Verizon Shareholders Limit Executive Severance Deals, Reject Executive Salary Caps
At its annual company meeting, Verizon shareholders voted 59% in favor of a resolution, which the company had opposed, requesting ...
Riverstone Networks Receives SEC Request
Riverstone Networks received a request from the Securities and Exchange Commission (SEC) for the voluntary production of certain information in ...
Cedar Point Builds its Partner Program for Cable Telephony
Cedar Point Communications named seven new member companies in its partnership program for end-to-end cable telephony solutions: IP Unity, Lemur ...
SBC Shareowners Reject Proposal to Eliminate Executive Bonuses
At SBC Communications' annual company meeting, shareowners rejected a proposal to eliminate all bonuses and other incentive compensation for executives. ...
MetaSwitch and Occam Networks Partner on All-Packet Access Network
MetaSwitch and Occam Networks announced the availability of a joint solution enabling the delivery of analog (POTS) telephone lines over ...
SBC Posts Growth in DSL and Long Distance
SBC Communications reported Q1 revenues of $10.3 billion, compared with $10.5 billion in the year-ago period. SBC reported earnings per ...
Sprint Rolls Out VoIP Evolution Strategy for PBX Family
Sprint announced a VoIP migration strategy for its Sprint-branded Coral PBX product line. VoIP enhancements enable the PBX to provide ...
Lucent's Chief Operating Officer Steps Down
Bob Holder, who has served as chief operating officer (COO) of Lucent since October 2001, will leave the company. As ...
FCC Sets New Rules for Satellite Broadband Services
The FCC adopted a new licensing process aimed at accelerating the rollout of satellite Internet services. The new rules create ...
FCC Launches Inquiry into Broadband over Power Line
The FCC is seeking public comment on using existing electrical power lines to provide Internet and broadband services to homes ...
TelePacific Raises $30M to Expand, Explore Acquisitions
TelePacific Communications, a CLEC based in Los Angeles, received a $30 million equity investment led by affiliates of Investcorp, a ...
Qwest CEO Named to Presidential Advisory Committee
Richard C. Notebaert, Qwest chairman and CEO, has been appointed by President George W. Bush to serve as a member ...
AT&T Responds to S&P Rating Action
Standard & Poor's placed AT&T's "BBB+" long-term corporate credit on CreditWatch with negative implications, however it affirmed AT&T's short-term corporate ...
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