Wireless, Data and Video Keep Verizon Up in Q3
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Verizon has managed to boost operating income by an impressive 19% year-on-year (y/y) to US$4.2 billion in the third quarter of 2007, on the back of consolidated revenues up 5.8% to US$23.8 billion. Operating margins have grown from 15.7% to 17.7% on a reported basis or from 16.2% to 18.1% on an adjusted...
Covad Bought Out by Private Equity
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Integrated voice and data service provider Covad Communications has announced that it is to be bought out by private equity investor Platinum Equity. The offer of US$1.02 per share is a 59% premium on the 26 October 2007 closing price. Covad sells a range of products, including DSL, VoIP, T1 lines, broadband wireless and managed...
US Consumers Have Strong Preference for Converged Voice
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SCOTTSDALE, Ariz. -- US broadband consumer households have an overwhelming preference for converged voice services (CVS) that integrate mobile and fixed communication, reports In-Stat. According to a recent In-Stat survey of US broadband households, consumers strongly favor buying all household services from a single service...
Sprint Agrees to Unlock Former Customers' Phones
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Sprint Nextel has agreed to allow departing customers to unlock their handsets as part of the company's proposed settlement of a class action suit filed last year in California. The carrier said it will provide customers with codes to unlock their handsets. However, the codes won't work with Nextel-branded phones that...
Iliad Tempers Its FTTH Target
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Iliad is aiming to pass 241,000 Parisian homes with its FTTH (fiber-to-the-home) offer by the end of this year, about 30 percent fewer than originally planned, the French competitive operator said today. Iliad, which provides triple-play services under its Free brand, announced in March this year that it planned to pass...
3 Launches Skypephone
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3 Group and Skype Ltd. launched the much anticipated, co-branded, awkwardly named "3 Skypephone" today. Skype says it now wants to roll out the inexpensive device with other mobile operators in markets outside 3's territories. The imminent launch of the handset has hardly been a big secret lately -- 3 has offered...
Suppliers Push Unified Fabrics Based on InfiniBand
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A growing roster of suppliers aims to reduce data center complexity by converting protocols across data management and storage networks. And some are touting InfiniBand as a key element in the strategy to achieve a "unified fabric." Voltaire, for instance, today unveiled a device called the SR4G High Performance...
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