Wal-Mart Inks Partnership to Market AT&T's High-Speed Internet Service and Verizon Business Expands Sandvik's Managed Global IP Network1 December 2006
Telecommunications industry news provided by Financial News USA (OTC: FNWU). AT&T Inc. (NYSE:T) is teaming up with the world's largest retailer on a new marketing program to sell AT&T Yahoo! High Speed Internet at 570 Wal-Mart stores in 13 states. Wal-Mart Stores Inc. (NYSE: WMT) has begun marketing AT&T Yahoo! High Speed Internet at its Wal-Mart Connection Center locations. The Connection Centers are specialized areas within Wal-Mart stores that sell various broadband and wireless services to customers. Qwest Communications International Inc. (NYSE: Q) recently announced that Thomas J. McLoughlin has been appointed vice president, consumer marketing, effective Dec. 11. McLoughlin will be based in Denver, reporting directly to Laura Sankey, Qwest executive vice president, marketing and communications. Qwest offers a unique and powerful combination of voice and data solutions for businesses, government agencies and consumers - locally and throughout the country. Sandvik, a global high-tech engineering group, has selected Verizon Business (NYSE:VZ) to expand a Managed Private IP network reaching Sandvik's 41,000 employees at 250 sites in 130 countries across Asia-Pacific, North America, Europe and South Africa. Sandvik, which is headquartered in Sandviken, Sweden, and grew significantly in the last financial year, needed to expand its global network and add new applications to meet increased business demands. U.S. Starcom (OTC: USTA) recently announced that its gross profit for the 3rd quarter rose to $475,284, up from $10,566 a year ago. Revenues for the 3rd quarter, which includes the recent acquisition of Bell Latino, were many times the total revenues of U.S. Starcom for all of last year. The company's net loss for the quarter was $104,962, an improvement of 56% from the 3rd quarter last year. About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information: Financial News USA Tel: (626) 961-8067 Email: info@financialnewsusa.com
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