Monday, April 27, 2009

Tellabs Reports Q1 Revenue of $362 Million

Tellabs' first-quarter 2009 revenue totaled $362 million, down 22% compared with $464 million in the first quarter of 2008. Tellabs earned $7 million or 2 cents per share on a GAAP (U.S. generally accepted accounting principles) basis, compared with $17 million or 4 cents per share in the year-ago quarter.GAAP gross profit margins were 44.2% in the first quarter of 2009, higher than in any quarter since the third quarter of 2006. "Tellabs continues to focus on improving profitability - both our customers' and our own - by helping customers generate...

Level 3 Reports Post Q1 Revenue of $980 million, 150 Job Cuts

Level 3 Communications reported consolidated revenue of $980 million for the first quarter 2009, compared to consolidated revenue of $1.09 billion for the first quarter 2008. Total Communications Revenue for the first quarter 2009 was $962 million, versus $1.07 billion for the first quarter 2008.The net loss for the first quarter 2009 was $132 million, or ($0.08) per share, which compared to a net loss of $190 million, or ($0.12) per share for the...

Comcast Launches 50 Mbps DOCSIS 3.0 in Boston

Comcast has launched DOCSIS 3.0 service for small- and medium-sized businesses in the Greater Boston area, offering speeds of up to 50 Mbps.Starting this week, Comcast will offer two new tiers of wideband service - Deluxe at 50 Mbps ($190 per month) and Premium at 22 Mbps ($100 per month) -- to small and medium-sized businesses in more than 300 communities in Massachusetts and Southern New Hampshire. http://www.comcast....

Online Video Surges 11% in March over February

U.S. Internet users viewed 14.5 billion online videos during the March, representing an increase of 11 percent versus February, according to the latest data from the comScore Video Metrix service.In March, Google Sites once again ranked as the top U.S. video property with 5.9 billion videos viewed (40.9 percent online video market share), with YouTube.com accounting for more than 99 percent of all videos viewed at the property. Fox Interactive Media...

Green Packet and GCT Semiconductor Target Wi-Fi-WiMAX Roaming

GCT Semiconductor, which supplies mobile WiMAX silicon, and Green Packet, adeveloper of next generation mobile broadband and networking solutions, announced a strategic collaboration to offer a seamless solution for wireless devices to roam between WiFi and WiMAX networks.The solution includes GCT's single-chip supporting both mobile WiMAX IEEE 802.16e Wave 2 and WiFi 802.11 b/g, and Green Packet's Intouch Connection Manager (CM) software. Green Packet's software combines intelligent connection management, seamless connectivity between different...

Juniper Networks and IBM Extend Alliance

Juniper Networks and IBM announced plans to broadden their relationship. Specifically in the data center, IBM has included Juniper Networks switching, routing and security products into their data center network portfolio with IBM serving in the role of systems integrator.The two companies have recently demonstrated how enterprises can seamlessly extend their private data center clouds. The demonstration between Silicon Valley and Ireland showed...

IBM to Resell Brocade Enterprise IP Networking Portfolio

IBM has agreed to rebrand and sell the Brocade enterprise IP networking family of products through the IBM global sales force and authorized IBM Business Partners. The OEM deal extends the existing relationship between Brocade and IBM for storage area networking (SAN) products. Initially, IBM plans to sell the following Brocade IP networking product families under the OEM agreement, with additional products to be added over time. IBM will offer...

Bytemobile Releases Unison Mobile Internet Platform

Bytemobile announced the general availability of its new Unison Mobile Internet Platform for processing all data traffic for Bytemobile applications deployed in mobile networks. The latest Unison release includes Bytemobile's new Media Optimization, Widget Bar and MobileMatch applications.Key features ofthe Bytemobile product portfolio on the Unison platform include:Optimization and Services Node (OSN)The OSN Web Optimization application reduces...

ADVA Selects Xelerated's Network Processor to Extend Carrier Ethernet

ADVA Optical Networking is using Xelerated's X11 network processor unit (NPU) in the ADVA FSP 3000 Wavelength Division Multiplexing (WDM) system, which enables service providers to extend Carrier Ethernet services into fiber access and aggregation networks. The X11's architecture guarantees deterministic, low latency packet behavior, regardless of packet size, traffic pattern or number of instructions used per packet. http://www.xelerated....

Fujitsu Supplies FLASHWAVE 9500 to South Dakota's SDN

SDN Communications, a regional fiber optic networking provider owned by 18 South Dakota independent telephone companies, has selected the Fujitsu FLASHWAVE 9500 Packet Optical Networking Platform (Packet ONP) for its statewide network. SDN is using the platform for high-capacity, SONET and Ethernet transport and cross-connecting between interexchange carriers and its member companies. SDN will continue to use the Fujitsu NETSMART 1500 Element Management...

DigitalBridge Signs WiMAX Distribution Agreement with NRTC

DigitalBridge Communications Corp. (DBC), a private operator of WiMAX 4G broadband networks in underserved regions, has signed a distribution agreement with the not-for-profit National Rural Telecommunications Cooperative (NRTC).The agreement gives NRTC members the opportunity to expand next-generation broadband service to underserved and unserved areas in rural America. NRTC has also made a significant investment in DigitalBridge, the terms of which...

Nokia Realigns Services Group, Cuts 450 Jobs

Nokia announced a realignment of its Services unit with the goal of creating a more simplified user experience and deeper and greater opportunities for third parties. Further, Nokia will focus investments on fewer initiatives and increase the use of common enablers across certain services. As part of the announced changes, all mobile games will now become available through the Ovi Store, in addition to through their existing channels. Nokia also announced plans to streamline its internal IT and Compatibility & Industry Collaboration activities...

Cablevision Introduces 101 Mbps Internet Service

Cablevision Systems, which passes 5 million homes in the New York metropolitan area, introduced a 101 Mbps downstream Internet access service over its DOCSIS 3.0 infrastructure. The service, which delivers upstream speeds of up to 15 Mbps, will be offered across the company's entire service area starting May 11. The new level of Internet service will be available for $99.95 per month and includes up to 15 email addresses with 1GB of storage each.Cablevision...