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Motorola Earnings Plunge to 1 Cent Per Share

Motorola Inc. released its second-quarter earnings Thursday morning, and results were as dismal as the company and analysts had projected. Motorola posted a loss of $28 million, or 1 cent per share, compared with net income of $1.38 million, or 55 cents per share, a year earlier. The second-quarter results included charges related to job […]

RCN to Buy NEON for $260 Million

Virginia-based RCN Corp. said on Monday it will buy NEON Communications Group for up to $5.25 per share in a deal totaling approximately $260 million. Both companies boards have approved the acquisition, which should close in the fourth quarter. RCN is one of several CLECs that offers video services, along with voice and data. It […]

iTEMize Technologies Simplifies TEM for the Small to Midmarket

iTEMize has been in the TEM space for more than five years and launched its channel program in September 2006. The company focuses primarily on the small to midmarket ($5,000 to $500,000 per month in telecom spend). Sold as a subscription-based SaaS application, iTEMize was specifically designed and priced with agents in mind in order […]

WHAT’S NEW

GlobalTouch Offers Private-Label Prepaid VoIP VoIP provider GlobalTouch Telecom Inc. unveiled a hosted, prepaid VoIP platform, offering MSO, carrier, PTT, reseller and ISP customers a private-labeled turnkey application with built-in scalability. Features include call forwarding, three-way calling, caller ID, call waiting and instant voice mail to e-mail. There also is a real-time billing engine, Web-based […]

ShoreTel Adds New Applications

ShoreTel Inc. has added two applications NetSuite Integration Application and Cost Recovery Integration. NetSuite Integration automatically links incoming calls to existing customer records and sends new customers to a new record creation screen. Users can attach call notes to customer records, which are accessible from anywhere at anytime by others in the business. The Cost […]

Alcatel-Lucent Net Drops

Alcatel-Lucent posted a net loss 8 million euros, or $10.8 million, during the first quarter mostly because of the companys $11 billion dollar merger. The French-American equipment maker reported first quarter net income of 199 euros ($268 million), or 9 cents per European share, compared with 306 million euros, or 13 cents per share, during […]

Cisco Net Profits Rise 34%

Cisco Systems Inc. posted a 34 percent rise in net profit for its fiscal third quarter, which ended April 28. The company said businesses and phone companies bought more equipment to accommodate increasing Internet traffic. Cisco said its net income rose to $1.9 billion, or 30 cents per share, from $1.4 billion, or 22 cents […]

Time Warner Telecom Closes Gap on Quarterly Losses

Colorado-based Time Warner Telecom Inc. improved its losses during the first quarter of 2007, the second straight quarter it has reported earnings since buying Xspedius Communications. The CLEC on Wednesday posted a net loss of $13.8 million, or 10 cents per share, as compared to a loss of $22.3 million, or 19 cents per share, […]

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. […]

Training Camp

By Peter Radizeski, RAD-INFO Since BellSouth was taken over by AT&T, BellSouth Authorized Agents have had to put in more than 50 hours on training and testing to be able to sell across the AT&T portfolio and across the country. That’s a lot of time and effort, but you get to expand from nine states […]

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