NanoOpto Boosts its Venture Funding by $3.3 Million

NanoOpto Corporation, a start-up based in Somerset, New Jersey, closed on an additional $3.3 million in venture financing for its proprietary nano-fabrication technology for optical components. The company combines its nano-meter scale optical function design capability combined with wafer-based manufacturing methods. The additional funding is from existing equity partners Morgenthaler Ventures; U.S. Trust's Excelsior Venture Partners III, L.L.C.; Draper Fisher Jurvetson (DFJ) Gotham Ventures and New England Ventures; Bessemer Venture Partners;...

Read More

Cablevision Reaches 115,050 Cable VoIP Customers

Cablevision Systems reported Q2 net revenue of $1.2 billion, up 25% compared to the prior year period, based on continued strong growth at both Telecommunications Services and Rainbow Media's Core Networks. Consolidated operating income totaled $159.1 million compared to operating income of $26.2 million in the prior year period. Some operating statistics for Q2:5,421,560 Revenue Generating Units, up 211,580 or 4% from March 2004 and up 924,530 or 21% from the prior year periodiO: Interactive Optimum digital video customers up 109,990 from March...

Read More

Charter Reports Loss of Analog & Digital Customers

Charter Communications reported Q2 revenue of $1.239 billion, an increase of $71 million over the same period in 2003. Operating costs and expenses were $759 million, an increase of $64 million compared to the year ago period. The rise in second quarter 2004 operating costs and expenses was primarily a result of a 10% increase in programming costs, a 9% increase in service costs and a 29% increase in marketing costs. Second quarter 2004 income from operations totaled $15 million. The net loss was $416 million, or $1.39 per common share. There...

Read More

BT Deploys Netegrity for Identity Management

BT has purchased an enterprise wide license for Netegrity's identity and access management line of products, including its SiteMinder, IdentityMinder Web, IdentityMinder eProvision and TransactionMinder technology. Netegrit said its identity and access management products will be used to provide a common identity authentication infrastructure across BT and will enable BT to securely manage millions of user identities including BT customers, partners, employees, and contractors. http://www.netegrity....

Read More

Fiberlink Selects Lucent for Managed Services

Fiberlink Communications Corp., a provider of managed security and remote connectivity solutions for global enterprises, awarded a multi-year contract to Lucent Technologies to provide global network management services. Lucent Worldwide Services will provide a variety of fault management services, including alarm reporting, trouble ticketing, fault resolution, provisioning, and management of all staging and installation for Fiberlink's enterprise VPN customer sites. These services will be provided from Lucent's Global Network Operations Center...

Read More

Motorola to Resell MeshNetworks' Ad Hoc Wireless

Motorola agreed to resell MeshNetworks mobile ad hoc networking solution through its sales force and re-seller network. Specifically, MeshNetworks' self-forming, self-healing mobile broadband networking and precision position-location solutions will be offered as part of Motorola's advanced wireless broadband data portfolio for enterprise, utility and public safety. MeshNetworks' systems have been deployed worldwide in public safety, Intelligent Transportation System (ITS) and municipal government applications. The agreement also gives Motorola...

Read More

ITC^DeltaCom Tests Nortel's Multimedia Communication Server

ITC^DeltaCom, a leading CLEC in Arkansas, Texas, Virginia and all nine BellSouth states, has selected Nortel Networks' Multimedia Communication Server (MCS) 5200 to trial VoIP and multimedia services for its customers. ITC^DeltaCom has been conducting an internal trial during the last several months. Nortel Networks MCS 5200 is an open platform based on SIP. Financial terms were not disclosed. http://www.nortelnetworks....

Read More

Avanex Names New CEO

Avanex named Jo Major as its new president and CEO, replacing Walter Alessandrini, who will continue as Chairman of the Board of Directors. Major most recently held the position of Senior Vice President and General Manager of the Components Business Group of JDS Uniphase, which he joined in 2001. Prior to joining JDS Uniphase, Major was Vice President of Optical Pump Business Unit at SDL. http://www.Avanex....

Read More

Nortel Networks Invests in Global IP Sound

Nortel Networks will invest in Global IP Sound (GIPS), a Swedish start-up offering embedded voice processing technologies. The warrant issue represents five percent of the fully diluted value of Global IP Sound and is exercisable after five years. The investment build upon the expanded licensing agreement announced by the companies in June, affirming GIPS' role as a strategic supplier of voice processing software for Nortel Networks IP-centric communications systems. Nortel has licensed the GIPS VoiceEngine and SoundWare suite of embedded voice...

Read More

SBC Boosts its DSL Upload Speed

SBC Communications announced a two-pronged plan to increase the upload speed for its SBC Yahoo! DSL subscribers at no extra charge. SBC Yahoo! DSL Express, offering download speeds of 384 kbps to 1.5 Mbps, will include upload speeds of up to 256Kbps, compared to 128 kbps previously. Later this year, the upload speeds will be increased to up to 384Kbps. Customers subscribing to the flagship service, SBC Yahoo! DSL Pro, receive download speeds of 1.5 to 3.0 Mbps and upload rates of up to 416Kbps--an increase from up to 384Kbps which was previously...

Read More

SureWest Expands its FTTP Network

As of 30-June-2004, SureWest Communications was serving over 32,000 revenue-generating units (primary voice, video and data subscribers over its IP-based FTTP network in the Sacramento, California region. Subscribers to SureWest's data service, a dedicated 10mbps synchronous fiber connection, increased by 85% year-over-year to nearly 11,400. SureWest also now offers fiber service for the small-and-medium-enterprise (SME) business market. In SureWest's incumbent local exchange (ILEC) territory, total DSL subscribers -- including those employing...

Read More

Freescale Receives First FCC Certification for Ultra-Wideband

Freescale Semiconductor received FCC certification for its Ultra-Wideband (UWB) communications solution, enabling it to begin commercial shipments of its XS110 chipset immediately. Freescale said it was the first company to receive UWB certification from the FCC. Freescale said initial consumer applications are expected to include large screen displays (plasma, LCD), digital video recorders and set-top boxes, with mobile applications such as portable hard drives and digital cameras to follow later in 2005. Freescale's XS110 chipset uses the DS-UWB...

Read More

CIENA Teams with Telcordia on EoS, OSS Integration

CIENA and Telcordia Technologies are jointly developing and delivering solutions to help ILECs introduce and manage Ethernet services over their existing network infrastructures. The collaboration aims to establish Operations Support Systems (OSS) features to support the cost-effective deployment of advanced Ethernet-over-SONET services, specifically those enabled by CIENA's CN 2600 Multiservice Edge Aggregator. The companies said they are co-investing in numerous enhancements for SONET Virtual Concatenation enabling dynamic inventory management,...

Read More

Chinese Broadcaster Transforms Fiber Network with Juniper Networks

China's Yuanshen Broadcasting Network, located in the northern city of Harbin, is deploying Juniper Networks' E- and M-series routing platforms for delivering new broadband access services to residential customers and enterprises. Yuanshen Broadcasting is using the M-series to create a backbone network and the E-series to build an aggregation and access network at the edge. Yuanshen Broadcasting will also be able to offer MPLS-based services tailored to enterprise customers, such as MPLS VPN. Financial terms were not disclosed. http://www.j...

Read More

T-Networks offers CWDM 10Gbps Components

T-Networks, a start-up based in Allentown, Pennsylvania, announced the availability of its LIM (Laser Integrated Modulator) product line in Coarse Wavelength Division Multiplexed (CWDM) versions. These products will operate at the standard CWDM wavelengths from 1470nm to 1610nm with the same specifications as the current C-band product line. T-Networks entire 10 Gbps product line, with up to 110km transmission performance, NRZ and RZ transmission, and up to +4dBm output power is now offered in CWDM wavelength versions. T-Networks' LIM platform...

Read More

The Quilt Names Five Bandwidth Suppliers

The Quilt a coalition of advanced regional networking organizations, selected Cogent, Global Crossing, and WilTel as new Authorized Quilt Vendors (AQV) for Internet service. The organization has also extended agreements with Level 3 Communications and Qwest Communications. The Quilt, which gathers more than 20 leading research and education networking organizations in the U.S., provides network service for more than 200 Internet2 universities and thousands of other educational institutions. To be selected as a bandwidth vendor, the carriers had...

Read More

XO Raises $200 Million in Preferred Stock Offering

XO Communications completed a private placement of 6% Class A Convertible Preferred Stock and has received total proceeds of $200 million. XO privately offered the shares of preferred stock to XO stockholders that currently hold an aggregate of approximately 85% of XO's outstanding common stock. Affiliates of Carl C. Icahn, XO's chairman and owner of approximately 50% of XO's outstanding common stock, purchased $190 million of the preferred stock, and an affiliate of Amalgamated Gadget, L.P., holder of approximately 9.4% of XO's outstanding common...

Read More

Meru Eliminates 802.11g Client Performance Penalty

Meru Networks, a start-up based in Sunnyvale, California, has developed a Dual Speed WLAN technology that enables its Wi-Fi access points to overcome the "802.11g client performance penalty" that occurs when even one 802.11b device joins an 802.11g network. Meru Networks said that although 802.11g is designed for 54 Mbps rates, typical real-world performance averages about 25 Mbps. Because 802.11g is backwards compatible with 802.11b clients, the access point radio needs to throttle-down whenever an 802.11b client is active. This drops the...

Read More