Wednesday, May 17, 2006

BT Reaches 7.9 million DSL Connections

BT reported revenue of £5,134 million for its fourth fiscal quarter (ending 31-Mar-2006), up 7 percent (5 percent excluding acquisitions). New wave revenue was £1,851 million, up 28 percent, represents 36 percent of total revenue. EBITDA before specific items and leaver costs was £1,498 million, up 1 percent. Revenue for the full fiscal year was £19,514 million, up 6 percent (3 percent excluding the impact of reductions to mobile termination rates and acquisitions). New wave revenue were £6,282 million, up 38 percent, represents 32 percent of...

BT Signs DreamWorks for Broadband TV Service

BT announced a video-on-demand film deal with DreamWorks for its next-generation TV-via-broadband service, BT Vision, which it plans to launch in Autumn 2006.At launch, BT Vision will offer a range of film, music and television programming all available on-demand as well as all the Freeview channels, plus interactive and communications and all available on the TV, with no compulsory subscription.The agreement provides BT Vision with popular current films in the pay-per-view window and, through BT's existing deal with Paramount, an extensive range...

Embarq Completes Spin-off from Sprint

Embarq, the former local communications division of Sprint, completed its spin-off from its parent company and began trading on the New York Stock Exchange (NYSE: EQ) as an independent, public company. Embarq begins trading as a member of the S&P 500. For the year ended December 31, 2005, Embarq had approximately $6.3 billion in revenues, which would rank it among the Fortune 500.Embarq's assets and business consists largely of those that comprised...

With Spin-off Complete, Sprint Focuses on Mobility

Following the spin-off of its local telephone operations (Embarq), Sprint Nextel will focus primarily on building its position in the market for mobile communications products and services. Sprint's progress and plans include: Continue to enhance the "Sprint Power Vision" network by extending the high-speed footprint. By year-end 2006, the network is expected to reach 190 million people. Sprint will implement second-generation technology upgrades later this year, with additional mobility benefits to users planned to begin in 2007. Formed a joint...

Telenor Wins Initial Approval to Launch BGAN Satellite Service in U.S.

Telenor Satellite Services received initial licensing approval to offer Broadband Global Area Network (BGAN) service throughout the United States. Telenor's approval to offer the service throughout the United States follows last month's expansion of the new global voice and broadband data service by satellite operator Inmarsat to cover the Americas. BGAN offers users high-speed IP-based broadband communications plus simultaneous voice (telephony)...

Vitesse Receives Court Subpoena

Vitesse Semiconductor received a grand jury subpoena from the office of the United States Attorney for the Southern District of New York requesting documents from 1999 through the present referring to, relating to, or involving the granting of stock options. Vitesse also announced that it has been notified by the Division of Enforcement of the Securities and Exchange Commission that it is conducting an investigation of Vitesse and that the Division of Enforcement has requested documents from January 1, 1995 through the present relating to the...

Deutsche Telekom launches "Hello Future" Campaign

Deutsche Telekom is launching a "Hello Future" marketing campaign on May 22, 2006 with the goal of jump starting its corporate image in advance of new service rollouts."The aim of the new campaign is to enable Deutsche Telekom to assert its role of pioneer on the market. The company is to be equated with innovative strength, reliability, credibility and continuity. Customers should trust the company, feel secure and genuinely like it," said Antje Hundhausen, Head of Marketing Communication at Deutsche Telekom.http://www.telekom.deEarlier this month,...

Sony Ericsson Debuts Sports WALKMAN Phone

Sony Ericsson introduced its sporty W710 WALKMAN phone, featuring music player capabilities along with a motion sensor designed to measure the user's running speed, distance and time. The unit has a jogging application along with a daily step counter that resets automatically at midnight.The W710 also features a 2 Megapixel camera with digital zoom and includes a 512MB Memory Stick Micro (upgradeable to GB cards).Other highlights include:WALKMAN...

Limelight Delivering "Today" Show Netcast on MSNBC.com

Limelight Networks' content delivery network is being used for the netcast of NBC News' "Today" show. NBC News is now making the first complete hour of each "Today" broadcast available online for free at MSNBC.com.As the primary content delivery network for MSNBC.com, Limelight also powers the delivery of MSNBC.com original programs and live video events. MSNBC.com serves more than 40 million videos to 25 million unique users every month.http://www.limelightnetworks.comhttp://www.msnbc....

BBC Film Network Leverages VeriSign's Kontiki

The newly launched BBC Film Network site is leveraging the Kontiki media delivery system. The service, which is free to the first 10,000 subscribers, allows emerging British filmmakers to showcase their work online and gives viewers up-to-the-minute access to the latest short film releases. The interactive online service was designed by ioko, a specialist in digital and on-demand media.Kontiki, which was recently acquired by VeriSign, combines a P2P distribution mechanism with content tracking and auditing mechanisms.http://www.verisign.comh...

Microsoft to Acquire Whale Communications for SSL VPN

Microsoft agreed to acquire Whale Communications, a developer of secure access products based in New Jersey, for an undisclosed sum.Whale is a pioneer in Windows-based SSL VPN and Web application firewalls that help protect and provide more secure access to high-value business applications. Its products provide remote access, deep content inspection and granular access control.Microsoft said Whale's Intelligent Application Gateway and Application Optimizers will add complementary SSL VPN and comprehensive application-layer filtering capabilities...

AOL Acquires Lightningcast for Broadband Video Advertising

AOL has acquired Lightningcast, a start-up that developed a software-based broadband video advertising platform, for an undisclosed sum.The Lightningcast System is a hosted ad insertion, trafficking, scheduling, auditing, and reporting platform used by major media companies including AOL, Microsoft, Disney/ABC, Scripps Networks, MTV and others.Since 2002, AOL has successfully used Lightningcast's platform, first for audio (AOL Radio) and later for video streaming advertisements (AOL Video) - partnering on such innovative, groundbreaking projects...

Marvell Reports Quarterly Revenue of $521 Million, up 43%

Marvell Technology reported record net revenue for its first quarter of fiscal 2007 of $521.2 million, an increase of 42.9% over net revenue of $364.8 million for the first quarter of fiscal 2006 and a 6.6% sequential increase from net revenue of $489.0 million for the fourth quarter of fiscal 2006. Net income (GAAP) was $75.3 million, or $0.23 per share (diluted), for the first quarter of fiscal 2007, compared with a net income under GAAP of $63.5 million, or $0.20 per share (diluted), for the first quarter of fiscal 2006.Revenue for the first...

Ditech Modifies its Name

Ditech Communications has changed its name to Ditech Networks, a move that the company said would reinforce its position in telecommunication service providers' networks, where its technology optimizes voice quality for both circuit-switched and IP-based communication services. Ditech Networks will continue to trade on the NASDAQ National Market under its current symbol, DITC.http://www.ditechnetworks....