Wednesday, March 5, 2003

Global Crossing Releases 2002 Operational Data

Global Crossing reported operational, network, customer and service data for 2002, saying its financial position had improved since it launched restructuring measures in the wake of its bankruptcy filing last year. Key points include:Service revenue of $2,878 million in 2002, $160 million above the operating plan. Global Crossing ended 2002 with $782 million of cash in bank accounts, well above the $611 million targeted in its operating plan. CAPEX spending declined to $89 million in 2002, compared to $3.2 billion in 2001. Global Crossing ended...

D-Link Ships Multimode A/B/G Wireless Router

D-Link began shipping 802.11a/b/g compliant routers, PC cards and cardbus adapters. The company will also begin shipping a multimode a/b/g access point later this month. http://www.dlink....

sentitO Raises $14 Million for Local Loop, Converged Switching Platform

sentitO Networks, a start-up based in Rockville, Maryland, secured $14 million in new financing for its New End Office - a converged switching solution. sentitO offers an IP-based local loop solution to provide access, switching, and service creation to carriers in a single platform. New investors TELUS Ventures and Core Capital Partners joined the round, which also included previous investors Kodiak Venture Partners, Mid-Atlantic Venture Funds, Technology Venture Partners and Inflection Point Ventures. This new financing brings sentitO's total...

Cedar Point Secures $25 Million for its Packet-Cable Voice

Cedar Point Communications, a start-up based in Derry, New Hampshire, secured $25 million in new funding for its PacketCable-based, SAFARI C³ Media Switching System. The Cedar Point equipment is an open, standards based, next generation voice switching system for cable system operators. The new funding was led by STAR Ventures and included the participation of first round investors Charles River Ventures, Battery Ventures, Comcast Interactive Capital and Ascent Ventures. The company has raised $44 million to date. http://www.cedarpointcom.comCedar...

Masergy Secures $31 Million for MPLS VPN Services

Masergy Communications, a provider of private network services, closed its second round of equity funding for $31 million. Masergy has deployed an MPLS network throughout the US, France, Germany, the Netherlands and the UK that enables its corporate customers to run multiple applications at different priorities. The new funding came from Meritage Private Equity Funds and Centennial Ventures. In total, Masergy has raised nearly $100 million in funding since it was founded two and a half years ago. The company said it has no debt. http://www.masergy.comIn...

Swissvoice to Launch New Line of IP Phones

Swissvoice selected Texas Instruments' silicon and software for a new line of IP phones. The new Swissvoice phones will run MGCP, H.323 and SIP signaling protocols. The company is targeting IP-Centrex, hosted-PBX and LAN-PBX applications in hospitals, factories and offices. The phones will be shown at CeBIT. http://www.swissvoice.nethttp://www.ti....

Axerra and Ericsson Demonstrate Circuit Emulation Service over IP

Axerra Networks completed interoperability testing between its multiservice IP concentrator and Ericsson's Multi-Service Access Device (MSED) HL950 using Circuit Emulation Service over Packet Switched Network (CESoPSN). CESoPSN, also known as CESoIP, is used to emulate the characteristics of circuit-switched connections while utilizing an IP or Ethernet-based infrastructure. CESoPSN emulates both the payload and timing characteristics of a circuit. The interoperability tests simulated an IP Metro network with multiple HL950s situated at various...

Ample Communications Samples 40 Gbps Frame Processor

Ample Communications, a start-up based in Fremont, California, is now sampling single chip 40 Gbps packet over SONET framer targeted for single port STS-768/STM-256 and four port STS-192/STM-64 SONET/SDH applications. The device combines multiple functional blocks including framer, overhead processor, pointer processor and data link logic. The company said the new "Blackbird Frame Processor" could be used for multi-port 10 Gbps and single 40 Gbps interfaces on gigabit and terabit routers, multi-service switches, aggregation routers and test equipment....

Wind Selects Marconi's Access Hub for UMTS Trial

Wind, the Italian telecommunications operator, selected Marconi's Access Hub platform for UMTS pilot networks in Rome and Milan. The AXH2500 equipment will aggregate UMTS traffic from Wind's metropolitan network to its SDH national network. Wind is also using Marconi's Access Hub equipment for its ADSL network. The platform combines the functionality of DSLAMs with the ability to aggregate all traffic types. http://www.marconi....

iDial Launches Broadband Telephony Service over SIP Network

iDial Networks introduced a Broadband Telephony service that runs over its newly upgraded SIP VoIP network. iDial will allow clients to have a traditional US based phone number that will ring directly at a customer's Internet connection anywhere in the world, bypassing international PSTN tariffs. The service also includes voicemail, online phone book, caller identification, and a stand-alone conference calling system. iDial will offer broadband telephony as both a retail service and as a wholesale service to other carriers and ISPs. http://...

Infineon Acquires MorphICs for its 3G Programmable Signal Chips

Infineon Technologies has acquired MorphICs Technology Inc., a start-up based in Campbell, California developing programmable signal processor semiconductors and software solutions for use in 3G infrastructure and terminals. Financial terms were not disclosed. Infineon said the acquisition would broaden its product range for digital baseband signal processing. MorphICs was founded in 1998 and has 30 employees. The company is currently sampling its basestation signal processor product, which is entering trials in commercial networks, and is...

IBN to Deploy Cloud of 5,000 Public Wi-Fi Hotspots

Inspired Broadcast Networks, a subsidiary of LLG of the UK, signed a contract with Ericsson calling for the deployment of 5,000 public Wi-Fi hotspots. Together with Ericsson, BT and Intel, IBN will create a network named "The Cloud" planned to expand to 30,000 hotspots over the next three years. IBN will sell wholesale capacity to branded service providers like mobile and broadband operators as well as pay-as-you-go services at the hotspots. The Cloud will use DSL as its primary backhaul from the hotspots. http://www.ericsson....