Sprint Writes Off Most of Nextel Equity; Posts $29.5-Billion Loss

6:00 am on February 29, 2008 | Category: Business, Telecom Services, Wireless, Corporate

America's third biggest mobile phone provider, Sprint Nextel, reported a staggering fourth-quarter loss of $29.5 billion, after writing off most of the remaining value of Nextel Communications, which it acquired in 2005.

Verizon Forms Distribution Partnership with Weichert Realtors

5:50 am on February 29, 2008 | Category: Web Services, Telecom Services, Telephone, Internet, Television

U.S. real estate mega-agency, Weichert Financial Services, has formed a partnership with Verizon Communications, promoting a selection of Verizon telecom services to homebuyers moving to a new city or state.

Citizens Communications Reports $59-Million in Fourth-Quarter Profits

6:37 am on February 28, 2008 | Category: Business, Telecom Services, Telephone, Internet, Corporate

Rural U.S. telecom provider, Citizens Communications Co, posted higher-than-expected fourth-quarter earnings on Tuesday, bolstered by strong revenue from two recent acquisitions.

Verizon Sets March 31 Closing Date for FairPoint Deal

5:55 am on February 28, 2008 | Category: Business, Telephone, Corporate

America's second largest telephone carrier, Verizon Communications, said Tuesday that it is aiming to close the planned sale of its telecom businesses in norther New England on March 31.

SingTel, Google, and Others to Lay New Transpacific Internet Cable

7:30 am on February 27, 2008 | Category: Business, Telecom Services, Internet

Singapore Telecommunications Ltd. (SingTel) announced yesterday that it is teaming up with Google, KDDI Corp., Bharti Airtel, Pacific Internet, and Global Transit to build a new underwater cable linking Japan and and the United States.

AT&T Brings “Vegas on Demand” Content to U-verse IPTV Network

7:17 am on February 27, 2008 | Category: Web Services, Telecom Services, Television

America's biggest telecom provider, AT&T Inc., is bringing a little bit of Las Vegas to its U-verse IPTV customers, adding content from Players Network Inc. to its Video On Demand library.

Siemens Cuts 39% of Corporate Telecom Workforce

6:55 am on February 27, 2008 | Category: Business, Corporate

Europe's biggest engineering company, Siemens AG, is downsizing its corporate telecommunications division with the elimination of 6,800 jobs, after failing to find a buyer for the unit for the past two years.

Mobile TV Meets with Increasing Demand, Say CNN and Ericsson

6:00 am on February 26, 2008 | Category: Business, Telecom Services, Television, Wireless, Multimedia

Mobile television is set for a surge in popularity, with more users expressing interest than ever before, according to a recent study by Swedish telecom equipment vendor, Ericsson, and American news broadcaster, CNN.

400,000+ Apple iPhones Now Being Used in China

6:30 am on February 25, 2008 | Category: Telecom Services, Mobile Devices, Wireless, Cell Phones

More than 400,000 Apple iPhones are already in use in China, according to data supplied to In-Stat by China Mobile, even though the device hasn't been commercially released in the country.

AT&T Upgrades Online Portal for Small Business Users

6:00 am on February 25, 2008 | Category: Business, Web Services

American telecom giant, AT&T Inc., upgraded its free online small business portal last week, adding new resources for business owners and managers.

Worldwide FTTH Broadband Market to Grow 30%/Year through 2012

5:30 am on February 25, 2008 | Category: Business, Telecom Services, Internet

The worldwide number of households with fiber-to-the-home (FTTH) broadband connections, will grow at an annual rate of more than 30% through 2012, and reach 89 million by that time, according to a new report from the research firm, Heavy Reading.

Bundled Services Gain Popularity in Irish Telecom Market

1:55 am on February 25, 2008 | Category: Telecom Services, Telephone, Internet, Wireless

Some 52% of Ireland's landline telephone users now bundle internet access or some other service with their telecom subscription, according to a recent survey by Millward Brown IMS, on behalf of ComReg.

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Published by TeleClick Enterprises
Edited by Jeremy Maddock