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Articles tagged with: Qwest
DOJ won't appeal shorter sentence for ex-Qwest CEO
The Department of Justice will let stand a federal court decision ordering a shorter prison sentence for ex-Qwest CEO Joe Nacchio, sentenced to six years for insider trading. more
Related Tags: joseph-nacchio, USA
Qwest 2Q earnings rise 18 pct on tax effect
Qwest Communications International's second-quarter earnings rose 18 percent due to a tax effect, even as revenue continued to slide, the phone company said Wednesday. more
Related Tags: USA
Earnings Preview: Struggling Qwest to report 2Q
Qwest Communications International Inc. is scheduled to report second-quarter financial results on Wednesday. The following is a summary of key developments and analyst opinion related to the period. more
Related Tags: USA
Qwest CEO seeks judgment in SEC complaint
Former Qwest CEO Joseph Nacchio asked a judge Tuesday to decide in his favor in a Securities and Exchange Commission lawsuit, saying the company's stock plunge was the result of a telecommunications industry meltdown, not financial fraud. more
Related Tags: joseph-nacchio, USA
Nacchio: Case never should have gone to trial
Lawyers for former Qwest CEO Joseph Nacchio filed a brief Tuesday rebutting federal prosecutors who oppose a Supreme Court review of Nacchio's insider trading conviction, saying he never should have been prosecuted in the first place. more
Related Tags: joseph-nacchio, USA
Qwest 1Q earnings rise 37 pct after cost cuts
First-quarter earnings at Qwest Communications International rose 37 percent, as the phone company was helped by cost-cutting and strong results from its business services unit. more
Related Tags: USA
USA's MetroPCS Looks Set to Overtake US Cellular
In Q4 08, the remaining seven US operators with between 0.25m and 10m customers collectively recorded their best quarter since Q1 07, adding 0.87m customers to finish the year with an aggregate total of 18.20m. However, this gain was entirely attributable to budget networks Leap Wireless and MetroPCS, with the other five recording a net loss to their aggregated customer base. MetroPCS, the second largest of the seven, added a record 0.52m customers to finish on 5.37m, while Leap scored its second best ever figure of 0.38m to finish on 3.84m. more
Related Tags: arpu, metropcs, us-cellular, seven, bell, ntelos, USA
Four out of Seven Small US Networks Lost Customers in Q3
The Verizon-Alltel merger, which was recently approved by the FCC, will leave an even greater gap between the large and small US mobile operators; there will be no networks of between 7m and 30m customers. There are currently seven networks with fewer than 7m but more than 0.25m customers, although if AT&TÃ's plan to buy Centennial is successful, there will only be six remaining. At the end of Q3 08, these seven had 17.33m customers in total. Aggregated annual growth stood at 13.1%, compared to 15.9% for T-Mobile ,14.0% for AT&T, 11.2% for Verizon and -6.3% for Sprint. more
Related Tags: t-mobile, metropcs, verizon, alltel, seven, bell, ntelos, USA
FCC Head Wants Broad Reporting Relief for Large Phone Cos
WASHINGTON -(Dow Jones)- Federal Communications Commission Chairman Kevin Martin said Friday that he wants to get rid of almost all reporting requirements imposed on large phone companies that allow regulators to monitor their actions. more
Related Tags: wind, verizon, fcc, federal-communications-commission, qwest-communications, USA
Telecom Vendor Woes to Last Longer Than Previously Feared
NEW YORK -(Dow Jones)- Companies that sell networking gear to telecommunications-service providers face a tough couple of quarters. more
Related Tags: cisco, juniper-networks, sprint-nextel, verizon, tellabs, sprint, nextel, chief-financial-officer, acme-packet, qwest-communications, ciena