CenturyLink "Between a Rock and a Hard Place"

CenturyLink, the third-biggest “telco” fixed network services provider is “caught between a rock and a hard place,” according to Jennifer Fritzsche, Wells Fargo senior analyst for telecommunications services. Basically, CenturyLink is not competitive with cable TV offers, so it either must step up investment or admit defeat and hope to make up revenue losses elsewhere. Operating revenues for first quarter 2016 declined to $4.40 billion, compared to $4.45 billion in first quarter of 2015. In its business customer segment, revenues of $1.58 billion declined 3.4 percent year over year. Total consumer segment revenues of $1.49 billion declined 0.5 percent, year over year

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CenturyLink "Between a Rock and a Hard Place"

Google Fiber’s L.A., Chicago plans show it’s serious about network expansion, Wells Fargo says

Google Fiber's ongoing buildout of its 1 Gbps-capable FTTH service in six metro areas and exploration into entering Los Angeles and Chicago is a sign that the service provider is looking to make a larger impact in the broadband market, says Wells Fargo in a research report.

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Google Fiber’s L.A., Chicago plans show it’s serious about network expansion, Wells Fargo says

Analyst: Level 3 and Cogent will benefit from net neutrality rules thanks to peering deals

Level 3 and Cogent Communications are scoring peering deals thanks to the enactment of the FCC's Open Internet Order, which went into effect on Friday, June 12, according to Wells Fargo Securities Senior Analyst Jennifer Fritzsche. And those peering deals will likely have a positive impact on both companies' bottom lines.

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Analyst: Level 3 and Cogent will benefit from net neutrality rules thanks to peering deals

Birch’s Covista acquisition extends its presence into 10 new states

Birch Communications has completed its acquisition of Covista Communications' assets , a deal that furthers its business, wholesale and residential customer reach in 10 states. This is Birch's seventeenth acquisition since 2006. By purchasing Covista, which has switching centers serving various markets in both Tennessee and New York, Birch will immediately expand its IP network to 10 states. With this acquisition complete, Birch now provides services to SMB customers in a total of 45 U.S. states.

Birch’s Covista acquisition extends its presence into 10 new states

Birch Communications has completed its acquisition of Covista Communications' assets , a deal that furthers its business, wholesale and residential customer reach in 10 states. This is Birch's seventeenth acquisition since 2006. By purchasing Covista, which has switching centers serving various markets in both Tennessee and New York, Birch will immediately expand its IP network to 10 states.

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Birch’s Covista acquisition extends its presence into 10 new states

Birch Communications serves up SIP trunking for SMBs

Birch Communications on Wednesday debuted its new SIP trunking service, giving small and mid-sized businesses (SMB) an IP-based service that had been only available to large multisite enterprises. While Birch has a broad customer base, the CLEC said the service will be applicable to both multisite and single-site businesses. Besides lower cost, the other benefit of SIP trunking is its flexibility. Instead of dealing with nailed-up TDM-based circuits, SIP trunking can automatically adjust to capacity requirements by “dynamically” allocating bandwidth as needed to support both voice and/or data requirements during peak business hours. This means that a business could purchase the amount of trunks that their individual business requires with the ability to add more, if needed, at a later time.

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Birch Communications serves up SIP trunking for SMBs

Birch Communications secures $17M from Wells Fargo Bank

Birch Communications on Tuesday secured $17 million in new financing from Wells Fargo Bank, increasing its senior credit facility by $8 million. Wells Fargo joins Bank of America as one of its main lenders something that the CLEC said it helps affirm its business model. “The progress in our financing initiatives underscores the fact that the financial markets continue to be confident in Birch's fundamental stability and growth potential,” said Vincent Oddo, CEO of Birch Communications, in a release announcing the new funding. In recent months, Birch has been actively gaining more funding in addition to expanding product sets and its network

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Birch Communications secures $17M from Wells Fargo Bank

CenturyLink’s Colorado video franchise gets El Paso County approval

CenturyLink ( NYSE: CTL ) has received the El Paso County commissioner's approval in Colorado for a cable franchise, clearing another hurdle for the telco to roll out its Prism IPTV service in the former Qwest Communications stronghold. The service provider has also received franchise approvals in Monument, Colo. and is looking to secure similar agreements in both Colorado Springs and Fountain .

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CenturyLink’s Colorado video franchise gets El Paso County approval

Qwest’s Euteneuer won’t join Sprint until CenturyLink merger is complete

Sprint (NYSE: S ) may have found the right candidate to replace current CFO Bob Brust in Qwest’s (NYSE: Q ) Joseph Euteneuer, but it looks like they’re going to have to wait until CenturyLink (NYSE: CTL ) completes their merger with the RBOC. Even though Euteneuer will leave the combined CenturyLink/Qwest when it completes its merger, a person close to the situation said in a Denver Post article that he expressed a strong desire to see his company though the deal. According to the report, Dan Hesse, Sprint’s CEO, told the company’s board that Euteneuer “is the guy [Sprint officials] are interested in.” Current Sprint CFO Bob Brust said he would like to leave Sprint by no later than May 2011. The catch is that since the CenturyLink-Qwest deal might not be finalized until the middle of next year, Euteneuer who has been Qwest’s CFO since 2008–might not be able to join Sprint until next June, the report said

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Qwest’s Euteneuer won’t join Sprint until CenturyLink merger is complete

i/o Data Centers Raises $200M War Chest

Phoenix based datacenter operator i/o Data Centers went to the credit markets and came back with $200M , made up of two financings.  First there is a $130M long term credit facility via Wells Fargo, supplemented by a $70M secured facility from Caterpillar Financial Services.  I wonder what the significance is that the latter is the financial division of the familiar construction equipment giant.  After all, there is probably some construction in the works since i/o Data Centers surely didn’t raise the money to have it sit around.   … [ visit site to read more ]

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i/o Data Centers Raises $200M War Chest

Apple’s IPad Getting Enterprise Traction

Despite its launch as a consumer device, the iPad, like the iPhone before it, is getting workplace adoption. That doesn’t mean Apple is especially anxious to create enterprise products, but simply that the same attributes that appeal to consumers also appeal to business users. Research in Motion and Microsoft are the two companies which have to worry about such trends, since those two companies tend to dominate corporate demand for smartphones and PCs. Apple’s IPad Wins Corporate Converts at Wells Fargo, SAP – Bloomberg

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Apple’s IPad Getting Enterprise Traction

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