Thursday, July 31, 2008

FCC Rules Against Comcast in Net Neutrality Case

The FCC ruled that Comcast's management of its broadband Internet networks contravenes federal policies that protect the vibrant and open nature of the Internet. Specifically, the FCC concluded that by monitoring the content of its customers' traffic and selectively blocking certain peer-to-peer connections, Comcast unduly interfered with Internet users' right to access the lawful Internet content and to use the applications of their choice.The...

Huawei Shows Lower Energy Base Stations

Huawei Technologies is showcasing its "green" CDMA end-to-end solution. Huawei proposes that by adopting the latest 4th Generation Base Transceiver Stations (BTS' s) and ALL IP technology into the CDMA development area and by using "green" BTS' s, core networks with multi-network convergence design, green site accessory facilities solutions, and environment protecting energy solutions, operators are able to reduce CO2 emissions and the environmental impact of their CDMA systems. The company claims its CDMA solution uses 30% fewer BTS sites. h...

Sky Dayton to Leave Earthlink's Board

Sky Dayton will retire from Earthlink's Board of Directors in October. Mr. Dayton is EarthLink's founder and served on the Board of Directors of EarthLink (and its predecessor EarthLink Network) since 1994. http://www.EarthLink....

Brightcove Expands in Japan, Partners on Internet Olympic Coverage

Brightcove has appointed Hisashige Hashimoto as general manager of its Japan-based subsidiary. Brightcove also announced that Web TV distribution giant, PRESENTCAST, has selected its Internet video platform for gorin.jp, the exclusive online video portal in Japan for coverage of the 2008 Beijing Olympic Games. gorin.jp is backed by all of Japan's commercial television broadcasters.Mr. Hashimoto joins Brightcove after two years as president and...

Wednesday, July 30, 2008

Orange Reaches 174 Million Accesses

France Telecom group's consolidated revenues for the first half 2008 rose to EUR 26.304 billion, a 3.9% increase on a comparable basis following a 3.6% increase in the second half of 2007. This improvement concerned mature Western European markets, which were up 3.0% on a comparable basis. Revenues in developing markets were up by 11.2% in the first half 2008. On an historical basis, growth in the first half 2008 was 1.5%, including the unfavourable...

Telefónica Group Now Serving 245 million Access Points

Telefónica reported financial results in line with the growth targets for both the Group as a whole and for the different geographic areas (Spain, rest of Europe, and Latin America), leaving it on track to meet the financial targets announced for 2008. Telefónica achieved overall revenues of EUR 28.149billion in the first six months of 2008, for a year-on-year increase of 1.2%. Changes in the consolidation perimeter subtract 2.8 percentage points...

Veraz Announces Restructuring

Veraz Networks announced a restructuring that involves reducing its overall headcount and streamlining operations. The company has reduced its workforce by approximately 160 employees and contractors and consolidated certain operations across all organizations, bringing worldwide headcount to approximately 300. The company said these initiatives, which will significantly lower Veraz's break-even point, will result in a third quarter pre-tax restructuring charge, excluding stock-based compensation, of approximately $1.2 million to $1.5 million...

Motorola Posts Q2 Sales of $8.1 billion, Ahead of Expectations

Motorola exceeded market expectations by reporting Q2 sales of $8.1 billion and GAAP net earnings of $4 million. The company had positive operating cash flow of $204 million and ended the quarter with a net cash* position of $3.6 billion and a total cash position of $7.8 billion."Motorola's Home and Networks Mobility and Enterprise Mobility Solutions segments delivered strong results in the second quarter, driven by sales growth and operating margin expansion. These segments are well positioned to continue generating year-over-year sales and margin...

NZ's TelstraClear Selects Juniper's E320

New Zealand's TelstraClear has upgraded its broadband network capacity and enhanced its service delivery capabilities with Juniper Networks E320 Broadband Services Routers and C-series Controllers. TelstraClear is using the C-series Controllers to manage service provisioning over a wide array of access types, including cable and retail and wholesale DSL.Juniper said the upgrade ensures adequate capacity to address TelstraClear's fast-growing subscriber base and to support its increasingly rich mix of residential broadband access, business services...

Telekom Malaysia Expands Optical Net with Ericsson

Telekom Malaysia awarded a two-year contract to Ericsson for the nationwide expansion of its optical network. Specifically, the contract is for the supply of SDH and DWDM equipment, installation services and comprehensive maintenance. Deployment started in June 2008. Financial terms were not disclosed. The included products for high-speed transport are the Marconi-branded Optical Multiservice (OMS) and MHL 3000 WDM product families.http://www...

Alcatel-Lucent Wins Submarine Cable Network Bid

Alcatel-Lucent was awarded a contract to deploy the Atlantic-Mediterranean segment of the 15,000 km (9,000 mile), Europe India Gateway (EIG) submarine cable system. The planned Europe India Gateway (EIG) will connect three continents at a cost of more than US$700 million. The 15,000-kilometer (9,000-mile) cable network system is expected to be completed in 2010. Landings are planned in the United Kingdom, Portugal, Gibraltar, Morocco, Monaco, France,...

Qualcomm Achieves 20 Mbps HSPA+ Data Call

Qualcomm completed the world's first data call using High-Speed Packet Access Plus (HSPA+) network technology. The call achieved a data transfer rate of more than 20 Mbps in a 5 MHz channel. The call was completed using Qualcomm's MDM8200 product, the industry's first chipset solution for HSPA+.HSPA+, also known as HSPA Evolved, is designed to enhance the mobile broadband user experience and enable a wide range of services. Qualcomm estimates...

Allot Cites Deployment by Global Tier 1 Operator

Allot Communications announced the deployment of its Service Gateway Omega by a global Tier 1 operator, which currently services more than 20 million subscribers. The customer name was not disclosed. "The increasing adoption of Allot solutions by mobile operators worldwide is a direct outcome of the exploding growth of data bandwidth and services over mobile networks and their emergence as an additional platform to deliver broadband services," commented Allot CEO and president, Rami Hadar. "The Service Gateway, equipped with Subscriber Management...

BT Reaches 13.0 Million Broadband End Users

Citing growth in managed solutions, broadband and convergence revenue, BT reported quarterly revenue of 5,177 million pounds, up 3 percent. EBITDA before specific items and leaver costs increased by 1 percent year on year. Earnings per share before specific items and leaver costs increased by 2 percent to 6.1 pence.Some highlights:BT reached 13.0 million wholesale broadband connections (DSL and LLU) at June 30, 2008, including 4.8 million local...

AT&T Announces New Managed Services Contract

AT&T announced a data services contract with American Nuclear Insurers (ANI), a joint underwriting association that provides liability insurance for nuclear facilities throughout the United States. Under the terms of the contract, AT&T will serve as ANI's primary data services provider, delivering AT&T Secure E-mail Gateway service and AT&T Web Security to the company's headquarters. Financial terms were not disclosed.http://www...

Cablevision Surpasses 2 Million Optimum Voice Lines

Cablevision Systems, which serves the NYC metropolitan area, has surpassed 2 million phone lines in service -- a company milestone. Cablevision offers small and medium-sized business customers up to 12 lines of Optimum Voice, up to four lines for residential customers.http://www.optimum....

Extreme Networks Posts Revenue of $98.3 Million, up 13% YoY

Extreme Networks reported quarterly net revenue of $98.3 million, compared to $87.1 million in the year-ago quarter, a 13% increase. Net income on a GAAP basis was $0.8 million or $0.01 per diluted share, compared to a net loss of $5.0 million or a loss of $0.04 per diluted share in the year-ago quarter."With revenue up 13% for the quarter and 6% for the year, we continue to gain momentum with our channels and end users," said Mark Canepa, president and CEO of Extreme Networks. http://www.extremenetworks....

Tuesday, July 29, 2008

ITU Appoints BT Exec to Chair Climate Change Group

BT's Dr Dave Faulkner has been selected by the International Telecommunication Union (ITU) to chair a new Focus Group examining the impact of information and communication technology (ICT) on climate change. img border="0" src="https://dl.dropbox.com/u/11402824/CND/itu-climate.jpg" align="right">The new group will focus in particular on the reduction of ICT emissions and how ICTs can assist in cutting emissions in other industry sectors such as energy, transportation and buildings. The ICT sector is seen as a major part of the solution to climate...

Qwest Now Offering Verizon Wireless Services

Qwest Communications is now offering Verizon Wireless services to all new residential and business customers in its residential service area. The companies announced a five-year agent earlier this year.http://www.qwest....

Corning Announces $1 Billion Stock Repurchase Plan

Corning's board of directors and executive committee have approved the repurchase of up to $1 billion of common stock between now and the end of 2009. This is in addition to last year's $500 million repurchase authorization of which $125 million remains.Separately, Corning reported Q2 sales of $1.69 billion, up 19% year over year. Earnings per share were $2.01, including a $2.429 billion net special gain primarily related to the release of U.S. deferred tax asset valuation allowances.Telecommunications segment sales in the second quarter were...

Tiscali International Network To Expand via Equinix's European Centers

Tiscali International Network (TINet), which specializes in wholesale IP-MPLS market, selected Equinix as a strategic partner for the expansionof its European network. The expansion will occur initially from Equinix's Frankfurt and Paris Internet Business Exchange (IBX) data centers.TINet offers IP Transit, MPLS lines and long distance Ethernet services to major service providers in North America, Hong Kong, Singapore and across Europe. TINet has...

Crescendo Raises $9.5 Million for Web Application Acceleration

Crescendo Networks, a start-up based in Israel, secured $9.5 million in third round funding for its web application acceleration solutions. Crescendo Networks features a multi-tier application architecture that improves the operation of existing application infrastructure. The company was founded in 2002.The Challenge Fund -- Etgar II L.P. participated in the current financing and joined current investors, Evergreen Venture Partners, Apax Partners, Magma Venture Partners, StageOne Ventures and Convergent Capital. The company has now raised $36.2...

Internet2 to Provide Dedicated 10Gbps to GENI Effort

Internet2 has agreed tol donate a 10 Gbps dedicated circuit on its national backbone to support the GENI Project Office (GPO), located at BBN, and its subcontractors as they build and test prototypes of the GENI system. GENI subcontractors and developers will be able to access the circuit at every connection point on the network to enable nationwide collaboration on GENI prototypes. GENI is envisioned as a national data communications laboratory, supporting experiments on a wide variety of advanced research in communications, networking, distributed...

Australia's Foxtel Selects NDS to Power Quad Tuner HD DVR

FOXTEL, which delivers subscription TV via cable and satellite to more than 1.5 million homes in Australia, has selected NDS XTV DVR technology to power its new FOXTEL iQ2 High Definition quad tuner DVR. NDS has also developed a next-generation EPG for the FOXTEL iQ2 and carried out the systems integration for the launch of FOXTEL's HD services. NDS XTV technology allows subscribers to pause, record, play back, rewind and fast forward their TV programs for viewing when they choose.http://www.nds....

Verizon Business Wins Mobile Managed Service Bid

Verizon Business was awarded a new managed services contract to help the U.S. Department of Interior manage and track the expenses for more than 22,000 mobile devices. Under the two-year deal, worth up to $15 million if all three additional one-year optional extensions are exercised, Verizon Business will provide expense-management services for mobile phones, personal digital assistants and other wireless devices used by the Interior Department,...

Harris Stratex Networks to Restate Financials, Trim Expenses

Harris Stratex Networks will need to restate prior period financial statements. The company also announced that the earnings release for the fourth quarter of fiscal 2008, which ended June 27, 2008, will be rescheduled.The company noted strong revenue of approximately $188 million for the quarter. Total revenue for the year is expected to increase by approximately 10 percent compared to previously reported combined company results for fiscal 2007. All three business segments -- North America Microwave, International Microwave and Network Operations...

ARRIS Posts Q2 Revenues of $281.1 million

ARRIS reported Q2 revenues of $281.1 million, an increase of $7.6 million or 2.8% , as compared to first quarter revenues of $273.5 million. Second quarter 2008 gross margin was $92.9 million, or 33.0%, as compared to $85.2, or 31.2%, in the first quarter 2008 and $72.4 million, or 28.6%, in the second quarter 2007. Order backlog increased to $206.0 million at the end of the second quarter as compared to $147.0 million at the end of the first quarter. Book-to-bill ratio in the second quarter was 1.21. GAAP net income in the second quarter 2008...

Telecom Liechtenstein Deploys VDSL2 with Ericsson

Telecom Liechtenstein has selected Ericsson to upgrade and expand its ADSL network with VDSL2 technology. Ericsson will also provide support over the next three years. The deal will bring high-speed broadband to Telecom Liechtenstein subscribers across the country. Financial terms were not disclosed.http://www.ericsson....

Comcast Revenue Rises to $8.6 billion, up 11%

Comcast reported Q2 revenue of $8.6 billion, an increase of 11% of the same period last year. Operating Income increased 19% to $1.8 billion. This growth was due to solid operating results at Comcast Cable and in the Programming segment, as well as the positive impact of cable acquisitions. "We delivered solid results in the second quarter of 2008, highlighting the strength of our businesses even in a challenging economic environment. We continue...

One Minute Video: What is E-Line?

One Minute Video presented by Dr. Hans-Juergen Schmidtke -- What is E-Line?Jargon Bus...

Monday, July 28, 2008

ST-NXP Wireless to Begin Operations

NXP -- the independent semiconductor company founded by Philips -- and STMicroelectronics announced the closing of the deal bringing together key wireless operations of both companies into ST-NXP Wireless, a deal they announced on April 10th, 2008. At the closing, STMicroelectronics took an 80% stake in the joint venture and contributed $1.55 billion to NXP, including a control premium. The new organization will start with a cash balance of about...

Hitachi and Airvana Enter Development Agreement for CDMA Femtocells

Airvana announced an agreement with Hitachi Communication Technologies to create and deliver customized versions of Airvana Femtocell products for the Japanese market. The solution will inter-work with Hitachi Com core network products. Airvana's contribution to the solution includes its HubBub CDMA femtocell, which supports both 1x-RTT and EV-DO services; its Universal Access Gateway, a carrier-class femtocell network gateway; and its Femtocell...

MRV Posts Revenue of $148 Million, up 45% YoY

MRV COMMUNICATIONS reported Q2 revenue of $147.6 million, above previously stated guidance and an increase of 45% over revenue of $102 million in the second quarter of 2007. Strong growth was driven by a 28% increase in the network equipment segment, a 17% increase in the network integration segment and 112% in the optical components segment. Revenue for the six months ended June 30, 2008 was $273.2 million an, increase of 43% from the six months ended June 30, 2007.MRV said its Network Equipment segment posted the strongest growth in recent history...

Vonage Names Former Cingular Exec as CEO

Vonage has appointed Marc Lefar as its new CEO, replacing interim CEO Jeffrey Citron, who had assumed the additional role in April of 2007. Citron will assume the role of non-executive Chairman of the Board and serve as a consultant on long-term strategy. Lefar previously served as Chief Marketing Officer of Cingular Wireless, (now AT&T Mobility). After leaving Cingular, Lefar founded Marketing Insights, a technology and media consultancy. Prior to joining Cingular, Lefar was Executive Vice President, Marketing and Value-Added Services...

BT Acquires Ribbit for Telco 2.0 Platform

BT has acquired Ribbit Corporation, a Silicon Valley-based start-up that developed a "voiceware" platform that combines telephony and the Internet, for $105 million in cash.Ribbit's open platform which enables developers to create new and innovative voice applications and services. For example, using Ribbit, developers have integrated voice into salesforce.com and built voice applications that run directly from Facebook or iGoogle. Ribbit said...

Alcatel-Lucent Posts Q2 Revenue of EUR 4.101 billion, up 6.1% sequentially

Alcatel-Lucent reported Q2 revenue of EUR 4.101 billion, up 6.1% sequentially but down 5.2% year-over-year. At constant Euro/USD exchange rate, revenues grew 1.7% year-over-year and 8.5% sequentially. The adjusted2 gross profit was EUR 1,433 million or 34.9% of revenues, compared to an adjusted2 gross profit of EUR 1,447 million or 33.4% of revenues in the year ago-quarter. During the second quarter of 2008, the CDMA activity declined at a higher pace than the company had planned. This was due, to a large extent, to a strong reduction in the...

NTT Communications Deploys Juniper T1600 Core Routers

NTT Communications (NTT Com) has deployed Juniper Networks' T1600 core routers to scale the capacity of its global IP network. Financial terms were not disclosed.The companies said a key considerations for the T1600 selection included the non-disruptive upgrade path from the T640 to the multi-terabit capacity and energy efficiency advantages of the T1600.NTT Com began its global IP network service in July 1997 with 45 Mbps bandwidth between Japan and the U.S. In 2000, NTT Com acquired a Tier-1 Internet service provider, Verio, and expanded the...

Juniper Names Vice President, U.S. Enterprise Sales

Juniper Networks Appointed Philip O'Reilly to the position of senior vice president of U.S. enterprise sales. A seasoned leader, Mr. O'Reilly joins Juniper Networks from Solunet, where he served as CEO. Prior to Solunet, O'Reilly was chief financial officer and vice president of business development for Datavon, a VoIP service provider in Texas. http://www.juniper....

Alcatel-Lucent Chairman Serge Tchuruk and CEO Pat Russo Resign

Alcatel-Lucent announced the resignations of its non-executive Chairman Serge Tchuruk and CEO Pat Russo.Specifically, Serge Tchuruk has decided to step down on October 1, 2008 and Pat Russo has decided to step down no later than the end of the year. At the Board's request, she will continue to run the company until a new CEO is in place to effect a smooth transition and maintain the continuity of the company's business. The company's Board will...

Sunday, July 27, 2008

Chile's GTD Selects Alcatel-Lucent for GPON in Santiago

Chile's Gtd Group will begin deploying a fiber-to-the-home (FTTH) GPON network in in Santiago's prestigious Santa Mar�a de Manquehue district, with other neighborhoods of Chile's capital city following shortly after. Gtd Manquehue will deploy the Alcatel-Lucent 7342 Intelligent Services Access Manager Fiber-to-the-User (ISAM FTTU) and the Alcatel-Lucent 5520 Access Management System for element management. Financial terms were not disclosed."We...

Celeno Raises $16 Million for WiFi Silicon

Celeno Communications, a start-up based in Israel, raised $16 million in Series C funding for its semiconductors for multimedia WiFi home networking applications.Celeno's high-performance, standards-based WiFi System on a Chip enables robust, whole-home multimedia and entertainment distribution over wireless home networks. Celeno said its unique technology boosts standard WiFi performance, achieving improvements of up to 10 times the range and as...

XO Holdings Secures $780 Million in Financing

XO Holdings has raised $780 million through the issuance of two new series of preferred stock in order to retire senior debt, fund future growth initiatives and provide ongoing working capital for the business. XO Holdings is the parent company of XO Communications and Nextlink.As a result of this fundraising, all the company's indebtedness for borrowed money, amounting to approximately $395 million under its Senior Secured Credit Facility as well as approximately $78 million under its $75 Million Senior Note issued in March 2008 (both figures...

Alcatel-Lucent and Airvana to Develop CDMA IMS-Femtocell

Airvana and Alcatel-Lucent are collaborating on an IP Multimedia Subsystem (IMS) femtocell for CDMA/EV-DO network operators. Femtocells are cellular access points that use a subscriber's existing broadband connection to provide enhanced voice, video and data services, especially in the home, using existing mobile devices. Under a new development agreement, Airvana will enhance its femtocell offerings with new interfaces to enable smooth integration...

Atheros Posts 13th Consecutive Quarter of Revenue Growth

Atheros Communications reported Q2 revenue of $121.5 million, compared with $114.5 million reported in the first quarter of 2008 and $100.8 million reported in the second quarter of 2007. GAAP net income was $10.1 million or $0.16 per diluted share. This compares with GAAP net income of $3.4 million or $0.06 per diluted share in the first quarter of 2008. GAAP net income in the second quarter of 2007 was $9.3 million or $0.16 per diluted share. Total cash, cash equivalents and marketable securities were $276.6 million at June 30, 2008, up $21.1...

Motorola to Acquire AirDefense for Wireless LAN Security

Motorola agreed to acquire privately held AirDefense, which specializes in WLAN security, for an undisclosed sum.AirDefense, which is based in Atlanta, Georgia, develops Wireless Intrusion Prevention Solutions (WIPS) and premium software applications. The solutions enable corporations to secure their networks against wireless security threats and comply with regulatory and industry standards. AirDefense capabilities include rogue wireless detection,...

Reliance Globalcom Upgrades Metros with Juniper MX-Series

Reliance Globalcom is upgrading its metro networks in the U.S. with Juniper's MX-series Ethernet Services Routers and M120 Multiservice Edge Routers to support 10 GbE services. Specifically, Reliance Globalcom is deploying the Juniper Networks MX-series Ethernet Services Routers with its Managed Metro Ethernet service to seamlessly link multiple enterprise LANs within a single metro over Ethernet-based metropolitan fiber networks. The MX-series...

Verizon Sees Strength in Wireless, DSL Declines as FiOS Grows

Verizon Communications reported total operating revenues of $24.1 billion in the second quarter 2008. This is a 3.7 percent increase compared with the second quarter 2007, or an increase of 4.9 percent when adjusted for the spin-off of the Wireline segment's non-strategic local exchange and related business assets in Maine, New Hampshire and Vermont (non-GAAP). Total operating expenses increased 2.4 percent to $19.6 billion, comparing second quarter...

Reliance Globalcom Video: Global Reach and Ethernet Scalability

http://www.relianceglobalcom.c...

One Minute Video: What is NGN?

One Minute Video presented by Laura Howard, ECI Telecom -- What is NGN?Jargon Bus...

Thursday, July 24, 2008

Meru Networks Develops "RF Barrier" to Defend WLAN Perimeters

Meru Networks introduced IEEE 802.11-based "RF Barrier" technology for proactively defending wireless networks against eavesdroppers and "parking lot" attackers who attempt to record and observe network traffic from outside a building's perimeter. The system uses specially adapted WLAN radio at the network's edge to block specific radio-frequency (RF) signals from the corporate network as they exit the building, without disrupting internal WLAN...

SingTel Signs Major US studios for Early Content Release

Singapore Telecommunications (SingTel) has signed deals with three major U.S. studios -- Disney-ABC International Television, Twentieth Century Fox and Warner Bros. International Television Distribution - that will make it possible for its mio TV service to screen over 50 top U.S. series as early as 24 hours after their U.S. premiere.SingTel claims its will be the first IPTV operator in the world to offer such a volume of top US series within a day...

Huawei Develops 100G WDM Prototype

Huawei Technologies announced a 100 Gbps WDM prototype platform. Huawei said its design will support a transmission distance of up to 2,000 km without using electrical regenerators, while offering a migration path from 10G/40G technologies. Commercial availability dates were not disclosed."The successful development of 100G WDM technologies reflects Huawei's strength in the optical network domain," said Christian Chua, president of Huawei' s Transport Network Product Line. "Huawei will continue to invest in long-haul high-speed transport technologies,...

UK's City University Installs Nortel Ethernet Routing Switch 8600

City University, which has over 10,000 students at its campus in London, has installed the Nortel Ethernet Routing Switch 8600 (ERS 8600) at the core its new LAN. The switch supports up to 384 one-gigabit or 24 ten-gigabit ports. The ERS 8600 provides QoS capabilities as well as non-stop operation through Nortel's Split Multi-Link Trunking (SMLT) technology, which provides sub-second redundancy for link and switch. Nortel Ethernet Switch 5520 is used for the server stacks and edge devices providing high-density Gigabit desktop connectivity and...

SES ASTRA Selects Harmonic's Electra 7000 Encoders

ASTRA Platform Services GmbH (APS), a subsidiary of SES ASTRA , has selected Harmonic's DiviCom Electra 7000 high definition (HD) encoders and DiviTrackIP statistical multiplexing for a network upgrade designed to substantially enhance and expand its HD MPEG-4 AVC (H.264) service.APS operates one of Europe's most modern satellite broadcast centers, transmitting over 200 television and audio channels to subscribers throughout Europe from its headend in Germany. SES ASTRA is Europe's leading satellite broadcaster, delivering services to more than...

Fujitsu Expands Manufacturing Capacity in Texas

Fujitsu Network Communications is expanding manufacturing capacity at their Richardson, Texas, headquarters. Fujitsu is shifting manufacturing of key optical and electronic components from Europe and Japan to the U.S. In the process, 67 new professional and production jobs will be created in North Texas.Fujitsu said it is transferring manufacturing of optical and electronic assemblies for its FLASHWAVE 4500 Multiservice Provisioning Platform (MSPP) and FLASHWAVE 7500 Re-configurable Optical Add/Drop Multiplexer (ROADM) from Japan. Manufacturing...

Metalink Considers its Strategic Options, Including Possible Sale

Metalink, a supplier of DSL and 802.11n silicon solutions, said it is evaluating number of strategic and financial options for the future, including a potential sale of the company. In parallel, Metalink is implementing measures to reduce its ongoing operating expenses. Metalink is also actively involved in capital raising activities, including through a private placement. This is Metalink's second cost reduction plan, following a plan which was announced in March 2008. The current plan aims to reduce operating expenses to approximately $6.5 million...

AT&T Plans $400 Million Fiber Investment in Alabama

AT&T announced plans to invest approximately $400 million over the next several years in fiber network upgrade in Alabama. The announcement follows a recent decision by the Birmingham City Council to approve an agreement with AT&T that will enable AT&T to provide these IP services to local consumers. That same day, the Jefferson County commission approved a similar agreement. They join 34 communities across the state in approving similar agreements with AT&T, including Hoover, Bessemer, Midfield, Helena, Bay Minette, Vestavia...

Wednesday, July 23, 2008

Thomson Appoints Alcatel-Lucent Exec as CEO

Thomson announced the appointment of Frédéric Rose as its new CEO. He will also join the Board of Directors.Prior to joining Thomson, Mr Rose has been President of Alcatel-Lucent's Europe, Asia and Africa Region and a member of Alcatel-Lucent's Executive Committee. Prior to that, he was President of Alcatel-Lucent's Asia Pacific region, Mr. Rose managed a diverse team of 15,000 staff operating across 18 countries and led the region to achieve double-digit growth during his tenure. He also held the position of President of Alcatel Shanghai Bell...

NextWave to Sell Some AWS Spectrum for $150 Million

NextWave Wireless signed agreements with four parties to sell a portion of its AWS license portfolio, representing 63% of its total AWS MHz-pops, for a total of $150.1 million. The agreements call for NextWave to sell 599 million MHz-pops of AWS spectrum at an average price of $0.25 per MHz-pop. NextWave said its cost basis for the licenses being sold is $75.2 million or $0.126 cents per MHz-pop. NextWave's remaining U.S. spectrum assets include...

Deutsche Telekom Activates Ericsson's 40 Gbps DWDM

Deutsche Telekom has commercially started Ericsson's Marconi MHL 3000 multihaul WDM solution in its German core network. This step follows in-depth testing, optimization and systems integration. Ericsson's Marconi MHL 3000 MultiHaul WDM platform is now deployed nationwide with 40 Gbps functionality. Financial terms were not disclosed.Ericsson has been one of Deutsche Telekom's suppliers of WDM equipment since 2005. Ericsson said its Marconi MHL...

Juniper Appoints Kevin Johnson as CEO

Juniper Network appointed Kevin Johnson as its new CEO, replacing Scott Kriens who will continue as chairman of the board and will remain active in the areas of strategy and leadership development.Johnson joins Juniper Networks from Microsoft, where he served in a range of strategic executive assignments over the course of his 16-year tenure, most recently as president of the Platforms and Services Division. Under his leadership, the division achieved...

Ixia Reports Q2 Revenue of $45.9 Million, Record Bookings

Ixia posted Q2 revenues of $45.9 million, which compares to $41.7 million in the immediately preceding first quarter of 2008 and $43.0 million in the second quarter of 2007. Net income (GAAP) was $1.8 million, or $0.03 per diluted share, compared to net income of $1.4 million, or $0.02 per diluted share, for the second quarter of 2007. "We are very pleased with our second quarter results, especially given the ongoing uncertainty with the economy. We achieved record bookings this quarter, driven by our worldwide accounts as we continued to diversify...

Telefónica Selects Ericsson as Prime Integrator for Latin America

Telefónica's has selected Ericsson to serve as its prime network integrator for its fixed and mobile operations across Latin America. Under the agreement, Ericsson will provide business consulting services including financial-risk evaluation and revenue assurance life-cycle management, supported by technical analysis. Ericsson will also provide systems integration services such as design, adaptation and integration of customized Revenue Assurance...

Qualcomm Reports Revenues $2.8 Billion, up 19% YoY

Qualcomm reported quarterly revenue of $2.8 billion, up 19 percent year-over-year and 6 percent sequentially. Net income reached $748 million, down 6 percent year-over-year and 2 percent sequentially. Diluted earnings per share came in at $0.45, down 4 percent year-over-year and sequentially.The company held cash, cash equivalents and marketable securities of approximately $11.2 billion at the end of the third quarter."We are pleased to report another strong quarter as the migration to 3G-enabled products continues to accelerate," said Dr. Paul...

Nokia and Qualcomm Reach Agreement, Settle All Litigation

Nokia and Qualcomm reached an agreement covering various standards including GSM, EDGE, CDMA, WCDMA, HSDPA, OFDM, WiMAX, LTE and other technologies. The agreement will result in settlement of all litigation between the companies, including the withdrawal by Nokia of its complaint to the European Commission.Under the terms of the new 15 year agreement, Nokia has been granted a license under all Qualcomm's patents for use in Nokia's mobile devices...

Level 3 Reports Communications Services Growth of 9% YoY

Level 3 Communications reported Q2 consolidated revenue was $1.09 billion for the second quarter 2008, an increase of 4 percent compared to $1.05 billion for the second quarter 2007. First quarter 2008 consolidated revenue was $1.09 billion. The net loss for the second quarter 2008 was $33 million, or $0.02 per share, including a $96 million, or $.06 per share gain on the sale of the company's Vyvx advertising distribution business. Core Communications Services revenue, which includes Core Network Services and Wholesale Voice Services, was $972...