One month after hosting its first Verizon Developer Community (VDC) Conference, Verizon Wireless reported that more than 1,000 developers have signed-up. http://developer.verizon.c...
Wednesday, September 2, 2009
Verizon Raises Quarterly Dividend 3.3%
The Board of Directors of Verizon Communications declared a quarterly dividend of 47.5 cents per outstanding share, an increase of 1.5 cents per share, or 3.3 percent, from the previous quarter. On an annual basis, this increases Verizon's dividend 6 cents per share, from $1.84 to $1.90 per share. "This increase reflects the strength of our cash flow and balance sheet," said Ivan Seidenberg, Verizon chairman and chief executive officer. http://w...
Verizon's COO Dennis F. Strigl to Retire
Dennis F. Strigl, Verizon Communications' President and Chief Operating Officer, confirmed plans to retire to from the company by the end of 2009. Strigl is responsible for the operations of Verizon's network-based businesses - Verizon Wireless, Verizon Telecom and Verizon Business -- as well as Verizon Services Operations, which provides financial, real estate and other services to all of the company's operations. He is widely recognized as a key architect of the wireless industry, and of Verizon Wireless, where he served as president and chief...
Ciena's Quarterly Revenues Rise 14% Sequentially to $165 Million
Ciena's revenue for its fiscal third quarter ended July 31, 2009 totaled $164.8 million, representing a 14% sequential improvement compared to fiscal second quarter 2009 revenue of $144.2 million. Ciena's net loss (GAAP) was $(26.5) million, or $(0.29) per common share. "We delivered significant sequential improvement in our fiscal third quarter across all major financial performance metrics, including revenue, gross margin and operating results," said Gary Smith, Ciena's CEO and president. "Through the challenging environment of the last 12...
Force10 Sees Spike in Revenue from Data Center Build outs
Force10 Networks reported that revenues for the period ending June 30, 2009 increased 24% from the previous quarter thanks to increasing momentum behind the company's Ethernet switch/router products with both data center and carrier customers. The Force10 ExaScale E-Series virtualized core switch/router, which was introduced in March 2009 and first began to ship in volume during Force10's Q3, was a significant contributor to the company's quarterly growth. The company said new wins at mid-sized data centers and carrier points of presence (POPs)...
Dell'Oro: 10 GigE NIC Market Posts Double-Digit Growth
The 10 Gigabit (10GB) Ethernet Network Adapter market saw double-digit sequential growth in both port shipments and revenue during the second quarter of 2009, according to a new report from Dell'Oro Group. The report also indicates that market average selling prices fell steeply during the quarter. "Numerous factors are falling into place to drive steep 10GB Ethernet Network Adapter price declines," said Seamus Crehan, Vice President at Dell'Oro...
Japan's EMOBILE Launches HSPA with Ericsson
Ericsson confirmed its role in the recent launch of HSPA services in Japan by EMOBILE. Services with peak rates up to 21 Mbps were launched Tokyo, Osaka, Yokohama and Nagoya on July 24.Under the agreement, Ericsson is the sole supplier of the core network and core systems integration services. Ericsson is also the main supplier for upgrading the existing WCDMA/HSPA radio access network with HSPA Evolution, including network deployment services....
Sprint to Offer HTC's Android-based Hero with Google
Sprint will begin selling HTC's Android-based Hero handset over its EVDO Rev. A. network. HTC Hero offers synchronization for built-in Google mobile services, including Google Search, Google Maps, Gmail, and YouTube as well as access to other Android applications. "The arrival of HTC Hero and the Android platform to Sprint's network is an important milestone for our customers and the U.S. wireless industry," said Kevin Packingham, senior vice president...
Hong Kong's CSL Confirms LTE Rollout and UMTS 900 MHz, Picks ZTE
Hong Kong-based CSL, which is a subsidiary of Telstra, unveiled its plans for the roll-out of UMTS in the 900 Mhz band and the building of a 4G or LongTerm Evolution (LTE) network. CSL has selected ZTE as its strategic vendor.At a jointly-held event, themed "Long Term Evolution -- Imagine Life Now", the companies presented a live demonstration of LTE technology in action. The joint demonstration featured peak download speeds in excess of 100 Mbps....
Alcatel-Lucent Builds Optical Backbone in Mozambique
Telecomunicacoes de Mocambique (TDM) has awarded a EUR 21 million contract to Alcatel-Lucent to deploy the third phase of Mozambique's national transmission network. Under the terms of the contract, Alcatel-Lucent will lay 2,585 km of optical fiber and deploy its optical transmission solutions to connect any remaining geographic areas. Alcatel-Lucent recently finished the two first phases, laying 2,970 km of optical fiber across the country. http://www.alcatel-lucent....
TELMEX Launches Intercompany Cisco TelePresence in Latin America
Teléfonos de México, S.A.B. de C.V. (TELMEX) launched Telepresencia Administrada TELMEX a regional plan in Latin America to market and deliver Cisco TelePresenceTM for multipoint intracompany services as well as for intercompany connectivity. Intercompany Cisco TelePresence services allows calls directly from a Cisco TelePresence room on a customer network to a TelePresence room on a different company's network through a secure connection from the...
BT Launches Wholesale Broadband Managed Connect for ISPs
BT introduced a new service called Wholesale Broadband Managed Connect (WBMC) over IPstream Connect aimed at helping other operators deliver a mix of next-generation and legacy broadband services in different geographies across the UK over a single backhaul link.Currently communications providers wishing to offer a UK-wide broadband service need to offer IPstream wholesale broadband internet services, such as fixed speed DSL and DSL Max in parallel...
