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Qwest Reports Third Quarter 2009 Results

Third Quarter Highlights

Achieves strong adjusted EBITDA and free cash flow(a)
Improved revenue mix and efficiencies drive adjusted EBITDA margin of 35.8 percent
IP revenue growth supports continued market share gains in enterprise space
Growing demand for high-speed services on fiber to the node network
Completion of wireless migration on track
Updates financial guidance

Qwest Communications (NYSE:Q) today reported financial results for the third quarter 2009. In the quarter, net income was $136 million. Earnings per share were 8 cents, which was equal to prior-year results. Current quarter earnings per share results include a 1 cent charge for severance, realignment and restructuring cost and litigation expense. The prior-year results include a 1 cent charge for severance, realignment and restructuring. The third quarter, net operating revenue of $3.1 billion includes 36 percent growth in more

FairPoint Reaches Agreement with Bank Lenders –
Initiates Voluntary Chapter 11 Proceeding

Chapter 11 Filing Will Not Impact the Company’s Operations or Customers
and Will Reduce Debt by $1.7 billion

CHARLOTTE, N.C. (October 26, 2009) – FairPoint Communications, Inc. (NYSE: FRP) (the “Company”), a leading provider of a full range of communications services, today announced it has reached agreement on a comprehensive financial restructuring plan (the “Restructuring Plan”) with lenders (the “Supporting Lenders”) holding more than 50 percent of the outstanding debt under its secured credit facility. The Restructuring Plan is expected to reduce the Company’s debt by $1.7 billion thereby providing a long-term solution for the Company’s balance sheet. more

Strategy Analytics: Broadband Operator Profits Threatened by Price Cutting

Tariff Cuts Need Precise Targets

Boston, MA - October 20, 2009 – Broadband operators stand to lose revenues and profits, unless they precisely target new tariff and service bundles by market segment. Research from the new Strategy Analytics Tariff & Revenue Strategies Service (TRS) warns service providers to be wary of commodity pricing as competition heats up. more

Transmode’s Mobile Backhaul Solution creates wholesale opportunities for US Carriers

Stockholm, Sweden – 20th October 2009 – Transmode, a leading provider of optical networking solutions, will present its new Multi-Service Mobile Backhaul Solution for the first time in the US – at both Supercomm (Chicago, October 21-23, booth 2809) and SCTE Cable Tec Expo (Denver, October 28-30).

The Multi-Service Mobile Backhaul Solution is a unique WDM over fiber solution providing “hybrid” native support of both TDM and Ethernet traffic and supports multiple synchronization streams per wavelength. It therefore enables a smooth migration to Ethernet or all-IP backhaul networks and cost effective support of 3G and LTE multimedia service rollouts.

The presentation of the Multi-Service Mobile Backhaul Solution’s to the US market is intended to generate interest from the MSOs as well as from ILECs, CLECs and IOCs. The solution is particularly more

Actelis solution enables 30 Mbps compared to 1.5 Mbps over the same two copper pairs.
FREMONT, Calif., October 1, 2009—Actelis Networks®, the leading global supplier of Ethernet over copper solutions, today announced that Hargray Communications, a provider of high-speed Internet and VOIP (Voice over IP) services to business and residential customers in South Carolina and Georgia, has deployed the company’s RUS-listed ML2300 Ethernet aggregation platforms, ML600 Ethernet Access Devices (EADs) and its XR239 EFM Repeaters to replace its low-bandwidth T1 lines. By taking advantage of Actelis’ industry-leading rate, reach and reliability, the move enables Hargray to immediately and cost effectively provide best-in-class business broadband services to small and medium-sized businesses (SMBs) in the Hilton Head, South Carolina, and Savannah, more