Tuesday, March 9, 2004

Deutsche Telekom Claims Financial Turn Around

Deutsche Telekom issued its financial results for 2003, claiming a financial turn-around for the company based on a double strategy of debt reduction and growth in profitable services. Kai-Uwe Ricke, Deutsche Telekom's CEO, said the company exceeded its financial targets in many key areas. Some highlights of the report:For 2003, net revenue increased by 4% year-on-year to EUR 55.8 billion EURs. Net income was EUR 1.3 billion EURs.EBITDA was EUR 18.3 billion, a head of a target of EUR 16.7 billion to EUR 17.7 billion for the year. This represents...

Reaction to Powell's 30 Day UNE-p Negotiating Proposal

AT&T: "Chairman Powell's call is not one for negotiation but rather a call for surrender. Clearly this will mean an end to a competitive local marketplace, not only for the millions of customers who have chosen competitive carriers as their local providers but also for the millions of others who are benefiting from the lower prices that competition brings," said Jim Cicconi, AT&T general counsel. CompTel/ASCENT Alliance: "The competitive industry has been trying to negotiate with the Bells for eight years, without success. Chairman Powell...

FCC's Michael Powell Calls for 30-day Negotiations on UNE-p

CLECs and ILECs should enter a 30-day negotiation period beginning now to arrive at commercially negotiated rates for local access, said FCC Chairman Michael K. Powell, speaking at the National Association of Regulatory Commissioners (NARUC) General Assembly. If such negotiations fail, Powell said he intends to propose an interim set of rules to protect against precipitous disruptions in services currently delivered by CLECs using ILEC facilities. The interim rules would provide an 18 month moratorium and transition period for existing UNE-P...

Intel's New R&D Center in Korea Focuses on Home Networking

Intel has established a new R&D center in Seoul, Korea to focus on advanced wireless communications, high-quality media coding, and next generation platforms for content distribution and consumption. Intel also signed a memorandum of understanding Electronics and Telecommunications Research Institute (ETRI) to jointly develop new technologies related to multi-stream media distribution over home networks, home automation, and next generation home servers. Intel appointed KS Lee as the first director of the Intel Korea R&D Center. Before...

Global Crossing Reports Financials for Q4

Global Crossing reported Q4 total revenue of $719 million compared to $765 million for the same period in 2002. The decrease in total revenue was primarily attributed to the company's delayed emergence from Chapter 11 and continued pricing pressures resulting from a competitive market, partially offset by growth in the company's carrier business segment. Total revenue consisted of telecom services revenue of $679 million and Global Marine revenue of $40 million. EBITDA for Q4 2003 improved to $13 million as compared to a loss of $62 million for...

Pactolus Supplies SIP from PointOne's IP Calling Cards

PointOne Telecommunications is using Pactolus Communications' SIPware Prepaid Calling Card service and RapidFLEX Application Server in its nationwide, converged network. http://www.pactolus....

SAVVIS Teams with Telefonica to Expand in Latin America

SAVVIS Communications announced an agreement with Telefonica that enables it to expand its presence in eight Latin American nations, including more than 40 major cities, as well as Puerto Rico. With the interconnection, SAVVIS will deliver its "Intelligent IP Networking" and managed hosting services in Argentina, Brazil, Chile, Colombia, El Salvador, Guatemala, Mexico, Peru and Puerto Ricohttp://www.savvis....

Telenor Group Chooses Nokia for DSL Expansion

Telenor Group awarded an international frame agreement to Nokia for DSL solutions and related services for networks in Norway, Sweden and other relevant markets. Under the two-year deal, which also includes options for a further two years, Nokia will supply its latest generation D500 IP DSLAM. Deployments are expected to cover around 200,000 lines during 2004. http://www.nokia....

Seabridge Licenses Data Connection's MPLS, OSPF and ATM

Seabridge Ltd., a developer of multi-service packet switches, has licensed Data Connection Limited's (DCL's) DC-MPLS, DC-OSPF and DC-ATM software for use in their SURPASS hiD and next generation multi-service packet switch product lines. http://www.dataconnection....

Axerra Introduces Multiservice Access Device

Axerra Networks, a start-up based in Boca Raton, Florida, introduced a multiservice access device that enables extensive Ethernet capabilities such as Transparent LAN Service and Virtual Private LAN Service (VPLS), T1/E1 Circuit Emulation Service over Packet (CESoP) and dynamic bandwidth CES (DB-CESoP) for voice services, and Frame Relay over Packet (FRoP) for legacy data applications. Axerra's AXN1 Multiservice Access Device supports a variety of QoS and policing mechanisms and is available in several configuration options with both 10/100 BaseT...

Major ISPs File Anti-Spam Lawsuits

America Online, EarthLink, Microsoft and Yahoo! jointly filed six lawsuits under the new U.S. anti-spam law, the Controlling the Assault of Non-Solicited Pornography and Marketing (CAN-SPAM) Act of 2003. The companies allege that the defendants sent a combined total of hundreds of millions of bulk spam e-mail messages to customers of the four networks. http://www.aol.comhttp://www.earthlink....

Turk Telekom Selects Alcatel for DSL Expansion

Turk Telekom, the incumbent telecommunications fixed- network operator, selected Alcatel to supply an additional 200,000 lines for its broadband network. The deployment, which will occur in two equal phases, will extend the DSL network coverage to 2000 remote sites throughout the country. The rollout, which should be completed in 2004, will use the Alcatel 7300 Advanced Services Access Manager and the Alcatel 5523 DSL Work Station Element Management system. Financial terms were not disclosed. Alcatel has supplied the majority of Turk Telekom's...

Occam Completes Additional Funding

Occam Networks raised an additional $4.2 million in an additional closing of its previously announced private placement of Series A-2 Preferred Stock. Investments funds affiliated with Alta Partners invested $4.0 million at the closing. In connection with the financing, Occam agreed to permit Alta, at its election, to designate a member of Occam's board of directors. Since November 2003, Occam has raised $20.7 million through private placements of its Preferred Stock. http://www.occamnetworks....