Colin C. Haley

Trying to wrest residential customers from cable rivals, SBC will launch TV over fiber by late next year, the regional telecom said today. Trials are under way and network construction is slated to begin early next year. SBC’s goal is to make the network available to 18 million households by the end of 2007. The […]

Warburg Pincus Equity Partners and Providence Equity Partners are reportedly in negotiations to buy Telcordia Technologies for $1.3 billion, according to the Wall Street Journal. The private-equity firms could announce the purchase in the next few days, the newspaper said, citing sources close to the deal. Telcordia has operated as a subsidiary of San Diego’s […]

Telecom equipment giant Alcatel has invested $32 million in Chinese mobile specialist Datang Mobile, the companies announced today. The backing flows through Alcatel subsidiary Alcatel Shanghai Bell and is aimed at accelerating development and implementation of systems based on Time Division-Synchronous Code Division Multiple Access (TD-SCDMA) specifications. TD-SCDMA is a third-generation standard developed in China. […]

In an expected move, Intel’s board of directors has elected company veteran Paul S. Otellini to succeed Craig R. Barrett as CEO, the chipmaking giant announced this morning. Otellini, currently president and COO, has been with the Santa Clara, Calif., company since 1974. The 54-year-old has held a number of posts throughout the years, including […]

UPDATED: TowerStream, a fast-growing provider of fixed-wireless broadband service for businesses, said it has established its first point-of-presence in Los Angeles atop the Aon Center. In addition, the company tabbed San Francisco as the next market in its national expansion. TowerStream currently offers service in Boston, Chicago, New York, and Providence/Newport, R.I., and is on […]

America Online will reorganize around four business units to improve decision-making, a spokesman for the ISP said. The units — Access, Audience, Digital Services and AOL Europe — will be responsible for their own budgets and marketing efforts. “[The reorganization] is really about how people use the Internet,” said AOL spokesman Jim Whitney, adding that […]

UPDATED: Nortel said it has agreed to drop its copyright and trade-secret lawsuit against Arbinet-thExchange. The network equipment giant did not disclosed the terms. However, an Arbinet regulatory filing said the suit was settled for $850,000. In July, Nortel claimed that Arbinet infringed copyright and misappropriated trade secrets by using its proprietary software without authorization. […]

SBC Communications is selling its remaining stake in South African telecom provider Telkom SA Limited to a consortium of investors. The deal flows through Thintana Communications, which is owned by SBC (60 percent) and Telekom Malaysia (40 percent). Under the agreement, Thintana will sell its remaining interest in Telkom SA. In June, Thintana reduced its […]

British Telecom will pay $965 million for Infonet , improving its ability to offer managed voice and data offerings for multinational corporations in North America and Asia-Pacific. The sale should close by mid-2005, pending regulator and shareholder approvals (Infonet’s largest stakeholders have already signed off on being acquired). When it does, BT will gain network […]

Covad has rolled out VoIP service for small and medium businesses (SMBs) in 14 new markets, including New Orleans, Orlando, Fla., and Salt Lake City. The San Jose, Calif., company said its SMB VoIP service is now available in 71 markets, with plans to grow to 125 markets by year’s end. Covad’s vPBX product works […]

Opening its coffers to improve its coverage, Verizon Wireless said it will pay $3 billion in cash for all of NextWave Telecom’s spectrum licenses. The move will boost Verizon Wireless’ network capacity in 22 markets, including Baltimore, Boston, Los Angeles, New York and Washington, D.C. It also expands the Bedminster, N.J., firm’s coverage into the […]

SBC and BellSouth are teaming to provide national online yellow pages and local Internet search to beat back a challenge from Google , Yahoo and others. The regional telecoms announced a joint venture today, as well as the acquisition of online directory publisher YellowPages.com. The purchase price was not disclosed, but the Wall Street Journal, […]