Wednesday, July 18, 2007

PMC-Sierra Posts Revenue of $104.7 Million

PMC-Sierra reported net revenues in the second quarter of 2007 of $104.7 million compared with $103.7 million in the first quarter of 2007. Due to a review of the company's expanded global distribution arrangement with its largest distributor, Avnet, PMC-Sierra determined it was appropriate that all future revenues generated through Avnet be reported on a 'sell-through' basis and therefore deferred until inventory is sold to the end customer. The net impact of this adjustment in the second quarter of 2007 was a decrease in reported revenue of $4.2...

Sprint Nextel and Clearwire to Partner on WiMAX Mobile Network Build

Sprint Nextel and Clearwire agreed to jointly build a nationwide mobile broadband network using WiMAX technology and to promote the global development of WiMAX-based services. The partnership significantly reduces the cost of network construction and is expected to accelerate the rollout of a 4G service.Under the network build-out plan, Sprint Nextel will focus its efforts primarily on geographic areas covering approximately 185 million people, including...

Tekelec Selected by T-Mobile and BSNL

India's Bharat Sanchar Nigam Ltd. (BSNL) has selected Tekelec's EAGLE 5 Integrated Signaling System solution to support its transition to next-generation networks. This latest purchase order for BSNL was received through a Tekelec local reseller, ITI Limited, which also will be in charge of the project implementation. The project will expand the existing deployment of 10 EAGLE 5 ISS nodes and adds an additional 14 nodes, which is one of Tekelec's largest single shipments of EAGLE 5 ISS nodes. BSNL, India's largest telecommunications company,...

Broadcom Posts Q2 Revenue of $900 Million

Broadcom reported Q2 revenue of $897.9 million, a decrease of 0.4% from the $901.5 million reported for the first quarter of 2007 and a decrease of 4.6% from the $941.1 million reported for the second quarter of 2006. Net income (GAAP) for Q2 was $34.3 million, or $.06 per share (diluted), compared with GAAP net income of $61.0 million, or $.10 per share (diluted), for the first quarter of 2007, and GAAP net income of $106.1 million, or $.18 per share (diluted), for the second quarter of 2006."In the midst of continued variability in the ordering...

Motorola Posts Q2 Sales of $8.7 billion, Net Loss

Motorola reported Q2 sales of $8.7 billion and a GAAP net loss from continuing operations of $0.02 per share, which includes net charges of $0.04 per share related to workforce reductions and an insurance litigation matter. The company had earlier warned of a shortfall due to weakness in mobile device sales, particularly in Asia, and the Europe, Middle East and Africa region."This was a challenging quarter for Motorola in which revenue fell short of our expectations due to a decline in mobile device unit shipments," said Ed Zander, chairman and...

Verizon Wireless Adds 1.3 Million Mobile Users in Q2

Verizon Wireless added 1.6 million retail net customer in Q2, although total net customer additions were 1.3 million after 300,000 net reductions in the company's wholesale base, primarily due to one reseller. At the end of the quarter the company had 62.1 million customers, including 60.1 million retail customers served under the Verizon Wireless brand. Further details are expected on July 30 when the company issues its quarterly financial report. http://www.verizon.comFor Q1 2007, Verizon Wireless added 1.6 million retail net customer additions...

NCR to Support Alcatel-Lucent Enterprise Solutions in North America

NCR Corporation to provide on-site installation and maintenance services for Alcatel-Lucent enterprise communications customers in North America under a new agreement announced by the firms. Through its relationship with NCR, Alcatel-Lucent will expand its local service delivery capability, providing installation and maintenance to customers in previously under-served geographic areas. Under the agreement with NCR, distributors and service providers will continue to offer support packages directly to customers, and will be able to draw from the...

Senate Committee Approves Measure Seeking Data on Broadband Deployments

The Senate Committee on Commerce, Science, and Transportation unanimously approved a bill that directs the FCC to reconsider and update its definition of a broadband service -- currently 200 kbps, as it first defined in 1999. The bill would also direct the FCC to revise existing broadband reporting obligations to require providers to report the actual numbers of broadband connections either within a census tract, 9-digit postal zip code, or 5-digit postal zip code. Under the current system, if there is a single subscriber in a 5-digit zip code,...

Nokia Launches A-GPS Service, Framework Open to Service Providers

Nokia launched an Assisted GPS (A-GPS) service that helps Nokia Maps users find their current locations faster and get to their desired locations quicker using their Nokia mobile device with built-in GPS. The free service, which runs over a user's existing wireless data plan, is initially available on the Nokia 6110 Navigator, which has begun shipping in select markets, and the most recent software release of the Nokia N95 multimedia computer. ...

Cablevision Offers Up to 4 VoIP Lines to Residential Customers

Cablevision Systems, which serves the metro New York market, is now offering residential customers the option of up to four lines of the company's Optimum Voice digital phone service. Residential customers with one line of Optimum Voice can add up to three additional lines for $14.95 per month per line. Each line provides unlimited calling across the U.S., Canada and Puerto Rico and features such as caller ID, call waiting, enhanced voicemail, and directory assistance. Small business customers can have up to 8 voice lines over their cable connection...

Ikanos Expands in GPON-Based FTTH Market, Licensing Deal with Terawave

Ikanos Communications has licensed high-performance GPON physical (PHY) layer technology with Ethernet Layer 2 functionality from Terawave Communications as plan of a plan to enter the Gigabit Passive Optical Network (GPON)-based FTTH market. Ikanos will combine Terawave's ITU-compliant GPON PHY technology with its own gigabit performance Fusiv Vx170 gateway processor to develop a high-performance GPON residential gateway reference platform. The Fusiv Vx170 offers 2.7 GHz of processing power, providing wire speed performance across all LAN and...

Broadcom and Verizon Wireless Enter Licensing Deal to Allow Banned Phones

Broadcom signed a licensing deal with Verizon Wireless that permits the continued importation and sale by Verizon Wireless of mobile devices that are the subject of the current litigation between Broadcom and Qualcomm before the U.S. International Trade Commission.Separately, Broadcom and Verizon Communications announced that they have entered into a strategic alliance involving new mobile device chipsets and other products, including Bluetooth and wireless LAN solutions, optical network solutions, Multimedia over Coaxial Cable (MoCA) devices,...

Dell Plans to Acquire Silverback Technologies

Dell announced plans to acquire privately-held SilverBack Technologies, Inc., a service delivery platform provider for remote monitoring and management of information technology infrastructure such as servers, storage, networks, desktops and notebooks. Financial terms were not disclosed.SilverBack, which started out in 1999 as a Managed Service Provider, supplies a distributed, multi-tenant platform for providing remote management across diverse, customer-controlled networks. http://www.dell.com http://www.silverbacktech.com/Silverback Technologies'...

Digital Lightwave Announces 40G and 43G Testing Capability

Digital Lightwave announced plans to introduce 40Gbps and 43Gbps test capability for its NIC Platform products in Q4 2007. The new 40/43G testing module will be available in the small and light NIC chassis as well as the larger NIC Plus and NIC EP (rack mount) chassis.In the NIC Plus and NIC EP chassis, the 40/43G can be combined with other NIC modules to enable testing of all SONET/SDH/OTN rates from 51Mbps to 43Gbps with VCAT, LCAS and GFP, Ethernet 10/100/1000BaseT, GigE, 10GigE and PDH/T-Carrier rates from 1.5Mbps to 140Mbps in a single ch...

Bharti Airtel Awards $2 Billion Deal to Ericsson

India's Bharti Airtel awarded a contracted valued at US$2 billion to Ericsson. The deal is described as one of the world's largest network expansion projects. It is Ericsson's largest deal to date.The two-year contract covers an expansion of Bharti Airtel's GSM/EDGE network as well as capacity management. Specifically, Ericsson will design, plan, deploy, optimize and manage Bharti Airtel's GSM network across 15 circles in India as well as for its...

Juniper's Q2 Revenue Rises 17% to $665 Million

Juniper Networks reported Q2 2007 revenue of $664.9 million, compared with $567.5 million for the second quarter of 2006, an increase of 17 percent. Net income on a GAAP basis for the second quarter of 2007 was $86.2 million or $0.15 per share, compared with a GAAP net loss of $1,206.5 million or $2.13 per share for the second quarter of 2006. "We are pleased with our progress in the second quarter and first half of 2007, and we also remain fully aware of the ongoing work that lies ahead," said Scott Kriens, Juniper Networks' Chairman and CEO....