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.http://www.thomson.net

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 2.8 billion MHz-pops of 2.3 GHz WCS spectrum, 972 million MHz-pops of 2.5 GHz BRS/EBS spectrum, and 348 million MHz pops of AWS spectrum. In addition the company has 5.9 billion MHz-pops of spectrum in Europe, Canada, and South America.http://www.nextwave.com
  • In July 2008, 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 2.8 billion MHz-pops of 2.3 GHz WCS spectrum, 972 million MHz-pops of 2.5 GHz BRS/EBS spectrum, and 348 million MHz pops of AWS spectrum. In addition the company has 5.9 billion MHz-pops of spectrum in Europe, Canada, and South America.


  • In April 2008, NextWave announced that it had retained Deutsche Bank and UBS Investment Bank to sell its U.S. spectrum assets. The company has also retained Canaccord Adams to sell its Canadian spectrum assets.


  • Also in April, NextWave Wireless announced its NW2000 Wave 2-ready family of second-generation mobile WiMAX chipsets designed for high-volume, small form-factor wireless broadband subscriber stations, including CPE modems, PC card modems, laptops, multimode/smartphone handsets and mobile multimedia terminals.

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 3000 solution enables Deutsche Telekom to implement a highly efficient IP network with 40 Gbps connections on the existing ROADM infrastructure. The platform can deliver up to 80 channels. Different modulation formats are used to provide the optimum cost performance depending upon the network application.http://www.ericsson.com

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 record breaking results with over $20 billion in revenue in fiscal year 2008. In addition to leading the Windows business, Mr. Johnson focused on building Microsoft's position as a leader in online advertising and evolving its "software + services" strategy.


"The Juniper team has been at the heart of the success we have realized since the founding of the company in 1996, and Scott has been at the center of that team with me since those early days," commented Pradeep Sindhu, founder and chief technology officer of Juniper Networks.http://www.juniper.net

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 and grow our customer base. We increased bookings over the first quarter in all of our major geographic regions and customer segments due in part to the recent investments we have made in our sales and marketing teams," commented Atul Bhatnagar, Ixia's President and Chief Executive Officer.http://www.ixiacom.com

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 solutions for Telefónica's Latin American operations. Financial terms were not disclosed.


Ericsson said its services will enable Telefónica to gain greater control of its operations and prevent the recurrence of inconsistencies that adversely affect revenue.http://www.ericsson.com

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 E. Jacobs, chief executive officer of Qualcomm. "We delivered record revenues, up 19 percent year-over-year, and our pro forma earnings per share were at the high end of our prior estimate.http://www.qualcomm.com

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 and Nokia Siemens Networks infrastructure equipment.


Further, Nokia has agreed not to use any of its patents directly against Qualcomm, enabling Qualcomm to integrate Nokia's technology into Qualcomm's chipsets.


The financial structure of the settlement includes an up-front payment and on-going royalties payable to Qualcomm. Nokia has agreed to assign ownership of a number of patents to Qualcomm, including patents declared as essential to WCDMA, GSM and OFDMA. The specific terms are confidential.


"We believe that this agreement is positive for the industry, enabling the market to benefit from innovation and new technologies," said Olli-Pekka Kallasvuo, CEO of Nokia Corporation. "The positive financial impact of this agreement is within Nokia's original expectations and fully reflects our leading intellectual property and market positions."


Separately, Qualcomm issued a statement raising its fiscal 2008 revenue and earnings guidance. Qualcomm now anticipates its Q4 revenues to be approximately $2.5 to $2.7 billion, with pro forma diluted earnings per share (EPS) to be approximately $0.49 to $0.51. The company anticipates the shipment of approximately 84 to 87 million Mobile Station Modem (MSM) chips during the quarter, compared to approximately 68 million MSM chips shipped during the year ago quarter. We estimate June quarter shipments of approximately 114 to 118 million CDMA devices (CDMA2000 and WCDMA) at an estimated average selling price of approximately $215 per unit. Approximately 89 million CDMA devices were shipped in the year ago quarter.


"Global demand for 3G continues at a rapid pace as consumers, operators and manufacturers benefit from a wide variety of competitively priced, feature-rich devices," said Dr. Paul E. Jacobs, chief executive officer of Qualcomm. "In calendar year 2008, we continue to see approximately 30 percent year-over-year growth for CDMA-based device shipments. The fundamental drivers of our business remain strong, and we are raising our fiscal 2008 revenue and earnings per share estimates."http://www.nokia.comhttp://www.qualcomm.com

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 million in the second quarter 2008, an increase of 9 percent over $888 million in the second quarter 2007.


"Our strong second quarter results reflect Core Network Services growth and our continued focus on reducing network costs and operating expenses," said James Crowe, president and CEO of Level 3. "We generated positive Free Cash Flow and now expect to be Free Cash Flow positive for the remainder of the year. And as previously announced, we expect to be Free Cash Flow positive for the full year 2009."11 million.http://www.level3.com

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, Inc. 'This is a testament to the strength of our product cycles, the power of our portfolio strategy and the expanded opportunities made possible by the early success of the EX-series, which together serve to underscore our improved outlook for the second half of the year.'

http://www.juniper.net

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 said it is focused on delivering not just a database, but a data platform. A leader in data warehousing and business intelligence (BI), Microsoft SQL Server includes comprehensive, tightly integrated functionality for data management as well as advanced BI out of the box. SQL Server delivers on Microsoft's vision for pervasive BI by providing capabilities for large-scale data warehousing, rich interoperability with Microsoft Office, and enhanced functionality for Microsoft's BI solutions. SQL Server is a key element of the broader Microsoft Application Platform, a portfolio of technology capabilities and core products that help organizations develop, deploy and manage dynamic applications and IT infrastructure.


"Microsoft SQL Server 2008 delivers enterprise-class capabilities in business intelligence and data warehousing, and the addition of the DATAllegro team and its technology will take our data platform to the highest scale of data warehousing," said Ted Kummert, corporate vice president of the Data and Storage Platform Division at Microsoft.http://www.datallegro.comhttp://www.microsoft.com
  • In May 2008, DATAllegro announced the closing of its “Series D�? round of funding totaling $19.6 million. The round was led by an affiliate of the Hillman Company. All other venture capital groups from previous rounds of funding, including Adams Capital Management, Focus Ventures, Intel Capital, JAFCO Ventures, Palomar Ventures and Venrock Associates, met or exceeded their pro rata.