monday

 

Forsee Out as Sprint CEO

Gary Forsee, chairman and CEO of Sprint, resigned on Monday. The news came about a week after several media outlets cited anonymous sources who said the move was imminent. Forsee has come under fire from board members for Sprints ailing financials. Indeed, Sprint lowered its financial forecast for the current quarter, saying revenue would fall […]

Vonage Settles With Sprint

Vonage Holdings Corp. on Monday said it will settle its patent dispute with Sprint Nextel Corp. by paying $80 million and licensing the technology it was found guilty of illegally using. Vonage lost another patent infringement suit two weeks ago. The IP telephony company now says it’ll pay $35 million for past use of Sprint’s […]

Virgo Acquires Billing & OSS World Magazine, Trade Show

Virgo Acquires Billing & OSS World Magazine, Trade Show Virgo Publishing LLC, the publisher of xchange and PHONE+ magazines, said Monday it has acquired the Billing & OSS World trade show and conference and Billing World and OSS Today magazine from TeleStrategies Inc.

Apple Sells 1 Millionth iPhone

Apple Inc. said Monday it sold its 1 millionth iPhone over the weekend. The company said on its Web site the milestone was achieved on Sunday, 74 days after the launch of the device. The iPhone debuted to much fanfare June 29. In comparison, Apple said, it took two years to sell its 1 millionth […]

Lessons From the U.S. Open

By Peter Radizeski, RAD-INFO The outer courts have some great matches. Cheering crowds. Many languages. Tight competition. These are the hungry competitors. At Arthur Ashe Stadium on Monday night, the Williams sisters destroy their opponents quickly. In comparison, the VoIP providers and the CLECs are the competitors (at least some of them). Battling to make […]

Motorola Subsidiaries File Suit Against Aruba Technologies

Motorola Inc. Said Tuesday its subsidiary companies Symbol Technologies Inc. and Wireless Valley Communications Inc. have filed a patent infringement lawsuit against Aruba Networks Inc. The lawsuit, filed Monday in a Delaware court, addresses claims that Aruba infringed one patents related to WLAN communication technologies. Two of the patents relate to WLAN switching architecture technology. […]

VAR Resources Reaches Milestone of 15,000 Customers

VAR Resources Inc. said Monday it has reached 15,000 customers. The company, which was founded more than 17 years ago, said it has grown in providing financial solutions to the information technology sales channel. With a consultative approach to financial services, VAR Resources is able to approve more than 90 percent of all SMB transactions, […]

Verizon Reports 4.5% Earnings Growth

Verizon Communications Inc. on Monday reported second-quarter earnings that came in 4.5 percent higher than a year ago. The nations second-largest phone company attributed the increase to growth in its wireless division. Verizon earned $1.68 billion, or 58 cents per share, up from $1.61 billion, or 55 cents per share, in the second quarter of […]

ATCOM Adds Senior Application Consultant

William Kelly has joined ATCOM Business Telecom Solutions as senior application consultant, the company said Monday. Kelly will be responsible for new acquisition and increasing awareness of the company to bring in new customers, ATCOM said. He has more than 17 years of industry experience, and has worked as a sales manager, regional manager and […]

Junction Hosted PBX Passes 1,000 Mark

Junction Networks said on Monday more than 1,000 customers now use its hosted IP PBX. The product targets small businesses. Users only pay for minutes used and get access to features including remote office connections and unlimited extension-to-extension calling. Junction distributes its software through resellers. Junction Networks www.junctionnetworks.com

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