Cogent Announces Restructuring and $41 Million in New Funding
Cogent Communications has nearly completed the restructuring of its debt and has raised $41 million in cash equity from investors ...
Unions to Begin Bargaining with Verizon for New Contract
The Communications Workers of America , a union representing 60,000 employees at Verizon Communications, said it is optimistic on reaching ...
Telecom Developpement selects Alcatel for DSL Rollout
Telecom Developpement (TD), a competitive carrier in France, selected Alcatel as its sole supplier for a mass network rollout in ...
Qwest Launches its Own "Migrate to Stability" Program
Qwest Communications launched a "Migrate to Stability" marketing campaign seeking to attract enterprise customers stranded by the recent decisions from ...
CIENA Unifies Management of Optical And Data Layers
CIENA, which completed its acquisition of WaveSmith Networks earlier this week, announced the availability of integrated optical and data network ...
Alcatel Joins in SATLYNX for European 2-way Broadband Satellite
Alcatel will acquire a 17.9% stake in SATLYNX, a venture that aims to provide two-way satellite broadband services across Europe. ...
UTStarcom Announces China Netcom Contact for Henan Province
UTStarcom announced a new $28.7 million contract from China Netcom for new deployments of its IP-based PAS (Personal Access System) ...
Level 3 Bondholders Convert Debt into New Shares
Longleaf Partners Funds, Berkshire Hathaway, and Legg Mason converted all of their outstanding 9% junior convertible subordinated notes due 2012 ...
China's Hunan Unicom Selects Lucent for Optical Backbone
Hunan Unicom, a subsidiary of China Unicom, selected Lucent Technologies to supply SDH optical transport systems for its provincial backbone. ...
AT&T Stages Network Disaster Recovery Drill in Chicago
AT&T will conduct a five-day network disaster recovery (NDR) exercise beginning tomorrow in Chicago to evaluate how well it can ...
Acterna Receives Approval for $30 Million Bankruptcy Financing Package
Acterna received bankruptcy court approval for a $30 million debtor-in-possession (DIP) financing package arranged by a group of banks led ...
Siemens Mobile Acceleration invests in Realeyes3D
Siemens Mobile Acceleration has made an equity investment in Realeyes3D, a start-up based in Paris, France that specializes in advanced ...
AT&T Reaches Agreement with Unions, Wages & Pensions Increase
AT&T reached tentative agreements with the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW) on ...
A private dossier for networking and telecoms