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Telecom News

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

4 hrs ago |

Oracle CEO Larry Ellison now owns every hotel room on Lanai

The deal that closed July 7 now makes Ellison the owner of every hotel room on the island, the Honolulu Star-Advertiser reported.


Related Topix: Phase Forward, Startups, WorldCom, Pillar Data Systems, Hyperion Solutions, IT Services, Oracle Corporation, Software, Lawrence Ellison

8 hrs ago |

FairPoint contract expires this weekend

Union workers are unhappy with proposed changes to health and retirement benefits, as well as changes aimed at allowing greater use of nonunion workers.


Related Topix: FairPoint Communications, International Brotherhood of Electrical Workers (Electricians, Wiremen, and Linemen), Pension, Personal Finance

10 hrs ago | Business Journal

Charter narrows Q2 loss

Charter Communications reported a second-quarter loss of $45 million compared with a loss of $96 million in the prior-year quarter, as revenue rose 15 percent, to more than $2.2 billion.


Related Topix: Cable & Satellite, Charter Communications, Television

14 hrs ago | Brandon Sun

Regional telecom Bell Aliant boosts Q2 profit, but revenues lower

Bell Aliant reports a higher second-quarter profit of $72 million, but revenues for the regional telecom company dipped in the quarter.


Related Topix: Aliant, Cable & Satellite, BCE Incorparation, Bell Mobility, Wireless

17 hrs ago | Brandon Sun

Manitoba Telecom Services posts a Q2 net profit and increases revenues

Manitoba Telecom Services Inc. reported a second-quarter profit of $28.8 million on Thursday, turning around a loss from the same quarter a year ago.


Related Topix: Manitoba Telecom Services, IT Services, Wireless, Mobile TeleSystems OJSC

Thu Jul 31, 2014

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

10, 2014,... )--Fitch Ratings has published a report on Evanston, IL. The report is available at ''.


Related Topix: Scripps Networks Interactive, Evanston, IL, Electronics, Ixia, Semiconductors, Microchip Technology

Brandon Sun

Shaw Communications buys data centre for US$1.2B

Shaw Communications says it has signed a deal to buy Colorado-based data centre ViaWest, Inc., a provider of cloud and managed services in North America, for US$1.2 billion.


Related Topix: Television, Cable & Satellite, Shaw Communications

L-3 fires 4 workers over accounting misconduct

Defense contractor L-3 Communications said Thursday that it fired four employees after discovering they overstated the company's profit and sales from a contract with the U.S. government.


Related Topix: L 3 Communication Holdings, L-3 Communications, Manufacturing, Aerospace-Defense, L3 Communications Integrated Systems

News Observer

French company Iliad bidding for T-Mobile US

Mobile US Inc. has another suitor on its hands. Upstart French telecom company Iliad SA on Thursday said it has offered $15 billion for a majority stake in the fourth-largest U.S. cellphone company.


Related Topix: T-Mobile, Cellphones, Sprint Nextel, IT Services

Business Journal

Bright House says new 'Echo' will bring Wi-Fi dead spots back to life

Bright House Networks released a new wireless system called "Echo" which it says can fill the gaps in Wi-Fi coverage in users' homes.


Related Topix: Wireless, Science / Technology, Wi-Fi, Emerging Technology, Cable & Satellite, Bright House Networks

Bellingham Herald

Nokia in wireless network deal with Panasonic

Nokia Corp. said the deal will boost the market share of its networks unit, a major provider of the next generation 4G wireless networks, particularly in the Japanese market.


Related Topix: Nokia, Emerging Technology, Wireless

Brandon Sun

Telecoms company Alcatel-Lucent sees loss narrow in 2nd quarter on lower charges

Telecommunications equipment company Alcatel-Lucent SA says its net loss narrowed in the second quarter thanks to lower accounting charges, while revenue stagnated and restructuring charges mounted.


Related Topix: Alcatel-Lucent, Alcatel

Siemens earnings up 27 pct in April-June quarter

The Munich-based industrial conglomerate on Thursday reported net earnings of 1.4 billion euros for its fiscal third quarter, up from 1.1 billion euros last year.


Related Topix: Industrial Machines, Siemens AG, Siemens, Bradenton, FL

Wed Jul 30, 2014

Daily Kos

Reid pledges support for open-internet rules

Last month, Daily Kos and other net neutrality activist organizations wrote to Senate Majority Leader Harry Reid , asking him to sign on to the efforts of more than a dozen members of his Senate caucus and House Minority Leader Pelosi and dozens of House Democrats to demand that the Federal Communications Commission reclassify broadband and ... (more)


Related Topix: Business News, Federal Communications Commission, US News, US Politics, Nancy Pelosi, US House of Representatives, Democrat, District of Columbia Circuit Court of Appeals


U.S. regulator questions Verizon plan to slow data speeds for some

The top U.S. telecommunications regulator said on Wednesday he is "deeply troubled" by Verizon Communications Inc's plan to slow data downloads for some high-speed wireless customers remaining on the older unlimited data plans.


Related Topix: Verizon Communications, IT Services, Internet Service Providers


Cha-ching! CoinTerra picks CenturyLink for Bitcoin mining

CenturyLink has signed a multi-megawatt data center deal with CoinTerra to host CoinTerra's rapidly growing Bitcoin-mining operations in CenturyLink's data centers.


Related Topix: Qwest, Savvis, Cable & Satellite, CenturyTel, Economics News, Bitcoin, CPU, Science / Technology


Different quarter, same story: Sprint customers flee as network construction grinds on

Sprint suffered another big subscriber loss last quarter as both prepaid and postpaid customers departed.


Related Topix: Sprint Nextel, IT Services

KDXY-FM Jonesboro

Netflix agrees to pay AT&T for smooth streaming

Video streaming service Netflix has agreed to pay U.S. broadband provider AT&T Inc to ensure smooth delivery of Netflix content to Internet users, the companies said on Tuesday.


Related Topix: Cable & Satellite, ATT, Business News, Federal Communications Commission

Nasdaq 100 Movers: VIP, WYNN

In early trading on Tuesday, shares of Wynn Resorts topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.0%.


Related Topix: Destination Hotels and Resorts, Gaming, Hotels, Wynn Resorts, VimpelCommunications, Financial Markets

Tue Jul 29, 2014

MSN Money

Sprint, T-Mobile merger not expected before September: sources

The long-anticipated merger of Sprint Corp and T-Mobile US Inc is not expected to occur before September, with the companies continuing due diligence and preparing a detailed case for a deal before U.S. regulators, according to people familiar with the matter.


Related Topix: T-Mobile, Sprint Nextel, IT Services, Deutsche Telekom AG, SoftBank, Financial Services, Investment Services, Business News, Federal Communications Commission, AT&T


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