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News tagged: Qwest


A New Yankee Group study of global fiber to the home claims that U.S. telcos are doing a number of things wrong, nursing copper instead of deploying fiber being chief among them. The report also takes telcos to task for trying to be network operators and content/service developers, despite not being very good innovators. The move also creates competitors out of potential business partners. From Telephony Online:
"The service providers, for a large part, think they can do it on their own and may even see [potential partners] as competitors, which is ridiculous," Felten said. For example, a service provider could partner with a security company to offer home and business security services over their FTTH pipe. "Or they can crash and burn trying to offer their own security service, after which they would turn to the professionals, who then say, ‘But you were competing with me before,’" Felten said.
Verizon and AT&T certainly aren't making friends with many content companies over net neutrality, and AT&T is also certainly spending a lot of money on developing everything from three dimensional browsers to content portals. Those funds could be put back into the network, which AT&T consistently complains (accurately or not) is facing capacity armageddon.
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Qwest's in the process of spending roughly $300 million to upgrade 1.8 million of their customers to ADSL2+ technology, offering users 12Mbps/896kbps tiers for slightly less than $50, and 20Mbps/896kbps tiers for around $100. Those are introductory rates, change depending on whether you bundle local phone, and those prices increase after a year -- though can be locked down with a long term contract.
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Qwest has released their quarterly earnings, and the telco reports that it doubled its second-quarter net income while cutting operating expenses by 4%. Net income rose to $246 million, or 13 cents a share, while revenue slipped to $3.46 billion from $3.47 a year earlier.
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story category Ex-Qwest CEO Gets Six Years
'Crimes of overarching greed'
(old news - 03:05PM Friday Jul 27 2007)
Former Qwest CEO Joseph Nacchio was sentenced to six years in prison today for insider trading of $52 million in company shares. The former executive was also forced to forfeit $52 million in assets from illegal stock sales, as well as pay a $19 million fine. "The crimes of which the defendant has been found guilty are crimes of overarching greed," says U.S. District Judge Edward Nottingham. "The defendant cannot but have condoned a culture in which this could have occurred."

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First publicized a year ago, Qwest today announced that they're now offering Microsoft "Live" services free of charge for Qwest customers. The new additions include a new Live-fueled Qwest start page, Qwest Mail by Windows Live and a free subscription to Microsoft's OneCare security suite.
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