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Cisco Net Profits Rise 34%

Cisco Systems Inc. posted a 34 percent rise in net profit for its fiscal third quarter, which ended April 28. The company said businesses and phone companies bought more equipment to accommodate increasing Internet traffic. Cisco said its net income rose to $1.9 billion, or 30 cents per share, from $1.4 billion, or 22 cents […]

Time Warner Telecom Closes Gap on Quarterly Losses

Colorado-based Time Warner Telecom Inc. improved its losses during the first quarter of 2007, the second straight quarter it has reported earnings since buying Xspedius Communications. The CLEC on Wednesday posted a net loss of $13.8 million, or 10 cents per share, as compared to a loss of $22.3 million, or 19 cents per share, […]

Sprint Posts $211 Million 1Q Loss

Sprint Nextel Corp., which has been struggling to keep wireless subscribers, on Wednesday reported that it lost $211 million, or 7 cents per share, during the first quarter. Thats compared to profit of $417 million, or 12 cents per share, a year ago. The financial losses translated into fewer customers, as well. Sprint Nextel said […]

Level 3 Losses Widen

Level 3 Communications Inc. lost $647 million, or 44 cents per share, in the first quarter of 2007, compared to $168 million, or 20 cents per share, a year ago. The telecom carrier attributed the nearly quadruple gap in part to the refinancing of $3 billion of long-term debt, an effort that cost $427 million. […]

US Conferencing Touts Rock-Bottom Buy Rate

Throughout 2007, agents will receive a drastically reduced buy rate for the first 90 days, no matter when an account is signed, US Conferencing (Booth 617) announced at the Spring 2007 Channel Partners Conference & Expo. The promotion applies to US Conferencings reservationless audio and integrated Web/audio services. The discounted rate is 2.9 cents on […]

Qwest Reports Higher Fourth Quarter Profits

Qwest Communications International Inc. on Thursday reported a fourth-quarter profit of $194 million, or 10 cents per share, compared to a $528 million loss, or 28 cents per share, a year earlier. Qwest made headway thanks in part to an increase in Internet subscriptions it added more than 165,000 high-speed lines in the third quarter. […]

Wireless, DSL Boost AT&T Profits

AT&T Inc.s fourth-quarter profits rose 17 percent thanks to increases in DSL and wireless subscribership. The companys net income grew to $1.94 billion, or 50 cents a share, up from $1.66 billion, or 46 cents a share, from the same quarter a year earlier. AT&Ts revenue rose 23 percent to $15.9 billion. AT&T gained full […]

AT&T Reports Higher-Than-Expected Earnings

AT&T Inc. beat analysts expectations with its third-quarter earnings as its net profits rose to 63 cents per share, compared to 47 cents a year earlier. The companys net income was $2.2 billion, up 73.8 percent versus $1.2 billion in the third quarter of 2005. Earnings totaled $2.4 billion, up 58.2 percent, compared to the […]

US Conferencing Showcases Master Agent Program

US Conferencing (Booth 117), a reservationless audio and Web conferencing service, which provides automated conferencing 24/7 without the need to ever make reservations or rely on an operator, announced it is showcasing its master agent program at the Channel Partners Conference & Expo. Billing itself as the last master agent program you will ever need, […]

TMC Announces Sub-Penny Flat Rate on Voice T1s, Value-Adds for Agents

TMC Communications (Booth 707) has announced new lower voice T1 rates on three of its underlying carrier networks, providing TMC agents with a sub-penny flat rate to sell and commissions up to 35 percent and commissions on loops up to 20 percent. TMC has renegotiated contracts with Broadwing Communications (Booths 212-214) and Qwest Communications International […]

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