Tag: Financial

Mpower Communications, a facilities-based competitive carrier that emerged from Chapter 11 last year, closed the sale of its networks in ...

Focal Communications, a CLEC serving 23 top U.S. markets, filed an amended reorganization plan with the bankruptcy court. As previously ...

Lucent Technologies reached an agreement to settle all pending shareowner and related litigation against the company, its current and former ...

Riverstone Networks reported revenues of $15.1 million for the quarter ended 01-March-2003, a sequential increase of 9.7% over revenues of ...

SR Telecom agreed to acquire Netro Corporation for approximately US$121 million, which represents a premium of 28% to Netro's closing ...

U.S. Congressman Darrell Issa (R-CA) issued a public letter to Secretary of Defense Donald Rumsfeld and U.S.AID Administrator, Ambassador Wendy ...

In it monthly financial update to the bankruptcy court, WorldCom reported $2.16 billion in revenue versus $2.20 billion in December ...

Tellabs named Timothy J. Wiggins as executive vice president and CFO, replacing Joan Ryan, who resigned in February to accept ...

Conexant's board of directors approved a plan to separate its Mindspeed Technologies Internet infrastructure business in a tax-free spin-off to ...

The New York Times reported that Richard N. Perle, chairman of the influential Defense Policy Board, has been retained by ...

Cisco Systems will acquire The Linksys Group, one of the leading providers of home networking products, for approximately $500 million ...

3Com reported quarterly revenue of $245 million. The net loss was approximately $79 million, or $0.22 per share. This compares ...

3Com and Huawei Technologies will form a joint venture based in Hong Kong with principal operations in Hangzhou, China. Huawei's ...