Ciena Reports Quarterly Revenue of $160.0 million

For its fiscal fourth quarter ending October 31, Ciena reported revenue of $160.0 million, representing a 4.9% sequential increase from fiscal third quarter revenue of $152.5 million and an increase of 35.3% over revenue of $118.2 million for the same period a year ago. For the fiscal year ending October 31, 2006, Ciena's unaudited revenue was $564.1 million, representing an increase of 32.0 % over the previous year.Q4 represents the company's eleventh sequential quarterly increase in revenue. Ciena's unaudited fiscal fourth quarter net income...

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Siemens Exec Arrested in Germany

On Tuesday, Thomas Ganswindt, a former executive and board member with Siemens, was arrested by German authorities in connection an expanding bribery scandal potentially involving hundred of millions of EURs over the pas seven years.Separately, following an internal audit, Siemens executives said that close to EUR 420 million ($556 million) of dubious payments made the company for various consulting services were now subject to further investigation. The allegations are that Siemens used these consulting funds to pay bribes in order to secure some...

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KPN introduces International Ethernet VPN Service for Enterprises

KPN launched its "EURRings International Ethernet VPN Service", offering corporate customers the ability to connect multiple locations through VPNs based on end-to-end Ethernet connections. The EURRings International Ethernet VPN Service is currently available in the five core countries of the international KPN network - The Netherlands, Belgium, the UK, France and Germany - and offers extended coverage via Ethernet over SDH technology across KPN's high capacity fibre-optic network in 22 European countries.KPN said its International Ethernet VPN...

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IP Unity to Acquire Glenayre Messaging

IP Unity, a supplier of carrier-grade media servers, application servers and real-time multimedia applications, agreed to acquire Glenayre Messaging. Financial terms were not disclosed.The combined company, to be known as IP Unity Glenayre, will deliver a portfolio of rich media services from a single, IMS enabled carrier grade platform. The merged unified communications framework brings together messaging services and rich media distribution to users across disparate networks and devices. Applications include voicemail, unified messaging, conferencing,...

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BT Fusion Launches FMC for Small Businesses

BT Fusion launched a Wi-Fi fixed and mobile convergence service for business over one mobile device, with seamless two-way handover between Wi-Fi and GSM. In-office Wi-Fi provides access to all fixed and mobile voice messages stored in one place, and call rates are significantly lower than over GSM .In the office, or at BT Openzone hotspots, for up to 60 minutes customers pay 5p for UK fixed line calls, less than the cost of a text; 15p for calls...

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AT&T + BellSouth Merger Off the Agenda for FCC' s Dec 20 Meeting

Consideration of the AT&T + BellSouth merger will not be a part of the FCC's next open meeting on December 20th. No date has been set for voting on the proposed merger.http://www.fcc.govEarlier this month, the General Counsel of the FCC cleared Commissioner Robert McDowell from any conflict of interest concern that might otherwise have prevented him from voting on the AT&T/BellSouth merger proceeding. In October, the FCC postponed a vote on the AT&T + BellSouth merger, as the Democrat commissioners sought concessions from the companies,...

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DSL Installed Base Reaches 173 Million

DSL's subscriber base worldwide has exceeded 173 million while global broadband subscribers reached more than 263 million in the 12 months to 30 September 2006. DSL's market share now stands at 65.6% market share, rising to 82% in the European Union. According to the DSL Forum and industry analyst Point Topic, each week 1.25 million people sign up to broadband.Globally, the largest broadband market in the world is the USA with more than 55.5 million...

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Hawaiian Telcom Selects Alcatel-Lucent for Triple Play

Hawaiian Telcom, the incumbent local exchange carrier (ILEC) in Hawaii, has selected Alcatel-Lucent's Triple Play Service Delivery Architecture to replace its existing infrastructure and to provide the scalability, reliability and speeds necessary to deliver new services.The deployment will feature the ISAM product family, including the Alcatel 7330 ISAM FTTN and the Alcatel 7342 ISAM FTTU. The rollout will also include the 7750 Service Router (SR) and Alcatel 7450 Ethernet Service Switch (ESS) to address its service routing requirements. Financial...

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Nokia Siemens Networks Merger Delayed Till Later in Q1 2007

Due to the current investigations of Siemens, the scope of which includes its carrier-related business, the planned merger between Nokia and Siemens is now expected to close sometime in Q1 2007, instead of January 2007 as originally planned.Nokia and Siemens said they intend to adjust their agreements in order to have Siemens conduct an appropriate compliance review prior to closing of the transaction. This adjustment is an addition to the previously agreed closing conditions. Nokia plans to participate actively in the review. Closing will be subject...

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Cablevision Reaches Two Million Broadband Customers

Cablevision Systems has surpassed the 2 million-customer milestone for its Optimum Online high-speed Internet service. The service now has a 44 percent take rate of the homes passed.Earlier this year, Cablevision raised the speed of its core Optimum Online service, from up to 10 Mbps downstream and 1 Mbps upstream, to new speeds of up to 15 Mbps downstream and 2 Mbps upstream, at no additional charge. The company also deployed its first premium tier high-speed Internet product, Optimum Online Boost, which offers customers downstream speeds of...

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