FierceTelecom |
October 9th, 2008 |
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Throughout 2008, the increasingly harsh economic climate has had telecom industry observers wondering how soon and how badly the crisis would impact telco earnings. This year's second quarter earnings reports included numbers from both AT&T and Verizon Communications that were probably better than some people had expected. But their financial reports also provided reasons [...]
FierceTelecom |
September 3rd, 2008 |
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AT&T, Verizon Wireless, Alltel, T-Mobile USA and other telecom service providers are sizing up the impact of Hurricane Gustav on their networks in and around Louisiana, and so far, there appear to be only limited service outages. AT&T mobilized about 2,000 personnel to assess damage and begin restoration efforts in the affected [...]
FierceTelecom |
August 19th, 2008 |
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When industry insiders are asked about the next company likely to enter the U.S. telecom industry's recent M&A fray, Arkansas-based Windstream Corp. seems to be the tip-of-the-tongue response. The 2006 progeny of Alltel was restricted in the amount of stock it was allowed to issue following the spin off, but that restriction [...]
With AT&T and Verizon delivering strong second quarters and Embarq poised to release its results after market close today, you knew there had to be some bad news for telcos on the horizon.It arrived in the form of a demand from Rep. Henry Waxman, D-Calif., chairman of the House Oversight [...]
Verizon Communications Chairman and CEO Ivan Seidenberg says the U.S.'s number two telecom will be the hunter and not the prey-especially where it concerns its Verizon Wireless partner Vodafone--as telcos continue to consolidate. "We're not for sale," he told the Financial Times. "And in case you didn't get that the [...]
> Court to hear case over mothers' retirement benefits Report > CenturyTel boosts outlook for Q2 News Brief > CWU fails to win recognition bid at Cable & Wireless Report > Swedish military says FT buy of TeliaSonera no security risk Report > AT&T Ohio president Browning departing Article > [...]
Don’t look for a domino effect of M&A’s after Verizon’s buy of Alltel, analysts say, there’s too much pressure being applied on too many fronts for the Big Telcos to go Read more[...]