Sentence examples for swapping capacity from inspiring English sources

KPNQwest, a pan-European network, has admitted that as much as 15% of its revenues comes from swapping capacity.

Some of those practices, like swapping capacity with other carriers, are now at the heart of the S.E.C.'s inquiry into Qwest's accounting.

With the glut painfully apparent, prices for capacity plunged and carriers resorted to swapping capacity on their networks in an effort to convince investors that revenue was climbing despite downward pressure on prices.

By the autumn of 2000, for example, the lawsuit said Global Crossing was regularly swapping capacity on its network with other telecommunications companies, transactions that had little purpose beyond increasing the company's revenue at the end of each quarter.

However, the SEC is investigating whether the company also engaged in swapping capacity with other operators in an attempt to boost revenues.WorldCom is another big telecoms group, but its problems dwarfed those at Global Crossing.

However, the SEC is investigating whether the company also engaged in swapping capacity with other operators in an attempt to boost revenues.Qwest Communications, another telco, was known to be an aggressive user of such so-called "hollow-swaps".

Then this week came news that many of these firms have been engaged in deals to swap capacity merely to inflate their reported revenues.

Both companies are thought to have swapped capacity on fiber optic networks with their American counterparts to convince investors that their finances were healthy, a practice that preceded the current crisis in the telecommunications industry.

The practice, in which telecommunication companies swap capacity on each other's networks and record the deals as revenue even when no cash changes hands, has come under scrutiny in Washington, where the Securities and Exchange Commission is investigating how Global Crossing accounted for $100 million of such deals with Qwest Communications International.

Mr. Perrone appears to have helped devise a system for swapping unused communications capacity with other companies that may have allowed Global Crossing to inflate sales over the life of these contracts, according to former Global Crossing employees.

Qwest has overstated revenues in other ways, for example, by swapping fiber-optic capacity with other telecom companies.