restructuring

 

Microsoft Restructuring Not Necessarily for the Better

It remains to be seen if Microsoft’s new restructuring plan will help it become more competitive against Google and Apple, but at least one industry insider is skeptical that this will improve the Redmond, Wash.-based software giant’s position.

PNG Restructures for All-Business Focus

PowerNet Global (PNG), a service provider based in Cincinnati, announced Monday it has begun to restructure its organization and workforce to focus on business, rather than residential opportunities going forward. The change will have no impact on the company’s current residential customers nor its indirect sales agents selling into the residential market, the company said. […]

Moto to Spin Off Device Unit What Now?

After weeks of rumblings around the rumor mill, Motorola Inc. did what many think it should have a while ago: announced it is separating its devices business from its Broadband and Business Mobility division (in English, thats the infrastructure side of the house). Both will be standalone, publicly traded companies. Investors were huzzah-ing, with Motorolas […]

AT&T Restructures SMB Partner Program

In keeping with a new mandate to move from a regional to a national structure, AT&T Inc. also is reorganizing its partner program focused on small and midsized business accounts, PHONE+ learned at the Channel Partners Conference & Expo. The change in corporate strategy was announced last week internally, but there was no press release. […]

Nortel Posts $37 Million Loss

Nortel Networks posted a second-quarter loss on Thursday. The company reported a $37 million loss, or 7 cents a share, compared with a net income of $342 million, or 79 cents a share a year earlier. That number was inflated by a $510 million legal settlement. Nortel said the net loss in the second quarter […]

Pac-West Files Bankruptcy

Wholesale service provider Pac-West Telecomm Inc. said on Tuesday it has filed for Chapter 11 bankruptcy. The company has watched revenue from ISPs continue to decline as it simultaneously has spent millions building out its network. It also sold its retail business to TelePacific Communications in March 2005, eliminating another revenue stream for Pac-West. Pac-West […]

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