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Level 3 Stocks Drop on CFO News

Level 3 Communications Inc. shares fell nearly 9 percent by early afternoon on news that the company is looking for a new CFO. Level 3s stock was trading for $4.47, down 8.78 percent from the opening price of $4.75. CEO James Crowe said CFO Sunit Patel will remain with Level 3 during the transition period. […]

Ask Steve

What do SMBs Want? Ask Yankee Group analyst Steve Hilton. Send your questions to asksteve@yankeegroup.com. Please include your name, city, state and a phone number. Only first names and locations will be published. With apologies to the hip-hop trio Salt-N-Pepa, lets talk about debt, baby. On that lyrical note, this month in Ask Steve we […]

Palm Introduces Centro

Palm Inc., hoping to regain footing in the smartphone field, introduced a new, inexpensive device on Thursday. The Centro is listed at $99.99, making it the least expensive smartphone. It will share the operating system and many of the same features as the companys Treo, including e-mail and Web access, video, music, a touchscreen and […]

TelePacific to Surpass 1 Million Installed Lines

L.A.-based U.S. TelePacific Communications (Booth 205) said it soon expects to surpass the 1 million mark in access line equivalents. TelePacific has been able to achieve this landmark with the help of its agent channel, said Justin Chris-Tensen, vice president of the agent channel. The Telepartners contribute more than 40 percent to the companys growth. […]

Bandwave Systems To Resell Verizon

Bandwave Systems (Booth 122) announced recently that it will market the Fiber Traffic Aggregation Service (FTAS) from Verizon Internet Services Inc. to commercial clients throughout the Verizon footprint with the help of its channel partners. Bandwave has rebranded its FTAS product as Fiber Connect. It is delivered over the same network as FiOS, Verizons fiber-based […]

VoIP Inc. Expands National Network Infrastructure

VoIP Inc., a leading provider of turnkey VoIP communications solutions for service providers, resellers and consumers worldwide, announced that it has doubled the size of its existing national network infrastructure to accommodate additional customers and increased traffic. In addition, this expansion includes the further build out of the company’s own facilities, which replace and expand […]

PAETEC to Grow Yet Larger Through McLeodUSA Deal

Folks thought something was awry when McLeodUSA Inc.s silent period leading to what wouldve been its second IPO dragged on for months. Then news came today that the privately-owned CLEC is to be bought by PAETEC Holding Corp. in an all-stock merger worth $557 million. The deal, which consists of $492 million in PAETEC common […]

Broadvox Releases GO! SIP Trunking

Broadvox said Tuesday it has added Broadvox GO! SIP Trunking to its product line. Broadvoxs SIP trunking product includes E911, DIDs and local number portability allowing businesses to keep their current phone numbers. The company said it also has network market coverage in the United States and Canada that exceeds 90 percent. Broadvox said the […]

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 […]

Gartner: Worldwide Communications-as-a-Service Revenue to Total $252 Million in 2007

The market for communications as a service (CaaS) has started relatively slowly as providers determine how to define, package and market service as a value-added Internet protocol (IP) telephony offering, according to Gartner, Inc. Worldwide CaaS is projected to total $251.9 million in 2007, a 37.6 percent increase from last year. The market is expected […]

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