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|  | Global Crossing secures much-needed financing
Global Crossing said its has secured financing via a $404 million bond offering. The telco said it will use the majority of the proceeds to fund long-term liquidity needs. The Wall Street Journal (12/21)
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| Business & Industry Watch | | Sponsored By: | |  |
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| | Sprint projects sales and profit to grow in 2005
Sprint said it expects sales to grow at a "low single-digit percentage rate" in 2005. The projection did not take into account the company's proposed merger with Nextel. NYTimes.com (12/21)
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| | Report surveys the outlook for Wi-Fi
Wi-Fi is spreading like wildfire, but it still is not a lucrative business for Wi-Fi service providers, according to a report by CMA Group. Many Wi-Fi users don't expect to pay for the technology, and municipalities entering the market with networks of their own are undercutting fee-based providers, the report says. Broadband Daily (subscription required) (12/21)
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| | Qwest sells services through nonprofits
Qwest has begun a program that pays nonprofits a commission for selling long-distance, Internet, mobile phone and TV services to their members. The Denver Post (12/21)
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USTA's VoIP Implementation and Planning Guide offers service provider network managers, engineers and operations staff insight into building carrier-grade VoIP networks. The contributing authors share their experiences in building nationwide local exchange and international VoIP networks. Their recommendations stem from real deployments and real lessons learned. For more information and a table of contents visit www.telecom-bookstore.com or click here.
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| Emerging Technologies | | Sponsored By: | |  |
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| | Musiwave offers music via mobile phones
Digital music company Musiwave said it plans to begin selling songs from the four biggest global music companies via Vodafone Group's new advanced wireless network in seven European countries. Similar services will be available in the U.S. within months, according to people in the wireless and music industries. The Wall Street Journal (12/21)
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| | | Join Parks Associates' leading analysts at International CES 2005 on Jan 5 and Jan 6, 2005. The Parks Associates' pre-show workshop and CONNECTIONS sessions will provide consumer data, insight, and analysis on broadband services, multimedia applications and platforms, on-demand content, DRM, and the connected consumer. Executives participating from: Akimbo, Disney, Dolby, National Semiconductor, Nortel, Samsung, Texas Instruments, Philips, Roku and more. Visit www.parksassociates.com, www.connectionsconference.com, or register to attend at www.cesweb.org
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| | | Bechtel Telecommunications' customers count on us to deploy the highest quality fiber networks on schedule and within budget. Our proven ISO-9001 certified services for turnkey fiber network deployments include network design and engineering, program management, route planning, right-of-way acquisition, construction, community relations, and procurement. Bechtel understands deployment challenges and develops effective solutions. Explore our capabilities at www.bechteltelecoms.com. |
| Regulatory & Legislative |
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| | Nextel to sit out spectrum auction
Nextel reportedly will not be among the bidders in a PCS spectrum auction scheduled for January. Sprint, which is merging with Nextel, plans to participate. Telephony Online (12/20)
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