Business & Finance

If there’s one truth about being a CLEC these days, it’s that business models cannot be static. The shift to IP (and consequent phasing-out of TDM services), soaring bandwidth demand and a still-fragile economy all are keeping competitive carriers on the alert for strategic advantages. That’s especially the case as cable operators and LECs hone in on CLECs’ traditional business ...

After hitting a one-year high yesterday on the unveiling of its new router, the portentously named CRS-3 (wasn’t that a cyborg in a James Cameron movie?), Cisco(CSCO)’s share price slipped about 1 percent yesterday. That has to do with broader market fluctuations and the fact that Wall Street had already “priced in” the new router, but it’s also true that ...

Shares of Sprint Nextel Corp. (S) started bouncing back this week as the carrier predicted “revenue stability” for later this year.That is, until a financial analyst told clients in a research note that Sprint is losing an outsourcing contract worth $250 million per year. On Wednesday, Bernstein Research’s Craig Moffett noted Time Warner Cable will stop paying Sprint to handle its ...

An Illinois judge on Tuesday recommended that state regulators not approve Verizon Communications Inc.’s (VZ) landline sale to Frontier Communications (FTR). The move could block the pending deal, which stands to impact 600,000 customers in Illinois alone.Administrative Law Judge Lisa M. Tapia said the transaction will hurt consumers because Frontier will shoulder too much debt to properly manage its network and ...

When AT&T Inc. (T) and its Communications Workers of America (CWA) wireline union members in the Southeast agreed to a new contract last week, they did so after making some changes to a tentative deal that was voted down on Jan. 29.And those adjustments still come off as cushy when you compare the terms to many workers’ benefits.The two parties shook ...