Lucent Reports Profit, See Growth in Low Single Digits

Lucent Technologies reported quarterly revenues of $2.19 billion, a decrease of 3% sequentially and 9% from the year-ago quarter. Quarterly net income was $68 million or 2 cents per diluted share -- marking Lucent's third straight quarter of profitability. For comparison, Lucent posted net income of $338 million or 7 cents per diluted share in the preceding quarter and a net loss of $351 million or 14 cents per diluted share in the same period a year ago. Lucent said its mobility business remains strong, highlighted by an agreement with Verizon...

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Sprint's Q1 Revenue Rises 6%, Sees Strength in Wireless

Sprint reported quarterly revenue of $6.707 billion, up 5.6% over the same period last year. Net income for the first quarter was $222 million versus net income of $1.67 billion for the same period last year, which included a gain of $1.31 billion from a discontinued operation and a cumulative effect of change in accounting of $258 million. Some highlights: Sprint PCS Net operating revenues rose to $3.437 billion, up 16.7% compared to a year earlier. First quarter net subscriber additions include 414,000 post-paid retail, 420,000 from wholesale...

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EarthLink Adds 98,000 BB Users for 1.2 Million Total

EarthLink added 98,000 net subscribers during the first quarter and ended the quarter with approximately 5.3 million paying subscribers, an increase of 283,000 subscribers, or 5.6%, from a year ago. During the quarter, the company added 98,000 broadband subscribers, ending with approximately 1.2 million broadband customers, up 30.1% from a year ago. During the quarter, EarthLink also added 99,000 net new subscribers at PeoplePC Online, the company's value-priced narrowband service, while losing an approximately similar number of subscribers in...

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Sprint and EarthLink Extend Partnership

Sprint and EarthLink signed a three-year marketing and sales agreement that builds on their six-year relationship. Under the new deal, Sprint and EarthLink will offer a co-branded high-speed Internet service to residential and small-business customers in Sprint's local territory, billed on a single monthly statement. Later this year, EarthLink will add to this offering a Sprint and EarthLink-branded version of Total Access, which will be sold by both Sprint and EarthLink. http://www.sprint.comhttp://www.earthlink....

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New Serial ATA Specification Hits 3 Gbps

The Serial ATA Working Group has completed two new specifications. One centers on doubling the signaling speed for Serial ATA, the other on new cable and connector solutions to support additional applications and usage models. The second generation Serial ATA signaling speed is specified at 3 Gbps -- double that of the first-generation Serial ATA speed. Among the features of the enhanced technology is that no new cables and connectors are required to support the higher signaling speeds. The new specification also defines a higher-power version...

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Fuji Television and NTT Carry HD over Trans-Pacific IP

Fuji Television Network and NTT Communications have demonstrated first IP-based, non-compressed high-definition television (HD) transmission between Tokyo and Las Vegas at the National Association of Broadcasters (NAB) 2004 show. The two companies are exhibiting an HD non-compressed IP transmission system that connects Tokyo and Las Vegas by a 2.4 Gbps optical network. This system allows for an interactive HD transmission from both locations using IP. http://www.nttamerica.comhttp://www.fujitv.co.jp/...

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FCC Announces Settlement in Nextwave Case

The FCC reached an agreement with NextWave Communications regarding the company's broadband personal communication service (PCS) licenses, which have been in dispute since 1996. Specifically, the agreement: provides for the immediate return of spectrum licenses that will account for at least 90% of NextWave's spectrum when licenses already sold to Cingular Wireless are taken into account; contemplates total cash recovery (including NextWave's down payment) of $1.6 billion if anticipated sales occur; results in a total cash and spectrum recovery...

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AMCC Posts Revenue of $47.4 Million, up 24%

AMCC reported quarterly revenue of $47.4 million, up 24% sequentially from the $38.2 million reported in the preceding quarter, and up 136% from the same period last year. The pro forma net income for the quarter was $237,000 or $0.00 per share, compared to the pro forma net loss of $7.1 million or $0.02 per share in the preceding quarter. AMCC recently announced plans to acquire 3Ware, a developer of high capacity Serial ATA (SATA) storage solutions, and IBM's 400 series of embedded PowerPC processors. http://www.amcc....

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PMC-Sierra Readies its Packet Processors, Framers

PMC-Sierra announced production of its new line of HDLC packet processors and high-density T1/E1 framers, which address highly channelized router, multi-service switching and wireless infrastructure applications. These fourth generation devices build upon PMC-Sierra's multi-service switch line card solutions and enable scalable and flexible architectures in edge routers, multi-service provisioning platforms, and wireless radio network controllers and base station controllers. PMC-Sierra said its new PM7310 FREEDM 336L, PM7311 FREEDM 84L and PM7312...

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Telstar Selects NexTone's Session Controllers

Telstar, which provides wholesale VoIP services to international carriers and retail services to small and medium business, is implementing NexTone's session controllers in its global network to increase its VoIP capacity and provide more efficient routing of its traffic. Telstar has deployed the NexTone Multiprotocol Session Controller (MSC) in its global switching center in New York, as well as its international switching nodes in Italy, Spain and Portugal, using capabilities such as dynamic call admission control, SIP/H.323 interworking functions...

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Japan Tobacco Outsourcers Network to Equant

JT International (JTI), the international operating division of Japan Tobacco Inc., has outsourced its telecom services in 47 countries, representing more than 240 sites, to Equant. As part of this outsourcing deal, Equant will provide a full set of communications services to JTI, including data services based on IP VPN, Internet access, managed security services, remote access services, LAN management, voice over IP and IP telephony, contact centers as well as fixed and mobile voice services. This deal also includes the transfer of JTI's telecom...

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iBasis provides VoIP Interconnection for Russia's Golden Telecom

iBasis has established a direct VoIP interconnection with Golden Telecom, an alternative provider of integrated telecommunications and Internet services in major cities of Russia and other countries of the Commonwealth of Independent States (CIS). The interconnection bridges iBasis' Cisco Powered Network and Golden Telecom's softswitch from MERA Networkshttp://www.ibasis.comhttp://www.goldentelecom.com.In March 2004, iBasis introduced a service designed to simplify and accelerate carriers' implementation of direct VoIP interconnections to the iBasis...

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Tekelec's Taqua Group Lands 100th Switching Customer

Tekelec's newly acquired switching division (formerly Taqua) reached the 100th customer milestone with the purchase of its iX7000 Class 5 packet switch by Oregon-based Axxis Communications. Tekelec's "switch-on-a-card" platform is designed for carriers serving up to 5,000 lines. http://www.tekelec.comEarlier this year, Tekelec acquired Taqua, a provider of next-generation Class 5 packet switching systems, for approximately $85 million cash, plus the assumption of Taqua's outstanding optio...

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SBC Offers $22 UNE-P Wholesale Rate to Competitors

SBC Communications unveiled a proposal that would provide its local phone company competitors the ability to lock in UNE-p wholesale rates of $22 through the end of 2004 throughout its 13-state service territory. The offer comes six weeks after a federal court rejected the FCC's wholesale rules and three weeks after the FCC urged the industry to negotiate on its own, which was followed by the first-of-its-kind agreement between SBC and Sage Telecom that set competitive terms for seven years. SBC's letter said that the proposal would be available...

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Toshiba and Cometa Networks Sign Wi-Fi Pact

Toshiba America Information Systems and Cometa Networks agreed to co-market Wi-Fi hotspot solutions. As part of the agreement, Cometa Networks will have the opportunity to incorporate some or all of the hundreds of Toshiba U.S. SurfHere hotspot locations into Cometa's expanding hotspot network. http://www.cometanetworks....

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Ciena to Close its San Jose Offices

CIENA announced plans to close its offices in San Jose, California eliminating approximately 425 employees, or approximately 25%, of CIENA's current workforce by the end of the fiscal year. All ongoing product development and customer support activities currently based in San Jose will be consolidated on a product group or functional basis with efforts in progress at other CIENA locations. For instance, San Jose-based CoreDirector-related development will be consolidated with CIENA's ongoing CoreDirector development already taking place in Alpharetta,...

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MCI Emerges from Bankruptcy, Readies for Global IP Convergence

MCI emerged from Chapter 11 protection nearly two years after the resignation of WorldCom CEO Bernard Ebbers and the discovery of one of the largest accounting frauds in U.S. history. The company emerges from bankruptcy with about $5.7 billion in debt and $6 billion in cash. MCI said the telecommunications industry is still going through a period of transformation with tough economic conditions. However, Internet usage is still increasing, people are communicating more often and in more ways and computing and communications are converging. MCI...

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