Axtel to Acquire Avantel, Combining Networks in Mexico

Axtel agreed to acquire Avantel Infraestructura in a plan to create a fully complementary national telecommunications company in Mexico providing local, long-distance, broadband and data, in a transaction valued at $500 million. The deal combines AXTEL's hybrid wireline and fixed-wireless local access network, and 683 kilometers of metropolitan fiber optic rings, with Avantel's 7,700 route kilometers of long-haul fiber optic network and 300 kilometers of metropolitan fiber optic ring.The merger would consolidate AXTEL's position as the second-largest...

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NETGEAR Posts Revenue of $151.6 million, 36% year-over-year growth

NETGEAR's Q3 net revenue increased to $151.6 million, 36% year-over-year growth and non-GAAP net income increased to $11.9 million, as compared to $9.1 million in the comparable prior year quarter, 31% year-over-year growth.NETGEAR launched a total of 10 new products in the third quarter, with the most important being NETGEAR's SSL VPN Concentrator 25 and Skype Wi-Fi Phone.Net revenue from service providers reached 23% of total revenue in the third quarter http://www.netgear....

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AT&T U-verse VOD to Include Warner Bros. Movies

AT&T reached a distribution deal with Warner Bros. Home Entertainment to include the studio's current and catalog titles as part of the AT&T U-verse TV video-on-demand (VOD) programming lineup. Financial terms were not disclosed."Warner Bros. has always been focused on providing our content to consumers when and where they want to view it," said Deanne Lewis, director, On-Demand Sales of Warner Bros. Home Entertainment Group. "We are pleased to join with AT&T to offer our award-winning movies as part of the U-verse on-demand library....

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AT&T Offers Remote Home Monitoring Video Service

AT&T introduced a new home monitoring service that enables customers to use both personal computers and Cingular wireless devices to access high-quality, streaming digital video and other real-time data and information from their homes. The service combines live and recorded video (non-audio) capabilities with a range of environmental sensor options. Users can customize alerts and actions.For example, a user can program the service to send a text message alert to a cell phone when motion is detected in an area of the home, while at the same...

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Comcast Credits Triple Play for Growing Momentum

Citing increased demand for its Triple Play service bundle, Comcast reported that revenue increased 12% to $6.6 billion in the third quarter of 2006 (results are presented as if the acquisition of Susquehanna Communications and the Adelphia/Time Warner transactions were effective on January 1, 2005.) Some operational highlights for Q3:Revenue generating units (RGUs) increased 1.486 million in the third quarter of 2006 or 82% from prior year net additions.Added 558,000 new digital subscribers during the quarter. Digital penetration now exceeds...

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Time Warner Supplies 1 Gbps "Quilt" Connections for U.S. Universities

Time Warner Telecom has deployed Gigabit Ethernet Internet connections to the Indiana GigaPoP, located at IUPUI (Indianapolis University-Purdue University Indianapolis), and the University of Minnesota. The two universities are among the first to contract for Internet connectivity from Time Warner Telecom, after the company was named a preferred provider of high performance network services for The Quilt CIS project. The Quilt provides network service to more than 200 Internet2 universities and thousands of other educational institutions across...

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Extreme Reports Revenue of $83.4 Million

Extreme Networks reported quarterly revenue of $83.8 million, compared to $97.9 million in the same period last year and compared to $82.4 million in the preceding quarter. Because the company is conducting a review of its historical practices for stock option grants and accounting for option grants, it did not provide GAAP metrics.Revenues in the U.S. were $34.2 million in the quarter, representing 40.9 percent of total consolidated revenue, compared to $45.1 million or 46.1 percent of revenue in the same quarter a year ago, and compared to $35.0...

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Verizon Business Connects SuperJANET5 Research Network

Verizon Business has supplied a state-of-the-art, fibre-optic network for SuperJANET5, the U.K.'s new national research and education network. SuperJANET5 will link 19 regional educational networks across England, Northern Ireland, Scotland and Wales, supporting a potential user base of up to 18 million users. Verizon Business supplied an autonomous network backbone, with a dedicated, geographically diverse fiber infrastructure. The network can...

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Vitesse Releases PMD devices for BPON, EPON and GPON

Vitesse Semiconductor announced the general availability of its "PON PRO" family of physical media dependent (PMD) devices for BPON, EPON and GPON applications. To date, PON PRO products have won over twenty designs worldwide with module manufacturers designing Optical Line Termination (OLT) and Optical Network Unit (ONU) applications for the FTTH market, mostly in Asia.http://www.vitesse.com/...

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Riverbed Adds 300 Customers in Q3

Riverbed Technology reported Q3 revenue of $24.6 million, which represents a sequential increase of 36% from the immediately preceding quarter and a year-over-year increase of 247% from the third quarter of last year. The net loss on a GAAP basis for the third quarter of 2006 was $3.1 million, or $0.16 per share, compared to a net loss of $6.1 million in the second quarter of 2006 and a net loss of $3.9 million in the third quarter of 2005. Riverbed's third quarter of 2006 GAAP results included $2.1 million of non-cash stock-based compensation...

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Global Crossing to Acquire Impsat for Latin American Presence

Global Crossing agreed to acquire Impsat, a provider of private telecommunications network and Internet services in Latin America, for $336 million, consisting of $95 million in cash and assumption of $241 million of debt. Impsat currently provides services to more than 4,500 national and multinational clients, and has operations in Argentina, Colombia, Brazil, Venezuela, Ecuador, Chile, Peru and the United States.The companies have had a commercial...

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Verizon Wireless Delivers 5 Billion TXT Messages in September

Verizon Wireless delivered more than five billion TXT messages in September 2006 -- a new monthly record for both the company and the U.S. wireless industry. This represents an increase of 150 percent - or an increase of three billion messages a month - for the same time period in 2005.Also last month, Verizon Wireless customers shared more than 100 million PIX and FLIX multimedia messages. http://www.verizonwireless....

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QUALCOMM Reaches 200 Million Milestone for GPS

More than 200 million mobile handsets worldwide have shipped featuring QUALCOMM's gpsOne Assisted-GPS technology. The gpsOne solution provides the position-location technology behind the vast majority of the location services at more than 50 major network operators worldwide.The gpsOne A-GPS solution is integrated into most of QUALCOMM's Mobile Station Modem chipsets. http://www.qualcomm....

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Multiservice Forum's GMI 2006 Event Tests IMS-Compliant NGNs

The Multiservice Forum wrapped up its Global MSF Interoperability event -- GMI 2006 -- a two-week, multinational, distributed, interactive test bed designed to verify key interoperability aspects of NGN/IMS implementations.GMI 2006 amounts to a massive "real network" trial of the MSF IMS (IP Multimedia System)-compatible Release 3 architecture. BT/ Vodafone, Verizon, Korea Telecom/ETRI and NTT Japan together with the University of New Hampshire...

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