Monday, January 10, 2005

Hanaro Selects BNS to Implement Broadband TV Service

Hanaro has selected Hong Kong-based solutions provider Broadband Network Systems Ltd (BNS) to implement a complete Broadband TV service solution. Financial terms were not disclosed. http://www.bnsltd.comBNS serves as content aggregator for Chunghwa Telecom's MOD (Multimedia-On-Demand) Service in Taiw...

FlexLight Names CEO

FlexLight Networks, a developer of Gigabit PON (GPON; ITU-T G.984) optical access network solutions, named J. Michael Camp as its new CEO, replacing Gary Lee, who will remain with the company in the role of Chief Marketing Officer. Most recently, Camp served as CEO of VocalData, which was acquire in 2004 by Tekelec. http://www.FlexLight-networks.c...

Infineon Terminates Business Unit Sale to Finisar

Infineon terminated the agreement under which Finisar had agreed to acquire its fiber optics business unit. Infineon cited circumstances beyond its control, including delays related to SEC filings, for the breakdown of the agreement. In addition, the company said the significant delay and high uncertainty of the deal closing are likely to result in deterioration of its Fiber Optics business and in potential harm to its customers. Infineon will undertake a restructuring of the business unit and may pursue legal options to recover the damages....

Sprint Teams with India's Reliance Infocomm

Sprint has extended its global IP network to India through a partnership with Reliance Infocomm. IP nodes have been deployed in Mumbai, New Delhi and Bangalore. Key services now available in India through Reliance include dedicated Internet, MPLS VPN, managed security and managed network services, as well as a Layer 2 suite of IP-based services based on L2TPv3 technology. http://www.sprint....

Siemens and Microsoft Announce Worldwide Alliance

The Siemens Communications Group and Microsoft announced a multi-year agreement covering enterprise-grade, presence-enhanced calling, video and Web conferencing, and collaboration solutions. The companies said they share a "common vision of presence-enabled communication that integrates voice, video, instant messaging and Web conferencing into a comprehensive tool suite to improve worker productivity and team collaboration." Under the alliance, Siemens and Microsoft will align market development and sales activities to deliver:Microsoft Office...

Occam Networks Raises $5.3 Million in New Funding

Occam Networks re-opened its Series A-2 Preferred Stock financing and sold an additional $5.275 million of Series A-2 Preferred Stock to existing investors, including Alta Partners, U.S. Venture Partners, Norwest Ventures, and New Enterprise Associates in a private placement transaction. These investment firms have also agreed to make an additional investment of up to $2.925 million. Separately, Occam announced a value-added reseller (VAR) agreement with Pacific Star Communications of Portland, Oregon. Pacific Star will resell Occam's Broadband...

Comcast Invests in RGB Networks for Video Processing

RGB Networks, a start-up based in San Mateo, California, raised more than $12 million from strategic investors Comcast Interactive Capital (CIC) and venture capital firm Mitsui & Co. Venture Partners (MCVP), and from existing investors Accel Partners and Kleiner Perkins Caufield & Byers. RGB Networks is developing networked video processing solutions that would enable cable operators and telcos to create efficient switched digital video networks to effectively manage, scale and deliver advanced services such as Video On Demand. The company's...

SBC to Report $250 million in Personnel Charges

SBC Communications expects its fourth-quarter 2004 reported earnings will include charges totaling approximately $250 million, or $0.05 per diluted share, related to previously announced work force reductions and changes to its management pension plan. Approximately $150 million of the total are cash charges for severance payments related to the work force reductions. During 2004, SBC had a net reduction in its total work force of more than 6,000 -- with approximately half the reductions occurring in Q4. SBC said in the fourth quarter that expected...

Nokia Trims R&D in Finland, Germany

Nokia's Multimedia Business Group will streamline its global research and development activities. The downsizing is mainly expected to effect employees in Germany and Finland. The number of personnel reductions will be decided after negotiations with employee representatives are finalized. Nokia has previously announced its intention to bring overall R&D expenditures down to 9% - 10% of net sales by the end of 2006. http://www.nokia....

MCI Adds Cable to Access Portfolio

MCI is expanding its Internet Broadband portfolio to include cable access. Leveraging its relationship with New Edge Networks, MCI is making available asymmetric cable service from Charter, Cox Communications and Time Warner Cable. MCI's cable access offers speeds of 768 kbps for the downlink and speeds of 256 kbps and higher for uplinks. MCI backs the service with 24/7 technical service and support as well as consolidated billing. The cable access supplements the DSL, satellite and Wi-Fi access that MCI already supports. http://www.mci.comIn...

Caspian Signs Development Deal with Northrop Grumman

Northrop Grumman awarded a multi-year contract to Caspian Networks for joint development of a critical element of the space communications system payload for the Air Force's Transformational Satellite Communications System (TSAT) Space Segment. The Lockheed Martin/Northrop Grumman team was awarded one of two industry contracts earlier this year to enter the Risk Reduction and System Definition phase of TSAT. Under a co-development agreement, Caspian and Northrop Grumman's Space Technology sector will jointly develop a space-hardened IP router...

Vitria Supplies Order Management Software for Yahoo! BB hikari

Softbank's Yahoo! BB has implemented Vitria as the order management infrastructure for Yahoo! BB hikari, a new broadband service running over fiber access. Specifically, Yahoo! BB will use the Vitria:BusinessWare platform for integrated order management and to centralize business integration processes on a single platform. Vitria's platform will service orders for Yahoo! BB hikari home (residential) and Yahoo! BB hikari mansion (commercial). Financial terms were not disclosed. http://www.vitria....

Nortel Networks Completes its Financial Inquiry

Following an extensive independent review, Nortel Networks filed its audited financial statements for the year 2003. The filings include substantial revenue adjustments due to accounting errors related to revenue recognition. The independent review examined the facts and circumstances leading to the earlier restatement of the company's financial results for 2002, 2001 and 2000 and the first two fiscal quarters of 2003 (which independent review was later extended to cover the balance of 2003). Among the outcomes of the refiling are the following:The...

Uniden Unveils Whole House VoIP Phone System

Uniden America unveiled a 5.8GHz digital expandable corded/cordless phone with built-in VoIP capability. The product is a fully integrated VoIP home phone system that can be expanded to a maximum of ten handsets. Uniden is introducing the phone in partnership with 3 different VoIP providers: Lingo, BroadVoice and SunRocket. Featuring 5.8GHz technology, the product is compatible with Uniden's TCX800, TCX400, TCX440 color screen phone. Key features...

Voiceglo Debuts Click-To-Call Feature

Voiceglo has enhanced its Web- and PC-based applications, GloPhone and GloConnect, with a new Click-To-Call feature that allows users to dial any number they see on a Web site using its browser-based telephone service. The feature turns any phone number listed on a Web site into an active link. http://www.voiceglo.comIn October 2003, Voiceglo added a peer-to-peer voice messaging feature to its proprietary Web- and PC-based service, the GloPhone. The feature is similar to the push-to-talk functionality of cell phones, allowing users to send and...

Lucent to Integrate Alvarion's WiMAX-Ready Platform

Lucent Technologies plans to integrate WiMAX technology, based on the IEEE's 802.16 standard, through Alvarion's BreezeMAX line into its "Accelerate" Next Generation Communications Solutions portfolio, which includes Lucent's IP Multimedia Subsystem (IMS) solution. Specifically, Lucent will team with Alvarion to deliver a converged networking solution to service providers that includes the seamless interoperability of WiMAX, 3G mobile (CDMA2000 and W-CDMA/UMTS), WiFi and wireline networks. Additionally, as part of this initiative, Lucent Worldwide...

Guangdong Telecom Edge Routing Deployment with Juniper

Guangdong Telecom, China's largest broadband service provider, has deployed Juniper Networks' E-series edge routing platform to provide ADSL to over two million broadband subscribers. Financial terms were not disclosed. http://www.juniper....

Cap Rock Telephone Deploys Optical Solutions' GPON

Cap Rock Telephone Cooperative of Spur, Texas, has selected Optical Solutions' FiberPath 500 FTTP system for a 4500-acre greenfield deployment surrounding a popular man-made lake. Cap Rock, so-named for the area's rocky transition from plains to hill country, serves 5,000 access lines across west Texas. FiberPath 500 is capable of delivering IPTV, 100-plus Mbps data speeds and multiple telephone lines. The system is fully compliant with ITU FSAN standards, and is currently operating in more than 120 communities nationwide. Financial terms were...

Chile's Smartcom Deploys Nortel for 3G

Smartcom, a leading wireless operator in Chile and an affiliate of Spain's Grupo Endesa, will deploy CDMA2000 1X technology from Nortel. Smartcom has been operating a CDMA 1X network in Santiago based on Nortel solutions since 2002. Nortel is installing both core and access equipment -- including switching platforms, radio base stations and base station controllers -- to upgrade Smartcom's existing nationwide CDMA2000 network to a CDMA 1X infrastructure. The first phase of the project, focused on the south of Chile, has already been completed....