The once-bankrupt Iridium Satellite is rising from the ashes, benefiting from the sudden interest in satellite phones after the telecommunications breakdown during the September 11 terrorist attacks.
French telecoms technology provider Alcatel and US equipment firm Lucent Technologies on Sunday announced a merger agreement, creating a US$33 billion dollar giant in global telecommunications.
After massive layoffs and losses, Lucent may have spotted bottom, along with the cash it desperately needs to keep its bankers happy and to start up the road as a smaller, smarter company.
Delaying rollout of third generation mobile networks even by two weeks will cost firms millions, warned Lucent's vice president of marketing Scott Erickson recently.
Until its sudden and mysterious collapse into bankruptcy, ICG Communications seemed to have it all. ZDNet takes a look at the scandals and secrets that rocked this company and brought it to its knees.
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