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SEC Charges More Ex-Nortel Executives

Four more former Nortel Networks Corp. executives have been charged with accounting fraud. The U.S. Securities and Exchange Commission filed the charges Wednesday against Douglas Hamilton, vice president of finance for optics; Craig Johnson, vice president of finance for wireline; James Kinney, vice president of finance for wireless; and Kenneth Taylor, vice president of finance […]

Nokia Issues Warning About Bad Batteries

Nokia said Tuesday that millions of its cell phone batteries could potentially overheat. The warning applies to Nokia-branded BL-5C batteries manufactured by Japans Matsushita Battery Industrial Co. Ltd. between December 2005 and November 2006. Matsushita is one of several companies that produce more than 300 million BL-5C batteries. Nokia said 46 million batteries are included […]

Ex-Qwest Head Charged with Insider Trading

Federal prosecutors today charged ex-Qwest Communications International Inc. CEO Joseph P. Nacchio with insider trading. The government contended Nacchio took part in insider trading for sales of $100.8 million in Qwest stock between Jan. 2, 2001, and May 29, 2001. Each charge carries a maximum penalty of 10 years in prison and fines up to […]

Former Qwest CFO Charged with Insider Trading

Robin Szeliga, the former CFO of Qwest Communications International Inc., has been charged with one count of insider trading, federal prosecutors announced Thursday. Prosecutors allege Szeliga had information about her employers true operating performance and financial condition that was not disclosed to the public when she sold 10,000 shares of Qwest common stock, netting a […]

Airespring Offers International Super Dial

Airespring Inc. (Booths 300-302) is showcasing its new International Super Dial service, which is aimed at cutting the high costs of international wireless calling for consumers and giving agents additional opportunities to earn commissions on Airespring’s competitive international termination rates. "If you call internationally from a cell phone, it’s very expensive," says Daniel Lonstein, senior […]

Business News – DCA, MCSI Give Customers New Visibility

Posted: 07/2001 Business News DCA, MCSI Give Customers New Visibility By Chris Garifo A pair of exhibitors at the ASCENT 2001 Spring Conference and Exhibition, DCA Services Inc. (www.dcaservices.com), and Murphy Soft-ware Consulting Inc. (www.localaccess.com), are providing their respective customers with a greater sense of visibility.DCA Services, a provider of out-sourced billing and customer-care software, […]

Regulatory News – SBC Subsidiary Charged with Consumer Fraud

Posted: 03/2001 SBC Subsidiary Charged with Consumer Fraud Illinois Regulators Scrutinize Ameritech’s QoS Problems By Kim Sunderland The Illinois Commerce Commission (ICC, www.icc.state.il .us) recently found Ameritech Corp., a subsidiary of SBC Communications Inc. (www.sbc.com), guilty of fraudulent marketing of a controversial rate plan. The ICC subsequently banned Ameritech from marketing the plan, which the incumbent […]

Power Struggle

Posted: 10/1998 Power Struggle Electricity Resale Charged Decision for Telecom Companies This is a story about what almost was, isn’t yet and might yet be. By Ken Branson That many utilities companies have decided to get into the telecommunications business by one mechanism or another is news to no one. In fact, it isn’t news […]

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