Among other things, Qwest appears to have swapped telecommunications capacity with other companies and then counted revenue immediately while spreading costs over many years.
Besides its own overambitious strategies and flawed accounting, WorldCom also fell victim to a glut of telecommunications capacity.
The SEC ruled that booking revenues from swaps in telecommunications capacity was improper.
Many companies involved are awash in red ink, and bandwidth brokers report plummeting prices for long-distance telecommunications capacity.
He quickly realized that he was not alone; many other companies were locked into contracts that wasted telecommunications capacity.
In addition to telecommunications capacity and technical competence, there is a lot of emphasis at Infocrossing's building on physical security.
Independent 'retail' companies were permitted to bulk-buy telecommunications capacity and sell it in packages to business and domestic users.
The Chamber of Commerce decided to keep track of the telecommunications capacity of every office building in the city.
The building has the telecommunications capacity, including high-speed Internet connections, that the company will eventually tap for its online business, he said.
Most uses of automated negotiations have so far been simple: settling insurance claims, selling excess telecommunications capacity and so on.