Jim Wagner

Wall Street analysts across the board were pleased at Bell South Corp.’s announcement Thursday it had met digital subscriber line (DSL) estimates for 2001, netting 405,500 new customers and covering 70 percent of its 63 markets with high-speed capability. With 620,500 customers, made up of 80 percent residential users and 20 percent business-class services using […]

Level 3 Communications, a worldwide bandwidth carrier for telephone companies, Internet service providers (ISPs) and corporations, scored a big hit Wednesday by signing Sony Corp.’s broadband venture to an unspecified, multi-year deal. Sony Screenblast is an online interactive Web site targeted to broadband users who have a penchant for making movies and creating their own […]

There’s a new technology making an increasing buzz in the tech sector these days, one that has little hope of becoming a mainstream replacement to digital subscriber line (DSL) or cable, but one that has the potential for future growth. Meet power line connectivity (PLC), a broadband alternative that brings the Internet through your power […]

The Federal Communications Commission Thursday approved Boeing’s Connexion service, putting high-speed Internet at the fingertips of flying passengers one step closer to realization. Connexion by Boeing is to be the quintessential Internet service for frequent business travelers who spend much of their time in the air, offering up to 5 Mbps speeds on flights equipped […]

A New England-based independent digital subscriber line (DSL) provider’s struggle to redeem its business just got a boost with $15 million in investments Wednesday. DSL.net officials, who have spent most of 2001 either cutting jobs or reducing their presence in central offices throughout the nation, take that as a good sign, though they are definitely […]

Level 3 has some tricky financial water to tread in the coming months, but a recent asset sell off and continued analyst confidence could be enough to stave off potential disaster. Goldman, Sachs & Co. issued a warning Monday to its clientele that four of the carrier’s top 10 customers are unlikely to keep up […]

Six months ago, Charles Hoffman left the relatively safe world of wireless telecommunications and descended into chaos. He left Rogers Wireless Communications, Inc., Canada’s largest wireless provider, for an industry that was in the middle of a catastrophic downward spiral. You’ve got to wonder what kind of glutton for punishment would want to leave a […]

Sprint’s second foray into prepaid Internet cards, unleashed Friday, puts its service plan on par with the many other companies targeting an ever-growing crowd travelers and infrequent Internet surfers clamoring for the service. With rates starting at 480 minutes for $9.99 a month, all the way up to 2,000 minutes for $29.99, it’s an Internet […]

Qwest Communications joins fellow incumbent local exchange carriers (ILECs) with a dour fourth quarter 2001 showing Thursday that fails to meet Wall Street expectations. Earning just $4.8 billion in revenues, $200 million less than investment analysts expected, and $1.7 billion in earnings before interest, taxes, depreciation and amortization (EBITDA), Qwest joins the other Baby Bells […]

Santa Claus comes on Dec. 20, not Dec. 25, if you ask any executive at Covad Communications, the troubled provider that filed for bankruptcy on Aug. 15. The federal court overseeing the Chapter 11 bankruptcy has signed off on the data competitive local exchange carriers (DLECs) $1.4 billion bondholder debt reorganization plan and Covad will […]

Lucent Technologies executives reiterated their confidence in operations turning cash flow positive by the end of 2002 and see the first quarter of 2002 as the beginning of a turnaround, according to its financial earnings released Thursday. Officials expressed their confidence by deciding to finalize the spin off of its semiconductor subsidiary, Agere Systems , […]

Intel Corp. is positioning its new line of telecom server processors and rack units as an underdog against the commanding presence Sun Microsystems Inc., holds in the market. To do so, engineers at the popular microchip manufacturer are betting carriers and service providers want an option to Sun’s proprietary operating system (OS) and server setup. […]