Tag: Financial

The Securities and Exchange Commission (SEC) has launched a investigation into Nortel Networks' restatement of its financial results as announced ...

National LambdaRail, Inc. (NLR), a consortium of leading U.S. research universities and private sector technology companies, named Professor David J. ...

Brooktrout expects to report Q1 revenue of approximately $18.1 million to $18.3 million, compared to prior revenue guidance of $21 ...

Net Insight, a supplier of video, voice and data networking equipment for the broadcast and broadband markets, announced $8.5 million ...

8x8, Inc. filed a registration statement with the Securities and Exchange Commission (SEC) that would enable it, from time to ...

Avaya announced an agreement with the Tata Group to acquire its shares of Tata Telecom Ltd., a leading communication solutions ...

NETGEAR completed a secondary offering of 6.9 million common shares offered by selling stockholders, which includes 900,000 shares sold pursuant ...

Level 3 Communications has acquired the wholesale dial access business of ICG Communications for approximately $35 million in cash. The ...

Cogent Communications has acquired rights to the dark fiber and other network assets that were once part of Carrier1 International ...

Motorola agreed to acquire Quantum Bridge Communications in an all cash transaction. Financial terms were not disclosed. Quantum Bridge is ...

MCI is reducing its workforce by approximately 4,000 employees as part of its ongoing cost reduction program. The majority of ...

Alcatel will reinforce its Research and Development (R&D) activities focused on IP telephony. The company announced plans to bolster its ...

Verizon Communications issued an immediate response to Standard & Poor's ratings announcement: "Despite the general industry issues cited by S&P, ...