List of All Telecom News
| Vodafone Challenges New Zealand’s Landline Telephone Incumbent
09/06/2008
Mobile phone giant, Vodafone Group’s New Zealand division announced last Friday that it would spend NZ$50 million to roll-out fixed-line telephone services to a quarter of the country’s population.Vodafone plans to take advantage of recent regulatory changes forcing incumbent landline carrier, Telecom New Zealand, to open up its network to competitors.The UK-based cell phone operator... |
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| Verizon Looks at Extending FiOS Targets; Considers Rural Wireless Acquisitions
03/06/2008
America’s second largest telecommunications carrier, Verizon Communications, is considering expanding its FiOS broadband and TV network beyond an initial target of 18 million households, according to the company’s Chief Financial Officer, Doreen Toben.“We are currently looking at — and we will in the middle of this year — more expansion,” Toben said.... |
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| Enterprise FMC Market to Hit $50-Million by 2012, Says Strategy Analytics
02/06/2008
The market for enterprise fixed-mobile convergence (FMC) services will grow to reach $50 billion by the year 2012, according to a recent report by Strategy Analytics.Researchers predict that a number of factors will push the enterprise FMC market towards a key tipping point over the next couple of years.“The Emergence of a business justification for FMC based on business processes, the... |
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| Cable VoIP and Wireless Threaten Traditional U.S. Telephone Carriers
28/05/2008
American cable companies are positioned to capture a growing share of the residential telephone market, according to a recently updated forecast from SNL Kagan.In the past two years, incumbent landline operators have seen their share of the residential telephone market drop from 90% to 74%, and SNL Kagan expects a further 23% drop over the next five years, as low-priced cable VoIP offerings... |
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| Vodafone Acquires Remaining 26% Stake in Arcor AG
20/05/2008
The world’s largest mobile phone operator, Vodafone Group, has agreed to acquire the 26% of German landline provider, Arcor AG, that it doesn’t already own, in an all-cash deal worth 474 million (US$739 million).Newbury, England-based Vodafone already bundles Arcor’s high-speed internet offering with its own line of wireless services, but says that a complete acquisition will... |
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| FairPoint Reports $10-Million First-Quarter Loss, in Wake of Verizon Deal
17/05/2008
FairPoint Communications Inc., a small local and long distance telephone company which recently acquired Verizon’s landline businesses in three New England states, reported a net loss of $10 million for the first quarter, compared to a combined profit of $10 million in the same period a year earlier.FairPoint officially became America’s eighth largest local telephone carrier on March... |
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| Embarq Considers Selling Wireless Business, While Developing FMC Services
16/05/2008
Regional landline operator, Embarq Corp., will hold onto its wireless division for the time being but may sell it to another company next year, said the carrier’s Chief Financial Officer, Gene Betts, at a recent analyst conference in Washington, D.C.Embarq actively marketed cell phone services for over 18 months through a partnership with its former parent company, Sprint Nextel Corp. At... |
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| Broadband and Digital TV Boost Windstream’s First-Quarter Profit
13/05/2008
Regional U.S. telephone operator, Windstream Corp., has reported a 24% jump in first-quarter profit, thanks to strong customer growth in its broadband and digital television businesses.Windstream’s net income for the quarter rose to $123.7 million, or $0.27/share, from $99.9 million in the same three-month period a year earlier. Quarterly revenue came in at $811.7 million, up from $783.7... |
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| Bell Canada Profits Drop, Revenue Stagnant in First Quarter
08/05/2008
Canada’s largest telecommunications carrier, Bell Canada Enterprises Inc., has reported a 45% drop in profit for the first quarter of 2008, as it paid to expand its broadband infrastructure into 86 remote and rural communities.Net Q1 income weighed in at C$289 million, or $0.32/share, compared to C$529 million in the same period a year earlier. Revenue, meanwhile, edged up 1% to C$4.39... |
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| Embarq Reports Higher First-Quarter Profit, Despite Landline Losses
01/05/2008
Overland Park, Kansas-based telecommunications operator, Embarq Corporation, reported a rise in first-quarter profit Tuesday, despite losses in its core landline telephone business.Embarq’s quarterly net income came in at $212 million, or $1.38/share, up from $160 million in the first three months of 2007. Revenue, meanwhile, fell slightly to $1.57 billion, from $1.59 billion in Q1/2007, as... |
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