Archive for April, 2004

Cox gets a broadband boost

Om Malik, Thursday, April 29, 2004 at 10:04 AM PT Comments (0)

Any cable company thinking about going digital and broadband, well don’t think too long. Cox Communications which has been on the cutting edge of broadband, VoIP and other digital technologies over cable is seeing its sales zoom faster than the downloads off the SoulSeek servers. Cox beat on revenues driven by High Speed Internet, Digital, [...]

More Nokia (bad) News

Om Malik, Thursday, April 29, 2004 at 10:04 AM PT Comments (1)

Strategy Analytics, reported its 1Q 2004 marker share statistics. Based on its estimate of 153 million total units shipped in the quarter (versus Nokia’s 128M estimate), Strategy Analytics said that Nokia’s share slipped to 29.2% from 34.9% a year ago. Hopefully the downward spiral will eventually stop.

Wireless Local Loop & India

Om Malik, Wednesday, April 28, 2004 at 3:04 PM PT Comments (1)

Article Alert: Business2.com: In India, just getting a phone line used to be cause for celebration. Now the country’s hypercompetitive telecom industry is putting a telephone in every home. (Download file)

Nortel dives on Dunn Dismissal

Om Malik, Wednesday, April 28, 2004 at 3:04 PM PT Comments (0)

Nortel plunged nearly 30 percent on the news of executive upheavals and news of possible financial irregularities. The news of dismissal of Frank Dunn, CEO and former CFO along with a handful of other financial types has made the stock markets very nervous about the future of the company. I had a chance to chat [...]

Dunn deal

Om Malik, Wednesday, April 28, 2004 at 7:04 AM PT Comments (2)

Frank Dunn, the chief executive of Nortel Networks has been fired, even as the company continues to investigate the accounting issues that have plagued the company, reports Bloomberg.
bq. Brampton, Ontario-based company also fired its chief financial offer and controller and said Director William Owens, a 63-year-old retired admiral and former vice chairman of the U.S. [...]

Comcast out of the Mouse Trap

Om Malik, Wednesday, April 28, 2004 at 7:04 AM PT Comments (3)

Comcast has finally called off its bid for Disney. Brian L. Roberts, President and Chief Executive Officer of Comcast, said “We have always been disciplined in our approach to acquisitions. Being disciplined means knowing when it is time to walk away. That time is now.” Right on Brian. We always have said that [...]

WLL: Bringing Phones to Telecom’s Last Frontier

Om Malik, Wednesday, April 28, 2004 at 3:04 AM PT Comments (0)

Business2.com: In India, just getting a phone line used to be cause for celebration. Now the country’s hypercompetitive telecom industry is putting a telephone in every home. (Download file)

At Global Crossing, it is same old same old

Om Malik, Tuesday, April 27, 2004 at 5:04 PM PT Comments (0)

They say, however hard you may try it is nearly impossible to straighten a dog’s tail. Well same is the case for Global Crossing, which is one again stinking up the telecom waters, and there is whiff of another scandal in the making.
bq. Global Crossing Ltd. expects to restate its 2003 financial results after determining [...]

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