Andrew Corporation, a supplier of wireless, fixed-line and satellite broadband equipment, completed the renewal of a $160 million unsecured bank credit agreement. The three-year agreement with nine lenders was oversubscribed. http://www.andrew....
Tuesday, January 7, 2003
Comcast Issues $1.5 Billion in Notes
Tuesday, January 07, 2003
Comcast sold $600 million aggregate principal amount of its 5.85% Notes due 2010 and $900 million aggregate principal amount of its 6.50% Notes due 2015. Proceeds from the offering will be used to repay short-term indebtedness associated with the recent merger with AT&T's broadband business. http://www.comcast....
Foundry Announces Preliminary Q4 Financials, Increased Revenue and Profits
Tuesday, January 07, 2003
Foundry Networks announced that its Q4 2002 net revenue is expected to be in the range of $84.0 million to $87.0 million, compared to $76.6 million for the previous quarter and $65.4 million in Q4 2001. The company expects to post increased profits compared to the prior quarter and complete its fourth consecutive year of profitability and positive cash flows. Foundry Networks also noted that business was strong in its core vertical markets during the quarter. The book-to-bill ratio was greater than one during the quarter. http://www.foundry...
Wintegra Cites 50 Design Wins for its Access Packet Processor
Tuesday, January 07, 2003
Wintegra, a fabless semiconductor company based in Austin, Texas, 50 design wins for its WinPath access packet processor family. The design wins include Tier 1 network equipment suppliers. http://www.wintegra.com/pr_010603.htmlWintegra's access packet processors provide a combination of ATM and IP feature sets, high-speed SAR functionality, large ATM and IP queues, and an “any service any port�? capability. More specifically, the design provides more than 20 data path protocols resident in RAM on a single chip, including IPv4 Full Routing, AAL0,...
OEpic Offers Front-end Chipset for 10 Gbps Transceivers
Tuesday, January 07, 2003
OEpic, a start-up based in Sunnyvale, California, introduced an 850 nm optical front-end (OFE) chipset solution designed for low cost, next generation 10 Gbps optical transceivers, such as XENPAK, X2, XPAK and XFP. The chipset is designed for very short reach (VSR) 10 Gbps Ethernet and Fibre Channel fiber optic links in enterprise SANs and LANs. OEpic said its intent is to enable transceiver manufacturers to achieve full 10 Gbps performance at a 1 Gbps cost target. http://www.oepic....
Spirent to Provide Service Quality Management for Zhone's Local Access Architecture
Tuesday, January 07, 2003
Spirent Communications and Zhone Technologies announced a strategic interoperability agreement designed to ensure service quality management (SQM) in the access network. Spirent's REACT remote test operations support system (OSS) is matched with Zhone's ARCA-DACS 100 and SECHTOR 300 products, two digital access, cross-connect (DCS) and universal gateway systems for grooming and concentrating voice and data traffic before it hits the transport network. Last year, Spirent significantly expanded its interoperability partnership program, which now...
Foundry Networks Supplies 10 GigE for Japan's Largest Internet Exchange
Tuesday, January 07, 2003
Japan's largest Internet exchange, WIDE (Widely Integrated Distributed Environments), has deployed Foundry Networks' 10-Gigabit Ethernet solution to significantly boost its capacity. The WIDE Project operates a number of Japan's major Internet exchanges including NSPIXP-2, which interconnects more than 60 Japanese service providers. The installation uses Foundry's BigIron 15000 Layer 3 Backbone Switch and 10-Gigabit Ethernet modules. Bussan Networks K.K. is Foundry Networks' distributor for the project. Financial terms were not disclosed. ...
EZchip Releases 10 Gbps Traffic Manager, Matching its 10 Gbps Network Processor
Tuesday, January 07, 2003
EZchip Technologies announced availability of its QX-1 10-Gigabit traffic manager, which can be matched to the company's recently launched NP-1 10-Gigabit network processor. EZchip's QX-1 is a single-chip traffic manager device providing advanced queuing, scalable frame memory, congestion management and hierarchical scheduling of network traffic consisting of thousands and millions of flows. It can be used to deliver QoS in 10-Gigabit interfaces, multi 1-Gigabit Ethernet line-cards with twelve or more ports, as well as OC-192, 4 x OC-48 and 16...
Agere Announces $150 Million Agreement to Supply Samsung With Chipsets
Tuesday, January 07, 2003
Agere Systems announced a one-year agreement valued at $150 million to supply Samsung with wireless data chipsets and software for use in Samsung's new generation of advanced mobile phones. The chipsets incorporate Agere's Global Packet Radio System (GPRS) technology for GSM networks. http://www.agere....
TranSwitch and RAD Data Partner on TDM over IP Silicon
Tuesday, January 07, 2003
TranSwitchand RAD Data Communications announced a technology partnership and OEM agreement to introduce a new family of TDM over IP (TDMoIP) VLSI products that can be used to develop TDMoIP-capable network equipment. The devices would enable transparent transport of legacy TDM and serial data over IP/MPLS networks. TDMoIP was originally developed by RAD and introduced at Telecom Geneva in 1999. The company is working in the IETF and MPLS Forums to promote TDMoIP as a standard. http://www.tdmoip.com http://www.transwitch....
CompactTCA Announces New Telecom Computing Architecture
Tuesday, January 07, 2003
An industry group that includes Force Computers, Motorola Computer Group, Performance Technologies and others announced an initiative called Compact Telecommunications Computing Architecture, or "CompactTCA," that aims to define an embedded system platform specification based on several existing CompactPCI specifications. The single standard would ensure interoperability and the high availability and scalability attributes of packet-switched technology in the proven, lower-cost CompactPCI/PICMG 2.16 form factor. The group said its CompactTCA...
Philips and Accton Merge Wireless Activities into New Joint Venture
Tuesday, January 07, 2003
Royal Philips Electronics and Accton Technology of Taiwan merged their respective wireless connectivity module activities into a new joint venture company. The new venture will provide wireless technology based on Wi-Fi (802.11), Bluetooth and other standards to OEMs in the consumer electronics, enterprise, PC and mobile phone industries. Products will include a full line of access points and gateways including a Powerline Communication/802.11b bridge, worldwide-approved 802.11a/b/g solutions, emerging consumer applications like the recently...
Intel Plans Centrino Brand for its Wireless Mobile Initiative
Tuesday, January 07, 2003
Intel will use the "Centrino" brand name for its upcoming wireless mobile computing technology, which it plans to introduce in the first half of this year. The technologies represented by the Centrino brand will include a microprocessor (formerly code-named "Banias"), related chipsets and 802.11 (Wi-Fi) wireless networking capability. The branding includes a new logo designed to suggest "flight, mobility, and forward movement. "http://www.intel....
Extend America, a New Carrier, Enters Market for Rural Telecom Services
Tuesday, January 07, 2003
Extend America, a new telecommunications company based in Bismarck, North Dakota, announced the opening of its business and the securing of first stage financing from investors Ignition Partners, Cascade Investments, and the Greenspun Group. Extend America will begin deploying fixed and mobile digital wireless service to homes and businesses throughout rural America as well as offer service in mid-sized and urban markets through arrangements with a carrier partner. The company will initially focus on North Dakota, South Dakota, Montana, Wyoming...
Mpower Reshapes its Business by Exiting Certain Markets
Tuesday, January 07, 2003
Mpower Communications, a facilities-based competitive carrier that recently emerged from Chapter 11, announced plans to exit several markets and focus its operations on California, Nevada and Illinois. As part of the new geographic concentration, Mpower will transition its customers and assets in Florida, Georgia, Ohio, Michigan and Texas to other service providers. The company would be left with a base of 75,000 customers in its three core states. Mpower anticipates a cash infusion for each of these transactions, as well as a reduction in ongoing...
AT&T Latin America Considers its Options
Tuesday, January 07, 2003
AT&T Latin America (ATTL), a facilities-based provider of business communications in five Latin American countries, is continuing an ongoing restructuring process that may include a sale of the company or a reorganization under bankruptcy protection. The statement comes after this week's announcement that AT&T will divest its equity stake in ATTL. AT&T has disclosed that it has entered into a non-binding letter of intent with Southern Cross Group, LLC, a telecommunications holding company, to sell 8,000,000 shares of Class A common...
Cox Joins Equinix's Internet Business Exchange
Tuesday, January 07, 2003
Cox Communications will extend its network into Equinix's Dallas, Washington, D.C., and Los Angeles area Internet Business Exchange centers, with possible expansions to other IBX centers in major markets. Cox is the fourth largest US cable provider, serving 6.3 million customers. Financial terms were not disclosed. http://www.equinix....
Alcatel, BT, HP and Brocade Establish 300 km City-to-City SAN Link
Tuesday, January 07, 2003
Alcatel, BT, HP and Brocade successfully established a native SAN connection over a DWDM/SDH network. The link carried synchronous storage data replication services live over a distance of 300 km from Madrid to Albacete in Spain. The transmission used BT's network, Alcatel's metro DWDM and SDH systems, Brocade SAN infrastructure and HP StorageWorks storage systems. The companies said that before this test native SAN data could be replicated in a synchronous way over a distance of only about 100 km depending on the network topology. http://w...
LDCOM Names Marconi as Broadband Access Partner
Tuesday, January 07, 2003
LDCOM has named Marconi as a key partner for its xDSL rollout in France. Marconi's Access Hub will be deployed throughout major cities in France. The company has already supplied 85 units and LDCOM is currently enhancing its capacity to respond to the expected growing customer demand. Financial terms were not disclosed. http://www.marconi.comMarconi's Access Hub features a 32-line xDSL line card enabling up to 576 xDSL lines in a single shelf. The Access Hub, which supports up to 40 Gbps of bandwidth on the backplane, could also act as a wireless...
Telecom Italia Selects Marconi Optical Switch
Tuesday, January 07, 2003
Telecom Italia awarded a EUR 15 million contract to Marconi for a new backbone network architecture based on high capacity optical switching. Marconi's MSH2K optical switching platform would enable Telecom Italia to migrate to an Automatic Switched Optical Network (ASON) in the future based on GMPLS. The technology is being developed at Marconi's Genoa laboratories. http://www.marconi.comIn September 2002, Marconi announced plans for its MSH2K platform, which combines ADM and crossconnect functionality and has a capacity of 320Gbps. The platform,...
UTStarcom Inks $100 Million Additional Contracts with Yahoo! BB in Japan
Tuesday, January 07, 2003
UTStarcom announced new contracts valued at more than $100 million to supply its AN-2000 IP-DSLAM in support of Yahoo! BB ADSL service. To date, Yahoo! BB has already deployed more than $130 million worth of UTStarcom IP-DSLAM equipment to support its 12 Mbps ADSL service. Yahoo! BB reached more than one million subscribers in September 2002, less than 13 months after the service was introduced. Yahoo! BB will launch streaming video services beginning this quarter using the UTStarcom IP-DSLAMs. http://www.utstar.comUTStarcom's AN-2000 IB combines...
