Finisar Acquires Big Bear for 40 Gbps Transponders

Finisar Corporation acquired all of the optical transponder assets of Big Bear Networks for $1.9 million in cash. The assets purchased include equipment, inventory and intellectual property associated with Big Bear's 10Gigabit Ethernet Xenpak and X2 transponders and their industry leading 40Gigabit transponder that has already been qualified by a number of telecom equipment companies.Big Bear Networks realized approximately $4.0 million in revenues for transponder sales during calendar 2005 through October 31, most of which was for 40 Gbps products....

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Level 3 Sells IT Outsourcing Unit to Infocrossing

Level 3 Communications completed the sale of its IT infrastructure management outsourcing subsidiary, (i)Structure, to Infocrossing for approximately $84.8 million.(I) Structure, headquartered in Broomfield, CO, provides computing operations and managed infrastructure services to enterprise clients from data centers located in the central and western United States. http://www.level3.com http://www.infocrossing.com/istruct...

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Verizon Wireless to Offer MediaFLO's Mobile Real-time TV Services

Verizon Wireless will be the first U.S. wireless service provider to offer MediaFLO realtime TV services when the network is commercially available. Verizon is with QUALCOMM and its subsidiary MediaFLO USA Inc. to launch mobile TV services over the MediaFLO network in approximately half of the markets already covered by Verizon Wireless' CDMA2000 1xEV-DO-based broadband network.FLO technology is a new air interface originally developed by Qualcomm with multicasting capabilities designed to increase capacity and reduce content delivery costs to...

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India's BSNL Selects UTStarcom's IP DSLAM

India's Bharat Sanchar Nigam Ltd. (BSNL) selected UTStarcom to deploy 90,000 lines of its AN-2000 IP-based DSLAM in the operator's growing nationwide broadband network. BSNL is the incumbent and largest telecommunications services provider in India, with a presence in the fixed-line, cellular mobile, long distance and data markets.brThis contract represents an expansion on a previously announced deployment of its AN-2000 IP DSLAM and related equipment for the second phase of BSNL's National Internet Backbone project. Financial terms were not disclosed....

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BellSouth Reorganizes into Retail and Business Units

BellSouth announced a new operational structure aligned around two customer units: Retail Markets and Business Markets.Retail Markets, which will focus on BellSouth's residential and small business customers, will be headed by David Scobey. Reporting to Scobey will be William Pate, Chief Marketing Officer-Retail Markets, and Paulino Barros, Chief Product Officer-Retail Markets.Business Markets will provide support for enterprise and wholesale customers and will be led by Dick Anderson, vice chairman and president, Business Markets. Reporting to...

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ViaSat Acquires Efficient Channel Coding

ViaSat acquired privately- held Efficient Channel Coding Inc. (ECC), a producer of broadband communication integrated circuits and satellite communication systems. Terms of the deal include initial consideration of approximately $16.5 million and the assumption of certain stock options as well as $9.0 million of additional consideration to be paid in cash and/or stock based on ECC meeting certain financial performance targets over the next two years.ViaSat said the deal enhances its position in the new S2 version of the DVB-RCS satellite broadband...

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NTT America Consolidates Global IP and Enterprise Services

NTT America, a wholly-owned U.S. subsidiary of NTT Communications Corporation, announced the launch of its Global IP Network business and Enterprise Hosting business in addition to the private network services already offered under the Arcstar brand. Both the Global IP Network and Enterprise Hosting businesses were previously operated at Verio, another NTT Communications subsidiary, which was acquired in September 2000.By combining the offerings under one roof, NTT America will be in a position to provide integrated data networking, IP, and hosting...

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AT&T Resumes Trading Under "T" Symbol

The new AT&T resumed trading under its legendary "T" symbol on the New York Stock Exchange. The company said its decision to adopt the "T" ticker symbol reflects both the rich heritage of the combined enterprise as well as its commitment to lead the next major shift in communications technology -- the transformation to integrated solutions based on Internet Protocol. The "T" symbol was used by AT&T Corp. before its acquisition by SBC Communications Inc. AT&T Corp. was a member of the Dow 30 until April 2004. The "T" ticker symbol...

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Pactolus Appoints VPs of Engineering and Advanced Technology

Pactolus Communications Software, a developer of Class 4/5 SIP-based IP voice services, named Steve Weeks as Vice President of Engineering and Jeff Gibson as Vice President of Advanced Technology Development.Weeks was most recently VP of Engineering for Brontes Technology and also served as Vice President of Research and Development for NBX Corporation, which developed a packet-switched PBX.http://www.pactolus....

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Paragon Wireless Raises $7 Million for VoWLAN

Paragon Wireless, a start-up based in Dallas, Texas and Beijing, China, raised $7 million in Series B funding for its VoWLAN solution. Paragon designs and develops standards-compliant VoWLAN equipment including handsets and access points. ParaPhone is a smart phone with IEEE 802.11 and SIP-based VoIP engine. It provides end customers real multimedia experience, such as VoIP, E-mail, web surfing, MP3, high-quality photo, and video streaming in home, office, and hot spot/zone. ParaPhone Twins combines VoWLAN and GSM/GPRS into a single handset. It...

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Cox Boosts Cable Modem Speeds to 9 Mbps downstream, 1 Mbps upstream

Cox Communications has increased the speed of its fastest Cox High Speed Internet package at no additional charge for customers in Cleveland, OH, Kansas, Oklahoma City and Tulsa, OK, as well as Orange County and San Diego, California. Cox High Speed Internet customers that subscribe to the Premier package in these markets now get speeds up to 9 Mbps downstream and up to 1 Mbps upstream, a download speed up to 80% faster than before the upgrade.Earlier this year, Cox also increased data speeds in its Arizona, Connecticut, Florida, Georgia, Nebraska,...

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Agilent's Semiconductor Group Begins Operations as Avago

Agilent Technologies completed the divestiture of its Semiconductor Products business to Kohlberg Kravis Roberts & Co. (KKR) and Silver Lake Partners for $2.66 billion.The new company will operate under the name Avago Technologies.Avago Technologies has a portfolio of more than 5,500 products, which are sold into a broad set of applications and end markets, including wireless and wired communications, industrial, automotive, consumer electronics...

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