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December 31, 2002 : Long-time CenturyTel director Ernest Butler retires; Joseph Zimmel joins the board in his place
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December 31, 2002 : Having failed to spin off NetTest, GN Store Nord sells it to Axcel IndustriInvestor for one (1) Danish Kroner (about 14 cents)
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December 31, 2002 : BT agrees to sell its 21% interest in SmarTone, Hong Kong's third-largest mobile operator, to Sun Hung Kai for HK$1.03B (US$132.1M) in cash
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December 31, 2002 : Logica Plc and CMG Plc complete merger, commence trading as LogicaCMG
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December 31, 2002 : Tyco reports year-end results in Form 10-K and summarizes the review of its accounting and governance practices in a Form 8-K
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December 31, 2002 : JP Morgan Chase signs seven-year outsourcing agreement, worth in excess of $5B, with IBM
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December 31, 2002 : Global Crossing accepts Winnick’s resignation; Jeremiah D. Lambert and Myron E. Ullman, III, will become co-chairmen
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December 31, 2002 : Gary Winnick resigns as chairman of the board of directors of Global Crossing
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December 30, 2002 : Com21 requests hearing in response to Nasdaq's delisting notice
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December 30, 2002 : Irvine Sensors sells 10,000 shares of convertible preferred stock at $120 per share, raising $1.05M in equity financing
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December 30, 2002 : As always, the real winners are the Californian consumers
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December 30, 2002 : Worldwide chip sales continue to grow, with a 1.3% bump in November and a 19.6% year-on-year increase
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December 30, 2002 : Cauley Geller Bowman & Coates is just the latest firm to announce a class action lawsuit against Tellium on behalf of investors
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December 30, 2002 : In a bid to compete with market leader KT Corp., Hanaro Telecom will acquire 71.95% of smaller rival Thrunet for 125.9B won (US$104.82M)
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December 30, 2002 : Judge dismisses Highberry's insolvency petition as 'a shaky, tentative, and speculative peering into the middle distance'
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December 30, 2002 : Ring in the new year with 11-digit dialing in NYC
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December 30, 2002 : $10.7M round of funding led by RRE Ventures; Joseph G. Fogg, III, chairman of new investor Westbury Partners, joins the Qpass board
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December 30, 2002 : Telia Mobile Finland picks Nokia to provide its multimedia messaging and service charging solutions
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December 30, 2002 : Buffalo Technology ships industry's first IEEE draft standard 802.11g products for long-distance connections
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December 30, 2002 : Ericsson wins another $25M to supply CDMA2000 1X equipment and services to China Unicom
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December 30, 2002 : Liberate Technologies terminates chief operating officer Donald Fitzpatrick, prepares to restate its 2002 financial figures
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December 30, 2002 : Will appeal Nasdaq's delisting decision
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December 30, 2002 : Three new telephone companies purchase Next Level Full Service Access Platform in Minnesota, Pennsylvania, and Michigan
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December 30, 2002 : Roger Thompson, TruSecure's technical director of malicious code research, forecasts virus and worm outbreaks and trends for early 2003
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December 30, 2002 : BellSouth rings in the new year by launching long-distance services in its final two states -- Florida and Tennessee
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December 30, 2002 : Digital Teleport asks bankruptcy court to approve auction sale as it receives definitive $38M bid from CenturyTel
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December 27, 2002 : Contract with Ericsson will make Telcel the first wireless operator in Mexico to offer MMS
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December 27, 2002 : Another class action lawsuit charges that Tellium made 'materially false and misleading' statements in connection with its IPO
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December 27, 2002 : To supply CDMA2000 1xRTT equipment to PT Telkom for rollout in Jakarta area
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December 27, 2002 : As rate hikes proliferate, consumer site Phone-Bill-Alert.com pays people to watch their bills for any fee increase
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December 27, 2002 : XO Communications chairman and CEO Daniel F. Akerson will step down following completion of XO's financial restructuring
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December 27, 2002 : Mobile Telecommunications Company Kuwait to acquire 91.6% equity interest in Fastlink Jordan from Orascom Telecom for US$423.9M
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December 27, 2002 : Additional FCC filing addresses retuning costs and timeline of Nextel's 800MHz consensus plan
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December 27, 2002 : Samsung Electronics bags CDMA2000 1XRTT network contract worth $200M from Indonesian incumbent PT Telkom
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December 26, 2002 : Company files revised request with ICC on wholesale pricing
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December 26, 2002 : Moody's says QSC's $3.3B of senior subordinated notes are 'not rated,' downgrades QCF's senior unsecured rating to Caa2 from Caa1
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December 26, 2002 : Multilink Technology Corp. expects to substantially complete its corporate realignment program by December 31
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December 26, 2002 : In October 2002, WorldCom booked $2.3B in revenue, $300M in EBITDA and a net loss from continuing operations of $205M
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December 26, 2002 : Class action suit alleges Cable and Wireless misled the market between August 1999 and December 2002
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December 26, 2002 : Complaint alleges that Tellium issued 'materially false and misleading' information in connection with its IPO
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December 26, 2002 : ABN AMRO awards EDS $1.3B IT outsourcing contract for its Wholesale Client strategic business unit
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December 26, 2002 : A consortium of private-equity firms buys Netherlands operator Casema from France Telecom for €665M in cash
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December 26, 2002 : AT&T and DoCoMo say W-CDMA will be in four major US cities by the end of 2004
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December 26, 2002 : Unova sells approximately 150 of its domestic and foreign patents and patent applications to Broadcom Corporation for $24M
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December 26, 2002 : Unova sells approximately 150 of its domestic and foreign patents and patent applications to Broadcom Corporation for $24M
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December 26, 2002 : Hitachi and Mitsubishi Electric to form joint venture Renesas Technology in April, to focus on system LSI operations
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December 24, 2002 : Level 3/Genuity transaction receives antitrust clearance from the US Department of Justice and Federal Trade Commission
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December 24, 2002 : Company files revised request with Illinois Commerce Commission on wholesale pricing that will 'reflect true costs'
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December 24, 2002 : Internet Initiative Japan, Crosswave Communications, and PoweredCom to keep talking until March 2003. Bring a big bottle of water
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December 24, 2002 : NTL Communications publishes further supplementary prospectus under UK public offer regulations, whatever that means
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