Wednesday, February 4, 2009

Verizon CFO Doreen Toben to Retire in 2009

Doreen A. Toben, executive vice president and chief financial officer of Verizon Communications, plans to retire around mid-year 2009. A successor to Toben will be named shortly. As CFO since 2002, Toben has been involved in virtually all of Verizon's strategic initiatives and significant decisions, including its investments in wireless broadband, fiber to the home and global Internet backbones. Prior to being CFO, Toben was senior vice president...

Avanex Posts Q4 Revenue of $38 Million, down 16% Sequentially

Avanex reported net revenue of $38.0 million for its second quarter of fiscal 2009 (ending 31-Dec-08) , a decrease of 16.1 percent from $45.3 million in the first quarter of fiscal 2009, and a decrease of 26.9 percent from $52.0 million in the same period last year. Gross margin in the second quarter of fiscal 2009 was 15.4%, a decrease from 17.2% in the first quarter of fiscal 2009, and a decrease from 31.0% in the same period last year. Net loss in the second quarter of fiscal 2009 was $16.8 million, or ($1.08) per diluted share, compared with...

Ixia Reports Q4 Revenue of $41 Million

Ixia reported Q4 2008 revenue of $41.0 million compared to $46.4 million in the 2007 fourth quarter. For the 2008 full year, total revenues increased to $175.9 million from $174.1 million in 2007. Ixia recorded a net loss (GAAP) for the 2008 fourth quarter of $18.3 million, or $0.29 per share, compared to net income of $4.4 million, or $0.06 per diluted share, for the 2007 fourth quarter. The company's 2008 fourth quarter net loss includes an impairment charge of $15.8 million for the write down of auction rate securities. The company's 2008 fourth...

Tata Communications Tests GSMA IP eXchange with TELUS and Telekom Austria

Tata Communications has completed trials of its wireless IP interconnection technology, part of the international GSM Association's program to develop the next generation of wireless services. The Tata Communications trial verified its IP eXchange framework can interconnect wireless networks over IP, which is more efficient and flexible than the traditional Time-Division Multiplexing technology.Tata Communications' trials were part of the GSMA's...

EXFO Offers Packet-OTN Test Suite

EXFO Electro-Optical Engineering has added an Ethernet-over-OTN (EoOTN) and an advanced OTN analysis test suite to its FTB-81xx Transport Blazer and Power Blazer lines of test modules.The FTB-8130NG Transport Blazer and the FTB-8130NGE Power Blazer modules provide the ability to test Ethernet-over-OTN (EoOTN) through the generation and mapping of 10 GigE LAN traffic directly into OTU1e and OTU2e payloads, allowing network operators to efficiently test next-generation carrier Ethernet core transport networks. In addition, the FTB-8120/8120NG/8120NGE...

Motorola PKI Center Selected as Root Certificate Vendor for WiMAX Forum

Motorola's public key infrastructure (PKI) Center of Excellence in San Diego has been selected by the WiMAX Forum(R) to be a root certificate authority for WiMAX devices worldwide. Devices that will connect to a WiMAX network - such as cell phones, laptop computers and portable media players - are generally required to have a device certificate in order for that device to be authenticated and then become functional on that network.Motorola's PKI Center has produced more than 650 million certificates since inception. 180 million certificates were...

Carbonite Expands to New Data Center in Boston

Carbonite, which offers online backup services for consumers and small businesses, opened a new data center in a collocation facility operated by Internap Network Services Corporation. As the anchor tenant of Internap's newest Boston-area data center, Carbonite's storage capacity will more than triple. The new facility is located in Somerville.Carbonite said its revenue and customer base both tripled last year. Since its inception in 2006, Carbonite has backed up more than 25 billion files and restored more than 2 billion files. http://www...

Broadcom's Wireless Chips Support Android Mobile Platform

The software that controls Broadcom's Wi-Fi/Bluetooth/FM combination silicon is a standard component of the latest Android operating system. Broadcom said this is the first time that the Android platform includes native support for a multi-functional wireless connectivity solution (or "combo" chip). Open access to portions of Broadcom's combo drivers provides Android developers with a head-start in designing mobile devices and applications that utilize...

JDSU Transfers its Shenzhen Manufacturing to Sanmina-SCI

Sanmina-SCI, a leading electronics manufacturing services (EMS) provider, will acquire certain manufacturing assets, inventories, and employees related to JDSU's operations in Shenzhen, China. As part of the agreement, Sanmina-SCI will build on JDSU's Shenzhen operations to offer New Product Introduction (NPI) and manufacturing services for advanced optical products. Sanmina-SCI intends to produce and deliver orders without any interruption to JDSU and its customers. JDSU will continue to maintain corporate functions and product development in...

UPnP Specifications Gain ISO Validation

UPnP technology has attained worldwide recognition by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). In December 2008, ISO and IEC published an international standard version of the UPnP Device Architecture and Device Protocols. The UPnP Forum said this validation as the world's first international standard for device interoperability on IP networks solidifies UPnP architecture's...

Qwest Offer Personal Digital Vault Back-up Service

Qwest has begun offering an online back-up service for its High-Speed Internet customers.Qwest Personal Digital Vault offers encrypted, offsite protection. All new and existing Qwest High-Speed Internet customers are provided 2GB of free online vault space. Customers can sign up for 50GB of vault space for $6.99 per month or unlimited vault space for $9.99 per month. Customers who purchase a 12-month term for 50GB or unlimited vault space save more than 15 percent on the monthly rates. http://www.qwest....

Verizon Business Wins $120.8 million Contract with the U.S. GSA

Verizon Business won a contract valued at up to $120.8 million with the U.S. General Services Administration to provide a range of local voice and data services to federal agencies in five Mid-Atlantic states. The agreement, known as the Mid-Atlantic Local Services Acquisition (LSA) contract, covers three years and four renewable option years. Under terms of the deal, the GSA and other federal agencies in the Mid-Atlantic region - which covers...

Philadelphia Approves Verizon's FiOS Franchise

The Philadelphia City Council unanimously approved an ordinance authorizing Verizon Pennsylvania to offer its all-fiber-optic FiOS TV service to city residents. As part of the 15-year cable franchise included in the legislation, Verizon will make FiOS TV available throughout the city over the next seven years. http://www.verizon.comIn December, Verizon made a pitch to the Philadelphia City Council Committee on Public Property and Public Works to...

Opnext Quarterly Revenue Declines 12% to $70.5 Million

Opnext's sales decreased $9.7 million for the fiscal quarter ending in December, or 12.1%, to $70.5 million from $80.2 million in the quarter ended September 2008. The decrease affected all product lines except XFP products. There was a net loss of $14.5 million, or $(0.23) per diluted share, as compared to net income of $1.2 million, or $0.02 per diluted share, for the quarter ended September 30, 2008, and $4.3 million, or $0.07 per diluted share, for the quarter ended December 31, 2007.Sales of 10Gbps and above products decreased $8.9 million,...

Softbank Sees Mobile Growth Outpace Competitors

Softbank Japan reported nine month net sales of 1,982.2 billion yen, a decrease of 76.5 billion yen or 3.7% year-on-year. The principal reason was a 23% year-on-year decline in handset sales. Operating income was 274.6 billion yen, an increase of 14.5 billion yen or 5.6% increase year-on-year. Some highlights:MobileTotal number of subscribers as of the end of December 2008 was 19.99 million yen (1.41 million yen increase from the end of the previous...

NTT Reaches 10.6 Million Residential Optical Access Lines

Japan's NTT Group reported nine-month revenues of 7.73 trillion yen, down 1.1% from a year earlier. Profits rose to 544.08 billion yen ($6.05 billion) compared to 322.22 billion yen a year earlier.Employment levels remained steady at 208,050 across all NTT division, compared to 209,050 a year earlier.Capital investment rose to 1.491 trillion yen, compared to 1.383 trillion year a year earlier. At NTT DoCoMo, capital spending came in at 500.5 billion...