List of All Telecom News
| Qwest Reports Higher Profits, Weaker Revenue
02/08/2007
Qwest Communications has reported a surge in second-quarter profits, as sharply reduced operating costs offset flat overall revenue.Net income more than doubled to $246 million, or $0.13, compared to just $117 million in the same three-month period a year earlier. This result failed to live up to the $0.15 predicted by analysts, however, as revenue slipped by about $10 million to $3.46 billion.A... |
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| SunRocket VoIP to Shut Down “No Later than August 5″
30/07/2007
Failed VoIP provider, SunRocket, has announced a temporary reprieve for its subscribers, by reconnecting its service and giving users until August 5 to move their phone numbers to another carrier.We urge each and every customer that has not signed up with a new service provider to immediately do so now, the sunken startup says on its website. Do not delay as services are being discontinued and... |
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| Ofcom Proposes New Regulations for VoIP Emergency Access
28/07/2007
VoIP providers in the United Kingdom could soon be required to offer 999 emergency functionality, under a new set of rules proposed by Ofcom this week.Ofcom states that all VoIP home phone providers, and online voice networks which allow customers to call landline telephones, should be required to offer full access access to emergency services. This recommendation comes on the heels of startling... |
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| BT Reports Healthy Broadband Growth, but Profit Margins Disappoint
27/07/2007
UK telecom giant, BT Group, announced a 31% increase in first quarter profits yesterday, driven by strong demand for broadband connections and IT network services, along with a one-time tax credit.The company reported a profit of £607 million (US$1.25 billion), up from £464 million in the same three month period a year earlier. Excluding the £119 million tax gain, net earnings increased by... |
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| Cablevision Offers Multiple Digital Phone Lines; Verizon Annoyed
21/07/2007
Cablevision Systems Corp. has began offering up to four phone lines per household to users of its Optimum Voice digital telephone service.Customers with existing digital voice accounts will be able to add up to three additional lines for just $14.95 per month each. A Cablevision spokesman claims that this is less than half what traditional phone companies charge for an equivalent service.This new... |
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| Vonage Offers Two Months of Free VoIP Service to SunRocket Orphans
18/07/2007
America’s leading pure-play VoIP provider, Vonage, is offering two months of free broadband phone service to former clients of its smaller rival, SunRocket, which went out of business earlier this week.Vonage will transfer any phone number formerly associated with SunRocket, free of charge, to its U.S. Residential Premium Unlimited Plan. This service includes unlimited local and long... |
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| SunRocket Cuts Off Service to 200,000 VoIP Customers
17/07/2007
America’s second largest pure-play VoIP provider, SunRocket, suddenly cut off its service yesterday evening, amid a swirl of reports that the company had laid off the remainder of its employees and was intending to go out of business.Second only to Vonage among standalone VoIP providers, SunRocket had approximately 200,000 customers as of April. It has recently been running low on funds,... |
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| U.S. Trails Europe in Residential VoIP Adoption
16/07/2007
The United States is falling behind European markets in consumer VoIP adoption, according to a recent In-Stat study, which predicts that this growing gap could further stifle investment in America’s IP telephony sector.A total of 14 million Europeans signed-up for VoIP in 2006, bringing the total number of residential VoIP subscriptions to 19 million at the end of December. In-Stat says... |
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| Cogeco Cable Posts Huge Increase in Revenue, Profits
11/07/2007
Canadian cable giant, Cogeco Cable, has announced a 56.3% increase in sales during its third quarter, with total revenues of $240.6 million. Net income increased to an even $20 million, or 53% higher than the same three-month period last year.Cogeco lost a net total of 2,900 basic cable subscriptions in Q3, but managed to add 8,000 digital television users and 11,000 cable broadband customers.... |
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| Telus Remains Interested in BCE Buyout
06/07/2007
Western Canada’s leading telephone carrier, Telus Corp., is still interested in buying Bell Canada Enterprises Inc., and will likely attempt to trump a competing bid by the Ontario Teachers Pension Plan, according to Scotiabank analyst, John Henderson.“We understand Telus remains very interested in this once-in-a-lifetime merger opportunity,” Henderson wrote in a recent report.... |
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