IP equipment maker ShoreTel has signed Black Box Corp. as a new distributor. ShoreTel earlier this year scored CDW as a new VAR partner and, this week, also added Black Box Corp. to its channel roster. Black Box builds and maintains voice and data networks across the globe. Its the company that, last year, bought […]
Haini Whittington, a member of World Telecom Groups partner support team, has been promoted to partner support supervisor. Whittington now is responsible for overseeing five partner support representatives (PSRs) and the flow of pricing requests that our agents enter into PartnerEdge, WTGs automated sales processing and tracking software. WTG has added three PSRs to its […]
Cisco Systems Inc. saw a 25 percent rise in profit in its fourth quarter of 2007 as customers spent more money, the company reported on Tuesday. The equipment makers fourth-quarter net income climbed to $1.93 billion, or 31 cents a share, up from $1.54 billion, or 25 cents, a year earlier. Sales increased 18 percent […]
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 […]
Nokia and Nokia Siemens Networks said Thursday its second quarter net income more than doubled, on the strength of a 29 percent jump in handset shipments, beating its forecast. However, after this first reporting quarter for the newly combined network company, NSN does not expect to achieve the double-digit profitability it was hoping for. Taken […]
Alcatel-Lucent, still struggling from last years merger, posted its second straight quarterly loss Tuesday. The equipment maker reported an adjusted net loss of $460.3 million in the second quarter, or 37 cents per share, compared with what would have been a profit of $413 million, or 17 cents per share, from a year ago. The news sent […]
Verizon Communications Inc. on Monday reported second-quarter earnings that came in 4.5 percent higher than a year ago. The nations second-largest phone company attributed the increase to growth in its wireless division. Verizon earned $1.68 billion, or 58 cents per share, up from $1.61 billion, or 55 cents per share, in the second quarter of […]
By Peter Radizeski, RAD-INFO SunRocket closed its doors this week. No notice to customers. This was a pre-paid $199 for a year (or two in some cases) of service. No refunds will likely be issued. SunRocket just hit 200,000 subscribers. It’s Gizmo hardware is not easily compatible with other services according to most notes I […]
SunRocket Inc., which in recent weeks has been sending out mixed signals about its prospects for the future, has apparently closed its doors. Reports of this news are circulating in the media just a week after the Vienna, Va.-based company laid off a quarter of its work force. An e-mail to the CTO resulted in […]
Forbearance Frenzy When the FCC early last year relieved Verizon Communications Inc. of broadband services regulations, the agency essentially invited a crush of me too forbearance petitions from the LECs. Many of those pleas come up for a vote or time extension this summer. The additional three months is more than likely to be imposed.
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