Mar, 2002 : Equant Confirms Projected EBITDA of $200m

📅 Mar 7, 2002 - Qwest-Enron Deal Under Further Scrutiny - This week investors and analysts filed the results of their examination of a deal between Qwest and Enron, made last September, to buy $112 million worth of communications network capacity from each other. Discussions in a federal bankruptcy court in Manhattan were meant to determine the nature of the swap and its timing suggested a last-minute act of desperation to patch up Qwest's particularly weak quarter. At the time of the Qwest?Enron deal, the already debt-burdened Qwest had a massive, new fiber-optic network in place. Industry also noted Qwest's October report of a sharp third-quarter earning and revenue shortfall. Analysts say the deal the deal is indicative of a c

📅 Mar 7, 2002 - ViaWest to Acquire Verado's Denver Data Center - ViaWest Internet Services, Inc. (viawest.net), a regional provider of hosting, Internet infrastructure and access to businesses, announced today it has reached an agreement to acquire the physical and customer assets of Verado Holdings Inc.'s (verado.com) 23,850 square foot Englewood Data Center. This announcement follows Verado's Feb. 15 filing for Chapter 11 bankruptcy protection, in which the company stated it had sold its Irvine, California data center, and was looking to sell its Denver data center as a going concern. The agreement is subject to bankruptcy court approval pursuant to a section 363 motion filed by Verado on March 1, 2002 in the US Bankruptcy Cou

📅 Mar 7, 2002 - Rodopi Teams with Tucows for Domain Registration Solutions - Rodopi Software (rodopi.com), a provider of customer billing and management solutions for ISPs and ASPs, announced yesterday it has signed an agreement with Tucows Inc. (tucows.com), a provider of Internet services to ISPs and Web hosting companies, to provide an integrated solution based on Tucows' OpenSRS domain registration platform and Rodopi's billing software. "Internet service providers are faced with challenges acquiring, renewing and accurately billing for high volume products such as domain names," said Art Ekroos, Rodopi's executive vice president. "It is a fast-growing market and there are few solutions for businesses faced with these troublesome operat

📅 Mar 11, 2002 - MegaPath Networks Announces Industry?s First Agreement With National Network Broadband Providers - MegaPath Networks Inc., a broadband access and network services provider, announced today supplier agreements with a nationwide network of ILECs (Incumbent Local Exchange Carriers) and regional network operators, including: BellSouth, Pacific Bell/SBC Communications, and Verizon. These suppliers will compliment the company's existing partnerships with leading national CLECs (Competitive Local Exchange Carriers) Covad Communications, Allegiance Telecom, New Edge Networks and IP Communications. MegaPath (megapath.net) will expand its broadband connectivity services to businesses and telecommuters, served by more than 3,200 unique Central Offices (COs). Covering more th

📅 Mar 11, 2002 - Q9 Networks signs deal to provide Web Hosting services for Morningstar Canada - Q9 Networks Inc.(Q9.com), a managed Internet infrastructure services provider, announced today that it will provide Morningstar Canada with hosting services for all of its Web properties. Morningstar Canada, the Toronto-based subsidiary of Morningstar, Inc. of Chicago, is an online investment firm, with a variety of web-based services, including: Morningstar.ca and MorningstarAdvisor.ca sites, its Morningstar Advisor Workstation Tool and additional staging, testing and database platforms. The Morningstar sites receive almost 200,000 visitors per month. Between December 2000 and December 2001, Morningstar.ca experienced 600 percent growth. Q9's data centres and net

📅 Mar 11, 2002 - Red Hat Set To Provide GNUPro Linux Toolchain To Motorola Customers - Red Hat, Inc., an open source, Linux provider, today announced an agreement with Motorola, Inc. to develop a GNUPro Linux toolchain and cross compiler for Motorola's AltiVec-enabled host processors based on the PowerPC instruction set architecture. Red Hat (redhat.com) will provide a complete toolchain for the PowerPC instruction set architecture with full support for Motorola's AltiVec technology. Red Hat's GNUPro development toolchain will enable Motorola customers to develop Linux-based applications that compliment Motorola's powerful AltiVec 128-bit vector execution unit. The GNUPro Linux toolchain consists of a Linux PPC Native Toolchain for AltiVec-enabled PowerPC ins