07/27/08 ~ Converge! Network Digest

Sunday, July 27, 2008

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

Sunday, July 27, 2008 Last Mille

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

Sunday, July 27, 2008 Start-ups

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

Sunday, July 27, 2008 Financial

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

Sunday, July 27, 2008 BroadbandWireless

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

Sunday, July 27, 2008 Financial

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

Sunday, July 27, 2008 Wi-Fi

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

Sunday, July 27, 2008 Packet Systems

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

Sunday, July 27, 2008 Service Providers

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...