Telecommunications equipment maker Alcatel-Lucent SA said Tuesday that it plans to cut 10,000 jobs worldwide over the next two years, the latest cost-cutting drive from the loss-making company. The job cuts are part of a restructuring plan to make the French-American company more competitive.
Time Warner Cable has expanded its fiber footprint in the Southeast by reaching an agreement to buy DukeNet Communications for $600 million in cash. Time Warner Cable reached the agreement, which included the repayment of debt, with Duke Energy Corporation and investment funds managed by Alinda Capital Partners, both of which had 50 percent stakes in DukeNet.
Comcast Business announced this morning that it has added web conferencing vendor AnyMeeting into its cloud-based Upware virtual marketplace. Comcast Business’ Upware, which made its debut near the first of the year, is a virtual marketplace that was designed to serve the needs of small and medium-sized (SMBs) businesses.
Wide Open West (WOW) recently signed a bilateral interconnect agreement with Global Capacity that expanded the reach of its network footprint. WOW’s interconnect deal with Global Capacity's One Marketplace Chicago point of presence (PoP) connected its on-net assets to a wider national and global market
Fixed LTE and DOCSIS 3.0 shipments boosted the broadband customer premise equipment (CPE) market in the second quarter of this year. According to a recent report by Infonetics Research, worldwide broadband CPE revenue reached $2.7 billion in second quarter, up 8 percent from the previous quarter and up 29 percent from a year ago
BlackBerry said Friday that it is committed to completing a series of major changes quickly after posting a nearly billion-dollar loss and a 45 percent drop in revenue for the second quarter. The troubled smartphone company reported a loss of $965 million and revenue of $1.6 billion
BlackBerry has cancelled Friday's conference call with analysts to discuss its latest earnings report. The troubled smartphone company said Wednesday evening that in light of Fairfax's letter of intent to buy BlackBerry, the call has been cancelled.
As part of a new promotion, Charter Communications’ voice customers in California can place unlimited calls to landlines in Mexico. The promotion also includes up to 250 minutes of calling to cell phones in Mexico with the Charter Phone Unlimited plan in California and a subscription to the Triple Play PaqueTV Plus package.
Comcast Business has added a mobile app for Android and iOS devices to its Business VoiceEdge service. The free mobile app extends unified communications and video calling features into VoiceEdge, which is a cloud-based PBX offering for small and medium-sized business.
The city of Pasadena picked MRV Communications’ optical transport offering for its new communications network. Pasadena is using MRV’s FiberDriver to provide high-capacity optical services for its municipal network. The city’s new network will be used to link its facilities using future-proof, high bandwidth services over a fully-owned fiber infrastructure.
Bright House Networks Business Solutions has cut a deal to provide Monin Gourmet Flavorings, which makes premium syrups and flavoring products, with its hosted voice service. The voice service is being used by three of Monin’s corporate offices in Clearwater and Largo, Fla., and Grapevine, Texas.
According to a recent report, Cisco stretched its lead for enterprise session border control (eSBC) revenue in the recent second quarter. Looking ahead, Infonetics Research forecast the global enterprise SBC market to grow at a 17 percent compound annual growth rate (CAGR) between 2012 and 2017.
The Society of Cable Telecommunications Engineers (SCTE) has lined up Cox Communications president Pat, Esser, Comcast executive vice president and chief operating officer Dave Watson and Arris chairman and CEO Bob Stanzione for the opening general session at next month’s SCTE Cable-Tec Expo in Atlanta.
Ray Dolby, an American inventor and audio pioneer who founded Dolby Laboratories, has died at the age of 80. The company said Thursday that Dolby died in his home at San Francisco. He had been living with Alzheimer's disease for several years and was diagnosed with acute leukemia this summer.
Following on the heels of its formation last month, RDK Management has named Comcast executive Steve Heeb as its president and general manager, along with picking S3 Group and itaas to provide support services to the organization and its licensees. Heeb, who is already manning the RDK Management helm, brings 20 years of industry experience to the organization.
Comcast has passed out promotions to Lynn Charytan, Jennifer Khoury and Marcien Jenckes, and hired newcomer Ed Brassel to a newly created job. After previously serving as senior vice president and general manager of video services for Comcast Cable, Jenckes has been promoted to executive vice president, consumer services.
Time Warner Cable recently announced that Mark FitzPatrick had been promoted to senior vice president and chief financial officer of residential services. FitzPatrick, who now reports to executive vice president and chief financial officer Artie Minson, now oversees all areas of finance for the company’s residential, media and video operations.
Cox Communications has entered into a definitive agreement to buy EasyTEL, which is a Tulsa, Okla.-based competitive local exchange carrier (CLEC.) The deal will give Cox Business better access to a metropolitan fiber network in order to provide voice, video and data services to area businesses.
After almost a year of designing, building and testing, Charter Communications has re-launched its website. The new corporate website, which features integrated entertainment, products and services information, was largely done in-house by Charter’s digital marketing team.
Verizon's $130 billion deal with Vodafone is huge for both companies, although Verizon customers in the U.S. are unlikely to see any big changes to their bills or their service. Verizon is buying the 45 percent of its wireless business owned by British cellphone carrier Vodafone.
Microsoft Corp. is buying Nokia Corp.'s line-up of smartphones and a portfolio of patents and services in an attempt to strengthen its fight with Apple Inc. and Google Inc. to capture a slice of the lucrative mobile computing market.
Britain's Vodafone PLC, one of the world's largest cellphone companies, confirmed Thursday that it was talking to Verizon Communications about selling its U.S. operations. The U.K. company is mulling its options for its 45 percent stake in the U.S.'s Verizon Wireless, of which Verizon Communications owns the other 55 percent.
Bright House Networks recently announced it was provisioning voice and data services for the nation’s eighth-largest school district. Hillsborough County Public Schools (HCPS), which is headquartered in Tamp Bay, Fla., started migrating its voice and data transport services to Bright House Networks in April before completing the process on July 1.
Suddenlink Communications has signed a deal with Telarus that allows the latter to resell its portfolio of small, medium and enterprise broadband and voice services. The deal marked Suddenlink’s entry into the outside sales channel sector, which will help the nation’s seventh-largest cable operator reach higher-end business clientele.
This morning Cox Business announced a strategic partnership with ViaWest that will enable it to offer commercial customers secure fiber network connectivity along with compliant colocation and cloud infrastructure services. Cox Business will start offering ViaWest’s services to customers initially in its Las Vegas, Phoenix and Southern California markets.