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|  | Telcordia to announce sale
Telcordia Technologies today is expected to announce that it is being bought by private equity firms Warburg Pincus and Providence Equity Partners for $1.35 billion. Telephony Online (11/18), Light Reading (11/18)
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| Business & Industry Watch | | Sponsored By: | |  |
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| | SBC, Yahoo! expand partnership
SBC Communications and Yahoo! today are expected to announce a broadening of their three-year relationship to create a host of new Internet, wireless, TV and phone services. Under the agreement, Yahoo! will provide software to link SBC services that currently are not connected. The pact reflects a push by both companies to expand their offerings beyond the traditional boundaries of their respective industries. CNET (11/17)
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| | Ofcom puts heat on BT
British telecom regulator Ofcom has told BT it must open its phone lines to rivals or face a Competition Commission probe. Ofcom said it would not push for a full breakup of BT because it would be too disruptive and too expensive. BBC (11/18), The Guardian (London) (11/18)
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| | Europe's telecoms on the rise once again
Europe's telecom sector appears to be rebounding nicely after a long period of struggle, The Wall Street Journal reports. Most of the new mergers and acquisition activity has been focused on midsize companies, with Spain emerging as an epicenter of wheeling and dealing. The Wall Street Journal (11/18)
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The PBX (Private Branch Exchange), the heart and brains of your communications network, can be the vital link interfacing businesses and their customers. Whether you need to IP-enable a PBX system for a small business, make complex choices for the advanced call center, or integrate communication systems for your e-business vision, PBX Systems for IP Telephony should be your first choice. Click here for more information.
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| Emerging Technologies |
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| | AOL unveils new security software
America Online today is launching the security edition of its AOL 9.0 software client. The new version contains features that battle viruses, spyware, pop-up ads, spam and spim, the latter a reference to instant messaging ads. InternetNews.com (11/18)
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| | | Bechtel Telecommunications is the unrivaled leader in telecommunications network deployments. Our end-to-end services include program management, route planning, right-of-way acquisition, RF engineering, construction management, and procurement. Count on us. www.bechteltelecoms.com
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| | | The Calix Fall 2004 Simplified Services Tour on "Advanced Services - From Concept to Reality" is here! The concept of advanced services such as IP-based broadcast video, VOD, IPTV and VoIP is a worthy goal for most telcos, but the path to achievement is often unclear. Calix will demonstrate how to make this goal a reality. For more information or to register visit www.calix.com |
| Regulatory & Legislative |
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| | Congress nears reinstating ban on Internet access tax
The U.S. Senate yesterday approved a bill that would reinstate the ban on Internet taxes, which expired a year ago. The House already has passed a proposal that would make the moratorium permanent, but that chamber now appears likely to settle for the Senate's version. NYTimes.com/Reuters (11/18)
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| | Qwest may settle shareholder lawsuits
Qwest reportedly is in advanced talks to settle shareholder lawsuits against it. Any deal could cost the telco more than the $750 million it has set aside for payouts, analysts say. Denver Rocky Mountain News (11/18)
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| | Former Nortel employee knew of revenue problems
John Foster, a former Nortel Networks systems manager, says he notified executives at the company that revenue was being booked months before products were shipped to customers, but nothing came of the warning. Nortel says it is "aware of the allegations" but has not commented further. Accounting miscues by the equipment maker currently are the the subject of an SEC probe, as well as a shareholder lawsuit in Canada in which Foster is to appear a witness. The Wall Street Journal (11/18)
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