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Telecom News

Telecom news continually updated from thousands of sources around the net.

31 min ago | Light Reading

.....and why now?

JDS Uniphase Corp. is adding to its growing list of test technology acquisitions with the $40.6 million cash purchase of the Network Tools Division of Finisar Corp.

Comment?

Related Topix: Finisar, Computers, Startups, Sunnyvale, CA

4 hrs ago | Slam Sports

Bell wants more young, tech savvy customers with updated The Source stores

Bell Canada wants to reach more young people and tech-savvy consumers with its newly acquired The Source electronics stores that will sell Virgin Mobile phones and offer services like the Internet.

Comment?

Related Topix: Emerging Technology, Wireless, Winter Sports, Curling

8 hrs ago | BlackBerry Cool

Bell BlackBerry Tour 9630 now available for $249.95 on 3 year contract

BlackBerry Onyx to come with a trackpad - new... Bell has officially announced the BlackBerry Tour 9630! The Tour is the latest BlackBerry device and it operates on both EVDO and HSPA high speed networks globally.

Comment?

Related Topix: Research in Motion, Computers, Social Software, Canada,

13 hrs ago | Canada.com

Cogeco profit rises 10% despite subscriber drop

Communications company Cogeco Inc. announced a 10% increase in third-quarter profit Friday, driven by Canadian cable and radio growth.

Comment?

Related Topix: Cable & Satellite, Canada,

Fri Jul 10, 2009

WBZ TV

FairPoint Reports Progress In Northern New England

Share + Jul 10, 2009 2:51 pm US/Eastern PORTLAND, Maine Troubled phone company FairPoint Communications says it has fixed some billing and customer service problems in northern New England in recent months but has more to do in some other areas.

Comment?

Related Topix: Portland, ME

Slippery Brick

Verizon and Sprint to add WiFi to Blackberries

A common complaint about the BB Tour is that it doesn't have Wi-Fi. Well, Sprint Nextel has revealed that it plans to add Wi-Fi to the BlackBerry Tour starting in 2010, and will begin to require that all its future smartphones come with Wi-Fi. Sprint didn't say exactly when this requirement will be reflected across its entire line-up of devices, ...

Comment?

Related Topix: Sprint, Wireless, Science / Technology, Emerging Technology, IT Services, Wi-Fi

NewsChannel 8

London 2012 replaces sponsor Nortel with Cisco

London Olympic officials on Friday replaced bankrupt Canadian technology sponsor Nortel Networks with Cisco for the 2012 Games, a move that will cost organizers $19.4 million in revenue.

Comment?

Related Topix: Nortel Network, Startups, Nortel Networks

News Observer

Analysts report Cisco layoffs

A spokeswoman for Cisco Systems said this afternoon that a stock analyst's report wrongly implied that the company had started a new wave of layoffs.

Comment?

Related Topix: Computers, Cisco Systems, Investment Banking, Financial Services, San Francisco Metro, San Jose Metro

Fortune

Apple, Palm seen cutting into BlackBerry sales

Growing competition from new smartphones carved into Research in Motion's June sales, according to a report to clients issued Wednesday by Piper Jaffray's T. Michael Walkley.

Comment?

Related Topix: Music Players, Computers, Apple Computer, Research in Motion, Wireless, Nokia, iPhone

Neowin.net

RIM ups their game, boosts app library to 2000+

There is no doubt about the fact that Apple are doing well with their online application store, over a billion downloads in under a year is a pretty impressive figure.

Comment?

Related Topix: Research in Motion, Computers

Thu Jul 09, 2009

The Plain Dealer

Continue reading "Why do earnings warnings matter?"

It's report card season on Wall Street and investors are bracing for bad news. With the April-to-June quarter over, this is the time when companies could come out with warnings that their earnings will fall short of expectations.

Comment?

Related Topix: Financial Markets, Computers, Cisco Systems

KWTX

Verizon Lays Off Former Alltel Workers

Verizon Wireless has laid off 50 workers in Arkansas who were part of the former Alltel Corp., which Verizon acquired in January.

Comment?

Related Topix: Verizon Communications, IT Services, ALLTEL Shareholder Services

Light Reading

RCN Drops FiberNet Bid

FiberNet Telecom Group, Inc. today announced that RCN Corporation withdrew its proposal to acquire FiberNet for $12.50 per share of FiberNet common stock.

Comment?

Related Topix: IT Services, Fibernet Telecom Group, RCN, Computers

Washington Business Journal

Sprint outsources network, 6,000 employees

Sprint Nextel Corp. has reached a long-rumored deal worth as much as $5 billion to outsource its network to Ericsson , which will take on 6,000 Sprint employees.

Comment?

Related Topix: Sprint, IT Services

Star-Gazette.COM

Samsung phone will use Corning glass

Corning Inc. announced today that its Gorilla glass was selected as the protective cover glass for Samsung UltraTOUCH mobile phones.

Comment?

Related Topix: Electronics, Corning, Cell Phones, Cellphones

Hampton Roads Daily Press

BT shelves Phorm's Web usage monitoring for targeting ads to personal surfing patterns

British telecommunications provider BT PLC is indefinitely shelving plans to target online advertising to individual customers by using Web monitoring techniques that have drawn privacy complaints.

Comment?

Related Topix: BT Group, Privacy, Computers, Media, Yahoo!, Search Engines, Startups, Internet Service Providers

Wed Jul 08, 2009

The Globe and Mail

Ericsson lands $1.7-billion deal in China

The Associated Press Last updated on Wednesday, Jul. 08, 2009 11:24AM EDT S wedish wireless equipment maker LM Ericsson ERIC-Q on Wednesday announced it has struck deals worth $1.7-billion with China Mobile CHL-N and China Unicom CHU-N to provide second- and third-generation mobile communication equipment and services.

Comment?

Related Topix: China Mobile Hong Kong

Local Tech Wire

NEW Cisco promotes veteran exec to chief strategy officer post

Ned Hooper, who joined Cisco Systems 11 years ago through an acquisition, will now look for new deals in an expanded role at the communications gear giant.

Comment?

Related Topix: Computers, Cisco Systems, Startups

Denton Record-Chronicle

at&T expects to close on acquisition in 3Q 8:35 Am CT

AT&T Inc. said Wednesday that it expects to close on its $944 million acquisition of wireless and broadband service provider Centennial Communications Corp.

Comment?

Related Topix: Wireless, Centennial Communications

Burlington Free Press

FairPoint wants out of $845K in Maine fines

FairPoint Communications has asked Maine regulators to be relieved of more than $845,000 in penalties imposed for poor wholesale service to local phone carriers.

Comment?

Related Topix: Biddeford, ME

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