Technicolor (NYSE: TCH) may enter the U.S. broadband market soon with a deal to provide routers for Verizon’s (NYSE: VZ) FiOS service. The companies are negotiating a three-year strategic agreement and signed a memorandum of understanding this week. If the deal goes through, Technicolor broadband routers would be deployed within the FiOS subscriber footprint beginning [...]
SureWest Communications (Nasdaq: SURW) took advantage of its established broadband networks to continue reducing capital expenditures in the second quarter of 2010, a factor that president and CEO Steve Oldham cited in reporting a 7 percent year-over-year growth in its broadband segment. The carrier’s telecom segment did not fare so well, falling 17 percent compared [...]
Vermont already wasn’t exactly a great state for broadband, given the largely rural state is a ROI nightmare for large ISP bean counters. Their broadband fortunes were recently made substantially worse by Fairpoint Communications, who acquired Verizon’s unwanted New England DSL network, then subsequently imploded under the not so watchful eye of Vermont regulators. Vermont’s [...]
Things are tough all over for telecoms as the economic slump continues, but BT (NYSE: BT) saw some bright glimmers of hope in the first quarter of fiscal 2010 that ended June 30. While the company’s revenues decreased 4 percent year over year, a focus on tightening the operating budget and knocking down its net [...]
Bell Aliant (Toronto: BA-UN.TO) once again is feeling the industry-wide impact of landline loss in the second quarter, but the service provider remains confident that its ongoing investments in Fiber to the Home (FTTH) and IP will pay off. During the quarter, Bell Aliant’s operating revenues declined $31 million compared to Q2 2009. The service [...]
Frontier’s (NYSE: FTR) mandate that union employees in its West Virginia have to work an average 70 hours work week to resolve lingering network and service issues is likely a move by the service provider to avoid the pitfalls that both Fairpoint (Other OTC: FRCMQ.PK) and Hawaiian Telecom faced after they purchased Verizon’s (NYSE:VZ) lines. West [...]