China's Jilin Mobile Comm. Selects Alcatel for NGN

China's Jilin Mobile Communications Company (Jilin MCC) awarded a EUR 50 million contract to Alcatel to deploy a Mobile NGN solution.Alcatel will deliver its distributed mobile-switching solution based on the Alcatel 5020 Spatial Atrium Softswitch, a multi-standard mobile callserver controlling distributed media gateways. Jilin Mobile is also expanding its current Alcatel-powered GSM/GPRSmobile network by deploying the Alcatel Evolium multi-standard end-to-end network infrastructure solution. With previousGSM expansion already provided to the...

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Avici Reports Sudden Jump in Revenue and Profitability

Avici Systems, a supplier of core networking platforms, reported that gross revenue for the three and six-months ended June 30, 2006 was $25.3 million and $46.7 million, respectively, compared to $11.6 million and $22.4 million, respectively, for the three and six-month periods ended June 30, 2005. Shares in the company closed up 45% on Thursday, making the company's stock the biggest gainer on Nasdaq for the day.GAAP net income for the six-months ended June 30, 2006 was $2.6 million, or $0.19 per share, compared to a GAAP net loss of $8.3 million,...

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Motorola and Yahoo! Expand Global Alliance

Motorola agreed to distribute Yahoo! Go for Mobile on tens of millions of new Motorola mobile devices. The Yahoo! Go for Mobile suite enables Yahoo! Mail, Yahoo! Search, Yahoo! Address Book and Yahoo! Local on the mobile device.As part of the agreement, Motorola will pre-load and prominently feature Yahoo! Go for Mobile on optimized handsets worldwide starting in the first half of 2007, giving consumers quick and easy access to their Internet content and services. The devices will be available to consumers in a number of markets across the Americas,...

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PMC-Sierra Reports Q2 Revenue of $118.8 Million

PMC-Sierra reported Q2 revenue of $118.8 million, an increase of 35% compared with $87.8 million in the first quarter of 2006 and 66% higher than in the second quarter of 2005. Net revenues in the second quarter of 2006 included: (i) $8.8 million in revenue from the previously announced acquisition of Passave Inc., which closed on May 4, 2006; and (ii) a full three months of revenue from the acquisition of the Avago storage semiconductor business compared with only one month of revenue from this acquisition in the first quarter of 2006.Net income...

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Gizmo Project Offers "All Calls Free" to 60 Countries

SIPphone, developers of the free Gizmo Project Internet calling software, launched an "All Calls Free" program giving its users unlimited free calling to landlines and mobile phones of other active Gizmo Project users in 60 countries around the world. People who wish to participate need to download Gizmo Project softphone clients, sign up for a free account and add their friends, family and business contacts to their Gizmo Project Contact list. Callers can then call their Contacts on their mobile phones, landlines or Gizmo Project for free. There...

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Siemens' SURPASS Softswitch Supports Cablevision's One Million Customers

Cablevision Systems is using Siemens' SURPASS Softswitch for its Optimum Voice service. Earlier this week, Cablevision announced that it has passed the one million customer milestone for the cable VoIP service.Siemens' SURPASS platform supports multiple network configurations and has the capacity to support up to 150,000 subscribers in a single softswitch.In July 2006, Siemens reached the 5 million mark for licenses sold for its SURPASS softswitch, which has been deployed by other U.S. service providers, as well as by service providers across...

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Covad Selects Samsung for ADSL 2+ Network Buildout

Covad Communications announced progress in its plans to deploy the largest ADSL 2+ network in the U.S. by the end of 2006. This phase of the build-out covers Atlanta, Chicago, Los Angeles, New York, Miami, Philadelphia, San Diego and Washington, DC, joining San Francisco, San Jose, Seattle and Dallas, where Covad's next generation network is already in service. By the end of 2006, Covad will offer line powered voice access, and have the capability to offer higher-speed broadband access, such as ADSL 2+ and G.SHDSL, and new business-class services...

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Zhone Posts Q2 Revenue of $54.2 Million

Zhone Technologies posted Q2 revenue of $54.2 million compared with $52.7 million for the first quarter of 2006 and $30.4 million for the second quarter of 2005. Net loss for the second quarter of 2006 (GAAP) was $13.1 million or $0.09 per share compared with a net loss of $3.9 million or $0.03 per share for the first quarter of 2006, and a net loss of $3.4 million or $0.04 per share for the second quarter of 2005."Despite the sequential quarterly growth of our SLMS and optical businesses and increase in our cash balances, the second quarter was...

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Nokia Ships 78.4 million Mobile Devices in Q2, up 4% sequentially

Nokia shipped 78.4 million mobile devices in Q2, up 4% sequentially and up 29% year on year out of an estimated industry-wide global market of 230 million units. Nokia's estimated device market share for Q2 was 34%, down from 35% in Q1 2006 and up from 33% in Q2 2005. The average selling price per device was EUR 102, down from EUR 103 in Q1 2006. "During the second quarter Nokia made two significant strategic announcements. We stated our intention to restructure our CDMA business, following the decision not to proceed with the proposed CDMA company...

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AT&T Signs Content Deals with MTV Networks and BET Networks

AT&T signed distribution agreements with MTV Networks and BET Networks covering linear, high-definition, on-demand and digital music programming as part of the AT&T U-verse TV channel lineup. AT&T U-verse TV is delivered by Project Lightspeed. Financial terms were not disclosed.http://www.att....

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Limelight Revenues Jump 40% in Q2 over Q1

Limelight Networks, a privately-held content delivery network for digital media, said its Q2 revenue rose to over $14 million, an increase of nearly 40% from the first quarter of 2006 and over 200% from the same quarter last year. The latest period marks the company's 11th consecutive quarter of net income profitability.Limelight's customer base grew to more than 600 customers, up from less than 500 at year end 2005.http://www.llnw....

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Cingular Wireless Reaches 57.3 million, Lower Churn

Cingular Wireless reported record net income for the second quarter of $540 million, which is a year-over year increase of 267%. Some highlights from the quarter:Gross additions were 4.4 million, which compares to 4.3 million in the year-ago second quarter and to 4.7 million in the first quarter of 2006. The company reported 1.5 million net adds, which compares to 952,000 in the year-ago second quarter and to 1.7 million in the first quarter of 2006. Of the net adds, more than 1 million were postpaid customers, which is a year-over-year improvement...

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Broadcom Reports Revenue of $941.1 million, up 56% YoY

Broadcom reported record revenue for the second quarter of 2006 of $941.1 million, an increase of 4.5% from the $900.6 million reported for the first quarter of 2006 and an increase of 55.6% from the $604.9 million reported for the second quarter of 2005.Broadcom said that due to the pending equity award review and restatements, it appears unlikely that it will be able to file its Quarterly Report on Form 10-Q for the period ended June 30, 2006 with the SEC by the due date of August 9, 2006.The company does not expect to be in a position to announce...

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Level 3 to Sell Software Subsidiary for $287 Million

Level 3 Communications agreed to sell its wholly owned subsidiary, Software Spectrum, to Insight Enterprises, for $287 million payable in cash at closing. Software Spectrum is a leading reseller of business software and mobility solutions to large- and medium-sized organizations.Insight Enterprises is a leading provider of information technology products and services. "Level 3's communications business is presenting numerous investment and growth opportunities. The proceeds from the sale of Software Spectrum will increase Level 3's ability to pursue...

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Brocade's Former CEO Faces Criminal/Civil Charges over Options Pricing

The United States Attorney's Office for the Northern District of California, the Securities and Exchange Commission, and the Federal Bureau of Investigation (FBI) criminal and civil securities fraud charges against Gregory L. Reyes, the former CEO, President, and Chairman of Brocade Communications Systems, Inc., and Stephanie Jensen, its former Vice President of Human Resources, alleging that the two routinely backdated stock option grants to give employees favorably priced options without recording necessary compensation expenses. Brocade Communications...

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