Abstract: his is the second issue of the new series on Network and Service Management that is published twice a year. The series intends to provide articles on the latest developments in this well established discipline, highlighting recent research achievements and providing insight into both theoretical and practical issues related to the evolution of the discipline from different perspectives. The series provides a forum for the publication of both academic and industrial research, addressing the state of the art, theory, and practice in network and service management. In the last editorial we listed the major conferences, workshops, and journals in this area, highlighting the recently established IEEE Electronic Transactions on Network and Service Management (eTNSM). This has recently passed the first major IEEE approval, in which the proposed title, scope, and sponsorship were approved, with the IEEE Communications Society being the sole sponsor. The next key milestone is the phase 2 approval that will consider relevant business aspects (e.g., financial projections). This was to take place at the February 2006 IEEE Periodical meeting. The journal currently publishes two issues per year, and three issues have been published so far. These are freely available at present at http://www.comsoc.org/eTNSM