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PAETEC agreed to acquire Formula Telecom Solutions in a $13 million all-cash transaction. FTS' Leap RevChain has been PAETEC's primary billing system since its inception in 1998. Upon the closing...

More than 80 public interest groups published an open letter to FCC Chairman Julius Genachowski that criticizes his Internet government policy statement, which is headed to a vote later this...

Gilles Bouchard resigned his position as Opnext's CEO and President as well as from his seat on the company's Board of Directors. Harry Bosco, currently the non-executive Chairman of Board...

Bahrain-based Batelco has signed a group framework agreement with ZTE for 2G/3G wireless solutions. As of Q3, Batelco serves 7.5 million mobile subscribers and 233,000 broadband customers across Bahrain, Jordan,...

GENBAND opened a new corporate headquarters in Frisco, Texas. The new, 52,000 square foot facility houses GENBAND's senior management, sales, marketing, finance, legal and human resources teams. The company will...

Ericsson has appointed Jan Wäreby as its new head of Sales and Marketing. Wäreby is currently Senior Vice President, head of Business Unit Multimedia and member of Ericsson's Executive Leadership...

BCE announced a 7.7% increase in its annual common share dividend to $1.97 per share for 2011, and plans to accelerate funding of future pension obligations through a voluntary prepayment...

The FCC published its Broadband Deployment Report, providing detailed statistics across the United States based on data from 31-December-2009. The report categorizes connections into speed tiers defined by eight ranges...

Broadcom introduced an IEEE 1588v2-compliant solution for service provider, data center and smart grid power control networks. The solution includes the new Broadcom BCM53903 precision timing protocol (PTP) processor, a...

TeliaSonera officially launched commercial LTE services in Denmark. The network is initially available in Copenhagen, Aarhus, Odense and Aalborg. TeliaSonera expects to cover 75% of the Danish population in 2011....

Ciena reported quarterly revenue of $417.6 million, representing a 7% sequential increase from fiscal third quarter 2010 revenue of $389.7 million. Fiscal fourth quarter performance includes $255.6 million in revenue...

Tyco Electronics completed its previously-announced acquisition of ADC Telecommunications. Tom Lynch, Chief Executive Officer of TE, said, "With our expanded product offering and strong position in every major geographic region,...

Colombia is the fastest-growing Internet market in Latin America, growing 31 percent in the past year to reach 11.8 million unique visitors in September 2010, according to a new report...