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. […]

TEM Provides Key to Long-Term Clients, Prosperity in Converged World

If you are relying on your inside relationships to keep you in good stead with your clients while delivering commodity network services, your preferred vendor status could be in jeopardy. Telecom expense and facilities management services can help you prove your value every day, and thats what panel participants will discuss today during the Counting […]

SBC to Keep Using Wholesaler WilTel

WilTel Communications and SBC Communications Inc. said today they have extended their relationship by signing a new master services deal good through 2009. WilTel, the Oklahoma-based wholesale carrier, earlier this year feared it could lose business with its biggest customer SBC if the No. 2 local phone company bought AT&T Corp. Fitch Ratings even had […]

BellSouth, Granite Sign Long-Term Commercial Agreement

BellSouth Corp. and Granite Telecommunications (Booth 323) announced theyve signed a long-term commercial agreement for the provisioning of wholesale local phone services throughout the nine-state BellSouth region in the Southeast. The deal brings to 22 the number of commercial agreements BellSouth has signed with its wholesale customers. Granite executives say they have signed similar contracts […]

Carrier Channel: Tricks of the Trade: Accounting for Swaps

Posted: 09/2002 Tricks of the Trade: Accounting for Swaps By Josh Long SHARE PRICES FOR QWEST Communications International Inc. plummeted to a record low in late July following the latest accounting scandal to rock the embattled telecommunications sector. The Denver-based company, which is being investigated by the Securities and Exchange Commission and U.S. Attorney’s Office, […]

Stock Watch – Market Climbs on Long-Term View

Posted: 07/2001 Stock Watch Market Climbs on Long-Term View The Federal Reserve’s rate cut of 50 basis points announced on the last day of our trading session (May 15) failed to rally Wall Street, but the more positive outlook on the economy gave a boost to the market. The rate cut, the fifth this year, […]

Telecommodities Indices – Long-Term Downward Trend in Bandwidth pricing Seems Back on Track

Posted: 06/2000 Long-Term Downward Trend in Bandwidth pricing Seems Back on Track The RTBX*RPI has tracked the current weighted average price of coast-to-coast DS-3 pricing since July 1998.During that time, bandwidth pricing has decreased more than 55 percent from $60,000 to its current level of $26,988.The bandwidth index took a brief upturn during January and […]

Business News – ICG, Qwest Sign Multiple Long-Term Network Agreements

Posted: 09/1999 ICG, Qwest Sign Multiple Long-Term Network Agreements Englewood, Colo.-based ICG Communications Inc. has announced that Denver-based Qwest Communications International Inc. will purchase in excess of 100,000 ports of ICG’s Remote Access Service (RAS). Under terms of the five-year agreement, ICG will install at least 80,000 new RAS ports for Qwest on ICG’s nationwide […]

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