In Focus: Financial

Citing signs of improvement in its core businesses, Qwest Communications reported Q1 net income of $150 million or $0.09 per ...

Marconi announced financial results for the three months and twelve months ended 31 March 2003. The company said "very tough ...

Switch and Data, a provider of carrier-neutral interconnection and colocation services, reported two consecutive months of positive net income following ...

PCTEL, a provider of 802.11 mobility software and software-defined radio products, filed patent infringement lawsuits against modem manufacturers Agere Systems, ...

Marconi signed a ten year outsourcing agreement for the management of its internal Information Technology (IT) systems to Computer Sciences ...

BT posted annual revenues of £18,727 million for the fiscal year ending 31-March-2003, up by 2%. Earnings per share rose ...

CIENA reported quarterly revenues of $73.5 million, representing sequential growth of 4% from the prior fiscal quarter. On a GAAP ...

Previously announced discussions concerning a possible combination of IDT Corporation and ITXC have been terminated. No agreement was reached. http://www.idttelecom.comOn ...

Marking the successful completion of its financial restructuring, shares, new notes and warrants for Marconi began trading on the London ...

The Securities and Exchange Commission (SEC) announced a proposed settlement requiring WorldCom to pay a civil penalty of $1.51 billion ...

IDT Corporation praised the FCC for its rejection of Global Crossing's request for an expedited review of the restructured sale ...

Alcatel announced plans to acquire TiMetra, a start-up based in Mountain View, California, for its forthcoming line of IP/MPLS edge ...

ECI Telecom named Shlomo Dovrat as its new chairman, replacing David Ball who stepped down. Krish Prabhu, the former CEO ...