List of All Telecom News
| Qwest’s Strength in Broadband Drives Increase in Fourth-Quarter Profits
14/02/2008
America’s third-largest telecom provider, Qwest Communications International, reported an 89% leap in fourth-quarter profits on Tuesday, due to growth in high-speed internet subscribers, as well as a significant one-time tax gain.Qwest generated profits of $366 million, or $0.20/share, for the three-month period ending on December 31, up from $194 million, or $0.10/share, in the fourth... |
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| AT&T Launches U-Verse VoIP in Connecticut
13/02/2008
U.S. telecom giant, AT&T, launched its U-verse VoIP service in parts of Connecticut yesterday, giving its users access to new features and pricing options.U-verse VoIP, which uses AT&T’s fiber optic broadband network to transmit voice digitally, allows users to integrete their landline telephones with broadband internet, mobile phone, and U-verse television services. It was first... |
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| Verizon Sues Charter Communications for Infringing VoIP Patents
12/02/2008
New York-based telecom giant, Verizon Communications, has launched a patent infringement lawsuit against Charter Communications, its second legal action against a major cable company in the space of a month.Verizon filed its case against Charter on February 5 in the U.S. District Court for the Eastern District of Texas, which has traditionally been favourable to plaintiffs in patent infringement... |
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| Embarq Beats Estimates with $370-Million in Fourth-Quarter Profits
09/02/2008
Regional telecom carrier, Embarq Corp., reported fourth-quarter operating income of $370 million, or $1.23/share on Thursday, beating analysts’ average estimates of $1.10/share.Embarq’s overall revenue was $1.58 billion for the quarter, down 2.5% from $1.62 billion in the same period a year earlier, largely due to a ongoing decline in fixed-line telephone subscriptions. The carrier... |
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| U.S. Senate Votes to Make Do-Not-Call List Permanent
08/02/2008
In a blow to telemarketers, the United States Senate voted to approve the Do-Not-Call Improvement Act of 2007 this year, making it harder for salespeople to contact customers at their homes.President George W. Bush says that he will sign the new legislation, which allows customers to permanently add their numbers with the national Do-Not-Call registry, and prevents the Federal Trade Commission... |
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| Verizon Reports 4% Growth in Fourth-Quarter Profits
29/01/2008
U.S. telecom giant, Verizon Communications, announced yesterday that it experienced a 4% growth in profits in the fourth-quarter, as its fast-growing mobile phone business continued to outpace losses in the fixed-line telephone market.Verizon’s profit for the final three months of 2007 came in at $1.07 billion, or $0.37 per diluted share, up from $1.03 billion ($0.35/share) in the same... |
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| AT&T Posts 62% Jump in Fourth-Quarter Profits
25/01/2008
America’s biggest telecom provider, AT&T Inc., posted a 62% increase in fourth quarter profits yesterday, after adding a record 2.7 million wireless subscribers in the final three months of 2007.Quarterly income reached $3.14 billion, or $0.51 per share, up from $1.94 billion in the same period last year. Revenue almost doubled to $30.3 billion, but fell slightly short of the $30.5... |
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| China Telecom Loses 1.48-Million Customers as China Mobile Flourishes
22/01/2008
China’s state-owned telephone operator, China Telecom, lost a record 1.48 million landline telephone customers last month and posted its first ever full-year drop in users, due to the rapidly increasing popularity of mobile phone services.The country’s leading wireless carrier, China Mobile, which is also state-controlled, separately reported gains of 6.6 million customers in the same... |
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| Triple-Play Telecom Competition Gives New Power to Consumers
21/01/2008
As competition heats up in the triple-play telecom market, the cost of bundled communications and entertainment services is becoming increasingly elastic, as many users have discovered.Customers who threaten to switch carriers have been able to negotiate better triple-play deals after the expiry of their contracts or introductory promotions. This trend stems from the increased competition as... |
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| Embarq Launches 10-Mbps DSL Internet Service
18/01/2008
Embarq, a regional telecom provider formerly owned by Sprint Nextel, launched a 10-Mbps DSL offering across much of its footprint this week, after completing a four-month trial of the new service in Las Vegas, Nevada.Embarq has tweaked its broadband pricing scheme in order to accommodate the fastest tier, reducing the cost of its 3-Mbps and 5-Mbps DSL services from $44.95 and $54.95 to $39.95 and... |
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