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Broadband Surf Report: Verizon goes VoIP?

Our daily look at telecom news around the Web, no joke:

Verizon looking at VoIP over 3G--Mobile Pipeline Mobile carriers seek cheaper anti-piracy software--eWeek U.S. slams China, Japan, India over telecom market access--Infoworld 802.11 to add mesh--Unstrung

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MCI's saga continues

The saga continues. In response to Qwest's latest offer to buy MCI, MCI's board of directors has agreed to re-open talks with Qwest. Verizon, which has already had its offer accepted twice by MCI, has given the green light. Verizon's waiver will allow MCI to engage in discussions with Qwest at any time until the date of the MCI shareholder vote on the proposed Verizon transaction. That date has not yet been set.

Qwest has stated previously that it will give MCI until Tuesday April 5th to make its decision. If Qwest doesn't hear anything back … Read more

Qwest adds $500M to MCI offer

Just when you thought the Qwest-Verizon-MCI drama was over, it's not.

On Thursday Qwest upped its bid once again for MCI, adding another $500 million to its offer. Qwest's new offer of almost $9 billion trumps its previous bid of $8.45 billion and Verizon's sweetened offer of $7.6 billion. MCI announced on Tuesday that it had accepted Verizon's revised offer.

Qwest has already set a deadline of April 5th for MCI's board to consider its offer. After the deadline, Qwest has said it will withdraw its offer.

But there are indications that Qwest … Read more

Qwest continues its fight

Qwest Communications just can't seem to take a hint.

Even after MCI rejected its offer to buy the company this week for the third time, Qwest won't give up the fight. Now that it's crystal clear that MCI's board of directors isn't interested in Qwest, the smallest of the Baby Bells looks like it's taking its case directly to shareholders. On Wednesday the company hired a proxy advisor called the Altman Group to help it organize shareholders to vote on the takeover bid.

The New York Times and Wall Street Journal are reporting that … Read more

Broadband Surf Report: Vonage and more Vonage

Our daily look at telecom news around the Web:

Vonage defends manually activated 911 calling--eWeek Vonage Hits ISP Resistance--Light Reading Will cable quell the competition?--Wired Toshiba develops fast-charging batteries--PC World

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Verizon wins MCI's heart

And the final rose goes to??.Verizon Communications. After a month of offers and counter offers from Qwest Communications, MCI's board of directors has finally accepted a new and improved bid from Verizon, according to the Wall Street Journal.

The paper said that Verizon sweetened its previous offer by raising the cash portion of its bid and including protection for MCI shareholders in case Verizon's shares decline.

Just like the reality dating television show The Bachelor, there was relatively little drama at the end. Even though Qwest's offer was higher than Verizon's, most analysts expected Verizon … Read more