Patricia Russo Named Chairman of Lucent, Schacht Steps Down

Lucent Technologies' board of directors named Patricia Russo as its new chairman, succeeding Henry Schacht, who will remain on the board as an outside director. Russo returned to Lucent as president and CEO in January of 2002 after serving as president and chief operating officer of Eastman Kodak. Prior to re-joining Lucent in 2002, Russo had served as executive vice president and CEO of Lucent's Service Provider Networks division from 1999 to 2000. http://www.lucent....

Read More

Qwest Reports Q4 Revenue of $3.7 Billion, an 11% Decline from 2001

Citing continued competitive pressures in local and long-distance voice services, Qwest Communications reported Q4 revenue of $3.7 billion, an 11.2% decrease from the same period last year, and a 3.1% decrease sequentially. Revenue for full-year 2002 was $15.5 billion, a 7.5% decline from 2001 revenue of $16.7 billion. For Q4, operating income was $346 million compared with a $759 million operating loss in the fourth quarter of 2001, and an $11 million operating loss in the third quarter of 2002. Some other highlights:During Q4, Qwest reduced...

Read More

McLeodUSA Reports Q4 Revenue of $230 Million

McLeodUSA, one of the largest CLECs, reported Q4 revenue of $230.0 million and a net loss of $88.7 million, or a loss per common share of $0.33. EBITDA for the competitive telecommunications (Telco) business and excluding discontinued operations for the period was $11.4 million. Gross margin for Q4 was $93.2 million or 40.5% of revenue, as compared to $89.4 million or 36.7% of revenue in Q3 2002. Some other highlights:Completed the implementation of a standardized regional transport and long distance network by integrating 3 independent networks...

Read More

Sourcefire Secures $11 Million for its Network Security

Sourcefire, a start-up based in Columbia, Maryland, raised $11 million in second round funding to support its network intrusion management solutions. Sourcefire was founded in 2001 by Martin Roesch, the creator and principal author of Snort, a widely used engine for detecting network intrusions. Sourcefire extends Snort by adding an integrated database for increased event correlation and data management capabilities. The various models of Sourcefire Network Sensor support network speeds up to multiple gigabits. The new funding was led by New...

Read More

PolyFuel Shows Fuel Cell for Portable Devices

PolyFuel, a start-up based in Menlo Park, California, introduced a prototype methanol fuel cell for portable devices such as mobile phones and laptop computers. The system uses hot-swappable fuel cartridges to provide continuous power. http://www.polyfuel.comPolyFuel was founded in 1999 and is funded by Intel Capital, Mayfield, Ventures West, Technology Partners and Chrysalix Ener...

Read More

Gomez Acquires WebPerform for Website Performance Measurement Tools

Gomez has acquired WebPerform, a privately held UK-based company that delivers services targeted at understanding and improving delivery to end consumers of commercial Web services. Gomez said the acquisition provides it with flexible performance measurement technology, supporting virtually any transaction performed over IP. The technology is aimed at understanding how online customer experience drives customer behavior. http://www.gomez.comIn September 2002, Gomez acquired Porivo Technologies, which provided it a 10,000-node network that delivers...

Read More

LSI Logic Releases Linux ADSL Ethernet Gateway Reference Design

LSI Logic released a Linux-based ADSL Ethernet reference design for customer premise equipment (CPE) manufacturers. The company said its HomeBASE solution can also address service provider requirements for voice, video and data distribution capabilities when used with the LSI Logic ZSP digital signal processing (for VoIP applications), Ethernet, USB, wireless LAN, and mixed-signal cores. http://www.lsilogic....

Read More

Asante Begins Shipping Gigabit Ethernet Routing Switch

Asante Technologies announced availability of a new 16-port Gigabit Ethernet routing switch for enterprise data centers. The product offers 16 non-blocking Gigabit Ethernet ports, wire-speed routing, the Open Shortest Path First (OSPF) router protocol, multicast routing, 8 hardware level priority queues, 4000 Virtual LANs (VLANs), double 802.1q VLAN tagging, 2000 multicast groups, and 16,000 routing tables. MSRP is $6899. http://www.asante....

Read More

Ericsson Selects BRECIS Processor for CPE

BRECIS Communications, a start-up developing a line of multiservice processors, announced a design win with Ericsson. The BRECIS processors will be one of the processors to be used in Ericsson's HL950 Multi-Service Edge Device. http://www.brecis.comEarlier this month, BRECIS announced $20 million in new funding, bringing its total raised to date to $72 milli...

Read More

NEON Deploys ECI Telecom's XDM Optical Platform

NEON Communications, a regional service provider serving the northeast and mid-Atlantic markets, has deployed Lightscape Optical Networks' XDM multi-service optical platform. The XDM equipment is used for metro and regional DWDM, next generation SONET, Metro OXC and GigE networking. Financial terms were not disclosed. Lightscape is a division of ECI Telecom. http://www.lightscapenetworks....

Read More

Cisco Highlights Productivity Gains from IP Communications

Cisco Systems issued a series of customer announcements highlighting the productivity gains and of the major enterprises that have adopted its IP communications solutions. Examples include:Cap Gemini Ernst & Young (CGE&Y), which has connected 12 offices across the US with Cisco CallManager software clusters for centralized IP call processing. The company has deployed 600 Cisco IP phones and will add an additional 775 phones by May. A three-year payback period is projected for its investment. In the financial services industry, the Cisco...

Read More

Ericsson chosen by Orange France for its UMTS Core Network

Ericsson secured a contract to supply the core network equipment and associated integration services for Orange France. Ericsson already supplies to Orange France its GSM and GPRS core networks as well as the MMS platform. Financial terms were not disclosed. http://www.ericsson....

Read More

Orange France Launches GPRS/Wi-Fi Services

Orange France unveiled its the first commercial Wi-Fi offering. The company plans to have Wi-Fi services available in 400 key sites in 2003, and cover 50% of prime business hubs in France by 2005. The company is also offering business owners a "hotspot package" costing EUR 1,000 for the equipment, software and ADSL connection needed to set-up a hot-spot. Site owners would then be allowed to sell prepaid Orange Wi-Fi cards. Orange France is also planning to offer a GPRS/Wi-Fi all-in-one package to consumers. Both GPRS and Wi-Fi connections will...

Read More

Alvarion to Acquire InnoWave, ECI's Fixed Wireless Subsidiary

Alvarion agreed to acquire InnoWave, a fully-owned subsidiary of ECI Telecom, for $9.7 million in cash. Both companies are providers of fixed wireless solutions and both are based in Israel. Alvarion will recruit approximately 150 employees of InnoWave worldwide. InnoWave offers a wireless DSL alternative that operates in the 1.5GHz to 5.7GHz frequency bands. Its modular MultiGain Wireless (MGW) system uses field-proven Frequency Hopping CDMA technology to provide scalable toll quality voice, high-speed Voice Band Data (VBD), and ISDN-BRI services...

Read More

MetaSolv Unveils Metro Optical Provisioning Solution

MetaSolv introduced a new Metro Optical Provisioning Solution to help carriers manage all aspects of their optical business including order processing, service provisioning, network inventory and design, trouble resolution, workflow management, and service activation. The solution has been fully deployed at Memphis Networx, a public/private carrier's carrier that offers metro optical access and core telecommunications services to businesses located in Memphis, Tennessee. http://www.metasolv....

Read More

China Netcom Deploys Nortel Networks' Passport for National Backbone

China Netcom is deploying Nortel Networks' Passport 15000 and Passport 7000 -- including Passport VPN Extender Cards -- for a new national backbone. This backbone will cover more than 110 major cities in China, creating IP VPNs and other data services for government and enterprise customers. The network will also extend existing Frame Relay and ATM services. Activation is expected by March 2003. The contract is estimated to be worth approximately US$15 million. http://www.nortelnetworks.comIn January, Nortel Networks announced a contract to supply...

Read More

Nortel Networks Adds IP VPN Enhancements to Passport Portfolio

Nortel Networks introduced key IP VPN enhancements for its Passport portfolio of multiservice switches enabling service providers to offer business-class intranet IP VPN services with IP Class of Service (CoS)/Quality of Service (QoS), Diffserv, bandwidth guarantees, IP accounting and auto-discovery capabilities. The rollout includes two new VPN Extender Card modules and software enhancements designed to scale IP VPN services to thousands of VPNs per node. The first VPN Extender Card enables Passport 20000 and Passport 15000 Multiservice Switches...

Read More