In Focus: Financial

Fitel USA Corp., the parent company of OFS, filed a lawsuit against Alcatel in a U.S. District Court charging an ...

Harmonic announced the public offering of 9 million shares of common stock at a price of $7.40 per share for ...

Mindspeed Technologies reported quarterly revenues of $23.2 million, representing a 15% increase over the previous quarter. Mindspeed's pro forma operating ...

Cox Communications reported total quarterly revenue of $1.5 billion, an increase 15% compared to a year ago, based on significant ...

MCI has retained former U.S. Senator Warren B. Rudman as a senior advisor to Chairman and CEO Michael Capellas and ...

Covad Communications named Stephan DeRodeff as Vice President, Broadband Technologies. DeRodeff will be responsible for the management and vision of ...

NETGEAR reported Q3 revenue of $75.8 million, up 10% over the prior quarter and up 18% compared to the same ...

Equinix reported its first full quarter of positive operating cash flow. Revenues for the quarter were $30.9 million, representing a ...

Avaya agreed to sell its Connectivity Solutions business to CommScope for approximately $263 million. Avaya's Connectivity Solutions group provides structured ...

Although it actively bid to acquire AT&T Latin America in a Chapter 11 bankruptcy auction last week, Embratel no longer ...

Extreme Networks reported $87.4 million in quarterly revenue compared to $87.3 million in the previous period. Operating income was $1.2 ...

Despite being barred by the U.S. General Services Administration (GSA) from receiving new U.S. federal government contracts, U.S. agencies have ...

Centillium Communications reported Q3 revenues of $37.5 million, a 10.5% increase from the $33.9 million of revenues for Q2 2003, ...