Schooley Mitchell Telecom Consultants
News and Trends in the Telecommunications Industry
From the monthly archives:
Tough competition in the wireless sector and layoff costs dealt a huge blow to Verizon Communications which suffered a fourth quarter loss of $653 million.
The country’s biggest wireless carrier posted a 23 cents loss per share. Verizon attributed the loss mainly to layoff costs consisting of $3 billion severance charge, among other things. [...]
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Yahoo has found itself in the middle of a dispute between Google and China over cyber-attacks and web censorship, with its Chinese partner, Alibaba Group, calling Yahoo’s backing of rival search engine “reckless.”
Yahoo had expressed approval of Google’s condemnation of web censorship and attacks on its networks by China. A Yahoo spokesman said last week [...]
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The Haiti tragedy has provided another opportunity for cybercriminals to make money and experts are warning Internet users to be cautious when responding to pleas for financial aid for the quake victims.
Security experts noted that hundreds of Internet addresses have been registered following the magnitude 7.0 earthquake that hit the Caribbean country on Tuesday evening. [...]
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