Nokia Reports Profit Slip, Boosts Market Share
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Nokia has announced a 6% year-on-year (y/y) fall in fourth-quarter 2005 profits. The company blamed the drop on falling prices of its low-end mobile devices in emerging markets, among other things. It reported a net income reduction to 1.07 billion euro (US$1.3 billion), although sales rose by 9% to 10.33 billion...
AT&T and Verizon Upbeat on 2006 Prospects
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AT&T and Verizon are making positive noises about their prospects in 2006. AT&T, which now constitutes the old AT&T and SBC, reported a 7.5% increase in revenues in 2005 and a 4.5% increase in operating income. Its local voice revenues declined by 3.6% over the year and accounted for 46% of total revenues, down from 51% in...
Verizon 4Q Earnings Down but Meets Views
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NEW YORK -- The rising cost of pensions and building out a fiber-optic network kept earnings essentially flat at Verizon Communications Inc. in the fourth quarter, while customers migrated from traditional phone lines to cell phones and broadband connections. The New York-based telephone company said it earned $1.7 billion, or 59 cents...
Deutsche Telekom Reports Growth in U.S.
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BERLIN -- Germany's Deutsche Telekom AG said Thursday its U.S. mobile unit gained its largest number of new customers to date last year, with rapid growth in the fourth quarter powering a strong overall wireless performance. T-Mobile USA gained a net 1.4 million customers in the October-December period, the Bonn-based parent company...
IP PBXs Now the Preferred Choice of US Businesses
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SCOTTSDALE, Ariz. -- US businesses have moved beyond experimenting with IP solutions to incorporating them into the fabric of their voice and data network strategies, reports In-Stat. Many businesses have realized tangible benefits from IP deployments and are increasingly expanding them, the high-tech market research firm says....
CPUC Considers New Rules
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The battle over wireless consumer rights in California is boiling over again as regulators push two different ideas about how to oversee wireless services in the state. The idea of a "Consumer's Bill of Rights" has morphed into another potential donnybrook at the California Public Utility Commission (CPUC). Commissioner Dian Gruenreich...
VOIP Peering Bypasses KPN
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The VOIP peering company XConnect Global Networks Ltd. has landed in the middle of a significant VOIP peering arrangement involving five large Dutch cable carriers with 450,000 VOIP users among them. (See Dutch Cablecos Use XConnect.) XConnect is peering together the VOIP services of United Pan-Europe Communications NV (UPC) (Nasdaq:...
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