Centillium Communications announced that it has agreed to sell its DSL business unit to Ikanos Communications for about $12 million in cash. The move will allow Centillium to focus on its faster growing optical and VoIP business, while reducing about $18 million in costs related to its DSL efforts. For Ikanos, the acquisition looks to […]
Cable TV giant Comcast Corp. has confirmed that it has received notice from the Federal Communications Commission that the regulatory agency wants to question Comcast about its delaying (or some alleged “blocking”) of some peer-to-peer Internet traffic. Many consumers and advocate groups have called on the FCC to investigate and fine the service provider for […]
Following the recent appointment of Dan Hesse as CEO, Sprint Nextel is considering laying off a few thousand of its 60,000 total employees, according to a report in The Wall Street Journal. The carrier, which has suffered through customer defections and ongoing corporate strife related to the Sprint Nextel merger, cut about 5000 jobs last […]
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