Tag:

Earnings

Latest Headlines

Latest Headlines

NSN Q3 revenue up

Nokia Siemens Networks reported third-quarter revenue growth of about 7% since the previous quarter to about $5.3 billion. The company also lowered its operating loss. That's all good news for a

SPOTLIGHT: Occam investors demand changes

Occam Networks, a relatively small optical equipment vendor that has had great success landing contracts in the independent telco market, drew massive criticism from investors during its earnings

Qwest mulling a dividend

Qwest Communications International is rare among telephone companies in that it hasn't offered a dividend to shareholders in more than six years. Of course, the last six years haven't exactly been

Nortel pays $35 million in SEC case

Is Nortel Networks eager to move beyond years of financial scandal? The company moved quickly to settle a lawsuit with the Securities and Exchange Commission for $35 million yesterday, on the same

Ericsson issues 3Q warning

Ericsson joined the lengthening list of vendors who have issued third-quarter earnings warnings. The mobile vendor giant, which also has made key investments in wireline IP edge assets in recent

Will telco retiree funds unionize?

General Motors Corp., which had been suffocating under the weight of costs related to health benefits for retirees, off-loaded those costs to a new fund run by the United Auto Workers labor union.

Citizens to cut 120 jobs

Citizens Communications, based in Stamford, Conn., is the latest independent telco to show that it's not immune to the cost cuts and job reductions that larger telcos often face. The company said it

Alca-Lu disputes report, backs Russo

Alcatel-Lucent's board of directors issued a statement late yesterday that disputed French newspaper Les Echos' report last week that CEO Patricia Russo was losing board support and faced a one-month

eBay takes $1.4 billion Skype charge

We don't want to criticize pure-play VoIP service providers too much, but the evidence keeps piling up against them. Now, eBay is taking a $1.4 billion charge against earnings that it acknowledged is

Carrier capex down for Q3

When Alcatel-Lucent recently changed its revenue outlook downward and warned of softening spending by carriers, many industry observers didn't buy it. They wanted to blame the company's merger