Thursday, September 30, 2004

Alvarion Halts interWAVE Acquisition

Alvarion called a halt to its acquisition of interWAVE, a provider of compact mobile GSM and CDMA network equipment and services, citing interWave's recent financial results as well as anticipated results going forward. Alvarion said it would be willing to discuss with interWAVE concluding a transaction on different terms. Alvarion said it is expecting to report third quarter results in line with guidance and that its own outlook remains strong. For its part, interWAVE issued an announcement stating that it believes there is no material adverse...

DenseLight Offers G.984 compliant GPON-ONU Transceiver

DenseLight Semiconductors released new GPON transceivers for the ONU side in Gigabit Passive Optical Network (GPON). The new ITU-T G.984 compliant GPON transceiver is capable of achieving 2.5Gbps downstream & 1.25Gbps (burst mode) upstream transmissions. It is designed to operate at the Optical Network Unit (ONU) side, supporting FTTB/C/Cab (fiber to the building/curb/cabinet) network configurations. DenseLight said it provides a complete implementation of the G.984 physical media dependent (PMD) specifications in the transceiver. For...

Newly Reorganized Siemens Communications Group Begins Operations

The newly reorganized Siemens Communications Group started operations on October 1. Siemens Communications Group was created through the merger of the former Siemens fixed and mobile communications units -- IC Networks and IC Mobile -- making it one of the world's largest suppliers in the telecommunications sector. In terms of sales, Siemens Communications rank third with Motorola, behind Nokia and Cisco. The new Group, which is currently represented in more than 160 countries, is headed by Lothar Pauly and subdivided into the three segments Carrier...

Siemens to Resell Huawei's Enterprise Gear

Siemens Communications signed a cooperation contract with Huawei. The deal covers Huawei's network infrastructure products for enterprise customers, and will primarily cover the Huawei portfolio for Quidway routers and switches. Siemens Communications said this cooperation pact with Huawei reinforces its multivendor strategy for Enterprise network infrastructure. http://www.siemens.de/hipathIn February 2004, Siemens Information and Communication Mobile (Siemens mobile) and Huawei Technologies have formed a joint venture company to develop, manufacture...

CompTel/ASCENT Speaks Out Against AT&T Wireless + Cingular Merger

The CompTel/ASCENT Alliance, which lobbies on behalf of CLECs, said consumers should expect to see the cost of wireless and landline phone services rise by $3 billion annually if the merger of Cingular and AT&T Wireless is approved. CompTel/ASCENT predicts that prices of both wireless and landline telephony services to rise because of the enhanced market power that will be wielded by the combined wireless company and its majority owners, BellSouth and SBC Communications. CompTel/ASCENT noted that Cingular and AT&T Wireless are the second-...

Hitachi and NEC Launch "ALAXALA Networks" Targeting Core Routing/Switching

Hitachi and NEC launched ALAXALA Networks Corporation, their new joint venture routing/switching company. ALAXALA Networks will specialize in backbone routers/switches for telecommunications carriers, government/public sectors and large corporations. ALAXALA's activities will cover development, design, manufacturing, sales/marketing to maintenance and services. ALAXALA inherits core technologies from both Hitachi and NEC. The company is launching sales of its "AX series" router/switch through business partners. Hitachi and NEC will both promote...

Terayon's President and CTO Steps Down

Shlomo Rakib has resigned his position as Terayon's President and Chief Technical Officer but will continue to serve as a member of the company's Board of Directors. http://www.terayon.comIn May 2004, company co-founder Dr. Zaki Rakib stepped down as CEO of Terayon Communication Systems to spend more time with his fami...

Level 3 Acquires Sprint's Wholesale Dial Internet Access Business

Level 3 Communications has acquired Sprint's wholesale dial Internet access business for $34 million in cash. The acquired business provides dial-up Internet access to leading ISPs throughout the U.S. The companies have entered into a transition services agreement for the migration of customers onto the Level 3 network, which Level 3 expects to complete in mid-2005. During the migration period, a portion of the cash collected from these customers will be treated by Level 3 as a reduction in purchase price, as opposed to revenue. Sprint plans...

Redback Trims Q3 Revenue Outlook

Redback Networks trimmed its financial expectations for Q3, saying it now expects revenue for the fiscal quarter ended September 30, 2004 to be between $20 million to $22 million. The company said that while it has seen momentum for its next-generation SmartEdge platform by some of the top telecommunications carriers and service providers in the world, it also experienced a delay in customer orders and, in particular, a softness in orders for its SMS family of products and in North America. http://www.redback....