Swedish Post and Telecom Agency Awards Spectrum Licenses

The Swedish Post and Telecom Agency announced five winning bidders in its auction of spectrum auction in the 2.6 GHz band. The total amount for all assigned licenses is SEK 2,099,450,000 (approximately EUR 226 millions). The auction involved 112 rounds of bidding over 16 days. The money will go to Sweden's national treasury.The licenses in the 2.6 GHz band are technology and service neutral and may be used for, e.g., mobile telephony or wireless...

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TELE Greenland Deploys Cisco ASR 1000

TELE Greenland A/S, the telecommunications, and postal services provider for Greenland, is transforming its data network into an Internet Protocol Next-Generation Network (IP NGN) to deliver broadband Internet access, telephone and video entertainment services to more than 24,000 subscribers. The deployment includes the new Cisco ASR 1000 Series router. The network transformation will be implemented by NetDesign, a Cisco Gold Certified Partner.http://www.cisco....

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Occam Networks Posts Q1 Revenue of $19.7 Million

Occam Networks reported Q1 2008 revenue of $19.7 million, up 4 percent from the same quarter last year and down 8 percent compared with the prior quarter, reflecting first-quarter seasonality. Net loss (GAAP), was $4.5 million, or a loss of $0.23 per basic share, compared with a $4.6 million net loss or $0.23 per basic share for the fourth quarter of 2007 and with net income of $29,000, or $0.00 per basic share, for the first quarter of 2007. The GAAP net loss for the first quarter of 2008 included a write-down of $0.9 million for the divestiture...

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DT Reports Increased Profit, Fixed Line Losses, Mobile Gains, More Competition

Deutsche Telekom reported net revenue of EUR 15.0 billion for Q1 2008, representing a year-on-year decrease of 3.1 percent, impacted by the decline in revenue in the Broadband/Fixed Network and Business Customers segments due to conventional line losses, the move to flat-rate plans and increased price competition for broadband services. Domestic revenues decreased by 6.1 percent. Adjusted EBITDA of the Group remained stable at EUR 4.7 billion, as...

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Korea Telecom Selects Tektronix's GeoProbe Network Assurance

Korea Telecom (KT) has selected Tektronix Communications' GeoProbe Network Assurance solution to test the deployment of new call-related services on their intelligent network. Specifically, GeoProbe will be used by KT to proactively monitor, manage, diagnose and troubleshoot issues before, during and after the launch of new services over their intelligent network. GeoProbe's real-time and historical multi-protocol call trace and online analytical processing report features will provide KT an end-to-end monitoring approach, allowing them to view...

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Marvell Settles Stock Option Case with the SEC

Marvell reached a settlement with the Securities & Exchange Commission ("SEC") in connection with its past stock option granting process. Without admitting or denying the allegations in the SEC's complaint, the company agreed to settle the charges by consenting to a permanent injunction against any future violations of various provisions of the federal securities laws. Marvell will also pay a civil penalty of $10 million in connection with the settlement.In a related agreement, Weili Dai, one of the company's co-founders, also entered into...

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Vonage Reports Q1 Growth, Teams with Covad

Vonage's Q1 revenue grew to a record $225 million, up 15% from $196 million in the first quarter 2007 and up 4% sequentially, driven by an increase in subscriber lines and higher average revenue per user. There was a GAAP net loss of $9 million or $0.06 per share, down from a loss of $72 million or $0.47 per share reported in the first quarter 2007. Some highlights:Average monthly revenue per line in the first quarter 2008 was $28.85, up from $28.31 in the year-ago quarter and $28.19 reported in the fourth quarter 2007. Average monthly telephony...

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Sonus Posts Q1 Revenue of $74.0 Million

Sonus Networks reported Q1 2008 revenue of $74.0 million, compared with $97.1 million in the fourth quarter of fiscal 2007 and $71.1 million for the first quarter of fiscal 2007. Net income on a GAAP basis for the first quarter of 2008 was $0.6 million, or $0.00 per diluted share, compared to GAAP net income of $14.1 million, or $0.05 per diluted share, for the fourth quarter of 2007, and a GAAP net loss of $4.0 million, or $0.02 per share, for the first quarter of 2007."Our first quarter results demonstrate the diversity of our business and a...

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