Monday, May 22, 2006

UTStarcom to Restate 2003-5 Financials

Following an internal investigation into revenue recognition of a contract with a customer in India and a number of certain other transactions, UTStarcom announced plans to restate revenues and earnings for the fiscal years ended 2003 and 2004, and for each fiscal quarter within these fiscal years, and for the first three quarters of 2005. The aggregate impact of the error corrections over the restatement periods have the effect of reducing previously reported revenue by approximately $49.6 million and net income by approximately $11.8 million....

Navio Unveils "Rights-Based" Platform for Web and Mobile Content

Navio, a start-up based in Cupertino, California, released version 2.0 of its "Rights over IP" (RoIP) platform for content distribution.The Navio AV Commerce 2.0 platform enables content owners to publish digital content once, and distribute it direct-to-consumers online, on-the-go through mobile devices, over authorized peer-to-peer networks, or at retail point-of-sale. The new release features a better user interface, expanded storefront types, new content management services, new distribution options such as enhanced PIN support and mobile...

Motorola Supplies 802.16e WiMAX in Pakistan

Motorola has been selected as primary supplier to Wateen Telecom, part of Warid Telecom International, to plan, design and deploy a nationwide wireless broadband voice and data network in Pakistan, with initial deployment to be completed by the second half of 2006. A portion of purchase price will be financed by Motorola. Financial terms were not disclosed.The 802.16e-based MOTOwi4 WiMAX access network and subscriber units will enable Wateen Telecom to offer broadband data services covering residential and corporate voice, Internet access, corporate...

Brightcove and Limelight Networks Team on Internet TV

Brightcove and Limelight Networks announced a strategic partnership to bring advanced services and next-generation business models to the growing Internet TV industry. Highlights of the deal include:Brightcove will use Limelight's massively scalable, high-performance digital media content delivery network to distribute Internet TV content published through Brightcove to audiences worldwide. Using Brightcove, content owners of any size will automatically have access to Limelight's delivery infrastructure -- ensuring a high-quality media experience...

Alcatel / Microsoft Leverage HP Servers for IPTV

Alcatel and Microsoft announced a global relationship with HP focused on the delivery of server solutions for carrier IPTV deployments. This announcement, combined with the existing OEM agreement between HP and Alcatel, solidifies HP as a key member of the joint Alcatel-Microsoft IPTV ecosystem. As a result, HP, Alcatel and Microsoft will work together to deliver these advanced systems to carriers deploying triple play service offerings. The companies will also collaborate on global marketing efforts.http://www.alcatel.comhttp://www.hp....

Alcatel / Microsoft to Harness IBM Servers for IPTV

Alcatel and Microsoft will harness IBM's server systems technology to deliver solutions for carrier IPTV deployments. This announcement, combined with the existing OEM agreement between IBM and Alcatel, solidifies IBM as a key member of the joint Alcatel-Microsoft IPTV ecosystem. The companies will also cooperate on global go-to- market IPTV efforts that will include joint selling and marketing activities.http://www.alcatel.comhttp://www.ibm....

Axerra Networks Opens a New Office in Korea

Axerra Networks has opened a new office in Korea. The new office is the latest development in Axerra's continued expansion in the region and follows the recently-announced opening of a training center in Korea, as well as additional operations in Singapore and India. Axerra has appointed Mr. Kimin Shin as Country Manager. Axerra already has commercial systems installed with Korean operators as well as advanced field trials and new deployments underway. Axerra's AXN Pseudo-Wire Gateways and Access Devices enable mobile operators, Ethernet service...

mPhase and Bell Labs Continue Nano- and MEMS-Based R&D

mPhase Technologies extended its agreements with Bell Labs, the research and development arm of Lucent Technologies, to continue their joint nanotechnology development effort.The deal covers the development of smart nano-structured batteries and a series of ultra-sensitive magnetometers. Prototype components are being produced in the fabrication facility of the New Jersey Nanotechnology Consortium (NJNC), a subsidiary of Lucent based at and run by Bell Labs in Murray Hill, N.J.http://www.mphasetech.comhttp://www.lucent.comIn February 2006, Bell...

Lucent Supplies Juniper's T-Series Routers for UK's JANET Network

UKERNA (the U.K. Education and Research Networking Association) has selected Juniper Networks' T-series routers for its JANET project. Under the five-year framework contract, Lucent Technologies will deploy and maintain the Juniper routers, with points of presence in London, Bristol, Reading, Warrington, Glasgow, and Leeds. At the core of the network will be the Juniper Networks T640 Routing Node.http://www.juniper.nethttp://www.lucent.comThe JANET network connects UK universities, FE Colleges, Research Councils, Specialist Colleges and Adult...

ARRIS Announces EU R&D Project for Euro-DOCSIS 3.0

ARRIS announced the establishment of an European Commission supported Framework for Partnership 6 (FP6) project -- CODMUCA (COre Subsystem for Delivery of Multiband Data in CATV Networks) -- which will research the technology required to accelerate the deployment of very high speed broadband access over European Hybrid Fibre Coax (HFC) networks. Specifically, the CODMUCA research programs will focus on technology needed to bridge the gap between current EUR- DOCSIS 2.0 standards-based systems capable of delivering data at a maximum of 40 Mbps,...

Vonage Raises $531 Million in IPO

Shares of Vonage common stock will begin trading on the New York Stock Exchange under the symbol "VG." The company hopes to raise $531 million through the initial public offering (IPO) of 31,250,000 shares of common stock at $17.The offering was led by Citigroup, Deutsche Bank Securities, and UBS Investment Bank, acting as joint book-running managers, and Bear, Stearns & Co. Inc., Piper Jaffray, and Thomas Weisel Partners LLC, acting as co-managers.http://www.vonage....

FCC Declines to Investigate Consumer Privacy and NSA Program

FCC Chairman Kevin Martin has declined a request to open an investigation into reports of the disclosure by the nation's largest telecommunications carriers, AT&T, Verizon, and BellSouth, of private consumer information from millions of Americans to the National Security Agency (NSA).The request to open an investigation was made by Edward J. Markey (D-MA), Ranking Democrat on the House Subcommittee on Telecommunications and the Internet. In his response to Rep. Markey, FCC Chairman Martin states: "The representations of Director Negroponte...

Microsoft Shows Cordless Handsets for Windows Live Services

At the Microsoft Windows Hardware Engineering Conference (WinHEC) 2006, Bill Gates described how Microsoft is working with hardware partners and retailers to create new platforms and markets for communications devices based on Windows Live services.A "dual-mode" cordless telephone is a home phone that plugs into both a PC and a traditional telephone land line, enabling users to place calls through a traditional landline service or through the Internet. The Internet link from the phone can give users access to Web services, as well as competitive...