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What Leucadia’s overture toward MCI really means

Jul 19, 20042 mins

Latest edge news.

What Leucadia’s overture toward MCI really means, 07/19/04

Leucadia National, a holding company, last week was revealed to be seeking approval to purchase at least half of MCI’s stock. MCI made this announcement just two days before its stock (MCIP) resumed trading on Nasdaq after a two-year absence. In this article are key questions and answers regarding this move and what it means to MCI customers and the telecom industry.

XO expands offerings in wake of UNE-P rulings, 07/19/04

Following recent court decisions that essentially do away with key carrier network access wholesaling regulations, XO is stepping into the breach by launching a wholesale local voice service for competitive local exchange carriers.

Face-off: Is graceful restart the best way to ensure IP reliability? 07/19/04

Ru Wadasinghe of Nortel and Matt Kolon of Juniper debate the merits of graceful restart vs. nonstop routing and take their discussion online. Read their thoughts, then add your own in our forum.

Feature: Service providers fall short on service, 07/19/04

Major carriers score high on network performance, but billing woes and installation delays open the door for second-tier providers.

Cisco names third CTO, shifts execs, 07/14/04

In an effort to better communicate its technology strategy and directions, Cisco named veteran executive Charlie Giancarlo as the third CTO in company history.

MCI re-listed, 07/14/04

MCI’s stock this week began trading on the Nasdaq after a two-year absence.

Nortel predicts ’03 restatement will wipe out profit, 07/14/04

Nortel Tuesday predicted that a restatement of its 2003 financial results would substantially wipe out all of its net earnings for the year, with one-third of the reductions impacting the …

Verizon Wireless to spend $5 billion with Lucent, 07/13/04

Verizon Wireless will spend $5 billion on a wide variety of networking equipment, software and services from Lucent, in an agreement announced Tuesday.

Juniper doubles Q2 earnings forecasts, 07/13/04

Juniper Networks blew away analyst expectations for its second quarter results by doubling earnings forecasts and exceeding anticipated revenue by almost $32 million.