third quarter

 

Verizon Earnings Down 34 Percent

Verizon Communications Inc. said Monday third-quarter net-income fell 34 percent compared to a year ago in large part because of a tax charge, but the teleco did post higher sales. Verizon earned $1.27 billion, or 44 cents a share, compared with $1.92 billion or 66 cents a share for the third quarter in 2006. The […]

AT&T 3Q Profits Nearly Double

AT&T Inc., the nations largest telecom company, on Tuesday reported third-quarter profits of $3.1 billion, or 50 cents per share. Thats compared to $2.2 billion during the same period a year ago; however, shares at that time totaled 56 cents apiece because there were fewer shares outstanding. Revenue nearly doubled from the third quarter of […]

ITC^DeltaCom Grows Revenue, Cites Wholesale Pressure

Posted: 12/2003 ITC^DeltaCom Grows Revenue, Cites Wholesale Pressure ITC^DeltaCom Inc.’s third-quarter revenue in its wholesale communications unit continued declining as the company increased overall sales. Overall, ITC^DeltaCom says third-quarter revenue increased 7.1 percent to $108.1 million over the period a year ago. The company says its retail operations represented 78.8 percent of total sales, with […]

BellSouth to Discontinue Wholesale Operations, Close Internet Access Point

BellSouth Corp. on Tuesday said it would discontinue wholesale long-distance operations on the West Coast and in the United Kingdom, close part of its international wholesale and resale businesses and shut down its Multimedia Internet Exchange as well as its web-hosting e-Business Centers in the Southeast. On the West Coast and overseas, BellSouth has bought […]

Wholesale: Verizon Axes NorthPoint Merger

Posted: 01/2001 Verizon Axes NorthPoint Merger By Josh Long Verizon Communications hoped to conceive a broadband giant after announcing plans last summer to merge its DSL assets with NorthPoint Communications, Inc., in 2001. The deal could have propelled NorthPoint (www.northpoint.com) into profitability as the new broadband company was expected to begin operations with 600,000 DSL […]

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