Tuesday, October 28, 2008

Qwest Reports Mixed Q3 Results, Announces 1,200 Job Cuts

Qwest Communications reported Q3 net revenue of $3.4 billion, a decline of 2 percent year over year but flat with the second quarter of 2008. Q3 net income was $151 million, or $0.09 per diluted share. This compares to net income of $2.1 billion, or $1.08 per diluted share, during the same period in 2007. The year-ago period results included a one-time tax benefit of $2.1 billion and a $353 million charge for legal matters. The current quarter net income includes a charge of $63 million for severance and a lease restructuring benefit of $33 million....

MetaSwitch and Data Connection Report Record Revenue

Data Connection Ltd (DCL) announced record revenues of $118.1 million for the fiscal year ending August 31, 2008, an increase of 15.4% year-over-year, making the company profitable for the 27th consecutive year. The company's MetaSwitch division grew 22% compared to the same period last year, and now accounts for 78% of the total revenue. Growth was driven both by larger Tier 1 carrier deployments and continued expansion of the customer base, to a total of more than 400 service provider and 250 OEM customers."Clearly we and our customers are subject...

GMI 2008 Tests Six NGN Scenarios

GMI 2008 -- the MultiService Forum's (MSF) massive biennial interoperability event spanning three continents -- is currently underway with twenty-two vendor participants and some 225 devices under test. This year's event reflects the growing role of IMS in enabling network service integration. A particular emphasis on emerging IPTV applications has been underlined by the co-operation between the MSF and the Alliance for Telecommunications Solutions...

ShoreTel's Revenue Rises to $35.9 million

ShoreTel, which supplies Unified Communications (UC) solutions, reported revenue for its first quarter of fiscal year 2009 of $35.9 million, an increase of 12 percent over the first quarter of fiscal year 2008 and a three percent increase over the prior quarter. GAAP net loss was $2.2 million, or $(0.05) per share, compared to GAAP net income of $2.6 million, or $0.06 per diluted share, reported in the first quarter of fiscal year 2008. GAAP net loss in the first quarter of fiscal year 2009 included $2.7 million in stock- based compensation expenses,...

Comcast Delivers Solid Q3 Results, Revenue hits $8.5 Billion

Comcast 's revenue increased 10% in the third quarter of 2008 to $8.5 billion, while Operating Cash Flow increased 10% to $3.2 billion and Operating Income increased 20% to $1.7 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.Some highlights for Q3: VideoBasic video subscribers declined 147,000 or 0.6% sequentially during the third quarter.Added...

Motorola Opens Broadband Wireless Lab in Malaysia

Motorola has set up a new MMU-Motorola Wireless Broadband Technology Lab at Multimedia University ("MMU"), Cyberjaya, providing a conducive wireless network environment for students and faculty members to conduct applied research on the latest wireless broadband technologies. The Wireless Broadband Technology Lab is the first of its kind in Malaysia and supports MMU's goal to "Enable the Knowledge Society through WiMAX".Motorola is providing its MOTOwi4 wireless broadband equipment, including Canopy, MOTOMESHTM Duo, wi4 WiMAX access points and...

Australia's AAPT Selects Alcatel-Lucent to Merge Networks

AAPT, one of Australia's three largest telecommunications companies and part of the Telecom New Zealand Group, has selected Alcatel-Lucent's IP/MPLS Terabit Service Router Platform. AAPT, which merged with PowerTel in 2007, is consolidating its two network platforms increasing capacity and enhancing the overall flexibility of the network. This project is expected to be completed in May 2009. Financial terms were not disclosed.Alcatel-Lucent will deploy its IP/MPLS Terabit Service Routing portfolio including the 7450 Ethernet Service Switch...

Japan's WILLCOM Selects Alcatel-Lucent IP Routers

WILLCOM, which provides mobile communications using PHS (Personal Handyphone System) to some 4.6 million subscribers (as of end of January 2008), has selected Alcatel-Lucent's IP service router portfolio as the foundation for its wireless IP network. The Alcatel-Lucent service routers will enable WILLCOM to support increased traffic growth and new advanced service features required for the commercial launch of their next-generation wireless services, eXtended Global Platform (XGP) in October 2009.Alcatel-Lucent deployed its 7750 and 7710 Service...

Cox Adds Caller ID-to-the-TV

Cox, which ranks as the third largest cable operator (6.2 million customers) and the eighth largest phone company in the U.S. with more than 3 million residential and business telephone customers, introduced a Caller ID to the TV capability. TV Caller ID is currently offered in Oklahoma City, Okla., at no additional cost to Cox customers who subscribe to Cox Digital Telephone with Caller ID and Cox Digital Cable. The capability will be expanded to additional markets in 2009.http://www.cox....

Bell Canada's Q3 Revenue Rises 1.8%

Bell Canada's Q3 revenue rose 1.8% to $3.8 billion while EBITDA was up 2.4%. Bell's operating income was $451 million, or 34% lower than last year due to restructuring and other charges of $320 million this quarter. These charges include amounts for workforce reduction initiatives, the proposed privatization transaction, and the relocation of employees and the closing of real estate facilities. Adjusted for these charges, Bell's operating income grew by 3.6%.Some highlights:The Bell Wireless segment had 113,000 postpaid net activations, or 49%...

Alcatel-Lucent Names Robert Vrij as Head of the Americas Region

Alcatel-Lucent has appointed Robert Vrij as head of the Americas Region. Vrij will report to Alcatel-Lucent CEO Ben Verwaayen and will be responsible for overseeing all of the company's sales and operations in North America and CALA (Caribbean and Latin America.) He will be a member of the company's management committee and his office will be in Murray Hill, New Jersey, the headquarters for the Americas region.Most recently, Vrij was president and chief executive officer of Openwave Systems where he reduced total expenses in excess of 30%, improved...

AT&T Installs Energy-Saving Software on its Own PCs

AT&T is installing NightWatchman PC power management software from 1E on 310,000 desktop computers across its domestic operations to help improve energy efficiency. AT&T said that powering down its corporate PCs during non-work hours would save more than 135 million kilowatt hours of electricity a year and eliminate 123,941 tons of carbon dioxide emissions -- equivalent to the electricity required to power 14,892 homes.http://www.att.com/...