Tag: Financial

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

AT&T reached tentative agreements with the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW) on ...

P-Com agreed to acquire the operating assets of SPEEDCOM Wireless Corporation in exchange for approximately 67 million shares of P-Com ...

In a monthly operating report required by the bankruptcy court, MCI reported profitability and strong cash flow during April 2003. ...

Internap Network Services Corporation is in advanced discussions to acquire netVmg, a start-up specializing in Internet route optimization technology. The ...

The Securities and Exchange Commission (SEC) is considering whether to file civil actions against Nina Aversano, the former head of ...

FLAG Telecom named Alex Gersh as its new Chief Financial Officer (CFO). Gesh has held a number of senior international ...

Cisco Systems is partnering with The Institute for Vocational Training and Retraining at the Rostov State Civil Engineering University, to ...

Movil@ccess, a Mexican telecommunications service provider, agreed to acquire 100% of the capital stock of Grupo Iusacell, a provider of ...

3Com will cut 10% of its global workforce over the next two fiscal quarters. The decision will principally affect employment ...

Tzvi Shukhman, Metalink's Chairman and CEO, and a principal shareholder, has acquired an additional 364,700 shares of his company's stock ...

Paradyne announced a 12% company-wide reduction in force, which affected 55 employees. The company supplies access solutions for broadband voice, ...

XO Communications said that it is prepared to launch immediately an "any and all" tender offer for the $2.25 billion ...