Archive: Telecommunications

District, Verizon Reach Deal on FiOS

By Mike Musgrove The District and Verizon Communications have reached an agreement to bring the company's FiOS high-speed Internet service to the city. Eric Richardson, director of D.C. Office of Cable Television, said the agreement requires approval by the mayor's office and the D.C. Council, a process he said could...

By Terri Rupar | August 7, 2008; 03:22 PM ET | Comments (3)

NII Holdings Beats Expectations

From the Associated Press NII Holdings of Reston, a wireless service provider to Latin American businesses, said its first-quarter profit and sales grew, surpassing Wall Street expectations as the company expanded its subscriber base. NII earned $113.6 million (65 cents a share), up 35 percent from $84.2 million (47 cents)...

By Terri Rupar | April 24, 2008; 11:21 AM ET | Comments (0)

An Executive Shuffle At Sprint

No doubt about it: There's a new sheriff in town at Sprint: RESTON, Va. (AP) -- Sprint Nextel Corp. said Thursday three executives, including Chief Financial Officer Paul Saleh and Chief Marketing Officer Tim Kelly, will leave the company Friday. Mark Angelino, president of sales and distribution, will also exit....

By Dan Beyers | January 24, 2008; 10:06 AM ET | Comments (0)

Ciena Agrees to Buy World Wide Packets

Ciena Corp., a Linthicum maker of telecommunications equipment, said today it has agreed to buy World Wide Packets for about $290 million in cash and stock. (See Ciena's statement.) Founded in 1999, privately held World Wide Packets sells equipment for networks that use Carrier Ethernet technology. The companies said that...

By Mike Shepard | January 22, 2008; 06:51 PM ET | Comments (0)

A Familiar Face Returns to NII Holdings as CEO

A familiar face is returning next month to NII Holdings to take over as chief executive of the Reston wireless provider. Steven P. Dussek, who ran the company in 1999 and 2000 when it was still a subsidiary of Nextel Communications, will rejoin NII's executive team on Feb. 11, the...

By Mike Shepard | January 9, 2008; 07:36 PM ET | Comments (1)

Sprint Nextel CEO Discusses Post-Merger Transition

From the Associated Press More than two years after the acquisition that formed Sprint Nextel, the nation's third-largest wireless provider is about 80 percent done weaving the two sides together, the company's chief executive said today. In a meeting with analysts in New York, Gary Forsee also said the company...

By Mike Shepard | September 19, 2007; 02:51 PM ET | Comments (0)

Sprint Settlement Approved

U.S. District Judge John Lungstrom preliminarily approved a settlement of a class-action lawsuit alleging that Sprint Nextel of Reston overcharged customers in passing a long a federally mandated phone service subsidy. He has scheduled a final hearing on the $30 million settlment for March 3. Under the deal, qualified customers...

By Terri Rupar | September 13, 2007; 04:21 PM ET | Comments (0)

Discovery Hires National Geographic Executive

Discovery Communications announced today that John Ford will be returning to the Silver Spring cable media company to run its Military and Discovery Times channels. (See Discovery's statement.) Ford has spent the past four years working as a programming executive at the National Geographic Channel, where he helped boost prime-time...

By Mike Shepard | September 4, 2007; 04:00 PM ET | Comments (0)

InPhonic Names New Finance Chief

InPhonic, a District company that sells cellphones and wireless service over the Internet, announced today the hiring of Kenneth D. Schwarz as its new chief financial officer. InPhonic's finance chief Lawrence Winkler resigned in June, two months after the company announced it would restate results for the second and third...

By Mike Shepard | July 18, 2007; 10:23 AM ET | Comments (0)

Cox Launches High-Def Movies On Demand

The battle for digital TV subscribers in Northern Virginia continues. Cox Communications Northern Virginia said it is boosting its inventory of high-definition offerings Friday when it launches HD movies on demand for digital cable subscribers in Fairfax and the Fredericksburg region. New releases will cost $5.99 a pop. The company...

By Dan Beyers | July 5, 2007; 08:25 PM ET | Comments (0)

Digging Up the Streets in Manassas

Verizon said it has begun laying fiber optic cable in Manassas and Manassas Park to bring high-speed Internet and possibly television services to the Northern Virginia communities. The company said it still must obtain cable franchises from the city councils in Manassas and Manassas Park in order to offer video...

By Dan Beyers | June 28, 2007; 08:18 AM ET | Comments (0)

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