Latest edge news.
AOL to slash up to 5,000 jobs worldwide, 08/03/06
AOL will slash up to 5,000 jobs worldwide, or just over a quarter of its workforce, as the struggling unit of Time Warner restructures in an effort to bring in more revenue.
For the third year in a row, worldwide telecom capital expenditures increased and will continue to do so for the next three years, according to Infonetics Research.
AOL seeks to sell French operations to Neuf Cegetel, 08/03/06
AOL has begun exclusive negotiations to sell its French Internet access business to telecommunications operator Neuf Cegetel. The companies are also discussing a partnership through which AOL would offer its portal services directly to Neuf Cegetel’s …
Deutsche Telekom launches converged cell-Wi-Fi service, 08/03/06
German telecommunications service provider Deutsche Telekom Thursday launched a bundled service that combines mobile phone and Wi-Fi telephony services, targeting customers who seek attractive fees and greater mobility.
Time Warner profit rises with AOL ad revenue, 08/02/06
Time Warner Wednesday reported net income of $1 billion for its second quarter, on the back of rising advertising revenue from its AOL division and growth in its cable TV operation.
Virtual network operator offers wide-area Ethernet, 08/02/06
It’s not new technology, but Vanco is using its VPN skills to provide a new wide-area Ethernet offering that could be a quick and relatively inexpensive way for enterprises to connect remote sites over high-speed links.
XO boosts network capacity, 08/02/06
XO Communications this week said it is upgrading the capacity of its intercity links to 100Gbps.
Qwest posts profitable Q2, 08/01/06
Qwest this week posted second quarter net income of $117 million on revenue of $3.5 billion.
Verizon stops collecting telecom tax, 08/01/06
Verizon has stopped collecting a 108-year-old telephone excise tax after the Internal Revenue Service (IRS) decided in May to stop fighting to keep the tax.
Opinion: From the Universal Service Fund to universal taxation, 07/31/06
In theory at least some of what the Universal Service Fund (USF) is being used for is both a good thing to do and has some connection to the funding source. But like many things, theory and practice can be rather far apart.
Symphony jazzes up its software with a new GUI, 07/31/06
Symphony Spend Management Solutions, a telecom expense management software and hosting provider, announced Monday that its latest software version is now available.
Ebbers charge and conviction stands, 07/31/06
On Friday a U.S. Court of Appeals upheld Bernard Ebbers’ fraud conviction and 25-year sentence.
Time Warner Telecom expands its network reach through acquisition, 07/28/06
Time Warner Telecom Thursday announced that it is acquiring Xspedius Communications for $531.5 million in cash and stock.




