PMC-Sierra Posts Revenue of $71.5 Million, up 8% over Q1

PMC-Sierra reported Q2 net revenues of US$71.5 million, an increase of 8% compared with $66.1 million for Q1 2005, and a decrease of 17% compared with Q2 2004. Net income (GAAP) in Q2 was $7.2 million (non-GAAP diluted earnings per share of $0.04) compared with non-GAAP net income of $3.9 million (non-GAAP diluted earnings per share of $0.02) in Q1 2005. "We experienced solid growth in our telecom metro transport business and the company's storage revenues grew robustly," said Bob Bailey, chairman and CEO. "We are continuing to see strong activity...

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Vonage and VTech Launch 5.8 GHZ Cordless VoIP System

Vonage will begin offering a 5.8 GHz cordless broadband phone system configured with its flat-rate VoIP service at over 8,000 retailers across the U.S. The VTech phone base has integrated routing features that eliminates the need to purchase a separate router to share the broadband connection with other PC. It plugs directly into the broadband connection (or existing router) and come with two handsets and is expandable to up to four. The retail...

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Telecom Italia Rolls out IPTV with Alcatel, Microsoft and Pirelli

Telecom Italia has begun free trials of its new IPTV service in Rome, Milan, Bologna and Palermo, and said it remains on track to launch commercial services in 21 cities across the country this autumn. The commercial service will feature live TV, including Serie A TIM and B TIM Italian football, top Italian basketball, a VOD library of 600 films plus 30 new films per month, reality shows and other special events. Initially, the IPTV service will be delivered over 4 Mbps ADSL connections on Telecom Italia's network.Key technology partners include:Alcatel,...

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SBC's Earnings Dip, 360,000 DSL Adds in Q2

SBC's second-quarter 2005 revenues totaled $10.3 billion, up 1.3 percent versus the year-earlier second quarter and EPS were $0.43 before Cingular merger-related costs and a charge for termination of an agreement with WilTel Communications, which will continue to provide transitional and out-of-market long distance services to SBC under a new agreement following the close of SBC's planned acquisition of AT&T.Some highlights for the quarter:Wireline revenues totaled $9.4 billion, up 1.6 percent from $9.2 billion in the second quarter of 2004....

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Level 3 Reports Decline in DSL/Modem Aggregation, Growth in Core Transport & IP

Level 3 Communications reported Q2 consolidated revenue of $910 million, compared to $1.01 billion for Q1 2005. Communications revenue was $371 million in the second quarter versus $510 million for the previous quarter, which included $129 million in termination revenue. Information services revenue was $520 million compared to $483 million for the previous quarter. The net loss for the second quarter 2005 was $188 million, or $0.27 per share, compared to $77 million or $0.11 per share the previous quarter.Communications services revenue excluding...

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Sirenza Microdevices Offers WiMax Modules

Sirenza Microdevices release the first in its new family of Phase-Locked Loop Synthesizer Modules (PLLs), targeting WiMAX (802.16-2004) infrastructure applications. Sirenza said it is working closely with several WiMAX equipment OEMs to develop custom voltage-controlled oscillators (VCOs) and PLL modules for new WiMAX radio designs that operate in the 2.3GHz, 2.5GHz, 3.5GHz and 5.8GHz bands.http://www.sirenza.c...

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Foundry Reports 14% Sequential Revenue Growth

Foundry Networks reported Q2 revenue of $96.6 million, compared to $84.6 million for the first quarter of 2005, and $97.8 million for the second quarter of 2004. Foundry earned net income of $9.6 million, or $0.07 per diluted share, in the second quarter of 2005, compared to net income of $9.9 million, or $0.07 per diluted share, in the first quarter of 2005, and net income of $15.0 million, or $0.11 per diluted share, in the second quarter of 2004."We are pleased with the sharp rebound achieved in our enterprise business during the second quarter...

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Broadcom Posts Revenue of $604.9 million, up 9.9% over Q1

Broadcom reported Q2 revenue of $604.9 million, an increase of 9.9% from the $550.3 million reported for the first quarter of 2005 and a decrease of 5.7% from the $641.3 million reported for the second quarter of 2004. Net income computed in accordance with U.S. generally accepted accounting principles (GAAP) for the second quarter of 2005 was $15.1 million, or $.04 per share (diluted), compared with GAAP net income of $69.2 million, or $.19 per share (diluted), for the first quarter of 2005, and GAAP net income of $63.8 million, or $.18 per share...

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Nokia Reports Sales Growth of 25% YoY, Expects Mobile Device Market to Reach 760 Million Units this Year

Nokia reported Q2 revenue of Q2 revenue of EUR 8.1 Billion and EPS EUR 0.18, representing overall sales growth of 25% year on year for the quarter.In mobile device volumes, Nokia saw year-on-year growth of 34%, which pushed its market share in mobile devices up to an estimated 33%. Nokia said overall industry volumes were slightly higher than expected, prompting the company to upgrade its full-year market estimate by 20 million to about 760 million units. The growth came primarily from emerging markets where low-end products predominate and pricing...

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China Netcom Selects Redback for IPTV

China Netcom's Heilongjiang Communications division is deploying Redback Networks' SmartEdge 800 Service Gateways in Harbin, the provincial capital. The SmartEdge platform will be used for new broadband services such as IPTV and Video on Demand as well as advanced business services such as Virtual Private Networks over MPLS. Financial terms were not disclosed.Heilongjiang Communications , together with Liaoning, Hebei, Shandong and Inner Mongolia, is now the fifth major China Netcom subsidiary utilizing Redback equipment to build their broadband...

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Sharp Debuts Flash/SCRAM Memory for 3G Phones

Sharp introduced a high-speed combination flash/SCRAM memory device featuring a throughput of 320 MBps, more than three times the transfer rate of its predecessor model. Higher performance memory could be used in 3G phones for advanced features, such as higher-resolution megapixel CCD cameras, full-motion video functions, and other software applications. http://sharp-world.com/corporate/news/050720.h...

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