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Telecom News

Telecom news continually updated from thousands of sources around the net.

19 min ago | CBS News

Harris Stratex Networks Reports Fiscal 1Q Loss

Harris Stratex Networks Inc., which makes wireless equipment, said Thursday it swung to a fiscal first-quarter loss, mostly due to restructuring and other one-time charges.

Comment?

Related Topix: Stratex Networks, Wireless, Startups

4 hrs ago | SF Gate

Cisco undervalues Tandberg, investment firms say

Article:Cisco undervalues Tandberg, investment firms say:/g/a/2009/11/06/urnidgns002570F3005978D800257666006423D3.DTL Article:Cisco undervalues Tandberg, investment firms say:/g/a/2009/11/06/urnidgns002570F3005978D800257666006423D3.DTL 12:13 PST -- Two investment consulting companies laid out objections to Cisco's US$3 billion offer for Norwegian ...

Comment?

Related Topix: Computers, Cisco Systems

8 hrs ago | Hampton Roads Daily Press

Pa. OKs Windstream's purchase of D&E in deal that joins phone, Internet and video services

Windstream Corp.'s acquisition of D&E Communications Inc. phone and Internet company has the approval of Pennsylvania state utility regulators.

Comment?

Related Topix: DE Communications, Ephrata, PA

12 hrs ago | Daily Wireless

One Voice: New Voice Standard for LTE

The profile is based on the IP Multimedia Subsystem , for transitioning from circuit-switched telelphony to IP-based LTE.

Comment?

Related Topix: TeliaSonera AB, IT Services

17 hrs ago | Wireless Week

Leap 3Q loss widens as subscriber growth slows

Leap Wireless International Inc. said Thursday its third-quarter loss grew 31 percent as competition and the weak economy were a drag on subscriber growth.

Comment?

Related Topix: Wireless

Fri Nov 06, 2009

Democrat & Chronicle

PAETEC sees an upside, reports revenue decline

Declaring that "momentum is clearly picking up," PAETEC Holding Corp. CEO Arunas Chesonis told Wall Street analysts Thursday that the company landed several significant clients during the third quarter.

Comment?

Related Topix: IT Services, US LEC

WANE-TV Fort Wayne

AT&T completes Centennial deal

A year after it was announced, AT&T has completed its acquisition of Centennial Communications .

Comment?

Related Topix: Wireless, Centennial Communications, Cell Phones, Cellphones, Electronics

NBR Newsroom

Telecom beats expectations, raises full-year profit guidance

Telecom's ebitda for the three months ending September 30 fell 4.1% to $447 million against the year-ago quarter.

Comment?

Related Topix: Telecom New Zealand

Tracy and Matt's Blog

Orange and T-Mobile Merger Confirmed

Deutsche Telekom and France Telecom have signed a final agreement to merge the two companies together.

Comment?

Related Topix: Deutsche Telekom AG, France Telecom

KHOU-TV Houston

Oil nears $80 a barrel amid stock market surge

Oil prices climbed toward $80 a barrel Friday, catching up with a surge in global stock markets and assisted by a slightly weaker dollar which made crude more attractive to international investors.

Comment?

Related Topix: Computers, Cisco Systems, Investment Banking, Morgan Stanley European Fund, Financial Services, Morgan Stanley, Healthcare Industry

ClipSyndicate

U.S. Stocks Surge on Jobless Claims Data, Cisco Sales: Video

Nov. 5 -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today.

Comment?

Related Topix: Computers, Cisco Systems, Financial Markets, Business News, Video

Thu Nov 05, 2009

Slam Sports

RIM authorized to spend up to $1.2B on share buybacks

Research In Motion Ltd. says it has been authorized to spend up to US$1.2 billion to buy back its common shares from the open market and cancel them.

Comment?

Related Topix: Research in Motion, Computers, Winter Sports, Curling

Clover Herald

Brightpoint 3Q profit doubles on tax benefit boost

Cell phone distributor Brightpoint Inc. said Wednesday its third-quarter profit more than doubled, helped by tax benefits.

Comment?

Related Topix: Brightpoint

Silicon Alley Insider

Scripps Picks Up The Travel Channel In $975 Million Deal

Scripps Picks Up The Travel Channel In $975 Million Deal Nov. 5, 2009, 8:52 AM 166 Scripps Networks is buying the Travel Channel from Cox Communications in a deal valued at $975 million.

Comment?

Related Topix: Cox Communication, Television, Cable & Satellite

Fox 8 - WJW

Time Warner Cable 3Q profit sinks 11 percent on higher interest expenses

In this Feb. 2, 2009 file photo, a Time Warner Cable truck is parked in New York.

Comment?

Related Topix: Cable & Satellite, Time Warner, Computers, Media

The Boston Globe

Cable and Wireless to split in 2, reports profit

The company said details of its plans would be disclosed before the end of the month.

Comment?

Related Topix: Cable and Wireless plc, IT Services

Denver Post

Stocks add to gains as Fed holds rates low

A late-day slump left stocks mixed Wednesday as investors couldn't hold on to their optimism after the Federal Reserve gave an encouraging assessment of the economy.

Comment?

Related Topix: Financial Markets, Computers, Cisco Systems, Startups

Wed Nov 04, 2009

Reuters

Qualcomm revenue outlook misses estimates

Wireless chip and technology supplier Qualcomm Inc on Wednesday set a quarterly and annual revenue target that missed Wall Street estimates, but its shares rose slightly in late trade after falling more than 9 percent in recent weeks.

Comment?

Related Topix: QUALCOMM, Electronics, Semiconductors

Hampton Roads Daily Press

Formerly Time Warner Telecom, tw telecom swings to larger than expected 3rd-quarter profit

Tw telecom inc., formerly Time Warner Telecom, said Tuesday that it turned a profit in the third quarter, reversing a year-ago loss, but warned that turnover among smaller customers will continue.

Comment?

Related Topix: Time Warner Telecom

Reuters

AT&T sues Verizon Wireless over 3G ads

AT&T Inc is suing Verizon Wireless in an effort to stop its bigger mobile rival from using "misleading" coverage maps in advertisements that AT&T says are causing it to lose "incalculable market share." According to the lawsuit which AT&T filed in Atlanta federal court, a recently launched ad campaign shows maps with white spaces that mislead ...

Comment?

Related Topix: Verizon Communications, IT Services, Cellphones, iPhone

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