Wednesday, May 9, 2007

European Commission Approves Swisscom + FastWeb

The European Commission granted unconditional approval to the acquisition of Italy-based Fastweb by Swisscom. http://www.swisscom.comIn March 2007, Swisscom announced a bid to acquire Fastweb, Italy's second largest fixed-network operator and leading provider of IP-based services, for EUR 47 per share for a maximum total consideration of EUR 3.7 billion.Fastweb is Italy's leading alternative broadband telecommunications provider with more than one million customers, 2006 revenues and EBITDA of respectively EUR 1.26 billion and EUR 424.6 million....

Deutsche Telekom Sees International Growth, Revenues in Germany Drop 5%

Strong growth in international revenue boosted Deutsche Telekom's total revenue in Q1 2007 to EUR 15.5 billion, a rise of 4.1 percent over the previous year. At EUR 7.7 billion, international revenue was 15.5 percent higher than in the same quarter of 2006. This means that Deutsche Telekom generates roughly half of its revenue outside Germany. Mobile Communications in particular generated strong growth with revenue of EUR 8.4 billion, more than half...

EchoStar Adds 310,000 DBS Customers in Q1

EchoStar Communications' DISH Network added approximately 310,000 net new subscribers during the first quarter of 2007, ending the quarter with approximately 13.415 million subscribers.Revenue was $2.64 billion for the quarter ended March 31, 2007, a 15 percent increase compared with $2.30 billion for the corresponding period in 2006. Net income totaled $157 million for the quarter ended March 31, 2007, compared with $147 million during the corresponding period in 2006. Basic earnings per share were $.35 for the quarter ended March 31, 2007, compared...

Dune Networks and Bay Microsystems Partner on 20G & 40G System Designs

Dune Networks and Bay Microsystems announced a joint design for Carrier Ethernet applications. The design incorporates Dune Network's SAND Traffic Manager and Switch Fabric Chipset and Bay Microsystems's Chesapeake Network Processor and Traffic Manager. The companies are offering design documentation that provides detailed information regarding the integration of the critical technologies into a variety of Ethernet and multiservice line card applications....

Verizon Business Supplies Global Net for Gruppo Campari

Gruppo Campari, a major player in the global alcoholic beverage sector, selected Verizon Business to centralize Gruppo Campari's business-critical applications and manage its global IP communications network. Gruppo Campari has implemented a fully managed Verizon Private IP network linking 17 operational sites spanning Asia, Europe, Latin America, South Africa and the United States. The deployment will be complemented by Verizon Internet Dedicated service, which provides secure high bandwidth for its users, as well as Verizon Network Colocation...

Global Crossing Reports Q1, Closes Impsat Acquisition, Recapitalization

Global Crossing reported $504 million of consolidated Q1 2007 revenue, an increase of $16 million or 3 percent from the fourth quarter, when consolidated revenue was $488 million. On a year-over-year basis, consolidated revenue expanded by 11 percent compared with the first quarter of 2006. The company said its core enterprise, carrier data and indirect channels segment, also referred to as its "invest and grow" segment, saw revenue increase by...

NTELOS to Deploy Tellabs' GPON

NTELOS, a communications provider serving portions of seven states, will deploy the new Gigabit Passive Optical Network (GPON) features on the Tellabs 1150 multiservice access platform. The upgraded access network will enable NTELOS to deliver High Definition (HD) video services and faster data services.Tellabs' GPON products deliver up to 2.4 Gbps downstream and up to 1.2 Gbps upstream./ http://www.tellabs.com http://www.ntelos....

Global Crossing Implements Ditech Networks' Voice Assurance

Global Crossing is using Ditech Networks Voice Quality Assurance (VQA) technology to enhance the voice quality of calls received from international destinations on the Global Crossing Ready-Access on-demand audio collaboration services network. Global Crossing provides local access to its Ready-Access customers throughout the world and recently added new VoIP access options to 31 cities in Europe, as well as six countries in Asia. Ditech Networks' VQA substantially reduces noise and echo that can be introduced by the local carrier and transferred...

JAJAH Raises $20 Million for VoIP via Mobiles

JAJAH, a start-up based in Mountain View, California, announced $20 million in Series C funding for its mobile calling service.JAJAH offers a Mobile Suite application that enables consumers to make free long-distance and global calls directly from their mobile phones. To use the service, you first need a JAJAH account, which is free and without obligation. Intel Capital was the lead investor (amount undisclosed) in the round. Additionally, a business...

Space Systems/Loral Awarded Build Satellite for SES New Skies

Space Systems/Loral (SS/L) has been awarded a contract to manufacture a new spacecraft for SES NEW SKIES. NSS-12, which will be the first satellite contract that SES NEW SKIES has awarded to SS/L, will be a state-of-the-art, hybrid C- and Ku-band satellite that will be located at 57º East Longitude over the Indian Ocean.It will be based on SS/L's 1300 spacecraft and will be equipped with 40 C-band and 48 Ku-band active high-power transponders (36 MHz equivalents). Completion date is planned for 2009. http://www.ses-newskies.com/http://www.se...

JDSU Acquires Innocor for Broadband Test Solutions

JDSU agreed to acquire Innocor, a provider of broadband test solutions for network equipment manufacturers, for an undisclosed sum. JDSU expects to complete the acquisition in the current fiscal fourth quarter ending June 30, 2007.Innocor's TestPoint product family is designed for development, verification and production of next-generation fibre channel, 10G Ethernet and SONET/SDH/OTN networks. TestPoint complements JDSU's ONT-506, the industry's first all-in-one portable tester for 40/43G networks, including jitter and wander.Innocor, which is...