* Also, Nortel simplifies its professional services portfolio; and Verizon adds application awareness to VPN
Managing your most important IT suppliers requires attention and dedication.
* XO agrees with buyer to terminate sale of wireline assets
XO agrees with buyer to terminate sale of wireline assets.
* Also: Lucent wins bid for Riverston; Cisco's Mike Volpi discusses the edge router market
Verizon Business to offer services designed to help Private IP VPN customers monitor and tune the performance of applications like VoIP, ERP and video.
* Lucent and Alcatel are pursuing a merger of equals
CLECs CTC Communications, Choice One and Conversent to combine their businesses.
Companies use TelecomNext conference to allay fears of preferential Internet content delivery, access.
All of Verizon's long-distance voice traffic will be brought onto the MCI network by the third quarter.