Sunday, May 7, 2006

Toronto Hydro Telecom Selects Siemens for Mesh Wi-Fi

Siemens will supply a mesh Wi-Fi network for Toronto Hydro Telecom, which plans to build the largest ubiquitous Wi-Fi zone in Canada. Negotiations relating to the terms and conditions of equipment supply, implementation and services are ongoing and have not yet been finalized. It is anticipated that the deployment covering ten square kilometers will be fully deployed in downtown Toronto by year-end 2006.Siemens' "Wireless Integration@vantage" wireless integration platform uses software from Garderos Software Innovations, a wholly-owned Siemens...

Lucent and Movaz Extend Metro DWDM Partnership

Lucent Technologies and Movaz Networks have expanded an an existing agreement under which the two companies are delivering metro DWDM networks to service providers worldwide. The partnership brings together Lucent's Metropolis Wavelength Services Manager (WSM) and Movaz' RAYexpress optical platform. Under the expanded agreement, Lucent will manage elements of Movaz's supply chain operations, including key component purchases, product manufacturing, and customer delivery requirements.Under the auspices of this relationship, Lucent introduced its...

UNH-IOL Offers VDSL2 Testing with Spirent

The University of New Hampshire InterOperability Laboratory (UNH-IOL) is expanding its DSL capabilities by offering VDSL2 testing. UNH-IOL is using Spirent Communications' DLS V2A Integrated System, a physical-layer test setup including lab-grade wireline simulation and noise generation for testing VDSL2 technology. Spirent's test system addresses the growing demand for testing variants of DSL that can support high-bandwidth multimedia applications with integrated voice, data and video streams.The UNH-IOL DSL Consortium will use the Spirent test...

Redback Proposes Public Offering of Common Stock

Redback Networks intends to offer 3,500,000 shares of its common stock in a public offering. Certain of Redback Networks' stockholders also intend to offer an additional 4,698,000 shares of common stock in the offering. A shelf registration statement relating to the shares of common stock being offered became effective upon filing today with the Securities and Exchange Commission.Redback Networks and the selling stockholders expect to grant the underwriters in the offering an option to purchase, at the public offering price, up to 1,229,700 additional...

Crown Castle to Acquire Mountain Union for Cell Towers

Crown Castle, which owns, operates and manages over 11,000 cell phone towers and wireless communications sites in the U.S. and Australia, agreed to acquire privately-held Mountain Union Telecom for approximately $309 million in cash (reduced by outstanding indebtedness). Mountain Union's assets at closing are expected to include 468 completed sites as well as 79 towers in various stages of development.Crown Castle currently provides coverage to 76 of the top 100 U.S. markets and to substantially all of the Australian population.Mountain Union's...

Vonage Offers IPO Shares to U.S. Customers

Vonage is offering a Directed Share Program as part of its proposed initial public offering (IPO) of common stock/ The program will enable eligible customers to purchase shares at the IPO price.To be eligible to purchase common stock at the IPO price in the Vonage IPO, customers must meet strict eligibility criteria. Vonage customers may be eligible to participate if they meet all of the following criteria:they opened accounts with Vonage America on or prior to December 15, 2005, andmaintained their accounts in good standing through February 1,...

Verizon Invests in Online Game Provider

Verizon has made an equity investment in Super Computer International (SCI), a provider of gaming client applications, on-game display technologies, backend infrastructure and support for high speed online multiplayer video gaming. Financial terms were not disclosed.Verizon said it is workin with SCI on the the deployment of a next-generation, online game browsing and messaging platform called PlayLinc that will give gamers more control over their multiplayer gaming interactions, a richer set of social networking tools and a wider variety of gaming...

PCCW Global Extends MPLS in Brazil, Mexico

PCCW Global, a U.S. based subsidiary of the incumbent operator in Hong Kong, has leveraged partnerships with Embratel, Bestel, and IFX to expand its MPLS-based VPN service into Brazil and Mexico. In addition, PCCW Global has also announced expanded coverage to several new markets in the Middle East, most recently with TE Data of Egypt.The PCCW Global network now covers 70 countries and over 700 cities worldwide.http://www.pccwglobal....

Sea Launch Selected for EchoStar XI Launch in 2007

EchoStar Communications selected Sea Launch for the launch of its EchoStar XI Direct Broadcast Satellite (DBS) in 2007. This will be Sea Launch's third mission with an EchoStar spacecraft, having launched EchoStar IX in August 2003 and EchoStar X in February 2006.EchoStar XI's Ku-band payload will provide additional capacity and capabilities for EchoStar's DISH Network.http://www.sea-launch....

AT&T Outlines Satellite, Fixed Wireless and WiMAX Plans

AT&T Chairman and CEO Edward E. Whitacre outlined plans to expand broadband availability beyond its wireline infrastructure throughout its traditional 13-state local service territory. The initiatives include three components:SatelliteIn partnership with WildBlue, AT&T will begin offering a satellite-based broadband service later this month in select rural markets which are not served by landline broadband services. Rural satellite broadband...

AudioCodes Posts Q1 Revenue of $31 Million

AudioCodes reported Q1 revenue of $31.3 million compared to $30.6 million for the quarter ended December 31, 2005 and $26.9 million for the quarter ended March 31, 2005. First quarter revenues grew 2.3% sequentially and increased 16.4% compared to the first quarter of 2005. Net income (GAAP) was $2.3 million, or $0.05 per diluted share. "In the first quarter of 2006, we experienced increased demand for AudioCodes' media gateways and media servers that resulted in record revenues and our eighteenth consecutive quarter of top line growth. We secured...

Sonus Reports Q1 Revenue of $60 Million

Sonus Networks reported Q1 revenues (ending 31-Mar-06) of $60 million, compared with $57.2 million in the fourth quarter of fiscal 2005 and $33.6 million for the first quarter of fiscal 2005. Net income on a GAAP basis for the first quarter of 2006 was $5.7 million or $0.02 per share. "Q1 was another solid quarter for Sonus. We reported record quarterly revenues and healthy cash flow from operations, while making strides toward achieving our long-term financial model," said Hassan Ahmed, chairman and CEO, Sonus Networks. Sonus also noted that...

Ditech Raises Financial Outlook

Ditech Communications raised its financial guidance, saying it now expects revenue for the fourth quarter of its fiscal 2006 ending April 30, 2006 to be approximately $20 million, up 43% from the third quarter fiscal 2006 revenues of $14 million.The company expects gross margins will be in the range of 70-71% with operating expenses in the range of $11.6 million - $11.9 million. As a result, diluted earnings per share are expected to be in the range of $0.06 - $0.07."Our fourth quarter results were outstanding and reflected progress in all areas...

TI Updates Gateway Software

Texas Instruments announced substantial updates to its gateway software solution, the Network Support Package (NSP). The latest version (3.7.1 ) of this network stack includes improved system performance and throughput, enhanced Quality of Service (QoS) and policy routing, enhanced "Telogy Software" for Voice over DSL applications and improved remote management, including support for DSL Forum TR-069. The software is ideally suited for TI's AR7...