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Stevens Lampooned on TV, Internet

Sen. Ted Stevens, R-Alaska, is having an interesting week on the World Wide Web, from being satirized on a MySpace.com page to being lampooned by comedian Jon Stewart in a highly circulated clip from The Daily Show. Stevens has been at the forefront of telecom law reform and during hearings earlier this year on net […]

Lucent Wins Auction for Riverstone Business

Riverstone Networks Inc. announced Lucent Technologies as the winner of the auction for the sale of Riverstone’s business. Lucent’s final bid was $207 million in cash, as well as certain modifications to the Asset Purchase Agreement originally signed by the parties on February 7, 2006. The terms are subject to final approval by the U.S. […]

Carrier Channel: SEC: WorldCom Execs Concealed Glut, Investigators Say

Posted: 7/2003 WorldCom Execs Concealed Glut, Investigators Say By Josh Long WorldComs Bernie Ebbers It is a familiar story. In 2000, ailing carriers sought to topple their rivals by undercutting them on price because most of the worlds network capacity was underutilized. WorldCom Inc. was not immune to the pressure: Line costs, which represented about […]

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