losses

 

Network Downtime Can Get You Fired

A new survey shows that four of every five companies lose revenue when their network goes down, and worse yet — one in five has fired an IT employee as a result.

Sprint’s Whopping $1.6 Billion Loss Is ‘Well-Timed Pain’

Sprint may be hemorrhaging customers and losing a lot of money, but so far it’s not having any impact on SoftBank, the Japan-based company that just bought more than two-thirds of America’s third-largest wireless operator for more than $20 billion.

Level 3 Slashes Losses, But Revenue Slips

Core network services revenue last quarter grew 2.4 percent year over year and 0.9 percent from the previous quarter. Enterprise core network services revenue was up 7.1 percent from a year ago.

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