Nortel earnings and income decline in fourth quarter

Opinion
May 2, 20052 mins

Latest edge news.

Nortel earnings and income decline in fourth quarter, 05/02/05

Nortel’s net income and revenue for the fourth quarter of 2004 both declined compared to a year earlier, but increased compared to the third quarter, the company said Monday.

http://www.networkworld.com/edge/news/2005/0502norteearni.html?nl

Verizon raises bid for MCI and retains favor of board, 05/02/05

A new month, a new bid for acquisition target MCI. This time around Verizon has won the approval of MCI’s board of directors with a revised cash-and-stock offer of at least $26 per MCI share, the companies said Monday.

http://www.networkworld.com/edge/news/2005/0502verizraise.html?nl

Juniper fills gaps in its enterprise strategy, 05/02/05

Juniper this week is set to reveal a key component of its corporate customer strategy that will include a network quarantine scheme that relies on the use of the company’s WAN VPN technology to enforce access, security and QoS policies.

http://www.networkworld.com/news/2005/050205-juniper.html?nl

Sprint pumps up volume on its Wi-Fi network, 05/02/05

Sprint is beefing up its Wi-Fi hot-spot coverage in what the company calls an effort to offer users better wireless access support around the world.

http://www.networkworld.com/news/2005/050205-sprint.html?nl

Verizon pours cold water on wireless LAN hotspots, 04/29/05

Verizon says it will decommission the 380 free Wi-Fi hotspots in New York City it turned up for its DSL customers two years ago.

http://www.networkworld.com/news/2005/0429vzhot.html?nl

BT names vendors for 21st Century Network, 04/28/05

BT this week named eight primary suppliers for its $19 billion all-IP 21st Century Network (21CN) buildout.

http://www.networkworld.com/edge/news/2005/0428bt.html?nl

Alcatel sees improvement ahead after Q1 income drops, 04/28/05

French telecommunication equipment maker Alcatel reported revenue for the first quarter up 3.7%, but net income down 55% compared to a year earlier. Revenue from sales of mobile phone networks rose while that from fixed telecommunications networks declined. The company’s enterprise networking revenue remained stable, it said Thursday.

http://www.networkworld.com/edge/news/2005/0428alcatsees.html?nl

Riverstone rolls out access router, 04/27/05

Riverstone Networks this week unveiled a 24-port carrier Ethernet access router for small and emerging service providers.

http://www.networkworld.com/edge/news/2005/0427riverstone.html?nl

Verizon net income up, beats analyst expectations, 04/27/05

Verizon Wednesday reported net income of $1.76 billion in the first quarter of 2005, up from $1.2 billion in the first quarter of 2004.

https://www.nwfusion.com/edge/news/2005/0427verizneti.html?nl