KPN Commences EUR 1 bn Share Repurchase Program

KPN has commenced a EUR 1 billion share repurchase program for 2009. In order to meet the interests of both shareholders and bondholders, KPN said it is committed to its self-imposed financial framework with a net debt to EBITDA ratio between 2.0x and 2.5x. Net debt to EBITDA stood at 2.4x at the end of Q3 2008 and is expected to be lower by the end of 2008.http://www.kpn....

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AT&T Wins $346 Million Managed Service Contract with State of Georgia

AT&T was awarded a five-year contract with the Georgia Technology Authority (GTA) worth a projected $346 million to provide managed WAN, Voice, and LAN services across state government agencies. The extensive managed network services contract is expected to establish a more robust and efficient network for Georgia's government operations, a centralized management model and standardized service levels across the state. In addition, the contract...

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Cavium to Acquire W&W for Video Processor

Cavium Networks agreed to acquire W&W Communications, a fabless semiconductor start-up based in Sunnyvale, California, for approximately $19.3 million. W&W specializes in low power, super low latency and full-High Definition video processing solutions with single and multi-stream capabilities. The company provides a range of chips, software and board level solutions for single and multi-channel, High and Standard Definition H.264 applications...

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Cisco Appoints Head of Brazil Operations

Rodrigo Abreu has been appointed as country manager for Cisco Brazil, effective December 15. Mr. Abreu joined Cisco three years ago and for the last two years has served as regional manager for the Cansac region. He replaces Pedro Ripper, who has decided to join one of Brazil's leading service providers, after five years with Cisco.http://www.cisco....

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STMicroelectronics Joins MIT's Ultra-Low-Power Microcontroller Program

STMicroelectronics has joined the Microsystems Industrial Group (MIG) industry consortium at the Microsystems Technology Laboratories (MTL), Massachusetts Institute of Technology. MIG was founded in the 1980s to support Microsystems Technology Laboratories infrastructure and provide direction to the MTL research and educational objectives in consultation with the faculty. ST is the first European company to join the group."ST is a leader in the development of low-power technologies that can reduce power dissipation in embedded System-on-Chip solutions,...

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BridgeWave's Gigabit Wireless Complies with New ETSI Recommendation

BridgeWave Communications' 80 GHz multi-gigabit wireless links have been demonstrated to comply with the new European Telecommunications Standards Institute (ETSI) Draft Recommendation EN 302 217-3 V1.3.1 on its first day of publication. This is the first released version of this Recommendation to include specifications for equipment operating in the new 80 GHz millimeter-wave spectrum band that enables point-to-point wireless systems to deliver multi-gigabit capacity with ultra-low latency.BridgeWave's 80 GHz wireless link products have been tested...

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First Transatlantic 40 Gbps Single Wavelength Transmission Completed

The first transatlantic transmission of a 40 Gbps IP wavelength (OC768/STM256) was successfully demonstrated by Sprint, in collaboration with the TAT-14 cable system consortium, TeliaSonera International Carrier, and Sweden's research and education network (SUnet). This trial was also enabled through close collaboration between Cisco Systems and StrataLight Communications.Spanning more than 9,000 km of fiber distance, the circuit includes a 7,630 km segment of transatlantic submarine TAT-14 cable system between Sea Girt, N.J. and BlAbjerg, Denmark....

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