Bell, AT&T keep flat-rate plan

Article Abstract:

Bell Canada and AT&T Canada Long Distance Services Co. have declared they have no intention to pull out their flat-rate monthly calling plans. The confirmation was issued by both companies after their rival, Sprint Canada Inc., announced it will curtail its unlimited flat-rate plan due to network congestion. AT&T Canada Long Distance and Bell Canada officials conceded increased long distance volume brought by flat-rate plans has been causing problems in making calls, especially in the evening. However, executives said congestion problem does not pose enough pressure for them to curtail their flat rate plans, which have been helping them attract more clients.

Comment:

Declares it has no intention to pull out its flat-rate monthly calling plan

Wired Telecommunications Carriers, Telephone Communications, Services information, Telephone services, Bell Canada, AT and T Canada Long Distance Services Co.

---

Newbridge turns profit in quarter

Article Abstract:

Kanata, Ontario-based Newbridge Networks Corp.'s fourth-quarter profit and $300-million agreement with SBC Communications of San Antonio, TX, are seen as signs of continued growth for the company after suffering during its three preious quarters. Newbridge incurred significant losses and stunted growth following its $108-million UB Networks acquisition, but the increase in orders received and sales for the company's multiplexing and data network equipment paved its turnaround. The contracts under the $300-million agreement with SBC is expected to further strengthen the company's growth.

Comment:

Fourth-quarter profit & $300-mil deal with SBC Communications are seen as signs of continued growth for the company

Strategy & planning, Computer Auxiliary Equip, Computer and Peripheral Equipment Manufacturing, Computer peripherals, Newbridge Networks Corp.

---

Similar abstracts:

• Abstracts: Apple's iPhone shakes rivals to the core. Housing starts soar in quarter. Firm restricts cellphone use while driving
• Abstracts: Nortel's future cloudy, but there is a plan. EnCana surpasses all Canadian profit records
• Abstracts: Let's cooperate. Profit in caution. Bullion bullies ... and hedging henchmen: speculation and government insensitivity, rather than fundamentals, underscore the gold price dip
• Abstracts: MetroNet speeds up 10-year plan. Fonorola spurns new Call-Net bid. MetroNet grabs Rogers unit
• Abstracts: Royal Bank posts record Canadian profit. TD posts record annual profit despite weak quarter. Three banks boast record second quarter

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.