Sonus Networks completed a public offering of 20 million shares of Common Stock at a per share price of $3.05. ...

Lufthansa and Connexion by Boeing declared that their 3-month trial of on-board, W-Fi broadband services along a transatlantic route was ...

SBC Communications has approved Fujitsu Network Communications' FLASHWAVE 4500 next-generation multiservice optical transport platform for use and network deployment. The ...

NEC America introduced its Aspire Key Telephone System for small and medium-sized businesses. The platform, which can support as many ...

D-Link released a new version of its Ethernet Broadband Router that now includes Virtual Cable Tester (VCT) technology to help ...

AirFlow Networks, a start-up based in Sunnyvale, California, closed $8 million in an initial round of funding for its development ...

Nokia agreed to acquire Eizel Technologies, a start-up developing enterprise security solutions, for a net price of US$21 million. Eizel ...

Shiva is acquiring the assets of Memotec, a privately-held supplier of multi-service platforms for IP, Frame Relay and ATM. Memotec ...

Tyco Telecommunications was selected by a subsidiary of the Norwegian Space Centre (NSC) to supply the Svalbard Undersea Cable System ...

Toshiba America Information Systems introduced IP capabilities for its Strata CTX family of business communication systems. Toshiba's Strata CTX is ...

WildBlue Communications, which is planning to launch two-way broadband satellite services for the contiguous United States, closed $156 million in ...

Verizon reported Q1 revenue of $16.3 billion, down 0.6% on a comparable basis to the same period last year. Reported ...

Riverstone Networks named Romulus Pereira as chairman of the board and acting CEO. Pereira, the CEO of Riverstone since its ...