| News of the Day | | Sponsored By: | |  |
| | | |
|
|  | Ebbers convicted of $11 billion fraud
A jury found former WorldCom CEO Bernard J. Ebbers guilty of all nine counts against him, despite efforts by Ebbers' defense team to portray the man as ignorant of what was happening behind the scenes at the company. The verdict sends a sharp message to high-ranking executives at other large companies that penalties for fraudulent conduct will be stiff. Ebbers, who declined to comment, could face up to 85 years in prison, although it's unlikely he'll be sentenced to such a long term. Reid H. Weingarten, the lead attorney for Ebbers, said he will appeal. The Washington Post (3/16), NYTimes.com (3/16), Chicago Tribune (3/16), The Wall Street Journal (3/16)
  |
|  | Ebbers' testimony backfired: Bernard Ebbers' defensive conduct on the witness stand may have sealed the deal for jurors, The New York Times reports. NYTimes.com (3/16) |
| | Timeline of the rise and fall of Bernard Ebbers: The Washington Post tracks the rise and fall of WorldCom and Bernard Ebbers in a timeline spanning from 1998 to 2005. The Washington Post (3/16) |
| | A wild ride for Ebbers and WorldCom: Yesterday's guilty verdict brought to a close one of the wildest and ugliest stories to come out of the telecom boom of the late 1990s, an analysis in BusinessWeek says. Bloomberg Businessweek (3/16) |
 | | Volt Telecom Group's Outside Plant Engineering Division provides stand-alone engineering for network design and engineering of fiber optic, copper and coaxial systems, the negotiation and acquisition of rights-of-way, field surveys and feasibility studies, CAD drafting and a host of other services. Click here for more information. |
|
| Business & Industry Watch | | Sponsored By: | |  |
| | | |
|
| | Qwest to raise MCI bid
Qwest reportedly plans to raise its offer for MCI to $8.6 billion in cash and stock after the stock market closes today. The Wall Street Journal (3/16)
|
| | Qwest-MCI deal could be damaging, EMG says: Consulting firm Eastern Management Group has issued a white paper saying a merger between Qwest and MCI would reduce competition and could possibly put the Internet backbone at risk. Telephony Online (3/15) |
| | RIM settles patent lawsuit
Research in Motion, maker of the BlackBerry e-mail device, said it would pay $450 million to settle a lawsuit brought by Arlington, Va.-based NTP, which alleged RIM infringed on its patents. Under the deal, RIM will be allowed to continue selling BlackBerry devices without interference from NTP. SeattlePI.com/Associated Press (3/16)
|
| | Differences between Motorola, Apple forced iTunes phone delay
Motorola said differences over how to launch a new product between itself and Apple forced Motorola to delay the rollout of an eagerly anticipated iTunes-equipped phone. Motorola said it prefers to unveil new products and then wait some time before taking them to market, while Apple prefers to keep products a secret until the last minute and them send them out right away. Yahoo!/Reuters (3/16)
|
|
|
| |
| In the Telecom Bookstore: Broadband Facts
Broadband penetration has shown remarkable growth over the past year, and broadband subscribers have been a welcome addition to service providers' bottom line. How long will this trend continue? What is pushing the growth in DSL, cable modems and other high-speed access services? Where do things stand, and where are we likely to be over the next few years? Order here or visit www.telecom-bookstore.com.
| |
| |
|
| Emerging Technologies | | Sponsored By: | |  |
| | | |
|
| | SureWest jumps into TV game
SureWest Communications is deploying ADSL2+ technology and plans to launch HDTV services at some point in 2005, a report says. CED Magazine (3/2005)
|
 | | Big carrier VoIP or IP centric data product roll-out coming? Need flexibility and speed in your back office? Vertek's approach will get you there before the market disappears. Click here to view our end to end solutions for contract to bill services. |
|
| | | Byers Engineering Company announces robust AM/FM/GIS applications at a competitive price. Building or improving your engineering mapping system can be cost prohibitive. Byers Engineering Work Order increases productivity and improves records and maintenance operations. Byers Map Viewer allows easy access to engineering mapping data in the office and in the field. Click here.
|
| | | Do you know what your customers are doing with their Ethernet Connections? It's easier than you think. With Etherjack® from Covaro Networks you'll have all the OAM capabilities that you'll need to offer an intelligent, differentiated and profitable Ethernet service. To learn more visit www.covaro.com.
|
| | | Telecom Engineering, experts in SONET, DWDM and fiber optic network engineering, installation, testing & provisioning and sales. Achieve fiber optic spans exceeding 110 miles using optical amplifiers without any mid-span equipment, eliminating the need for mid-span real estate and operating expenses. One optical amplifier can be used to amplify multiple systems reducing regen costs. www.telecomengineering.com |
| Regulatory & Legislative | | Sponsored By: | |  |
| | | |
|
| | SEC charges former Qwest CEO and other former executives
The SEC filed a lawsuit against former Qwest CEO Joseph P. Nacchio and 11 other former executives from the telco, alleging they participated in "massive accounting fraud" between April 1999 and March 2002. Nacchio's lawyer, Charles Stillman, said his client did nothing wrong and that he will be "vindicated." Qwest issued a statement saying any misconduct by former Qwest executives was not related to the company's current business activities. The Denver Post (3/16), Denver Rocky Mountain News (3/16), CNET/Reuters (3/16), NYTimes.com (3/16), The Wall Street Journal (3/16)
|
 | | Irdeto PIsys for IPTV provides a complete content security solution for all types of video services incl. VOD and PVR. Content is distributed securely over broadband networks with access rights managed per subscriber. With a
choice of a secure software client or smart card, with patented over-the-air update technology, it offers the best of both worlds. www.irdetoaccess.com |
|
|
|
| Editorial Team
|
|
|
| Advertising Contact
|
|
|
| Legal Information
The news reported in the USTelecom dailyLead does not necessarily reflect the official
position of USTelecom. Product announcements appearing in the USTelecom dailyLead are paid
advertisements and do not reflect actual USTelecom endorsements.
Some links in the USTelecom dailyLead are time-sensitive. These links may move or expire
as the news changes throughout the day. Some sources also may require registration or
fee-based subscriptions.
Privacy and other legal information
Distributed by:
SmartBrief, Inc.®
1100 H ST NW, Suite 1000
Washington, DC 20005
Copyright © 1999-2005 SmartBrief Inc.® All Rights Reserved.
|
| |  | |
Today's
Sponsors
LeadQuote
"It's a job that's never started that takes the longest to finish."
-- J.R.R. Tolkien
 |
Utilities
TELL A FRIEND
- Click to send your colleagues a one-time sample edition.
SUGGESTIONS
- Click to submit questions, comments or suggestions.
SIGN UP
- Click to receive a free subscription to the USTelecom dailyLead.
PROFESSIONAL EDGE
- Click to access the suite of tools to maximize your free dailyLead subscription.
 |
| is a service of SmartBrief Inc.® |
 |
