Citing the difficult economic environment, Touch America and all is subsidiaries filed voluntary Chapter 11 petitions in bankruptcy court. The ...

Cogent Communications has nearly completed the restructuring of its debt and has raised $41 million in cash equity from investors ...

The Communications Workers of America , a union representing 60,000 employees at Verizon Communications, said it is optimistic on reaching ...

Telecom Developpement (TD), a competitive carrier in France, selected Alcatel as its sole supplier for a mass network rollout in ...

Qwest Communications launched a "Migrate to Stability" marketing campaign seeking to attract enterprise customers stranded by the recent decisions from ...

CIENA, which completed its acquisition of WaveSmith Networks earlier this week, announced the availability of integrated optical and data network ...

Alcatel will acquire a 17.9% stake in SATLYNX, a venture that aims to provide two-way satellite broadband services across Europe. ...

UTStarcom announced a new $28.7 million contract from China Netcom for new deployments of its IP-based PAS (Personal Access System) ...

Longleaf Partners Funds, Berkshire Hathaway, and Legg Mason converted all of their outstanding 9% junior convertible subordinated notes due 2012 ...

Hunan Unicom, a subsidiary of China Unicom, selected Lucent Technologies to supply SDH optical transport systems for its provincial backbone. ...

AT&T will conduct a five-day network disaster recovery (NDR) exercise beginning tomorrow in Chicago to evaluate how well it can ...

Acterna received bankruptcy court approval for a $30 million debtor-in-possession (DIP) financing package arranged by a group of banks led ...

Siemens Mobile Acceleration has made an equity investment in Realeyes3D, a start-up based in Paris, France that specializes in advanced ...