CenturyLink (CTL), formerly CenturyTel Inc, announced third-quarter 2009 results with adjusted (excluding non-recurring items or non-GAAP) earnings per share of 90 cents beating the Zacks Consensus Estimate of 81 cents. Non-recurring items includes integration costs associated with the Embarq acquisition (completed on Jul 1, 2009).  Adjusted net income surged to $269.1 million from $82.8 million registered in the year-ago quarter, driven by the contributions from Embarq. Reported net income (GAAP) of $280.8 million or 94 cents per share, reflects an increase from $84.7 million or 83 cents per share registered a year ago.  Revenue: The company reported operating revenue of $1.87 billion, a significant increase compared to $650 million reported a year ago, fuelled by the Embarq acquisition which contributed $1.3 billion in the quarter. Revenues for voice, network access and data services increased compared to the year-ago quarter.  Subscriber Total access lines at the ...

South Korea’s largest fixed-line carrier, KT Corp. (KTC), announced third quarter results with reported net income increasing 80% year over year to KRW351.4 billion (US$285 million) or KRW1,497 per share (70 cents per ADS). The annualized growth was driven by gains from wireless and a stronger Korean won versus the US dollar, which helped reduce the cost for foreign currency debt.   Revenues for the quarter increased 3.9% year over year to KRW4.82 triillion (US$1.97 billion), driven by growth in wireless data and subscriber base. However, operating profit declined 11.7% year over year to KRW413.1 billion (US$335 million) due to increase in depreciation and amortisation costs and higher marketing expenses resulting from intense competiion.   KT is battling with its Korean peers SK Telecom (SKM) and LG Dacom to win new customers in a highly matured domestic wireless market, represented by approximately 96% mobile penetration.   ...

Cincinnati Bell (CBB) announced third quarter results with adjusted earnings per share of 11 cents, falling short of the Zacks Consensus Estimate by a penny. However, this was above the year-ago EPS of 10 cents.   Adjusted EPS excludes special items such as restructuring charges, loss on disposal of assets and gain on extinguishment of debt. Net income increased 4% year over year to $28 million while revenue fell 3% from the prior-year quarter to $338 million as a result of the declines across wireline and wireless segments.   Wireline Segment   The company reported wireline revenues of $191 million down 5% from the year-ago quarter. Lower voice revenues (down 14% year over year to $83 million) and long-distance revenues (down 3% to $24 million) were partially offset by an increase in revenues from data services (up 2% to $70 million).   At the end of the quarter, ...

Frontier Communications (FTR) announced third quarter results with adjusted (excluding acquisition and integration costs) earnings per share of 18 cents, exceeding the Zacks Consensus Estimate of 16 cents. Net income increased 11% year over year to $52.2 million, primarily due to gain on debt repurchases and higher operating income that increased 5% year over year to $172.5 million.   Revenues Remains under Pressure    The company reported revenues of $526.8 million, reflecting a 6% decrease over the year-ago quarter. The year-over-year decline is attributable to lower local, long-distance and switched access revenues coupled with decline in basic access lines. However, this was partially offset by increases in data and Internet service revenues.   Revenues for local services declined 8% year over year to $193.6 million while data and Internet services revenue increased 4% to $160 million. Switched access service revenues declined 8% year over year to $91.2 million

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Viper Networks, Inc. is focused on providing VoIP products and services through distributors and resellers around the world. Serving over 350 countries and regions, the company offers both network services and equipment to its customers. Viper Networks provides high quality and cost effective VoIP solutions for domestic and international long distance consumers in both the consumer and business markets.

Secure global communications is growing in demand. Although distance is not an obstacle, communications cost are. Both individuals and enterprises are continually required to place more and more international calls to get in touch with their friends, relatives, business associates, and clients. Viper Networks offers the solution for simple, low-cost one-to-one conversation.

As more and more businesses go global, it’s not uncommon to have company-wide conference calls that connect people in different parts of the world. Low rates, reliable, high quality connection are the three factors that fuel the efficiency of the

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Power3 Medical Products, Inc. (OTCBB: PWRM), a leader in neurodegenerative disease and cancer biomarkers and diagnostic tests, announces further international recognition of validity as the company’s President and CSO, Dr. Ira Goldknopf, will deliver an invited Keynote address and chair a session on “Biomarkers and Diagnostics in Personalized Medicine (Track 6-4),” at the BIT Life Sciences 2nd International Congress and Expo of Molecular Diagnostics in Beijing, China, November 19-21, 2009. The Theme of the meeting is “New Leadership of

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French telecom giant France Telecom (FTE) has reported operating results for third-quarter 2009 with revenue falling 6.4% year over year to €12.69 billion (US$18.1 billion), primarily due to unfavorable exchange rate fluctuations (British pound versus Polish zloty) and reduced mobile termination rates (inter-operator fees). Revenue was also hurt by the recession-driven discontinuation of landline phone use by customers.       EBITDA & Margin France Telecom, which operates two of the leading telecom brands in Europe (Orange and Wanadoo), reported EBITDA of €4.6 billion (US$6.6 billion) which declined 8% from the year-ago quarter, resulting in a fall in EBITDA margin to 35.9% from 36.6%. This decline is a result of stringent price regulation and adverse currency exchange swings. Revenue by Key Markets Reported revenue in France (46% of group sales), the company’s largest market, declined 1.6% year over year to €5.9 billion (US$8.4 billion) ...

Interactive Intelligence Inc. (ININ) announced third quarter results after the closing bell on Monday. The company stated that GAAP net income came in at $2.8 million, compared to a GAAP net income of $924,000 in the year-ago period. Excluding certain extraordinary items, adjusted earnings came in at 26 cents per share, missing the Zacks Consensus Estimate by a penny.   Interactive Intelligence is a provider of software application suites for voice over Internet protocol (VoIP) business communications to enterprises. The company offers a pre-integrated all-software Internet Protocol Private Branch Exchange (IP PBX) phone and communications solution for enterprises. It also offers software products and services for multi-channel contact management, business communications, messaging using the session initiation protocol (SIP) global communications standard that supports VoIP.   The Indianapolis-based company recorded a 10.4% growth in revenues to $33.2 million from $30.1 million in the year-ago quarter as services revenues expanded ...

TROY, MI — (Marketwire) — 10/27/09 — Viper Networks, Inc. (PINKSHEETS: VPER), a global telecommunication network operations and technical management company, announced today that it has successfully finalized, pending final regulatory approvals, the acquisition merger with Cirilium India Pvt. Ltd.. This merger with the Company’s joint venture partner, upon completion, will entail a combination of cash, stock and certain technical and operational management contributions.

As previously announced, Cirilium India Pvt. Ltd., based in Chennai, India, is a profitable communications provider with a world class multi-gigabit, multi-protocol convergent IP infrastructure that provides convergent services like voice, data and video through the same Backbone and Broadband Access Network.

The consummation of this merger transaction with Cirilum, provides the Company with the exclusive franchise rights with Bharat Sanchar Nigam, Ltd. (BSNL), and majority ownership for operating the awarded India license both inside and outside of the country.

BSNL is the 7th largest telecommunications company

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South Korea’s largest wireless carrier SK Telecom (SKM) announced plans to introduce its fixed-mobile substitution (“FMS") service. Assuming near-term approval of the service by the telecom regulator Korea Communications Commission, the company targets the commercial launch on Nov 1.   FMS refers to use of cellular handsets instead of wired or cordless landline phones for communication. This entails migration of voice minutes from fixed-line to wireless networks. FMS differs from fixed-mobile convergence, which allows users to switch between fixed-lines and mobile networks using a single dual-mode handset and two different technologies. Currently, FMS services are widely available in Europe.     SK Telecom’s FMS service allows customers to make calls within a designated area (called “Discount Zone") under the company’s network coverage. These calls will be charged at a discount rate which is the same as fixed-line VoIP (Voice-over-Inernet Protocol) service. Currently, tariffs levied on fixed-line VoIP ...