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XO Lowers Losses

XO Holdings Inc. reported Thursday that it lowered its net loss by more than 50 percent during the first quarter compared to the same time last year. The companys net loss was $20.6 million during the first quarter. It was $43.7 million in 2006. XO reported its revenue at $348.5 million compared with $349.6 million […]

XO Reports Fourth Quarter Growth, Reduces Yearly Losses

XO Holdings Inc. boosted revenue and narrowed losses during the fourth quarter of 2006, mainly due to demand for its data and IP services. The company also improved its yearly losses from 2005. The parent company of XO Communications LLC and Nextlink Wireless Inc. released its latest earnings numbers on March 16 after the stock […]

XO Reports First Quarter Losses

Despite strong growth in commercial and wholesale IP services, XO Holdings Inc. this week reported first quarter 2006 losses of $43.7 million. XO Holdings operates XO Communications LLC, which runs the wireline business, and Nextlink Wireless Inc., the wireless division. The company posted $349.7 million in revenue and a net loss of $43.7 million. The […]

Verizon Profits Fall, Sales Increase

Merger costs lowered Verizon Communications Inc.s profit during the first quarter of 2006, the company reported on Tuesday, but wireless sales boosted its sales numbers. Verizons acquisition of long-distance carrier MCI Inc. in January contributed to the RBOCs 7.1 percent earnings loss from the first quarter of 2005. First quarter 2006 earnings totaled $1.63 billion, […]

TelCove Continues to Expand Network Reach and Density

TelCove (Booth 1411), a leading provider of business critical telecommunications services to enterprise customers and carriers, experienced extensive network growth throughout 2005. TelCoves Carrier Server group, which offers a broad array of wholesale service products, now offers carrier customers significantly more reach and coverage across TelCoves 70 interconnected markets. TelCove expansion includes: Total markets served, […]

Qwest Reports Smaller Losses, Announces Shareholder Settlement

Qwest Communications International Inc. narrowed its losses in the third quarter of 2005, reporting a small increase in revenue at $3.5 billion, compared to $3.45 billion a year earlier. Its operating expenses totaled $3.3 billion, a decline of 9 percent, or $326 million, compared to the third quarter of 2004. Overall losses came to $144 […]

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 […]

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 […]

Hip-Hop Hotline

Posted: 2/2004 Hip-Hop Hotline Rapper Jay-Z’s new Black Phone Rapper and hip-hop artist Jay-Z is capitalizing on the customized cell phone craze by working with Nokia to produce a special edition of the Nokia 3300 music phone called the Black Phone, which comes preloaded with Jay-Zs recently released Black Album on a multimedia card for […]

NOT NECESSARILY NEWS

Posted: 07/2002 Overheard… "I said, ‘I am not sure you can deliver a pizza in 30 minutes.’" … during the May ASCENT 2002 Conference & Expo in Las Vegas, commenting on a claim by Enron Corp. executives that they could deliver bandwidth around the world in 30 minutes. –Brent Wilkens, managing director, Cantor Fitzgerald Telecom […]

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