loss

 

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 […]

Intec Launches Intec CEMS for Revenue Assurance

Intec Telecom plc has announced the Intec Centralized Error Management System (Intec CEMS) for telecom operators, aimed at cutting revenue losses by reducing error volumes, lowering the costs of managing errors and recovering revenue from unbilled usage and service order errors. Intec CEMS addresses errors between the services supplied to or ordered by customers, and […]

Covad Improves Losses

Covad Communications Group Inc. on Thursday reported a first quarter 2006 net loss of $9.3 million, or 3 cents per share, up from the companys net loss of $26.8 million a year previously. The results also are an improvement from the $17.9 million net loss, or 7 cents per share, the company recorded for the […]

AT&T Posts $520 Million Income

AT&T Corp. on Friday reported net income of $520 million, or 64 cents per share, for the third quarter of 2005, compared to a net loss of $7.1 billion, or loss per share of $8.99, during the third quarter of 2004. The company is nearing its sale to SBC Communications Inc., making this third quarter […]

Qwest Cost-Cutting Lowers Losses

Qwest Communications International Inc. today reported a lower loss in earnings than compared to the second quarter a year ago, crediting cost-cutting for the better results. The fourth-largest U.S. phone company showed a loss of $164 million, or 9 cents per share, as compared to last years second-quarter decline of $776 million, or 43 cents […]

eLEC Revenue Doubles but Company Posts Loss

Although its revenue more than doubled year over year for the first six months of 2005, eLEC Communications Corp., a CLEC offering VoIP services for businesses and consumers, has reported a net loss of $1.7 million, or 10 cents per share, for the first six months of fiscal 2005, ended May 31, 2005. The results […]

i2Telecom Reports Losses

i2Telecom International Inc., maker of the VoiceStick, has released its first quarter earnings results. Net loss for the first quarter of 2005 totaled $2 million, or .06 per share, compared to a net loss of $1.5 million, or .24 per share, a year earlier. i2Telecom attributes the increased losses to higher sales and marketing expenses […]

XO Reports Results, Assesses Strategic Alternatives

XO Communications Inc., a national telecommunications provider, on Monday announced a 39 percent spike in first-quarter revenue and said it was examining strategic alternatives amid industry consolidation. Revenue rose year over year from $260.9 million to $361.5 million, while XO reported a net loss of $42.9 million, down from a loss of $48.5 million in […]

XO Records Impairment Charge in Results

XO Communications Inc. on Friday reported an annual net loss of $405.6 million on revenue of $1.3 billion. The Reston, Va., national telecommunications carrier said revenue of $369.4 million in the fourth quarter rose 42 percent over the period a year ago, but XO recorded a quarterly loss of $271.4 million. The loss was due […]

Globix and NEON Communications Merge

Globix Corp., a public company providing managed applications and hosted services to businesses, on Tuesday announced completing the acquisition of NEON Communications Inc. Westborough, Mass.-based NEON provides optical networking to carriers and large enterprise customers in the Northeast and mid-Atlantic regions. The new company has approximately 1,500 customers and generated combined revenue last year of […]

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