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Citing the difficult economic environment, Touch America and all is subsidiaries filed voluntary Chapter 11 petitions in bankruptcy court. The company has received a…
The T1E1.4 committee, which is part of The Alliance for Telecommunications Industry Solutions (ATIS), decided to specify only Discrete Multi-Tone (DMT) line coding in…
France Telecom sold 56 million Sprint PCS shares through a block trade on the New York Stock Exchange for US$330 million. With the sale,…
BellSouth is expanding its internal testing and assessment facility, BTAC, to include an outsourced service for test creation and execution for equipment suppliers and…
Cogent Communications has nearly completed the restructuring of its debt and has raised $41 million in cash equity from investors to fund its operations.…
The Communications Workers of America , a union representing 60,000 employees at Verizon Communications, said it is optimistic on reaching a “fair agreement” with…
Telecom Developpement (TD), a competitive carrier in France, selected Alcatel as its sole supplier for a mass network rollout in all the major cities…
Qwest Communications launched a “Migrate to Stability” marketing campaign seeking to attract enterprise customers stranded by the recent decisions from Sprint and Cable &…
CIENA, which completed its acquisition of WaveSmith Networks earlier this week, announced the availability of integrated optical and data network management with its LightWorks…
Alcatel will acquire a 17.9% stake in SATLYNX, a venture that aims to provide two-way satellite broadband services across Europe. Satlynx was established in…
UTStarcom announced a new $28.7 million contract from China Netcom for new deployments of its IP-based PAS (Personal Access System) equipment in 28 throughout…
Longleaf Partners Funds, Berkshire Hathaway, and Legg Mason converted all of their outstanding 9% junior convertible subordinated notes due 2012 into shares of Level…
Hunan Unicom, a subsidiary of China Unicom, selected Lucent Technologies to supply SDH optical transport systems for its provincial backbone. Under the contract, Lucent…
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