October 16, 2007 - Nortel reaches $35 million settlement with SEC

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October 16, 2007 Sign up Forward Archive Advertise Read more at SmartBrief.com News for telecom industry leaders Search recent stories:       News of the Day    Nortel reaches $35 million settlement with SEC Nortel Networks will pay $35 million to settle fraudulent-accounting allegations made by the SEC, which intends to monitor Nortel's progress on a quarterly basis. The telecom-equipment maker admitted no wrongdoing as part of the agreement. The New York Times (subscription required)/Associated Press (10/15) , The Wall Street Journal/Dow Jones Newswires (subscription required) (10/15)   Business & Industry Watch    AT&T revises policy on termination fees for wireless customer AT&T will no longer charge a flat fee for customers who terminate their service contracts early, opting instead to charge based on the time left on an individual's contract. The telecom provider also has dropped the rule requiring customers to extend their contracts if they alter their level of service. Reuters (10/16) FiOS TV adds two more high-def channels Verizon Communications' FiOS TV has added A&E and Fox Business Network to its slate of high-definition channels. Mediaweek (10/15) AT&T cuts wireless rates to Mexico AT&T has announced a new wireless calling plan for calls to Mexico. Wireless customers who sign up between now and Jan. 15 will get a locked-in rate of 5 cents per minute on calls to landlines and 21 cents a minute for wireless-to-wireless calls. American City Business Journals/San Antonio (10/15) Verizon Wireless explains opt-out procedures Verizon Wireless recently sent its customers a notice about its policies and their rights concerning the sharing of call data, but many people misread it, spurring much online discussion over the weekend. "It doesn't mean we're providing data to third-party advertisers," said Verizon Wireless spokesman Jeffrey Nelson. The New York Times/Associated Press (10/15) Other News Bell Canada unions set to merge Google/Canadian Press (10/15) USTelecom Spotlight Hear about video QoS/QoE testing, next-gen networks and more Broadband security, interactive IPTV, IMS, IP/Ethernet, Telemedicine, VoIP and much more is on tap at the Second Annual USTelecom Engineering Summit, Nov. 14 and 15, in Washington. Hear experts from leading technology companies prepare you and your business for today's challenges and tomorrow's opportunities. Open only to network/service providers. Space is limited, so register today. Learn more about USTelecom -> NXTcomm  |  News  |  Join USTelecom  |  Bookstore  |  Webinars   Technology Trends    Cisco veterans launch Agito Networks Former Cisco Systems wireless experts Pejman Roshan and Timothy Olson have formally launched Agito Networks, a company geared toward fixed-mobile convergence. The company's flagship product is the RoamAnywhere Mobility Router, which allows businesses to bring employees' cellular traffic onto their enterprise WLANs. ChannelWeb Network (10/16) Sprint Nextel launches on-demand video programming Sprint Nextel has launched a new, on-demand video service called Sprint Exclusive Entertainment. The service, available to Sprint customers carrying the Power Vision data plan, offers exclusive two-minute entertainment programming. The clips are produced in partnership with Intersport, a sports and event marketer. American City Business Journals/Kansas City, Mo. (10/15) The Buzz(CORPORATE ANNOUNCEMENTS) Effective Integration of Reduced Bend Radius Fiber into the Network Installers may believe reduced bend radius fiber is impervious to all of the forces that can increase attenuation and cause failure on a fiber link, however... Register for ADC's Next Gen white paper series. TelcoTV: The Connected Life. Delivered Together. Cisco offers a complete solution for new video deployments and advanced video services. With Scientific Atlanta products, Cisco delivers the architecture, solutions and services that enable you to expand and enhance the consumer video experience. Visit the Cisco booth 501. More information. IDC Weighs in on Carrier Ethernet Juniper Networks, the leader in high-performance networking, recently announced the expansion of its MX-series portfolio with new platforms and enhancements enabling efficient and cost-effective deployment of Carrier Ethernet. Read how IDC weighs in on the value of the Juniper Networks Carrier Ethernet solution. Interested in learning more about advertising in the USTelecom dailyLead? Contact Eric Hoffman at 773-549-3868 or ehoffman@smartbrief.com.   IP Download  New Skype desktop phone works without a computer Ipevo has announced a stand-alone desktop phone that connects Internet-based Skype voice calls without an accompanying computer. The device, dubbed SOLO, connects via broadband and an RJ-45 Ethernet connector. ModernAgent.com (10/16) Nighthawk buys IPTV set-top box business assets Eagle Broadband has sold its IPTV set-top box business assets to Nighthawk Systems to help pay down Eagle's debt. Nighthawk expects the purchase to help it expand its STB business. Telephony Online (10/15) Report: More U.S. households tune in to TV shows online More Americans are turning to Web TV viewing for personal convenience and to avoid commercials, according to a joint report by The Conference Board and TNS. "If advertisers can effectively leverage the online video platform, we should see much more interactivity and emotional connections between brands and the online TV-viewing audience," TNS executive Shari Morwood said. Multichannel News (10/15) Make USTelecom dailyLead part of your 2008 marketing plan! USTelecom dailyLead is a cost-effective way to reach over 45,000 telecommunications industry executives. To learn more, click here or contact Eric Hoffman at ehoffman@smartbrief.com or (773) 549-3868.   Regulatory & Legislative  Connecticut wants AT&T to apply for cable TV license AT&T has been told by utility regulators in Connecticut that it must get a cable TV license to continue offering its U-verse IPTV service in the state. AT&T will be allowed to continue offering the service to existing customers until a ruling is made on the TV license. The Boston Globe/Associated Press (10/15)   LeadQuote  I think we have to notice that the business processes we use right now for thinking and planning and budgeting and strategy are all delivered on very tight agendas." --Margaret J. Wheatley, writer and management consultant       This dailyLead was created for webmaster@freeraovat.com Subscriber Tools       Update account information |  Change e-mail address |  Unsubscribe |  Print friendly format |  Web version |  Search past news |  Privacy policy Advertise Sales Account Director:  Eric Hoffman 773-549-3868 Download Media Kit   Read more at dailyLead.com A powerful Web site for dailyLead readers including: Breaking News Industry Home Competitor News Readers' Choice Press Releases Search Archive       Recent USTelecom dailyLead Issues: Monday, October 15, 2007 Friday, October 12, 2007 Thursday, October 11, 2007 Wednesday, October 10, 2007 Tuesday, October 09, 2007     Lead Editor:  Susan Rush       Mailing Address: SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005     © 1999-2007 SmartBrief, Inc.® Legal Information