Level 3 Communications has announced that they will be reducing their workforce by 450 people in North America, which is about 8 percent of their workforce.
The reduction will take place before the end of December 2008 and will result in a restructuring charge of approximately $12 million to $15 million in the fourth quarter 2008. The reductions are being made across multiple levels in the organization and multiple locations in North America only.
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AireSpring announced the release of their new long distance product, “AireSpring LD.” Available over a comprehensive nationwide footprint, AireSpring LD targets medium to enterprise class businesses looking to leverage next generation voice over IP and lower their phone costs without replacing their existing phone equipment. The AireSpring LD product brings two T-1s worth of capacity – 48 lines of traffic – over a single circuit to a company’s phone system. As a result, companies can save up to 50% on their monthly recurring charges. Additionally, the product is designed to handle the heavy call traffic associated with call centers and companies with high intensity calling patterns.
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From the desk of the Law Offices of Thomas K. Crowe, P.C.
On June 30, 2008, the FCC released an order (”InterCall Order”) rejecting InterCall, Inc.’s (”InterCall’s”) appeal of a determination by the Universal Service Administrative Company (”USAC”) that the company’s voice conferencing services were “telecommunications services” subject to Universal Service Fund (”USF”) contributions. Last week, the FCC requested public comment on petitions for reconsideration of this determination filed by Global Conference Partners, A+ Conferencing Ltd., Free Conferencing Corporation, and the Conference Group. Comments are due by September 8, 2008 and reply comments are due by September 22, 2008. [click to read the rest…]
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Mitel announced several enhancements to its market leading solutions that drive efficiency and productivity and help small- and medium-sized businesses increase customer satisfaction and grow revenues. As the leader in the fast-growing SMB IP communications market, Mitel today announced new products that address top requirements for SMBs including simple-to-deploy messaging, audio and web conferencing, mobility solutions, and easy-to-use IP desk phones. [click to read the rest…]
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Alectel-Lucent announced today that both their chairman Serge Tchuruk and their CEO Patricia Russo will be resigning later this year. CEO Russo will remain at helm until a successor is found but that will be before the end of the year, according to the company. Chariman Tchuruk will be resigning effective October 1st.
Both Russo and Tchuruk were the masterminds behind the merger of Alcatel and Lucent in 2006. While they did form a telecom giant, the merger did not produce the results investors were looking for and the stock seems to continue on a downward slope. [click to read the rest…]
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