Broadcom's Q1 Revenues Rise 19% over Q4

Broadcom reported record Q1 revenue of $573.4 million, an increase of 19.7% from the $479.1 million reported for Q4 2003 and an increase of 75.1% from the $327.5 million reported for Q1 2003. Net income (GAAP) for Q1 was $39.9 million, or $.12 per share (diluted), compared with GAAP net income of $6.1 million, or $.02 per share (diluted) for Q4. Broadcom reported revenue increases generated across all four of its business groups on a sequential and year-over-year basis. The strongest revenue growth on a sequential basis was experienced in the company's...

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UTStarcom Signs IP-DSLAM Contract with Versatel Nederland

Versatel Nederland BV has selected UTStarcom's AN-2000 IB IP-DSLAM for its broadband network. The companies said the equipment will provide for a migration of Versatel network from ATM to IP and will support triple play services. Financial terms were not disclosed. http://www.utstarcom.comhttp://www.versatel.c...

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Alcatel signs OEM Deal for Navini's Wireless Broadband

Alcatel announced an Original Equipment Manufacturer (OEM) agreement with Navini Networks covering its "Ripwave," non-line-of-sight wireless broadband platform. Specifically, Alcatel will distribute the Navini Ripwave (Alcatel 7386 Wireless IP) products - base stations, element management systems and customer modems or PCMCIA cards - operating in the unlicensed 2.4 GHz, and the licensed 2.3, 2.5/2.6, and 3.5 GHz spectrum bands. The Navini solution, a combination of several advanced technologies including smart antennas and multi-carrier modulation,...

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Marconi Sees Sales Rise in Latest Quarter

Marconi's sales for the latest fiscal quarter rose 6% sequentially to £378 million on a constant currency basis -- in line with expectations and previous guidance -- or 1% after taking into account negative foreign exchange issues. The company reported continued improvement in operating performance and strong progress on its underlying adjusted gross margin, which is expected to be at the top-end of its 28% to 30% target. Sales of optical equipment to Telecom Italia were down, but more than offset by increasing SDH sales to BT. (BT accounted...

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BT Announces Executive Appointments

BT announced the appointment of François Barrault as President, BT International, taking responsibility for BT's operations in Europe, Americas and Asia-Pacific, as well as leading BT's international sales and marketing activities. Barrault joins BT from Lucent Technologies Inc. where he was President of Lucent Mobility International having previously been President and CEO of Lucent Europe Middle East and Africa (EMEA) and, prior to that, senior vice president, international, of their InterNetworking Systems group. Before Lucent, he spent 5 years...

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AT&T Cites Competitive Pressures, Lower Earnings

Citing continued declines in long distance (LD) voice and data revenue, AT&T reported Q1 consolidated revenue of $8.0 billion, a decline of 11.1% versus the first quarter of 2003. The declines were partially offset by AT&T Consumer's bundled local and LD offering, as well as growth in several key markets of AT&T Business. Operating income totaled $281 million, resulting in a consolidated operating margin of 3.5%. Operating income included $213 million of net restructuring and other charges taken during the quarter related to streamlining...

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AT&T Reacts to FCC Phone-to-Phone VoIP Ruling

In response to the FCC's decision earlier this week to reject its phone-to-phone VoIP petition, AT&T expressed disappointment that the Commission chose "to protect the monopoly revenues of the Bell companies at the expense of consumers everywhere." In a statement, Jim Cicconi, AT&T general counsel, said: "Rather than leave a legacy that promotes technology and innovation, this FCC will be remembered as the Commission that took the first steps to regulate the Internet despite its public statements to the contrary. The order will give real...

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Net2Phone Unveils Wi-Fi VoIP Strategy

Net2Phone disclosed plans to deliver a suite of wholesale wireless VoIP solutions for other service providers. Net2Phone's wireless VoIP solutions will offer service providers SIP-based hosted wireless telephony services that can be sold to their customers as an enhancement to their existing product set. Net2Phone would route all calls over wireless IP networks to its SIP-based platform, which performs call management, provides Class 5 features, billing, provisioning and enhanced services and distributes the infrastructure required for interconnecting...

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Tekelec Sees Growth in Q1

Tekelec reported quarterly revenue of $78.9 million, compared to $55.0 million in the first quarter of 2003. On a GAAP basis, Tekelec's net income was $5.8 million, or $0.09 per diluted share, for the first quarter of 2004, compared to net income of $1.5 million, or $0.02 per diluted share, in the first quarter of 2003. Network Signaling revenue for the first quarter of 2004 was $63.2 million, compared to $46.0 million in first quarter of 2003. IEX Contact Center revenue was $9.3 million, compared to $9.0 million in first quarter of 2003. Tekelec's...

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China Backs Down on Wireless Authentication Standard

China agreed to indefinitely delay the implementation of its proprietary wireless encryption standard, called WAPI for wireless authentication and privacy infrastructure, following negotiations with U.S. government trade officials. WAPI had been expected to become a mandatory requirement for WLAN products in China beginning in June. http://www.doc.govEarlier this month, the Office of U.S. Trade Representative (USTR) issued a report citing China's planned WAPI standards as one of the greatest obstacles for open competition in global telecommunications...

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Zhone to Acquire Sorrento Networks

Zhone Technologies will acquire Sorrento Networks Corporation, a supplier of metro-optical transport and access products. San Diego-based Sorrento Networks' GigaMux product family consists of access, metro, and regional optical networking systems. Its customer base and market focus includes cable TV operators, telecom carriers, and service providers. Zhone said the acquisition of Sorrento's DWDM and CWDM products would expand its product portfolio and customer base. Under the terms of the agreement, Zhone will issue 0.9 of a share of Zhone common...

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UTStarcom to Acquire Telos for Mobile Packet Switch

UTStarcom agreed to acquire TELOS Technology, a privately-held company based in Vancouver, Canada, for its distributed mobile switching solutions for the rural, enterprise, and emerging wireless markets. TELOS' product portfolio includes the Sonata SE Softswitch, Sonata FS Feature Server, and Sonata OMC Operations Maintenance Center. The Sonata softswitch can function as an MSC server, SGW (signaling server/gateway), and IMG (intelligent media gateway. The company's wireless systems have been commercially deployed in over 35 countries, delivering...

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BellSouth Adds LD and DSL Lines, Loses Access Lines

BellSouth added 636,000 net long distance customers and 156,000 net DSL customers in Q1, offsetting continued access line declines. Consolidated revenues from continuing operations were $5.0 billion, 0.8% lower than the same quarter of the previous year. Income from continuing operations was $1.2 billion compared to $850 million in the same quarter a year ago. Operating free cash flow from continuing operations (defined as cash flow from operations less capital expenditures) totaled $1.1 billion. Some highlights for Q1:Growth in revenues from...

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Procket Networks Extends IPv6 Support, Security

Procket Networks announced a new software release that enhances the IPv6 capability of its PRO/8000 Concurrent Services Routers and adds new security features. The new features include support for PIM-SM Source Specific Multicast (SSM), IPv4/IPv6 output packet filtering, and packet filtering permit accounting for easier characterization of denial of service (DoS) attacks. http://www.procket.c...

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Yahoo! BB Selects UTStarcom to Expand 45Mbps ADSL Service

UTStarcom has signed an expansion contract valued at $18.6 million with Softbank BB for further deployments of its AN-2000 IP-based DSLAM. The platform is being used to enable the new Yahoo! BB 45 Mbps high-speed ADSL service to more than four million broadband subscribers in Japan. Softbank BB reached more than four million subscribers by the end of March 2004. The company introduced 8 Mbps ADSL data service in September 2001, attracting more than 100,000 subscribers in the first month alone. In August 2002, Softbank BB introduced Japan's first...

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Motorola Shows Latest Cable Modem Designs

Motorola unveiled two new cable modems that integrate capabilities such as VoIP telephony or wireless home networking. The Motorola SBV5120 combines a multimedia telephony adapter with a PacketCable-compliant cable modem which was recently certified for DOCSIS 2.0 and 1.1, and EUR-DOCSIS 2.0. The device allows consumers to use their existing home telephone wiring to power two lines of voice service, and supports all class features. The Motorola SBG940 cable modem combines an integrated 802.11g Wireless Access Point , an DOCSIS 2.0-certified /...

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New Consumer Coalition Defends the Universal Service Fund

A new "Keep Universal Service Fair Coalition" has been formed to make sure the FCC does not alter the way Universal Service Fund (USF) fees are collected. The Coalition, whose members include leading consumer, senior, disability and minority advocacy groups, believe that the current USF funding mechanism is equitable because it is based on customer usage (minutes used of long distance). The Coalition argues that any proposals to change the USF funding process to a connections-based system would be regressive and disproportionately hit low-income,...

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