Archive

Using authorization given in the wake of the Sept. 11 attacks on the U.S., the National Security Agency has secretly been working with major telecom companies to collect and store records of millions of phone calls, according to a published report. USA Today reported Thursday that the NSA has worke...

AT&T plans to start the New Year with a massive advertising campaign aimed at re-introducing one of the most venerable brand names in telecommunications history to consumers who may need a refresher course after an historic year of upheaval and consolidation in the communications industry. AT&am...

AT&T plans to start the New Year with a massive advertising campaign aimed at re-introducing one of the most venerable brand names in telecommunications history to consumers who may need a refresher course after an historic year of upheaval and consolidation in the communications industry. AT&am...

AT&T plans to start the New Year with a massive advertising campaign aimed at re-introducing one of the most venerable brand names in telecommunications history to consumers who may need a refresher course after an historic year of upheaval and consolidation in the communications industry. AT&am...

The agency charged with Internet oversight may give its blessing to single-letter domain names, which have been reserved since 1993. The Internet Corporation for Assigned Names and Numbers (ICANN) will decide this and other issues at a meeting in Vancouver, B.C., this weekend. Single-letter domains ...

Shareholders of long distance provider MCI overwhelmingly approved a plan for Verizon Communications to buy the company for US$8.4 billion, one of the final hurdles for the major telecom merger. MCI said 88 percent of its shareholders voted in favor of the merger, despite attempts by some investors ...

In yet another sign that Voice over Internet Protocol (VoIP) is heading for widespread adoption, both AOL and Microsoft unveiled plans for new Internet telephone services today -- AOL with its announcement of TotalTalk, and Microsoft with news of a deal with Qwest Communications. While AOL is shooti...

Ethernet, the technology that currently dominates the desktop, is the most popular local area network, is prevalent in the data center and used in home networking, is now making inroads in the Wide Area Network (WAN). After an initial foray that failed for a number of reasons, carriers are using Eth...

In a move designed to quickly expand its call center capacity and productivity, Vonage today announced its sales and service subsidiary, Vonage America, has chosen Avaya's SIP-based telephony and contact center solutions. Vonage, a provider of broadband telephony in North America, hopes the move wil...

At one time, AT&T and MCI were the telecommunications industry's most influential service providers. As part of a recent period rife with dramatic market changes, the former is in the process of being acquired by SBC Communications and the latter by Verizon Communications. "Revenue and profit ma...

Saying some corporate customers don't want it to merge with Qwest Communications, MCI has again agreed to be acquired by Verizon Communications after that firm made a sweetened offer, raising its price to US$26 per share and possibly putting an end to a lengthy bidding war with Qwest over the last m...

Stocks ended mixed today after a volatile session in which the latest evidence that inflation is creeping into the U.S. economy battled for investor attention with a further drop in oil prices. The Dow Jones industrial average dropped 14.49 points, or 0.14 percent, to close at 10,456.02, adding to a...

Stocks ended mixed and not far from the flat line today as investors stayed on the sidelines to see what direction oil prices would head. A plethora of merger-and-acquisition news wasn't enough to spark buying amid an early surge in oil futures. By day's end, oil prices, which jumped to a new record...

Amid a flurry of business headlines, stocks posted modest gains today after the largest member of the OPEC oil cartel said the group should consider boosting output in order to keep prices at reasonable levels. Oil prices, which hovered near record levels last week, have been a drag on financial mar...

Capitulating to pressure from some shareholders, MCI today said it would hold face-to-face talks with would-be buyer Qwest Communications International, which has offered to pay US$8 billion in cash and stock for the long-distance firm. MCI, whose board has already given the nod to a bid from Verizo...