Wednesday, June 4, 2003

Riverstone Issues Preliminary Quarterly Results

Riverstone Networks expects revenues for its fiscal quarter ended 31-May-2003 to be approximately $12 million to $13 million. Accordingly, the company expects to report a GAAP net loss for the quarter of approximately $0.15 per share to $0.17 per share. Riverstone noted increased sales in the first quarter in EMEA (Europe, the Middle East and Africa), but warned that North American sales remained flat relative to the previous quarter, and sales in Asia, particularly China, were weak due in part to regional disruption of business activity. Full...

Bush Issues Presidential Memo on Spectrum Policy

President Bush ordered government agencies to undertake a detailed, one-year review of their spectrum use policies, with the goal of unlocking "the economic value and entrepreneurial potential of U.S. spectrum assets." The federal government makes extensive use of spectrum for radars, communications, geolocation/navigation, space operations, and other national and homeland security needs. The Secretary of Commerce will chair a Spectrum Policy Initiative" that shall prepare legislative and other recommendations to modernize the spectrum management...

ITU and Consumer Electronics Association Formalize Ties

The International Telecommunication Union (ITU) formalized its relationship with the Consumer Electronics Association (CEA) and agreed to coordinate standards development activities. Among the areas of symmetry between CEA and ITU-T are wireless and mobile communications, cable systems, and multimedia technologies. The two groups aim to share resources and expertise in order to enhance international standards. The ITU has formal relationships with 32 fora and standards development organizations. http://www.itu.int/newsroom/press_releases/200...

Comcast Awards Customer Support Contract to Convergys

Convergys Corp. announced a multi-year customer care agreement for Comcast High-Speed Internet and Comcast Digital Phone operations. Services will include technical support, order management, and traditional customer care via telephone, e-mail and Web chat in English and Spanish. Financial terms were not disclosed. Convergys currently operates 45 contact centers and handles more than 1.7 million customer interactions over the phone or the Internet per day. http://www.convergys....

Motorola Expands its Packet Telephony Chip Portfolio

Motorola introduced two new packet telephony solutions: the Smart Packet Telephony 8102 platform and its next- generation MSC8122 multi-core StarCore-based digital signal processor (DSP). Motorola's Smart Packet Telephony platforms comprises a single MPC8260 baseboard and two daughter cards--a PSTN card, and a StarCore DSP-based farm card. The 8102 Packet Telephony Farm Card is a PCI telecom mezzanine card that boosts the performance density of the Smart Packet Telephony platform to 672 high-density voice channels. http://www.motorola....

SBC, BellSouth and Cingular Offer Shared Bucket of Wired/Wireless Minutes

SBC Communications, BellSouth and their joint venture Cingular Wireless residential consumers to share a single bucket of minutes for calls made from either their SBC or BellSouth wireline and Cingular wireless phones. A market trial is currently underway in Texas. The companies said the plan would further integrate wireline and wireless services. http://www.sbc....

STMicroelectronics Releases PeakSHDSL Chipset

STMicroelectronics announced commercial availability of a PeakSHDSL chipset for multi-channel applications in central office equipment. ST has demonstrated the chips supporting symmetric rates of 2.3 Mbps over a distance of 5.1 km on ETSI .4mm loop. The chipset consists of a octal digital modem chip that supports multiple line codes and frame structures; and two quad analog transceivers to connect the digital modem chip with the line driver and hybrid balance circuit. The three-chip, 8-channel solution is targeted for high- density line cards...

Munich Airport Uses Cisco APs for Multiple ISP Hotspot

Munich International Airport is using Cisco System's access points for what is billed as the world's first multiple ISP hotspot. Physical connectivity is through Cisco's Aironet Access Points, while Cisco's Building Broadband Service Managers ensure users do not need to change their network settings to gain access, and serve as a portal platform for free resources such as maps and flight timetables. A Cisco 7400 Series router with a Service Selection Gateway gives users access to their chosen service provider and Cisco Catalyst switches and content...

MCI Deploys Vivace Switches in its MAE Internet Exchanges

MCI is using Vivace Networks' Viva5100 Multi-Service IP switch and VivaESP Management System to power the MCI MAE Services Internet Exchange (IX). Vivace equipment is currently deployed at MAE East (Washington, D.C. area) and MAE West (San Francisco Bay area) and carrying live traffic. MCI will use the Vivace switches to deliver MAE peering services including ATM and Frame Relay rates from DS-3 to OC-48. MCI previously offered only ATM peering services at DS-3 to OC-12 connection speeds. MCI's MAE Services IX consists of several exchange points,...

Pacific Crossing Cable Sold for $63 Million -- Original Cost $1.35 Billion

A bankruptcy court approved the sale of Pacific Crossing Ltd. and its subsidiaries (PCL) to Pivotal Telecom LLC, for $63 million. Pacific Crossing, a former subsidiary of Global Crossing, operates the PC-1 fiber optic telecommunications network connecting Japan with the United States. The undersea cable network was completed in 2000 at a cost of more than $1.35 billion. Pivotal Telecom is a new company formed by Phoenix-based Pivotal Private Equity. http://www.pivotalgroup.com The Pacific Crossing cable features a self-healing bi-directional...

SUPERCOMM Plenary Panel: Perspectives on Growing Broadband Deployments

"Money isn't scarce, good ideas are," said James White, VP Marketing, in Alcatel's Fixed Networking Division, who spoke on the SUPERCOMM "Broadband Applications" Plenary Panel. Good ideas for new services are what will drive further broadband deployments. White observed that carriers are now experimenting with application ready networks that can deliver digital rights management, PVR, home networking and other capabilities. Online gaming is catching on quickly and carriers could leverage QoS capabilities to offer premium connectivity with low...