Wednesday, October 21, 2009

PMC-Sierra's Q3 Revenues Up 6% Sequentially to $130.9 million

PMC-Sierra reported Q3 2009 net revenues of $130.9 million, an increase of 6 percent compared to $123.2 million in the second quarter of 2009 and 6 percent lower than net revenues of $139.4 million reported in the third quarter of 2008. Net income (GAAP) was $27.8 million (GAAP diluted earnings per share of $0.12) compared with net income of $7.8 million (GAAP diluted earnings per share of $0.03) in the second quarter of 2009 and net income of $4.5 million (GAAP diluted earnings per share of $0.02) in the third quarter of 2008."In the third quarter...

Juniper Posts Preliminary Q3 2009 Financial Results

5Juniper Networks reported preliminary Q3 net revenues of $823.9 million, up 5 from $786.4 million reported in the second quarter of 2009 and down 13% on a year-over-year basis. The company posted GAAP net income of $83.8 million, or $0.16 per diluted share, and non-GAAP net income of $122.5 million, or $0.23 per diluted share for the third quarter of 2009. "Juniper is driving execution and gaining momentum at a time when visibility in key areas of our business is beginning to improve,' said Kevin Johnson, Juniper's Chief Executive Officer. 'We...

ZyXEL Announces Multi-Service VDSL2, 802.11n Wireless Gateway

ZyXEL Communications introduced a VDSL2 gateway with embedded 802.11n wireless technology. The gateway can automatically switch between high-speed VDSL over PTM and legacy ADSL2+ over ATM, allowing operators to use the one device for subscribers both inside and outside the VDSL2 loop. It also features TR069 for remote management, 802.11n wireless, 4-port switch and firewall . http://www.us.zyxel....

Overture Interoperates with Cyan's Packet Optical Transport Platforms

Overture Networks has completed interoperability testing between its UTS4000 Carrier Ethernet edge and aggregation solutions and Cyan's Z-Series multi-layer transport platforms. The Overture Intelligent edge enables fine-grain Ethernet service management and converged DS1 services to cell sites for 3G and 4G applications and to enterprise locations for IP and Ethernet service delivery. Cyan multi-layer transport platforms integrate DWDM, wavelength switching, and 1GigE/10GigE Ethernet switching into a large-scale transport and aggregation solution....

Metaswitch Confirms IP Routing Protocol Software at UNH-IOL Lab

Metaswitch Networks has successfully completed a further round of multi-vendor interoperability testing at the University of New Hampshire InterOperability Laboratory (UNH-IOL) for all of its unicast and multicast IP Routing network protocol products -- covering the OSPFv2, OSPFv3, ISIS, RIP, BGP, PIM and IGMP/MLD protocols. "Since the last major test round at UNH-IOL, the standards have been evolving, and we have been adding features and additional support to our products. Our customers -- including every major equipment vendor in the industry...

IP Infusion Announces ZebOS Internet Route Server

IP Infusion announced its ZebOS Internet Route Server -- a Linux-based platform that will enable service providers to remotely view, monitor, filter and track routes on their networks, thus mitigating Border Gateway Protocol (BGP) hijacking and other DOS attacks.BGP hijacking exploits the framework of BGP Internet routing protocol for bad configuration that allows propagation of illegal routing information through BGP signaling, resulting in "black-holing" and disruption of services. The ZebOS Internet Route Server solution, paired with support...

Solera Provides Forensics for Simulated Cyber War

White Wolf Security, which organizes of live cyber warfare exercises, has selected Solera Networks to provide network forensics solutions for these simulated exercises.. Network forensics has become a key weapon in the cyber security arsenal, enabling rapid response in the event of a breach or attack. Acting like a camera in a bank, when a cyber attack occurs, network forensics solutions provide a complete record of all network activity to help determine the point of entry for the breach, what was affected, what data was compromised and the party...

I.T.U. Approves Micro-USB Universal Phone Charger standard

The ITU approved an energy-efficient, Micro-USB one-charger-fits-all new mobile phone solution.The standard is expected to significantly cut the number of chargers produced, shipped and subsequently discarded as new models become available, the new standard will mean users worldwide will be able to charge their mobiles anywhere from any available charger, while also reducing the energy consumed while charging.The new UCS standard was based on input from the GSMA, which predicts a 50 per cent reduction in standby energy consumption, elimination...

Ericsson Reports Fall in Network Equipment Sales, Rise for Professional Services

Ericsson reported Q3 sales of SEK 46.4 billion, down 4% year-over-year for comparable units, i.e. excluding Ericsson Mobile Platforms, and down 12% adjusted for currency exchange rate. Sequential sales decreased 11%, negatively impacted by currency exchange rate effects, seasonality and a reduced scope of the renewed managed services agreement in Italy. The lower year-over-year sales in Networks and Multimedia were partly offset by stronger sales...

FCC Adopts Draft Rules for Internet Openness

The FCC voted unanimously to adopt a draft set of rules to codify and supplement existing Internet openness principles while seeking public input on permanent regulations. Under the draft rules, a provider of broadband Internet access service may not:1) prevent any of its users from sending or receiving the lawful content of the user's choice over the Internet;2) prevent any of its users from running the lawful applications or using the lawful services of the user's choice;3) prevent any of its users from connecting to and using on its network...

Broadcom's Revenue Rises 21% Sequentially, Down 3% YOY

Broadcom reported Q3 net revenue of $1.254 billion, up 20.6% compared with the $1.040 billion reported for the second quarter of 2009 and a decrease of 3.4% compared with the $1.298 billion reported for the third quarter of 2008. Net income (GAAP) was $84.6 million, or $.16 per share (diluted), compared with GAAP net income of $13.4 million, or $.03 per share (diluted), for the second quarter of 2009, and GAAP net income of $164.9 million, or $.31 per share (diluted), for the third quarter of 2008."This strong revenue growth is well above the...

Verizon's FiOS VOD Reaches 18,000 titles per Month

Verizon's FiOS TV service has increased its Video on Demand (VOD) collection to more than 18,000 titles per month. Verizon claims its VOD library is now nearly twice the size of the country's largest cable provider. In recent months Verizon also has added some 1,000 new high-definition titles to FiOS TV VOD -- expanding its collection by 70 percent -- to give subscribers a choice of more than 2,400 monthly VOD programs in HD. http://www.verizon...

Nokia Files Patent Claims Against iPhone

Nokia filed a patent infringement lawsuit against Apple claiming that the iPhone infringes Nokia patents for GSM, UMTS and wireless LAN (WLAN) standards. The ten patents cover wireless data, speech coding, security and encryption. Nokia said the patents are infringed by all Apple iPhone models shipped since the iPhone was introduced in 2007. http://www.nokia....

AT&T Adds 3.2 Million iPhones, 240K U-Verse TV Subscribers in Q3

AT&T added 2.0 million increase in total wireless subscribers in Q3 2009 to reach a total wireless customer base of 81.6 million, up 6.7 million over the past year. AT&T added 4.3 million postpaid 3G integrated wireless devices, the largest quarterly increase in the company's history. This included 3.2 million iPhone activations, also the company's largest quarterly total to date.Third-quarter revenues totaled $30.9 billion, net income...

Tellabs Acquires WiChorus for $165 Million for Packet Core

Tellabs agreed to acquire WiChorus, a start-up offering a mobile packet core platform for $165 million in net cash. The transaction is expected to be dilutive to Tellabs' earnings in 2010, then additive to Tellabs' non-GAAP earnings in 2011 and beyond. WiChorus' platform, which has been selected by Clearwire for deployment in its WiMAX network, provides subscriber management on a per application, per subscriber, per flow basis at line rate. WiChorus...

Level 3 Launches Wireless Tower Access Service

Level 3 Communications launched a new service that offers direct wireless tower connectivity to the Level 3 network. Level 3 Tower Access provides wireless carriers with new options for wireless backhaul in metropolitan and rural locations. The first phase of this initiative will target unserved and underserved markets focusing on areas with the greatest concentration of end-user demand. Wireless towers could be place on or near existing Level 3...