Israel's Koor Industries Confirms Talks with India's Tata

Koor Industries filed a non-binding indicative letter of intent to acquire a significant share in India's Tata Teleservices Limited. Koor's proposal is for an investment of between NIS 2 and NIS 2.5 billion.Koor Industries is a leading holding company, focusing on high-growth, internationally-oriented, Israeli companies. Its telecom investments include holdings in Telrad Networks, ECtel and Dekolink Wireless.http://www.koor.co...

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Skype Posts Q1 Revenue of $126 Million, 309 Million Registrations

In its quarterly financial report, eBay disclosed that Skype recorded $126 million in revenue for Q1 2008, representing 61% year-over-year growth. Skype added 33 million registered users in the quarter, ending the period with more than 309 million registered users around the world. Skype now has the largest registered user base within eBay's portfolio of businesses.http://www.ebay....

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Mitsubishi to Resell Sandvine

Mitsubishi will resell Sandvine's 10-Gigabit Ethernet Policy Traffic Switch (PTS) platform and policy management solutions to DSL providers in the Japanese market. Sandvine's Intelligent Broadband Network Solutions offer fixed and wireless operators traffic identification and policy management solutions.http://www.sandvine....

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Nokia Ships 115 Million Mobiles in Q1, See Q2 Decline in Euro Terms

In the first quarter 2008, Nokia's total mobile device volume reached 115.5 million units, representing 27% year on year growth and a 13% sequential decrease. The overall industry volume for the same period reached an estimated 295 million units, representing 17% year on year growth and a 12% sequential decrease. The average selling price (ASP) in Q1 was EUR 79, down from EUR 89 in the first quarter 2007 and down from EUR 83 in the fourth quarter...

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Nokia Research Center opens Lab at Helsinki University of Tech

Nokia announced the expansion of its research activities with the opening of a research "lablet" on the Otaniemi campus of Helsinki University of Technology. The joint research agenda will include: new communication technologies; innovative uses for radio and Internet connections; user interaction and applications of nanotechnology.The Otaniemi campus will also serve as a test-bed for new applications and services.At the same time, Nokia said it is looking forward to future collaboration with the new Innovation University - consisting of Helsinki...

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PMC-Sierra Posts Q1 Revenue of $125 Million, up 21% YoY

PMC-Sierra reported Q1 2008 revenues of $125.0 million, which is 21% higher than the first quarter of 2007 and a slight increase compared with $123.6 million in the fourth quarter of 2007. Net loss in the first quarter of 2008 (GAAP) was $22.7 million compared with a GAAP net loss in the fourth quarter of 2007 of $5.1 million."In the first quarter, we experienced strong demand for our fiber to the home, enterprise storage, and laser printer products," said Bob Bailey, chairman and chief executive officer of PMC-Sierra. "We believe that the overall...

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Rackable Systems Signs Japanese Distributor for Data Center Solution

Rackable Systems, which supplies servers and storage products for large-scale data centers, announced a strategic partnership with ITOCHU Techno-Solutions Corporation (CTC) to sell Rackable Systems' Eco-Logical line of servers. Under the terms of the agreement, CTC will implement Rackable Systems' energy-efficient data center solutions in their various data centers while offering Rackable Systems' solutions to their large portfolio of customers, including many of the nation's largest Internet entities. By integrating Rackable Systems' servers into...

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Opnext Introduces Wavelength Specific DWDM-XFP and X2 Modules

Opnext has begun shipping its DWDM-XFP and DWDM-X2 pluggable modules. These pluggable modules complement the existing Opnext 10Gbps DWDM 300pin and XENPAK portfolio by delivering a smaller size and power footprint to DWDM networking applications. The new wavelength specific pluggable modules are offered at ITU-T 100GHz channel spacing. Opnext said the module transmitter exceeds industry requirements of 80km of standard single-mode fiber or 1600 pico seconds of dispersion.http://www.opnext....

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Teledata Wins $12.5 Million Multiservice Access Project in Costa Rica

Teledata Networks, a supplier of multiservice access solutions, announced a $12.5 million project from ICE, Costa Rica's National Electricity and Telecommunications company, for its BroadAccess multiservice access systems supporting a variety of services, from TDM to IP. The systems will be installed all over Costa Rica, and will deliver services to both business and residential areas.http://www.teledata-networks....

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Fujitsu and Indiana University Collaborate on 40G Optical Research

Fujitsu Network Communications is collaborating with Indiana University (IU) on research about the effects that Polarization Mode Dispersion (PMD) can have on specific wavelengths traveling at 40 Gbps or more. Specifically, the Global Research Network Operations Center (GRNOC) of IU is providing dark fiber between Indianapolis and Bloomington, Indiana, plus access to patch panels, electrical power, the Internet, and physical space to conduct the tests. Fujitsu and IU collaborated on the test plan to ensure that collected data can be used to influence...

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Verizon Offers HD VOD in New York

Verizon has launched high-definition video-on-demand (VOD) service in New York. The service is already available from Verizon in California, Delaware, Florida, Indiana, Maryland, Massachusetts, New Jersey, Pennsylvania, Rhode Island, Texas and Virginia. Verizon noted that it has already has nearly doubled the number of titles in its HD on-demand library since launching the service. It plans to offer 1,000 HD VOD titles per month by the end of the year.http://www.verizon....

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Amdocs Posts Quarterly Revenue of $774 Million, Exceeding Guidance

Amdocs reported quarterly revenue of $774.3 million, an increase of 9.6% over the same period last year. The company's GAAP net income was $99.9 million, or $0.46 per diluted share, compared to GAAP net income of $87.2 million, or $0.40 per diluted share last year.Amdocs also updated its fiscal 2008 guidance: Expected revenue of approximately $3.09-$3.15 billion and diluted non-GAAP EPS of $2.31-$2.37, excluding acquisition-related costs and approximately $0.21-$0.24 per share of equity-based compensation expense, net of related tax effects. Diluted...

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Alcatel-Lucent's Bell Labs Signs R&D MOU with Korea's ETRI

Alcatel-Lucent's Bell Labs research organization has signed a memorandum of understanding (MOU) with the Korean Ministry of Knowledge Economy's Electronics and Telecommunications Research Institute (ETRI) to cooperate in R&D projects. This planned joint research activity is expected to focus on:advanced optical communications and network applications;wireless technologies, networks and applications; andfundamental studies in the enabling sciences,...

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