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Telecommunication News

PRGX Forms Strategic Alliance With Advocate Networks to Provide Clients With Leading Telecommunications Expense Audit ... (GlobeNewswire via Yahoo! Finance)
ATLANTA -- PRGX Global, Inc. , the world's leader in recovery auditing and a pioneer in a new category of services called profit discovery, today announced that it has entered into a strategic alliance with Advocate Networks, LLC to provide clients with leading telecommunications expense audit and profit recovery capabilities.  

FairPoint reorg plan would cut debt sharply (AP via Yahoo! News)
The telecommunications company FairPoint Communications Inc.'s debt would be cut by nearly two-thirds under its bankruptcy reorganization plan filed Monday, but the company said the reorganization won't prevent it from expanding broadband Internet in Maine, New Hampshire and Vermont.

Weak Forecasts Kill Supercomm Trade Show (PC World via Yahoo! News)
Supercomm, a U.S. telecommunications trade show that has taken on different forms and names over the past several years, has been canceled for 2010 due to lack of interest.

FairPoint bankruptcy plan would cut debt sharply (USA Today)
The telecommunications company FairPoint Communications' debt would be cut by nearly two-thirds under its bankruptcy reorganization plan filed Monday.

FairPoint plan would slash debt by two-thirds (AP via Yahoo! News)
The debt load of telecommunications provider FairPoint Communications Inc. will be cut by nearly two-thirds under its bankruptcy reorganization plan.

APNewsBreak: FairPoint files its bankruptcy plan (AP via Yahoo! News)
The telecommunications provider FairPoint Communications Inc. has filed its bankruptcy reorganization plan after two months of delays.

Telecom Stocks: Sprint, CenturyTel, Motorola advance (Market Watch)
Shares of Sprint Nextel Corp., CenturyTel Inc. and Motorola Inc. rise to lead the telecommunications sector in mixed action.

Sumitomo Corp. Seeks to Raise Stake in Jupiter, Yomiuri Says (Bloomberg)
Feb. 9 (Bloomberg) -- Sumitomo Corp., which owns 27.7 percent of Jupiter Telecommunications Co., may raise the stake to more than a third through a tender offer, the Yomiuri newspaper reported, without saying where it obtained the information.

Comtech to support jamming system (UPI)
MELVILLE, N.Y., Feb. 8 (UPI) -- U.S. company Comtech Telecommunications has received a follow-on contract to deliver its amplifier technologies to support a communications jamming system.

Motorola leads investment in TuneWiki (AP via Yahoo! Finance)
Motorola Inc. said Monday that it has invested in TuneWiki Ltd., a social-networking music service. The company's Motorola Ventures acted as lead investor in a round of funding that also included Intellect Capital Ventures, a venture fund initiative of Nordic telecommunications operator TeliaSonera AB, and HillsVen Capital and Novel TMT.

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