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Trinsic Loses $6.9 Million in Revenue During Second Quarter

Trinsic Inc., the former Z-Tel Technologies Inc. that has relied heavily on UNE deals to provide its services, reported a $6.9 million drop in revenue for the second quarter of 2006. The CLEC also suffered a net loss of $2.8 million, or 15 cents per share, compared with a net loss of $3.3 million, or […]

BellSouth Net Income Up 11.6 Percent

One business day after securing enough shareholder votes to approve a merger with AT&T Inc., BellSouth Corp. on Monday released its second-quarter 2006 earnings, showing net income growth of 11.6 percent, from $795 million to $887 million, over the year-ago quarter. The company reported an increase in earnings-per-share from 43 cents to 49 cents, or […]

CoolPrepaid.com Introduces New Prepaid Phone Service

CoolPrepaid.com today announced the availability of CoolPrepaid.com Motorola Inc. phones, with what the company says is the lowest U.S. and international flat rates of any U.S. provider. Available in Sears stores nationwide, and on the Cingular Wireless network and at www.coolprepaid.com, CoolPrepaid.coms low rates include a per-day access fee of 30 cents, U.S. rates of […]

My Two Cents on Offsetting Postal Rate Hikes

SINCE JAN. 8 OF THIS YEAR, we have all had to come up with two extra cents to send a piece of mail. On a personal level, spending a couple pennies is not too much money for reliable mail delivery. However, this years 5.4 percent rate increase for U.S. Postal Service First-Class Mail greatly impacts […]

Verilink Faces Nasdaq Delisting

Verilink Corp., which makes products that help ILECs, CLECs, IXCs and other carriers build converged access networks, is in danger of losing its Nasdaq listing. The trading network said Verilinks stock has sold for less than the minimum $1 requirement for the last 30 trading days. Verilink has until July 10 to regain compliance. The […]

MobileSphere Launches International LD for Mobilecos

MobileSphere has launched CarrierILD, an international long-distance service for MVNOs and wireless carriers. MobileSphere is using softswitch technology and its global network to provide integrated international calling services to wholesale clients. MVNOs and wireless carriers are grappling with how to provision international calling capabilities at competitive rates, says Gavin Macomber, executive vice president of marketing […]

Alltel Plans to Buy Midwest Wireless

Rural wireless operator Alltel Corp. said today it will buy privately held Midwest Wireless Holdings Inc., gaining 400,000 customers in southern Minnesota, northern and eastern Iowa, and western Wisconsin. Alltel will pay $1.075 billion in cash for Midwest Wireless licenses, customers and network assets, which include 1.9 PCS spectrum. Alltels stock fell 11 cents on […]

IDT Launches Latino MVNO

IDT Corp. has rolled out TúYo Mobile, a wireless product tailored for Latinos. The prepaid service offers low rates for direct international calling, downloadable Latino ringtones and graphics, and a proprietary calling card feature allowing international calling from any phone using their TúYo balance. The offer is fully bilingual, including customer service, packaging, handset menu […]

Oblio Set to Debut MVNO

Another MVNO is entering the market, relying on the network of a Tier 1 operator to launch its pay-as-you-go wireless service that will target immigrants from Africa, Asia, Europe and Latin America.Oblio Telecom Inc. is calling its MVNO, which is set for introduction next month, BRAVO Wireless. Oblio is a unit of Ventures-National Inc., which […]

MCI Returns to Profitability

MCI Inc. said today it returned to profitability in the second quarter of 2005. The company, which is being acquired by Verizon Communications Inc., had net income of $64 million, or 19 cents per share. That compares to a net loss of $71 million a year earlier, or 22 cents per share. Sales fell 10 […]

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