Sprint Nextel Loses 1.3 million Customers in Q3, Re-Negotiates Credit

Sprint lost a total of 1.3 million net wireless customers during Q3, including losses of 1.1 million post-paid customers and 329,000 prepaid users, which was slightly offset by a 130,000 increase in the number of wholesale and affiliate subscribers. This gives Sprint a total of 50.5 million customers at the end of the period, compared to 54.0 million at the end of the third quarter of 2007. At the end of the third quarter, the company served...

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NTT Europe Offers Customer Portal for Hosted Virtualization Services

NTT Europe Online, which specializes in managed hosting services, has launched a virtualization Customer Portal offering extensive levels of control to companies deploying virtualized services in any of its European data centres.NTT Europe Online's Customer Portal gives IT Managers on-demand access to VMware's VirtualCenter control node - enabling users to configure provision and manage their virtualized IT environments online. Users are able to...

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iSkoot Raises $19 Million for IP Mobile Services

iSkoot, a start-up based in San Francisco, secured $19 million in a Series C funding round for its mobile services. iSkoot is targeting a new class of highly integrated Web/mobile communications. The company recently acquired Social.IM -- a desktop IM client that brings real-time communication and notifications to social networks. Previously, iSkoot had developed a mobile Skype client. iSkoot also worked with Skype and Hutchison 3 to launch the first carrier-deployed mobile Skype application in 2006, and to develop the 3 Skypephone, currently...

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Sierra Wireless Demos Windows 7 Mobile Broadband Support

Sierra Wireless demonstrated support for Microsoft Windows 7 Mobile Broadband using its modems for HSPA and EV-DO networks.Windows 7 Mobile Broadband will enable users to connect to their mobile broadband service using the View Available Networks feature within Windows, a process similar to connecting to a WiFi network.Windows 7 Mobile Broadband was demonstrated during the opening keynote address on Wednesday, using the Sierra Wireless Compass 885 USB modem. http://www.sierrawireless....

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Brocade and Foundry Networks Amend Acquisition Agreement

Brocade and Foundry Networks have amended their original merger agreement, which was fist announced on July 21, 2008. The amendment provides for the acquisition of the outstanding shares of Foundry Networks by Brocade. Under the revised terms, Foundry stockholders would be entitled to receive $16.50 per share in an all-cash transaction at the closing of the deal, as previously announced by the companies on Oct. 29, 2008.In addition, Foundry stockholders...

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BT Awards non-UK Network Contract to Alcatel-Lucent

Alcatel-Lucent announced a seven-year extension of its partnership with BT, focused on the support of BT's global network operations. The agreement is aimed at further enhancing the services delivered to BT Global Services' customers and at optimizing BT's non-UK non-IP network. Financial terms were not disclosed.Under the contract, Alcatel-Lucent will manage most of the legacy networks serving BT Global Services' customers. This will enable BT to focus on its Global 21CN Platform in order to further improve the customer experience, speed up the...

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European Commission Proposes Reforms to EU Telecoms Rules

The European Commission published a set of proposals for the reform of the EU Telecoms rules, designed to create a Single EU Telecoms Market with improved rights for consumers and businesses, more competition and investment to boost the take-up of cross-border services and wireless high-speed broadband.At the heart of the compromise texts is a new, small and independent office for Europe's telecoms regulators. The EC hopes this central authority...

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AT&T to acquire Centennial for Rural Wireless Coverage

AT&T announced plans to acquire Centennial, a regional provider of wireless and wired communications services, for $944 million in cash. Under terms of the agreement, Centennial stockholders will receive $8.50 per share for a total equity price of $944 million. Including net debt, the total enterprise value is approximately $2.8 billion. Centennial has 1.1 million wireless subscribers and serves largely rural areas of the Midwest and Southeast...

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