Deutsche Telekom's 1H08 Revenues Decline 3% to EUR 30.1 billion

Deutsche Telekom's reported revenue for the first half of 2008 declined by three percent to EUR 30.1 billion. On an organic basis, i.e. adjusted for exchange rate effects and changes in the composition of the Group, revenue would have increased slightly by 0.3 percent to EUR 30.8 billion. At EUR 9.5 billion, the Group's adjusted EBITDA was down 0.5 percent on the previous year. On an organic basis, EBITDA would have increased by 0.5 percent to EUR...

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TANDBERG TV Supplies Encoding for Olympics Coverage

TANDBERG Television, part of the Ericsson Group, is providing a range of MPEG-4 AVC and MPEG-2 compression equipment and professional receivers to a number of major broadcast organizations across the globe including the Host Broadcaster, EBU and Televisa."With an estimated 4 billion potential viewers and 5,000 hours of coverage, the Beijing Games represent the pinnacle of broadcast television, live television and sports broadcasting rolled into one," comments Dario Choi, VP and General Manager of TANDBERG Television Asia Pacific. "With so much...

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Level 3 Supplies CDN for Germany's Sueddeutsche Zeitung

Level 3 Communications has been selected to provide content delivery services to Sueddeutsche Zeitung, one of Germany's leading national newspapers. Level 3's content delivery network (CDN) will be used to deliver all video and pictures for the newspaper's Web portal. Specifically, Level 3 will deliver caching and download services to support ongoing demand growth at http://www.sueddeutsche.de/. http://www.level3.comhttp://www.sueddeutsche...

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Huawei Cites 100% YoY Growth in UMTS/GSM Shipments in 1H 2008

Huawei Technologies reported that its UMTS and GSM transceivers (TRXs) shipments recorded over 100 percent growth in the first half of 2008 as compared to the same period last year.In the GSM space, Huawei delivered 800,000 TRXs, more than the total number of shipments for the whole of 2007 in the first six months of 2008. 400,000 TRXs were delivered in China and India alone. To date Huawei has secured 111 UMTS/HSPA commercial contracts and continues to lead the market with 25 new contracts in first half of 2008.http://www.huawei....

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Huawei Opens Training Centre in South Africa

Huawei Technologies opened its first training centre in South Africa. The facility aims to transfer skills and share expertise in next generation telecom technologies with employees, local partners and the industry. The facility is located in Woodmead. Huawei also has training facilities in Nigeria, Kenya, Egypt and Tunisia.http://www.huawei....

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Dell'Oro: China's Telecom Restructuring to Impact Mobile Infrastructure Market

The recently announced restructuring of the telecom industry in China is expected to greatly benefit the mobile infrastructure market over the next five years, according to a new report from Dell'Oro Group. According to the report, growth in China will help WCDMA market revenues and base station shipments surpass those of the GSM market in 2011."We believe the restructuring of the Chinese telecom industry will be completed by the first quarter...

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Occam Posts Q2 Revenue of $22.8 Million

Occam Networks reported Q2 revenue of $22.8 million, up 19 percent from the same quarter a year ago and up 16 percent compared with the prior quarter. The sequential increase in revenue was primarily due to higher sales to new customers. Gross margin improved to $10.1 million, or 44% of revenue, compared with $8.4 million, or 43% of revenue, for the prior quarter and with $7.1 million, or 37% of revenue, for the second quarter of 2007. Net loss (GAAP) attributable to common stockholders for the second quarter of 2008 was $2.7 million, or a loss...

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Acme Packet Posts Q2 Sales of $25.7 Million, Expands Stock Repurchases

Acme Packet reported Q2 revenue of $25.7 million compared to $27.0 million in the same period last year. Net income for the second quarter of fiscal year 2008 was $0.8 million, or $0.01 per share on a diluted basis, compared to $4.6 million, or $0.07 per share on a diluted basis, in the same period last year. The company also announced that its Board of Directors has authorized the expansion of the company's common stock repurchase program from $20.0 million to $55.0 million. The company has repurchased approximately $15.1 million of stock under...

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TokBox Raises $10 Million for Free Video Conferencing Website

TokBox, a start-up based in San Francisco, raised $10 million in series B venture funding for its web-based video communication service that offers consumers free video calling. TokBox, which launched in October 2007, lets consumers talk face to face using either a web-based client or a downloaded client. It requires no configuration. It can also be integrated into Facebook.The new funding round was led by Bain Capital Ventures. Sequoia Capital,...

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Verizon Wireless Completes Rural Cellular Acquisition

Verizon Wireless completed its purchase of Rural Cellular Corporation, doing business as Unicel, for $2.66 billion in cash and assumed debt.The acquisition will expand Verizon Wireless' licensed coverage area by 4.7 million people, and will add licenses covering markets in Maine, New Hampshire, Massachusetts, Alabama, Mississippi, Minnesota, North Dakota, South Dakota, Wisconsin, Idaho, Washington and Oregon. The company will continue to use the...

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NEC Selects Chelsio 10GbE Adapters

NEC has selected Chelsio Communications' 10-Gigabit Ethernet (10GbE) adapters and ASIC solutions as the high-speed interconnect for its SIGMABLADE Server Blades, enabling server networking, storage networking and clustering on the single platform, which is targeted at medium- and large-sized enterprise environments.NEC is utilizing Chelsio's S320EM-SB-C mezzanine card, a dual-port 10 Gigabit Ethernet (10GbE) adapter with PCI Express interface. It has the capabilities to offload TCP/IP, classification, virtualization and traffic management processing...

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