Tag: Financial

Gary D. Forsee was named CEO of Sprint, replacing Bill Esrey, who will continue in his role as Sprint's chairman ...

The board of directors of Cisco Systems authorized up to $5 billion in additional repurchases of its common stock. The ...

Cisco Systems will acquire SignalWorks, a start-up developing high-performance audio capabilities for IP telephony systems, for $13.5 million in Cisco ...

AT&T and Qwest Communications are considering additional write-downs in the value of their networks in the wake of WorldCom's recent ...

Larscom will acquire VINA Technologies in a bid to strengthen its position as a supplier of enterprise broadband access equipment. ...

Reflecting its recent reorganization and refocus on the enterprise networking market, 3Com announced the following management changes: Dennis Connors, president ...

Proxim and Intersil have agreed to dismiss all patent-related claims against each other, including lawsuits before the International Trade Commission ...

Marconi released financial results for the quarter ended 31-December-2002, noting progress towards key operational goals in its restructuring program. Marconi's ...

Ericsson named Per-Arne Sandstrom as its new Executive Vice President and Deputy CEO. Karl-Henrik Sundstrom was appointed Chief Financial Officer ...

PRIMUS Telecommunications obtained $13 million in new debt financing and completed the restructuring of an existing major vendor facility. The ...

Metromedia Fiber Network (MFN) filed its plan of reorganization with a bankruptcy court in New York. MFN's post-bankruptcy business strategy ...

WorldCom announced the write-off of all existing goodwill and a substantial write-down of the carrying value of its other intangible ...

Voyant Technologies, a provider of voice conferencing and collaboration solutions, has acquired Octave Communications, a conferencing equipment provider, in an ...