News
The continued reduce of Alcatel-Lucent: A wakeup call
The French telecommunications manufacturer Alcatel lusted after the American Lucent Technologies, and in 2006, after a few years of courtship, consummated the affair. Alcatel acquired Lucent for $13.4 billion in Alcatel stock to create Alcatel-Lucent. The usual justification for the merger was made about synergies, efficiencies and expanded markets.
2012-05-08
CWA goes up against Verizon-cable wireless spectrum dealings
The Communications Workers of America (CWA) has added its voice to those opposing any kind of relationship between cable companies and Verizon (NYSE: VZ).
2012-05-08
Lightower increases glass ceiling in Central and Northern New Jersey
Lightower Fiber Networks is strengthening its Central and Northern New Jersey fiber optic network by adding over 100 new miles of glass through Bergen, Hudson, Essex, Morris, Middlesex and Mercer counties.
2012-05-08
Frontier shares descend along with first quarter earnings
News that Frontier Communications' (Nasdaq: FTR) first-quarter 2012 earnings were only about 50 percent of what they'd been during the same period in 2011 ($26.8 million versus $54.7 million) led to a 7 percent decline in the value of the company's stock, which dropped 29 cents to $3.60 in Monday trading.
2012-05-08
Senate allowances FCC nominees Pai, Rosenworcel
The Senate on Monday confirmed President Barack Obama's two nominees to the Federal Communications Commission, a move that will bring the FCC back to its full complement of five commissioners.
2012-05-07
Dark fiber suppliers may see $986M market as broadband data demand increases
The never-ending hunger for higher speed broadband wireline- and wireless-based data services is driving new dark fiber services revenue. New data from IBISWorld revealed that by the end of 2012 dark fiber revenues will grow at an average annual rate of 3.7 percent, to reach $986.2 million.
2012-05-07
AT&T prepares new home security, automation service offering
AT&T (NYSE: T) is the latest service provider to put its stake in the burgeoning home security and automation market with plans to launch its own home-monitoring service.
2012-05-07
21% data center growth of Cincinnati Bell drives plans for CyrusOne IPO
Cincinnati Bell (NYSE: CBB) is so confident about the growth prospects of its CyrusOne data center business that it's planning to take the unit public sometime later this year.
2012-05-07
Lumos Networks sees 16% increase in wholesale, data service revenues in Q1 2012
Lumos Networks (Nasdaq: LMOS) reported its first-quarter 2012 revenue rose slightly to $51.4 million, up from $51.1 million in Q4 2011, but down year-over-year, from $52.6 million, as competitive wholesale and data products offset declines in legacy voice revenues.
2012-05-07
Consolidated Communications broadband & backhaul initiatives assist minimize Q1 voice service declines
Consolidated Communications (Nasdaq: CNSL), which is in the process of acquiring fellow ILEC SureWest (Nasdaq: SURW), saw its share of IP service growing pains as it reported first-quarter 2012 revenues of $93.4 million, down 1.4 percent year-over-year, from $95.4 million in Q1 2011.
2012-05-06