ITU Appoints BT Exec to Chair Climate Change Group

BT's Dr Dave Faulkner has been selected by the International Telecommunication Union (ITU) to chair a new Focus Group examining the impact of information and communication technology (ICT) on climate change. img border="0" src="https://dl.dropbox.com/u/11402824/CND/itu-climate.jpg" align="right">The new group will focus in particular on the reduction of ICT emissions and how ICTs can assist in cutting emissions in other industry sectors such as energy, transportation and buildings. The ICT sector is seen as a major part of the solution to climate...

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Qwest Now Offering Verizon Wireless Services

Qwest Communications is now offering Verizon Wireless services to all new residential and business customers in its residential service area. The companies announced a five-year agent earlier this year.http://www.qwest....

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Corning Announces $1 Billion Stock Repurchase Plan

Corning's board of directors and executive committee have approved the repurchase of up to $1 billion of common stock between now and the end of 2009. This is in addition to last year's $500 million repurchase authorization of which $125 million remains.Separately, Corning reported Q2 sales of $1.69 billion, up 19% year over year. Earnings per share were $2.01, including a $2.429 billion net special gain primarily related to the release of U.S. deferred tax asset valuation allowances.Telecommunications segment sales in the second quarter were...

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Tiscali International Network To Expand via Equinix's European Centers

Tiscali International Network (TINet), which specializes in wholesale IP-MPLS market, selected Equinix as a strategic partner for the expansionof its European network. The expansion will occur initially from Equinix's Frankfurt and Paris Internet Business Exchange (IBX) data centers.TINet offers IP Transit, MPLS lines and long distance Ethernet services to major service providers in North America, Hong Kong, Singapore and across Europe. TINet has...

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Crescendo Raises $9.5 Million for Web Application Acceleration

Crescendo Networks, a start-up based in Israel, secured $9.5 million in third round funding for its web application acceleration solutions. Crescendo Networks features a multi-tier application architecture that improves the operation of existing application infrastructure. The company was founded in 2002.The Challenge Fund -- Etgar II L.P. participated in the current financing and joined current investors, Evergreen Venture Partners, Apax Partners, Magma Venture Partners, StageOne Ventures and Convergent Capital. The company has now raised $36.2...

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Internet2 to Provide Dedicated 10Gbps to GENI Effort

Internet2 has agreed tol donate a 10 Gbps dedicated circuit on its national backbone to support the GENI Project Office (GPO), located at BBN, and its subcontractors as they build and test prototypes of the GENI system. GENI subcontractors and developers will be able to access the circuit at every connection point on the network to enable nationwide collaboration on GENI prototypes. GENI is envisioned as a national data communications laboratory, supporting experiments on a wide variety of advanced research in communications, networking, distributed...

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Australia's Foxtel Selects NDS to Power Quad Tuner HD DVR

FOXTEL, which delivers subscription TV via cable and satellite to more than 1.5 million homes in Australia, has selected NDS XTV DVR technology to power its new FOXTEL iQ2 High Definition quad tuner DVR. NDS has also developed a next-generation EPG for the FOXTEL iQ2 and carried out the systems integration for the launch of FOXTEL's HD services. NDS XTV technology allows subscribers to pause, record, play back, rewind and fast forward their TV programs for viewing when they choose.http://www.nds....

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Verizon Business Wins Mobile Managed Service Bid

Verizon Business was awarded a new managed services contract to help the U.S. Department of Interior manage and track the expenses for more than 22,000 mobile devices. Under the two-year deal, worth up to $15 million if all three additional one-year optional extensions are exercised, Verizon Business will provide expense-management services for mobile phones, personal digital assistants and other wireless devices used by the Interior Department,...

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Harris Stratex Networks to Restate Financials, Trim Expenses

Harris Stratex Networks will need to restate prior period financial statements. The company also announced that the earnings release for the fourth quarter of fiscal 2008, which ended June 27, 2008, will be rescheduled.The company noted strong revenue of approximately $188 million for the quarter. Total revenue for the year is expected to increase by approximately 10 percent compared to previously reported combined company results for fiscal 2007. All three business segments -- North America Microwave, International Microwave and Network Operations...

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ARRIS Posts Q2 Revenues of $281.1 million

ARRIS reported Q2 revenues of $281.1 million, an increase of $7.6 million or 2.8% , as compared to first quarter revenues of $273.5 million. Second quarter 2008 gross margin was $92.9 million, or 33.0%, as compared to $85.2, or 31.2%, in the first quarter 2008 and $72.4 million, or 28.6%, in the second quarter 2007. Order backlog increased to $206.0 million at the end of the second quarter as compared to $147.0 million at the end of the first quarter. Book-to-bill ratio in the second quarter was 1.21. GAAP net income in the second quarter 2008...

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Telecom Liechtenstein Deploys VDSL2 with Ericsson

Telecom Liechtenstein has selected Ericsson to upgrade and expand its ADSL network with VDSL2 technology. Ericsson will also provide support over the next three years. The deal will bring high-speed broadband to Telecom Liechtenstein subscribers across the country. Financial terms were not disclosed.http://www.ericsson....

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Comcast Revenue Rises to $8.6 billion, up 11%

Comcast reported Q2 revenue of $8.6 billion, an increase of 11% of the same period last year. Operating Income increased 19% to $1.8 billion. This growth was due to solid operating results at Comcast Cable and in the Programming segment, as well as the positive impact of cable acquisitions. "We delivered solid results in the second quarter of 2008, highlighting the strength of our businesses even in a challenging economic environment. We continue...

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One Minute Video: What is E-Line?

One Minute Video presented by Dr. Hans-Juergen Schmidtke -- What is E-Line?Jargon Bus...

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