Stories by George A. Chidi Jr

BellSouth to ax 4,000 to 5,000 jobs

BellSouth plans to cut between 4,000 and 5,000 jobs, the dominant local telephone company for the southeast U.S. announced Friday. The cost-cutting move by the Atlanta carrier is a response to a slow economy and increased competition, the company said. BellSouth will record an after-tax charge of US$250 million to $300 million in restructuring costs. The cuts will be made under a voluntary separation plan for management and in accordance with the company's agreement with the Communications Workers of America union for union workers.

Sprint, Virgin announce funding for their wireless JV

U.S. wireless service provider Sprint and U.K. conglomerate Virgin Group tripled their bets on their U.S. joint venture, announcing Friday that each company will invest up to US$150 million in Virgin Mobile USA.

AT&T expands managed services for ISPs, cable

Cable service operators and Internet service providers will have support for MPLS (Multi-Protocol Label Switching) on AT&T's Internet protocol backbone network, the company said Tuesday. The expanded support for MPLS will allow providers to more easily offer VPN (Virtual Private Network) services and other managed services.

IBM, OpenWave announce alliance

IBM and OpenWave Systemsstruck a deal to sell wireless hardware and software for wireless service providers, the companies announced Monday.

Japanese tech giants hit hard by economic woes

The nine states still pursuing Microsoft in a federal antitrust case took an opportunity in a Thursday court filing to remind the company that the remedy phase of the trial isn't about whether the software maker broke the law, but about what should be done about its operating system monopoly.

MS/DOJ - States to MS: 'Commingling' must end

The nine states still pursuing Microsoft in a federal antitrust case took an opportunity in a Thursday court filing to remind the company that the remedy phase of the trial isn't about whether the software maker broke the law, but about what should be done about its operating system monopoly.

Lucent posts another quarterly loss

With Monday's second-quarter earnings announcement, Lucent Technologies Inc. has posted losses for eight straight quarters. And even after slashing its employment roster in half to cut costs, further reductions will be necessary, the company said.

WorldCom expands global remote access capabilities

WorldCom unveiled a universal remote access tool Wednesday designed to ease secure Internet communication over any access method. WorldCom also said it will offer enhanced service level agreements to corporate customers using dial-up Internet access.

WorldCom expands global remote access capabilities

WorldCom unveiled a universal remote access tool Wednesday designed to ease secure Internet communication over any access method. WorldCom also said it will offer enhanced service level agreements to corporate customers using dial-up Internet access.

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