc. did what many think it should have a while ago: announced it is separating its devices business from its Broadband and Business Mobility division (in English, that’s the infrastructure side of the house). Both ...More
    March 26, 2008 By Tara Seals Posted in News
  • deltathree Kicked Off Nasdaq
    Nearly a month after reporting a $5.2 million quarterly loss, deltathree Inc. said it’s being delisted from the Nasdaq. deltathree stock should move to the OTC Bulletin Board on March 28 but that has not been confirmed, the company said on Tuesday. deltathree is a wholesale ...More
    March 25, 2008 Posted in News, Voice over IP (VoIP)/IP Telephony
  • FCC: No More Exclusive Telecom Deals in Apartments
    The FCC has banned exclusive telecom services contracts in apartments and other multitenant buildings. Commissioners passed a similar order against exclusive cable video deals in Oct. 2007. FCC commissioners late last week unanimously agreed that exclusive agreements ...More
    March 24, 2008 Posted in News
  • Sprint Creates Wholesale Position to ‘Strengthen Innovation’
    Steven Elfman has been named president of network operations and wholesale for Sprint Nextel Corp. The position is a new one at Sprint. Starting May 4, Elfman will oversee the network and IT organizations, as well as the wholesale division. That unit is run by Jim ...More
    March 24, 2008 Posted in News
  • CLECs Fight Verizon’s RI Forbearance Petition
    The FCC wants feedback on a motion to dismiss or reject Verizon Communications Inc.’s latest forbearance petition. Initial comments are due April 7; reply comments are due April 14. Verizon is requesting the very relief it didn’t get last year in six Northeastern markets. ...More
    March 24, 2008 By Kelly Teal Posted in News
  • O’Hara’s Departure Paves Way for Change at Level 3
    Level 3 Communications Inc. is trying to fix its integration problems with a management shakeup and deeper attention to systems assimilation, say analysts, but whether the strategy works won’t be known for at least six months. But if the Colorado-based carrier makes the ...More
    March 19, 2008 By Kelly Teal Posted in News