Verizon Poised to Win $9.5 Billion Case

Idearc, now dba SuperMedia Inc., claims that Verizon essentially dumped the business, knowing that it was in trouble and saddling it with $9 billion in debt.

Nortel Spinoff Makes Good

As Nortel Networks eyes spinoffs of its enterprise and wireless units, one former Nortel entity is making good with a $114 million sale to a U.S. private equity firm. That makes it worth more than Nortel itself. Thoma Bravo LLC struck a deal this week to buy Entrust Inc., a security software firm that began […]

Time Warner, AOL Split Draws Near?

Time Warner (TWX) may be closer to splitting off America Online. In an SEC filing Monday, TW wants bondholders to vote on an exchange of more than $12 billion in debt guarantees to HBO, a Time Warner unit. That would open the door for the transfer of AOL assets. AOL has faced challenges for several years. […]

Microsoft Spinoff Aims to Change Mobile Web Use

Microsoft Corp. has launched an independent company with the goal of changing the way people use the Internet with mobile devices. ZenZui will help cell phone users set a personal interface that lets them link directly to their favorite spots on the Web. The companys Zooming User Interface initially was developed by the Microsoft Research […]

Sprint Nextel Names Board of Directors for Local Spinoff

As it prepares to spin off a local telecom company, Sprint Nextel Corp. today named the board of directors to oversee that business. Their appointments will not become effective until the new division launches, a move that is expected to take place in the second quarter of this year. Sprint has designated the following people […]

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