Verizon to Repurchase up to 100 Million Shares
Verizon Communications’ Board of Directors authorized the repurchase of up to 100 million shares of its common stock. The board also determined that no…
A journal for networking and telecoms
A journal for networking and telecoms
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Verizon Communications’ Board of Directors authorized the repurchase of up to 100 million shares of its common stock. The board also determined that no…
Deutsche Telekom reported its 2006 results. Two key trends stood out: in Germany, intense competition was met with a major drop in prices; meanwhile,…
PMC-Sierra named Michael W. Zellner as vice president, chief financial officer (CFO). Prior to this appointment, Mr. Zellner was senior vice president of finance…
Huawei Technologies signed 28 new UMTS/HSPA contracts in 2006, giving it a total of 47 such projects worldwide. The company reckons it is now…
Carl Icahn and his affiliated business entities filed papers under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 to acquire additional shares of Motorola Common…
Sonus Networks reported Q4 2006 revenue of $79 million compared to $75 million in the third quarter of fiscal 2006. Revenues for the full…
Marvell Technology Group reported preliminary quarterly revenue of $622.0 million for the quarter ended 27-Jan-2007, an increase of 27% over net revenue of $489.0…
KEG Holdings, Inc. (KEG), the parent company of Kentrox, agreed to acquire Applied Innovation, a provider of network management solutions for the communications industry,…
Sylantro Systems announced the appointment of Frank Salm to vice president of marketing. Salm has been with Sylantro since May 2000, serving most recently…
Nuance Communications, which supplies speech recognition technology, agreed to acquire BeVocal, a provider of self-service customer care applications, for approximately $140 million, net of…
Tekelec reported Q4 2006 revenue from continuing operations of $154.5 million, up 11% compared to $138.6 million for Q4 2005. Telecom backlog as of…
SureWest Communications, which serves the Sacramento, California region, said it will freeze its pension plan effective April 1, 2007. The pension plan will be…
Juniper Networks appointed Michael Lawrie, chief executive, Misys plc, to its board of directors. Mr. Lawrie will replace Frank Marshall, who joined the board…
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