T-Online reports plunge in fourth-quarter profit amid sharp competition
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BERLIN -- T-Online International AG, Europe's largest Internet service provider, said Wednesday that its net profit plunged 82 percent in the fourth quarter amid stiff competition and higher costs. The German firm posted net profit for the last quarter of 2005 of 11.4 million (US$13.5 million), down from 63.1 million (US$74.9...
Versatel Posts 13% Y/Y Increase in End-2005 Sales
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Dutch alternative telco Versatel posted a 13% year-on-year (y/y) increase in end-2005 revenue to 681 million euro (US$813 million) (compared to 601 million euro in 2004). Net profit stood at 199 million euro, compared to a loss of 23 million euro in 2004. The sale of Versatel's German operations to Germany's Apax for an equity value of...
U.S. Residential VoIP Subscribers Reach 4.2 mil. in 2005
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The U.S. Telecommunications Industry Association (TIA) has announced that at the end of 2005 there were 4.2 million residential VoIP subscribers, up from 1.2 million at the end of 2004 and 150,000 at the end of 2004. Revenues from VoIP reached US$1.1 billion in 2005, up from US$200 million in 2004 and US$25 million in 2004. In its 2006...
Sprint's Enterprise Challenge
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Customers can be forgiven if they view formation of Sprint's new Enterprise Mobility division as a good-news/bad-news proposition. (See Sprint Opens Mobile Services.) Sprint Nextel Corp. (NYSE: S - message board) launched the unit in December to help large businesses and government users design, implement, and manage custom wireless...
EU Probe Endangers $1.6B Austria Sale
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Alltel says its subsidiary Western Wireless International Austria Corp. and Deutsche Telekom subsidiary T-Mobile Austria GmbH are negotiating to extend their agreement for the $1.6 billion cash sale of tele.ring, Alltel's Austrian business, to T-Mobile. This deal was signed more than six months ago but it never closed because of...
Enhanced Enterprise VoIP Security System
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Enterprises, financial institutions and other organizations using Internet telephony need to sure that their voice communications are secure as well as inexpensive. That's not easy, however, when an organization uses low-cost VoIP services that fling voice data out over the public Internet. Patton Electronics, a Gaithersburg,...
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