Clearwire TEAMS UP With Earthlink and 4 Telecom Titans Attracting Interest
AT&T, Inc. (NYSE:T): Consumers in at least 180 of 202 neighborhoods, referred to by Google (NASDAQ:GOOG) as “fiberhoods,” in Kansas City have reached the qualification to receive the search giant’s high speed Google Fiber Internet service, the company stated yesterday. The shares traded up $0.29 (0.78%) recently at $37.59.
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Verizon Communications Inc. (NYSE:VZ): Samsung’s unique Galaxy Note II is slated for arrival on Verizon. If the report is accurate, the big-screened, pen-toting gadget will both boast 4G LTE data and also Samsung’s quad-core Exynos processor. This will be the first time a Galaxy Note has been grabbed by big red as well. The shares traded up $0.50 (1.14%) recently at $44.22.
Level 3 Communications Inc. (NASDAQ:LVLT): Baack continues to be responsible for Equinix’s global brand, product and service portfolio, industry analysis, communications and vertical market development. Baack has joined Equinix from Level 3 Communications, where she served as Senior Vice President of Voice Services. The shares traded down $0.05 (0.22%) recently at $22.67.
Alcatel-Lucent, S.A. (NYSE:ALU) has unveiled a new operating model focused on core products, a strengthened sales organization, and re-shaped corporate functions for the delivery of the Company’s Performance Program. The strategic initiative that was announced on July 26 to gain EUR1.25 billion of cost savings by 2013′s end. The following changes are to come into effect from January 1, 2013: Paul Tufano is to become COO, with worldwide responsibility for Supply Chain, Procurement and three individual focused businesses (Enterprise, Strategic Industries and Submarine), along with his current role as CFO. Robert Vrij will become President of Global Sales & Marketing, taking a role of leading a single global sales organization to oversee and manage all customer-facing commercial relationships. Stephen A. Carter is to become President of Managed Services & EVP Corporate Restructuring; overseeing the Performance Program and Corporate Marketing & Corporate Communications. The shares traded up $0.02 (1.74%) recently at $1.17.
Clearwire Corporation (NASDAQ:CLWR) along with EarthLink (NASDAQ:ELNK) announced a wholesale agreement enabling EarthLink to offer its customers high-speed fixed and mobile broadband service using Clearwire’s 4G network. The shares traded up $0.05 (3.01%) recently at $1.71.
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