MCI rebuts AT&T

MCI responded to AT&T’s claim that MCI disguised call routing in an effort to avoid local access fees: Bogus, the former WorldCom says. MCI, legally known as WorldCom, filed a motion with the U.S. Bankruptcy Court in the Southern District of New York last week that essentially says AT&T is simply trying to derail MCI’s reorganization plans. AT&T says that MCI “deceived” it into believing that domestic calls rerouted through Canada actually originated in Canada. MCI’s document says that AT&T’s motion, which was filed in late July with the same court, describes legal, least-cost routing that is commonly used throughout the industry. http://www.nwfusion.com/edge/news/2003/0805mcirebut.html

MCI responded to AT&T’s claim that MCI disguised call routing in an effort to avoid local access fees: Bogus, the former WorldCom says. MCI, legally known as WorldCom, filed a motion with the U.S. Bankruptcy Court in the Southern District of New York last week that essentially says AT&T is simply trying to derail MCI’s reorganization plans. AT&T says that MCI “deceived” it into believing that domestic calls rerouted through Canada actually originated in Canada. MCI’s document says that AT&T’s motion, which was filed in late July with the same court, describes legal, least-cost routing that is commonly used throughout the industry.

https://www.nwfusion.com/edge/news/2003/0805mcirebut.html

Cingular is set to buy 34 wireless licenses from NextWave for $1.4 billion. NextWave says it plans to use the proceeds from its deal with Cingular to continue to build its own wireless network. Once the deal is final, NextWave will have spectrum licenses in 61 other markets. Cingular says it is using the 34 licenses to primarily beef up spectrum coverage in areas where it is already offering service. The deal must still be approved by the FCC, which unlawfully repossessed and then returned the spectrum licenses to NextWave in January.

https://www.nwfusion.com/edge/news/2003/0807cingular.html

Cisco last week posted fourth-quarter 2003 revenue and earnings in line with analyst expectations. Cisco recorded pro forma earnings of $1.1 billion, or $0.15 per share, on sales of $4.7 billion. Net sales for fiscal 2003 were $18.9 billion, flat with fiscal 2002. Pro forma net income for the year was $4.3 billion, or $0.59 per share, compared with pro forma net income of $2.9 billion, or $0.39 per share, for fiscal 2002. In high-end routing, Cisco received 2 million orders for its 12000 series Internet router, a sequential increase of 25%. Orders for Cisco’s optical products in the fourth quarter reached a two-year high. Service providers orders were up between 5% and 10% with the third quarter. For the first quarter of fiscal 2004, Cisco expects revenue to grow 2% to 4%, sequentially.

https://www.nwfusion.com/news/2003/0805ciscoearn.html