Bob Woods

Instant-messaging service provider (IMSP) Imici adds another application-service provider (ASP) offering to its lineup of services, with the launch of its new Business Messenger instant-messaging (IM) system. The new service provides a simple way for businesses to immediately realize a return-on-investment (ROI) by reducing costs and increasing workflow efficiency, Imici said in a statement. “Business […]

Enterprise instant messaging (IM) and real-time communications software developer WiredRed Software Corp. will next Monday introduce a one-way broadcast notification that lets companies, government agencies and schools to have instantaneous communications with their organizations. The new e/pop Alert provides enterprises with a secure method of informing end users of impending emergencies, evacuation procedures, important meeting […]

Troubled Canadian Internet networking giant Nortel Networks Corp. said its net loss from continued operations totaled $3.5 billion in its third quarter. But the company’s pro forma net loss, before charges are taken out was $0.27 per share. The consensus of 31 analysts surveyed by Thomson Financial/First Call had expected Nortel to report a pro […]

Telecommunications networks in the U.S. are strong, but the Bush administration and Congress should take additional steps to protect the security of all our country’s critical public and private network facilities, a top telecom executive said Thursday on Capitol Hill. Qwest Communications International Inc. Chairman and Chief Executive Officer Joseph P. Nacchio testified before a […]

Corning Inc. said it will temporarily idle the majority of its worldwide optical fiber manufacturing facilities as a part of an expanded restructuring program that will result in charges of up to $1 billion in 2001. Corning also said its earnings would fall short of analysts’ expectations in both the third and fourth quarters. In […]

Cisco Systems Inc. is comfortable with financial analysts’ estimates of both a fiscal first-quarter profit and revenues of $4.16 billion, the chief executive officer (CEO) of the world’s largest manufacturer of Internet networking equipment said. Cisco CEO John Chambers made his comments today at Goldman Sachs’ Communacopia X Conference. Reuters quoted Chambers as saying while […]

The optical sector is being hit hard once again, as two of its heavy hitters — Nortel Networks and Alcatel — announce major staff cutbacks. After Tuesday’s market close, Nortel said it would post a $3.6 billion loss in the third quarter and lay off an additional 20,000 workers, as it replaces its chief executive […]

Broadband networker Lucent Technologies said it has been awarded a contract to supply optical networking systems to Korea Telecom, South Korea’s largest communication service provider, for the construction of its new high-speed backbone network. This is Korea Telecom’s largest nationwide optical networking project to date and has a potential value of up to $40 million […]

Nortel Networks said it has signed two separate pacts for optical networking in China. First, Nortel said China Unicom has selected it to provide Optical Metro network services in Beijing and in nine eastern and central provinces in the People’s Republic of China, under a series of agreements estimated to be worth approximately $18 million. […]

Annapolis, Md.-based TeleCommunication Systems , which provides wireless location and messaging software, and Bantu Inc., a Washington, D.C.-based provider of business-grade instant messaging (IM) and presence products, said they have developed an enhanced IM service for wireless carriers. Under an agreement between the two companies, TeleCommunication Systems (TCS) and Bantu will offer an integrated mobile […]

This week’s tragedy in New York City and Washington, D.C. has also hit the Network+Interop conference and exhibition in Atlanta. As of 10:00 AM EDT today, the following had been canceled: W825 – DSL: Technology, Standards and Deployment for Digital Subscriber Lines W832 – Bluetooth: How it Works T302 – TCP/IP: Implementation and Internals T320 […]

MRV Communications Inc. and Luminent Inc. have jointly said that MRV intends to carry out a “short-form merger” with Luminent, its 92.3% owned subsidiary. Also, Luminent’s president and chief executive officer (CEO) has stepped down in the wake of the merger announcement. The amount that Chatsworth, Calif.-based MRV will offer in exchange for Luminent’s outstanding […]