Wednesday, October 24, 2007

Nokia Siemens Networks to Acquire Atrica for Carrier Ethernet

Nokia Siemens Networks will acquire Atrica, a supplier of Carrier Ethernet solutions for Metropolitan Area Networks, for an undisclosed sum. The acquisition will allow Nokia Siemens Networks to offer end-to-end Carrier Ethernet Transport solutions that reduce the cost and complexity of data-optimized transport networks - from access to the core network.Atrica's product suite consists of its A-8100 Carrier Ethernet Core Switch, its A-4100 Carrier...

Hibernia Offers 40 Gbps Wavelengths from Boston to Halifax

Hibernia Atlantic has begun offering native 40 Gbps capacity over a subsea span between Boston and Halifax, Nova Scotia. Hibernia Atlantic has deployed Huawei Technologies' optical transmission gear to enable this service. Specifically, Huawei supplied a 192-channel, 40G system; increasing the capacity from 1.9 Tbps to 7.68 Tbps using 40G technology.Huawei accomplished this upgrade with its internally developed, 40G integrated solution, which includes...

Huawei Deploys IP Base Stations for China Mobile

Huawei Technologies has deployed what is described as the world's first IP-based base station system (IP BSS) commercial network for China Mobile. The installation uses Huawei's next generation base station controller, the BSC6000.The IP BSS commercial network uses IP to transmit voice and data services avoiding the cost of TDM transmission, while meeting the requirements of increased data transmissions.Huawei estimates that by adopting IP transmission,...

Comcast Adds 450K Cable Modem Users, 662K VoIP in Q3

Comcast's cable segment revenue increased 11% to $7.4 billion for the third quarter of 2007 as compared to $6.7 billion in the third quarter of 2006. The company attributed the growth to consumer demand for its Comcast Triple Play offering. Some highlights for Q3:Revenue generating units (RGUs) increased 1.4 million, a decrease from the 1.5 million additions reported in the third quarter of 2006. The company ended Q3 with 55.8 million RGUs, a 13%...

Global Crossing Expands VoIP Network in USA, Mexico

Global Crossing announced the extension of its VoIP Local Service to 16 major metropolitan cities in Mexico and nearly 400 additional cities in the United States. The addition of Mexico brings to 21 the total number of countries worldwide where the service is offered. In the U.S., the company expanded availability of VoIP Local Service to nearly 400 additional cities, including Las Vegas, Salt Lake City, and Tucson, bringing that total to more than...

Internet2 and Level 3 to Offer Advanced Networking Awards

Level 3 Communications will sponsor a new "Wave of the Future" category as part of the Internet2 Driving Exemplary Applications (IDEA) Awards program. Open to existing or proposed applications, the Internet2 IDEA awards are designed to showcase projects that apply the latest in advanced networking capabilities to enable transformational progress in research, to enhance teaching and learning, and to potentially increase the impact of next-generation...

Vonage and Verizon Resolve Patent Dispute

Vonage and Verizon announced a settlement in their patent dispute. The terms of the resolution depend on how the Court of Appeals decides Vonage's pending petition for rehearing regarding two of the Verizon patents (the '574 and '711). If Vonage wins rehearing on either the '574 or '711 patent or if the injunction is vacated as to the '574 or '711 patent, Vonage will pay Verizon $80 million. If Vonage does not win rehearing on either the '574 or '711 patent, or if the stay is lifted reinstating the injunction, Vonage will pay Verizon $117.5 million....

Foundry Reports Q3 Sales of $160M, Growing Service Provider Sales

Foundry Networks reported Q3 revenue of $159.5 million, compared to $118.8 million in the third quarter of 2006, and compared to $143.2 million in the second quarter of 2007, an increase of 34.2% and 11.3% respectively. Net income was $27.6 million, or $0.18 per diluted share, compared to net income of $12.2 million, or $0.08 per diluted share, in the third quarter of 2006, and net income of $15.6 million, or $0.10 per diluted share, in the second quarter of 2007.The company said North American commercial revenue represented 52.5% of total revenue...

Ikanos Posts Q3 Revenue of $27.3 million

Ikanos Communications reported Q3 revenue of $27.3 million compared with revenue of $25.7 million for the second quarter of 2007 and revenue of $36.7 million for the third quarter of 2006. GAAP net loss for the third quarter of 2007 was $13.0 million, or $0.45 per share, on 28.7 million weighted average shares and includes a charge of $3.5 million related primarily to the write-off of design tools and severance expenses. This compares with a net loss of $7.2 million, or $0.25 per share, on 28.4 million weighted average shares in the second quarter...