Tuesday, October 6, 2009

Ciena Bids to Acquire Nortel's Metro Ethernet for $521 Million

Ciena agreed to acquire all of the optical networking and carrier Ethernet assets of Nortel's Metro Ethernet Networks (MEN) business for $390 million in cash and 10 million shares of Ciena common stock. Based on the closing price of Ciena's stock on Tuesday, October 6, 2009, the full deal is valued at $521 million. The deal is subject to a competitive bidding process and higher offers could emerge. It also requires the approval of the United States Bankruptcy Court for the District of Delaware and the Ontario Superior Court of Justice.The deal...

Metaswitch Posts Annual Revenue of US$113.7 million, Consolidates Brands

Metaswitch Networks reported annual revenue for its 2008/2009 financial year (ending 31-August-09) of £61.8 million (US$113.7 million), up 4.2% from £59.3 million in the previous year. Operating margins were sustained above 20%.The company said its Carrier Systems Division business was primarily driven by tier one incumbent operators and major regional competitive providers, as smaller operators' spending slowed amid uncertainty about market conditions...

CTIA Elects AT&T's Ralph de la Vega as Chairman

Ralph de la Vega, AT&T Mobility President and CEO, was elected Chairman of CTIA - The Wireless Association. He replaces T-Mobile USA President and CEO, Robert Dotson. There will be 33 returning board members for 2010, along with the following newly elected board members: AOL Vice President of Mobile Products Raine Bergstrom; Assurant Solutions President and CEO Craig Lemasters; and CBS Interactive - CBS Mobile Vice President of Mobile Robert Gelick. The CTIA Board will be electing new officers and Executive Committee members in the coming...

Bytemobile Wins Multiyear Deal with MetroPCS

MetroPCS Wireless awarded a multi-year, multi-product supply agreement to Bytemobile for its data optimization and content adaptation solutions. The web optimization application of Bytemobile's Optimization and Services Node (OSN) will enable MetroPCS to cost-effectively scale its high-speed CDMA network to serve additional users and traffic within existing infrastructure. The Web Fidelity Suite of web, Flash and multimedia content adaptation applications...

Zhone's MSAP Selected by Egypt's Orascom for FTTx GPON

Orascom Development (OD) has selected Zhone as its end-to-end FTTx GPON equipment provider for the town of El Gouna, Red Sea. The rollout features Zhone's integrated FTTx GPON system with RF video overlay, including Zhone's MXK intelligent terabit access concentrator, zNID Optical Network Terminals (ONTs), RF equipment and the Zhone Management Systems (ZMS). Financial terms were not disclosed.OD's installation in El Gouna will provide FTTH GPON based telephone extensions with AVAYA SIP functionality, high-speed data and video over a single fiber...

FLO TV Launches its Own Digital Handheld TV

Qualcomm's FLO TV subsidiary unveiled its own FLO TV Personal Television -- a new dedicated device that will let consumers watch news, live sports, children's programming and entertainment on a dedicated device for mobile TV viewing. The FLO TV Personal Television, which will be available for purchase this holiday season, will offer a subscription service starting at $8.99 per month with a 3 year contract. The device will be offered at a manufacturer's...

ng Connect Program Expands LTE Ecosystem

The ng Connect Program, which is multi-industry initiative aimed at encouraging the growth of a rich and diverse ecosystem of infrastructure, devices, content and applications for both mobile and fixed broadband networks, announced that five new members: Creative Labs, Gemalto, Kabillion, R360 and V-Gate.The program is also launching two new next generation service Proofs of Concept (PoC) for secure access to mobile networks and interactive digital...

AT&T Extends M2M Partnership with Numerex

AT&T announced the extension of an agreement with Numerex, a leading single source provider of secure machine-to-machine (M2M) products and services, to provide turnkey services for M2M enterprise markets. Through this agreement, AT&T will provide Numerex with access to the AT&T Control Center, enabling further expansion of AT&T's distribution in the M2M market. AT&T and Numerex customers that serve end-user markets - such as...

AT&T Sees No Need for New Wireless Regulations

The wireless industry is one of America's great success stories and the government should be cautious about making any regulatory changes, said AT&T Mobility and Consumer Markets President and CEO Ralph de la Vega, speaking at CTIA in San Diego."Our industry is highly competitive, innovative and thriving. Because of significant private investment, made possible by limited regulation, U.S. wireless consumers enjoy the broadest array of innovative...

CTIA: U.S. Reaches 276M Wireless Users, $76B in Service Revenue for 1H2009

There are now more than 276 million wireless users in the U.S. -- up by 14 million in the last year -- according to the latest industry survey by CTIA-The Wireless Association.Wireless service revenues were nearly $76 billion for the first six months of 2009. Significantly, wireless data service revenues climbed to more than $19.4 billion for the first half of 2009, representing a 31% increase over the first half of 2008. In addition, wireless...

Genachowski: "America's Mobile Broadband Future"

Today every company in America -- entertainment, commerce, news, you name it -- knows it needs to have a mobile strategy, said FCC Chairman Julius Genachowski, speaking at CTIA show in San Diego. "At the FCC, we also recognize that mobile is central to our mission. No sector of the communications industry holds greater potential to enhance America's economic competitiveness, spur job creation, and improve the quality of our lives. "Genachowski...