Aware Announces Adoption of its StratiPHY-Bonded ADSL2+ Technology

Aware announced that both Comtrend and Netopia have selected Analog Devices' "Fusiv" network processor and new ADSL2+ bonding reference platform, which are based upon Aware's intellectual property, for their next-generation residential gateways. Loop bonding technology provides the means for combining multiple ADSL2+ connections together into a single, aggregated connection, even if they have different capacities. StratiPHY- Bonded is a complete instantiation of the ITU-T G.998.1 (G.bond-ATM) bonding standard which consists of bonding logic and...

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AT&T Reports Q2 Revenue of $6.8 billion, Continued Pricing Pressures

AT&T reported net income of $307 million, or earnings per diluted share of $0.38. Revenue was $6.8 billion, which included $5.2 billion from AT&T Business and $1.6 billion from AT&T Consumer. Consolidated revenue declined 11.5 percent versus the second quarter of 2004, primarily due to continued declines in long distance (LD) voice and data revenue.Some highlights for AT&T Business:Revenue was $5.2 billion, a decline of 8.1 percent from the prior-year second quarter, primarily driven by ongoing pricing pressure in traditional voice...

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Cingular Wireless Adds 1.1 Million Users

Cingular Wireless, posted strong Q2 results driven by continued subscriber growth, improvement in margins and postpaid churn, and strength in data and enterprise services. Some highlights of Q2:net subscriber additions were 1.1 million, nearly all of which were postpaid. Second-quarter postpaid net additions were comparable to the number delivered in the first quarter of 2005, and represent the third straight quarter of more than 1 million postpaid net additions.Gross additions were 4.4 million. Postpaid churn improved sequentially to 1.8 percent...

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Alcatel and Novatel Wireless Partner on HSDPA

Alcatel and Novatel Wireless have completed interoperability tests between Alcatel Evolium radio access infrastructure and the Novatel Wireless' Merlin U740 Wireless PC Card Modem, paving the way for mobile operators to undertake live HSDPA (High-Speed Downlink Packet Access) field introductions. Alcatel has already completed HSDPA interoperability tests between its Evolium radio access infrastructure and QUALCOMM's Mobile Station Modem chipset. This chipset was integrated by Novatel Wireless to expand its portfolio of multi-standard Merlin Wireless...

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Tut Raises $14.9 Million in Private Placement Financing

Tut Systems announced agreements with institutional investors for a $14.9 million private sale of common stock and warrants to purchase common stock. Under the deal, Tut Systems will issue an aggregate of 5,535,000 shares of common stock at a per share price of $2.70, and warrants to purchase an additional 2,767,500 shares of common stock. The company expects to close the transaction on or prior to July 22, 2005. "This funding provides us with the capital to expand our leadership position in our core IPTV markets, and to pursue top tier carrier...

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Verizon Secures its First Video Franchise in Virginia

The Town Council in Herndon, Virginia, voted to approve a video franchise for Verizon's forthcoming Fios TV service delivered over its FTTP network. This marks the first local video franchise for Verizon in the state of Virginia. In addition to Herndon, Verizon has obtained video franchises in California, Florida and Texas. http://www.verizon....

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RedSky Secures Funding for E911 Management

RedSky Technologies, a provider of automated E-911 software solutions for enterprise and government customers, secured its first round of venture capital financing from two major Midwest-based venture capital firms, CID Equity Partners and Dunrath Capital. Financial terms were not disclosed.RedSky said it will use the investment to accelerate its expansion into the VoIP market, where it will provide location services to enterprises using IP telephony for their corporate telecommunications as well as IP service providers looking to offer E-911...

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QUALCOMM Reports Revenue of $1.36 Billion, Increases Guidance

QUALCOMM reported quarterly revenue of $1.36 billion, up 1% year-over-year and down 1% sequentially. Net income was $560 million, up 15% year-over-year and 5% sequentially."We are pleased to increase our fiscal year earnings projections, primarily as a result of greater shipments of higher priced WCDMA handsets reflected in our June results. Volume shipments of WCDMA and 1xEV-DO MSMs have increased substantially year-over-year and sequentially, and we look forward to further increases in the quarters ahead. We are projecting continued acceleration...

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Bert Whyte Steps Down as CEO of net.com

Network Equipment Technologies announced the resignation of its CEO, Hubert "Bert" Whyte, who has served in the role for the past six years.C. Nicholas Keating, Jr. has been appointed CEO on an interim basis, until the company's Board of Directors completes its search for a new Chief Executive. Keating has been a director of Network Equipment Technologies since 2001. He was a vice president and corporate officer of the company from 1987 to 1993, and has served as a corporate director and CEO at a number of other technology companies. http://...

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BenQ Integrates Networked Media Player into LCD TVs

BenQ, one of the top manufacturers of LCD displays, introduced a line of high-definition LCD televisions with built-in network media player capabilities. The BenQ Network LCD TV product line includes 11 different models ranging in size from 14 to 46 inches and will have on-board Ethernet ports with optional wireless (802.11 a/b/g) connectivity. Adding networking capabilities to TVs allows consumers to access music, photo, and video files stored...

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Occam Adds Three New Iowa IOCs to Customer List

Occam Networks announced three new independent operating companies (IOCs) customers in Iowa: Long Lines, Partner Communications Cooperative and Western Iowa Telephone. All three IOCs are deploying new access networks that use a softswitch architecture.Gilman, Iowa-based Partner Communications Cooperative worked with Goldfield Telecom, an IP equipment supplier based in Iowa, to select and install the Occam BLC 6000 System. Partner has plans to deploy the BLC in two COs and in four remotes. Partner has completed the first phase turning up the BLC...

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Terabeam to Acquire Proxim Assets

Terabeam Wireless agreed to acquire the assets of Proxim Corporation for approximately $28 million.Terabeam and Proxim entered into the asset purchase agreement after Proxim declared Terabeam the high bidder in the court-approved auction held in connection with Proxim's Chapter 11 Bankruptcy Filing. The agreement between Terabeam and Proxim is expected to supersede Proxim's earlier arrangements to sell substantially all of its assets to Moseley Associates. The transaction is subject to final approval by the US Bankruptcy Court.Terabeam Wireless...

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Westell Posts Revenue of $75.6 million, up 35% YoY

Westell Technologies reported quarterly revenue of $75.6 million, up 35% from $56.2 million over the same period last year. Net income was $4.1 million, or $0.06 per diluted share, which includes income tax expense of $2.7 million, or $0.04 per diluted share.Breaking down revenues by product line for this quarter compared to last year showed Customer Networking Equipment revenue increased 67% to $53.0 million from $31.8 million; Conferencing Services revenue increased 6% to $11.9 million from $11.3 million; Network Service Access equipment revenue...

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Redback Reports Q2 Revenue of $34.6 million

Redback Networks reported Q2 revenue of $34.6 million, an increase of approximately one percent from the first quarter of 2005. Net revenue was up $2.2 million, or seven percent, over the second quarter of 2004. GAAP net loss for Q2 was $7.2 million or $ (0.13) per share attributable to common stockholders compared to a GAAP net loss of $10.7 million or $ (0.20) per share in the second quarter of 2004. http://www.redback....

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Microsoft to Acquire FrontBridge for Secure Messaging

Microsoft agreed to acquire FrontBridge Technologies, a provider of managed corporate e-mail security and compliance services, for an undisclosed sum.FrontBridge's services include a fully managed e-mail and instant message archiving, retrieval and reporting service; secure messaging infrastructure using multilayered filtering technologies and encryption; and guaranteed message continuity in the event of a disaster. FrontBridge services are delivered globally via eight, load-balanced, fully redundant datacenters. Microsoft said the acquisition...

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Internet2 Selects Glimmerglass Intelligent Optical Switches

Internet2 has selected Glimmerglass' Intelligent Optical Switches for deployment in five national network nodes located in Seattle, Washington D.C., New York, Chicago, and Los Angeles, as part of the Hybrid Optical and Packet Infrastructure (HOPI) project.The Glimmerglass switches will be used in this national-scale testbed to dynamically provision high-bandwidth optical data circuits between network interfaces. The HOPI project is developing and testing a network that will perform this process on demand as opposed to traditional provisioning intervals...

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Marvell Introduces 90 nm WLAN Single Chip Solution

Marvell introduced an ultra-low-power 90 nm Wireless LAN single chip solution. Targeted at a wide variety of consumer devices, including 3G+ and broadband handsets, it integrates an ARM compliant CPU, high speed serial host interfaces including SDIO and SPI to ensure interoperability with a variety of host systems, and advanced 802.11 a/b/g RF transceiver with full cellular coexistence.Marvell said its new 88W8686 device, which represents its third generation technology, raises the bar on WLAN performance by drawing less than 400 Mw on a total...

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