Sprint Nextel Adds 1.3 Million Mobile Subscribers

Citing strong demand for its communications services, Sprint Nextel reported consolidated revenue of $11.5 billion, an increase of 66 percent compared to the year-ago period. Operating income was $863 million versus $1.04 billion in the first quarter of 2005.For the quarter, diluted earnings per share were 14 cents, compared to 31 cents per share for the first quarter of 2005. The year-ago results do not include the Nextel operations. "In the first quarter, we continued to advance on our operating and strategic goals and integrate the affiliates...

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NEC to Combine its U.S. Operations in IT and Network Solutions

NEC USA, NEC America, and NEC Solutions (America) will combine into one new company dedicated to the IT and network solutions business. Effective July 1, the new company, with more than $1 billion in revenue, will be named NEC Corporation of America and have headquarters in Irving, Texas.NEC Corporation of America will offer customers access to a rich portfolio of technology and professional services ranging from server and storage solutions, digital presentation and visual display systems to biometric security, optical network, radio communications...

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AT&T to Offer Vongo Movie Downloads as Differentiated Service

AT&T reached an agreement with Starz Entertainment Group to offer the "Vongo" Internet movie-delivery service to its DSL customers. The deal marks the first such broadband distribution agreement for Vongo and also serves as an example of a differentiated broadband media service supported by AT&T.The companies will feature a co-branded AT&T and Vongo Web site and special promotions.Vongo, unveiled earlier this year, delivers movies and other video content over the Internet for playback on Windows-based PCs, laptops and select portable...

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Metro Ethernet Forum Announces Service Provider Certifications

The Metro Ethernet Forum awarded certifications to seven service providers complying with its global Carrier Ethernet Service definitions. The companies receiving certification in this first round were: AT&T, Bell South, Cable Vision Lightpath (the first cable operator to apply), Met-Net, ntl:Telewest Business (the first European service provider to apply), Qwest and Verizon.Iometrix was the company responsible for the conformance testing. The testing involves three key stages. In the initial negotiation stage the service provider needs to...

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Equinix Adds 61 New Customers, Raises Guidance

Equinix posted Q1 revenue of $64.9 million, a 5% increase over the previous quarter and a 33% increase over the same quarter last year. The company signed 61 new customers including McGraw-Hill, Trip Advisor and YouTube. The company raised its annual revenue guidance to $280.0 to $286.0 million and EBITDA guidance to $100.0 to $105.0 million.Some other highlights:Over 50 percent of Equinix's new bookings in the quarter came from existing customers including Akamai Technologies, Cisco Systems, IBM, Salesforce.com and Sony Computer Entertainment.Based...

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NET Partners with DTECH LABS for Government VoIP Solutions

Network Equipment Technologies and DTECH LABS, a provider of secure, mobile communications products, have expanded their partnership to provide for the deployment of NET's VX Series Universal Voice Exchange on a new hardware platform developed by DTECH LABS. DTECH's WHISPER400 is a mobile Secure VoIP Interface in a small package targeted at the tactical and first-responder market segments. The WHISPER400 Secure VoIP Interface was designed to meet the growing demand for mobile STU, STE and SCIP (FNBDT) calling over emerging BGAN and VSAT IP-based...

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Redback Reports Revenue of $57.9 Million

Redback Networks reported Q1 revenue of $57.9 million, an increase of 21 percent from the fourth quarter of 2005. Net revenue was up $23.6 million, or 69 percent, over the first quarter of 2005. GAAP net loss for the first quarter of 2006 was $(2.6) million or $(0.05) per share attributable to common stockholders compared to a GAAP net loss of $(7.1) million or $ (0.13) per share in the first quarter of 2005.http://www.redback....

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Amdocs Reports 23% Growth in Revenue

Amdocs reported quarterly revenue of $601.1 million, an increase of 23.1% from the same period last year. Excluding acquisition-related costs and equity-based compensation expense, net of related tax effects, of $13.7 million, net income was $95.5 million, or $0.44 per diluted share.Amdocs said demand for its products and services continues to be driven by service providers' need to address competition, consolidation and convergence. Amdocs' new business included eleven new key wins. In addition to Sprint Nextel, these wins include a large project...

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Tellabs Q1 Revenue Grows 18% to $515 Million

Tellabs reported Q1 revenue of $515 million, up 18% from $436 million in the first quarter of 2005. On a GAAP basis, Tellabs earned $52 million or 11 cents per share compared with $1 million or less than one cent per share in the first quarter of 2005.Broadband - Revenue from the broadband segment totaled $260 million, up 14% from $228 million in the first quarter of 2005. Within the broadband segment, access product revenue totaled $164 million, up 28% from $128 million in the first quarter of 2005; managed access product revenue totaled $74 million,...

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MRV Reports 25% YoY Growth, Strong Transceiver Sales for Verizon FTTP

MRV Communications reported $77.3 million, an increase of 25% over revenues of $62.0 million for the first quarter of 2005. GAAP net loss for the first quarter of 2006 was $3.7 million, or $0.03 per share, a reduction of 43% when compared to a GAAP net loss of $6.4 million, or $0.06 per share, for the first quarter of 2005.MRV's optical component business unit, LuminentOIC, posted 43%sequential revenue growth and continued to improve gross margin to 21%. Demand was primarily driven by sales of its ONT Triplexer Transceiver, which is being used...

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Time Warner Telecom Supports SIP Network Serving 14,000 University Telephones

Time Warner Telecom is supplying a managed voice and data network to Boise State University that encompasses over 14,000 telephone numbers and 4,000 handsets. Time Warner Telecom's 20 Mbps capable SIP trunk service replaces existing T1s. Time Warner Telecom's metro Ethernet Native LAN uses Cisco equipment and has been designated a Cisco Powered Network service.http://www.twtelecom....

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NETGEAR Posts 17% Growth, Notes Component Shortage

NETGEAR reported Q1 revenue of $127.3 million, a 16.8% increase as compared to $109.0 million for the first quarter ended April 3, 2005, and an increase of 4.5% as compared to $121.8 million in the fourth quarter of 2005. Net income (GAAP) was $9.9 million or $0.29 per diluted share. This net income was a 25.3% increase compared to net income of $7.9 million for the first quarter of 2005 or $0.24 per diluted share, and $8.9 million or $0.26 per diluted share in the fourth quarter of 2005.Non-GAAP gross margin in the first quarter of 2006 was 35.1%,...

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ARRIS Reports Preliminary Results

ARRIS reported preliminary results for Q1, including net revenue of $208.3 million, up 53% as compared to $135.9 million in the first quarter 2005 and up 15% as compared to $181.3 million in the fourth quarter of 2005. Net income per diluted share for the first quarter 2006 was $0.19, up 375% as compared to $0.04 in the first quarter 2005 and down 5% as compared to $0.20 in the fourth quarter of 2005. Gross margins were 27.1%, equal to the first quarter 2005 and down from 31.9% in the fourth quarter 2005 primarily due to changes in product mix...

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MLB.com Chooses Anystream for Webcasting

MLB.com will use Anystream's Agility software to webcast 2,430 Major League Baseball games to a variety of consumer devices, including mobile phones. Anystream Agility is an automated, mission-critical solution that tightly integrates with MLB.com's other production systems to autonomously extract video and make it playout-ready for virtually any platform and consumer device.http://www.anystream....

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Sun Supplies Servers & Storage for Fox, HBO

Fox Television Stations is deploying Sun Microsystems' Solaris 10 operating system (OS), servers, storage, and service to power its new centralized sales, traffic and programming management system. The project, including integration with neighboring systems and the gradual rollout across all Fox Television stations is planned to take less than three years.Separately, Home Box Office (HBO) has evolved its digital broadcast architecture exclusively using Sun Microsystems's workflow and storage technologies. HBO has standardized on Sun technology...

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Seagate Releases 750GB Perpendicular HDD

Seagate Technology released the first desktop hard drive to hit the 750GB capacity mark. The monster drive is part of the new Barracuda 7200.10 family built on perpendicular recording technology, which stands data bits vertically onto the disc media, rather than horizontal to the surface as with traditional longitudinal recording.Barracuda 7200.10 also features cache sizes from 8MB to 16MB and 1.5 Gb/s and 3.0Gb/s Serial ATA (SATA) data transfer rates with Native Command Queuing. NCQ enhances reliability in heavy workloads by reducing head movement...

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