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Redback posts first profit in 5 years

Jan 30, 20062 mins

Latest edge news.

Redback posts first profit in 5 years, 01/27/06

Redback Networks posted its first quarterly profit in five years. The maker of IP service edge routers and broadband aggregation systems recorded fourth-quarter GAAP earnings of $300,000, or 1 cent per share, on revenue of $48 million.

Fed delay on $20 billion network costs carriers, 01/26/06

An unexpected delay in the award of a 10-year, $20 billion network deal will cost U.S. carriers millions of dollars in lost revenue and lack of productivity from key staff, industry analysts say.

Verizon touts new business services, 01/30/06

Verizon last week launched an enterprise business unit formed following the company’s acquisition of MCI, as well as two service offerings intended to show integration between its wireline and wireless networks.

ISP leaves rural users cut off, 01/30/06

British ISP Aramiska unexpectedly shut down services on Friday leaving customers, many in rural areas, suddenly without service.

Opinion: The connected culture unconnected, 01/30/06

If you have been following Gearhead recently you know of the trials and tribulations that have been experienced here at Gibbs Towers with our DSL connection.

Opinion: Managing the providers of managed services, 01/30/06

I wish I had a nickel for every time an IT executive told me he wanted “better managed services” from providers.

Sprint latest to sue to protect customer data, 01/27/06

Sprint Nextel Friday followed some of its competitors in filing a lawsuit against companies that sell mobile phone call details.

The new AT&T beats analyst expectations, 01/26/06

AT&T Inc., the new company created when SBC Communications acquired AT&T Corp. in November, reported net income of $1.7 billion for the fourth quarter of 2005, buoyed by data revenue growth.

E911 issues enterprises should be addressing, 01/26/06

The troubles Vonage and other VoIP providers have been going through over whether they provide E911 services to their customers pose similar problems to enterprises, though many corporate phone managers are unaware of them.

Juniper hits target for Q4, 01/25/06

Juniper posted fourth quarter results generally in line with analyst expectations.

ISP News Report Newsletter: Level 3/WilTel deal completed, 01/25/06

Level 3 Communications finalized its acquisition of WilTel Communications Group in late December, creating a service provider that could become a strong second-tier player behind mammoths AT&T/SBC and Verizon/MCI.