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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Juniper Posts Q2 Revenue of $879 Million, Up 32% YoY

Juniper Networks reported Q2 revenue of $879.0 million, up 32% from Q2 2007, and GAAP net income of $120.4 million, or $0.22 per diluted share. Juniper's operating margin for the second quarter of 2008 rose to 18.3% on a GAAP basis from 13.0% in the same quarter a year ago. Non-GAAP operating margin for the second quarter of 2008 rose to 23.6% from 20.4% in the second quarter of 2007. 'We're very pleased with the solid results we have delivered for the first half of 2008,' stated Scott Kriens, chairman and chief executive officer, Juniper Networks,...

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Microsoft to Acquire DATAllegro for Data Warehousing Appliance

Microsoft agreed to acquire DATAllegro, a supplier of data warehouse appliances, for an undisclosed sum.DATAllegro has specialized in large-volume, high-performance data warehouse appliance installations that boast some of the largest data volume capacities in the industry -- up to hundreds of terabytes on a single system. DATAllegro clients span such markets as retail, telecommunications and manufacturing. The company is based in Aliso Viejo, California.Microsoft...

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