Tag: Financial

Tyco International announced a major restructuring that will include the sale of Tyco Global Network, its undersea fiber optic telecommunications ...

Nortel Networks and Koor Industries will reorganize their joint telecommunications activities in Israel. Under this reorganization, Nortel Networks will assume ...

Cisco Systems reported Q1 revenues of $5.1 billion, up 8.5% from the $4.7 billion reported in the previous quarter and ...

iBasis, a carrier of international IP telephony traffic, reported 866 million minutes of use in Q3, an increase of 29% ...

Michael J. Birck announced plans to step down as CEO of Tellabs by April 2004. Birck was among the co-founders ...

Teleglobe International Holdings announced plans to acquire ITXC, the largest provider of international VoIP wholesale services with direct relationships with ...

Redback Networks filed a pre-packaged plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code. The plan would eliminate ...

Avaya announced an agreement to acquire Expanets, one the nation's largest provider of converged communications for mid-sized businesses, for $152 ...

SBG Labs has acquired all of DigiLens' patents and trademarks through an open bid foreclosure sale held by a syndicate ...

Global Knowledge, a provider of IT and network training courses, appointed Joseph W. Cece as its new president and CEO. ...

Alcatel reported Q3 sales of EUR 3.039 billion, compared to EUR 3.149 billion in Q2 2003. Year over year, sales ...

France Telecom reported Q3 revenues of EUR 11.65 billion, a 2.7% decrease compared to Q3 2002 on a historical basis, ...

Bell Canada Enterprises (BCE) reported total Q3 revenue of $4.88 billion (Canadian), compared to $4.86 billion last year. Earnings per ...