Covad and MegaPath announced plans to merge into a single company. Pending federal and state regulatory approvals, the transaction will create one of the largest managed service local exchange carriers (MSLEC) in the U.S. Financial terms were not disclosed.
Covad provides a wide range of access and hub aggregation services, including Ethernet, DSL, and T1. It operates a nationwide IP/MPLS network and its network footprint encompasses some 4,400 central offices (COs) in 45 states and 240 metropolitan statistical areas. Covad wholesale partners include leading providers such as AT&T, Verizon Business, and Sprint. The company is based in San Jose, California.
MegaPath provides managed IP communications services across North America. It also operates a nation-wide MPLS backbone with POPs in 30 major cities MegaPath is based in Costa Mesa, California.
"We will continue to provide innovative services and superior automation to our wholesale partners, and by adding MegaPath's leading managed service offerings, we will further enhance the value we deliver to the market," said Pat Bennett, CEO of Covad , who will continue as Chief Executive Officer.
The combined businesses will be owned by Platinum and MegaPath investors.
http://www.covad.com
http://www.megapath.com
Covad provides a wide range of access and hub aggregation services, including Ethernet, DSL, and T1. It operates a nationwide IP/MPLS network and its network footprint encompasses some 4,400 central offices (COs) in 45 states and 240 metropolitan statistical areas. Covad wholesale partners include leading providers such as AT&T, Verizon Business, and Sprint. The company is based in San Jose, California.
MegaPath provides managed IP communications services across North America. It also operates a nation-wide MPLS backbone with POPs in 30 major cities MegaPath is based in Costa Mesa, California.
"We will continue to provide innovative services and superior automation to our wholesale partners, and by adding MegaPath's leading managed service offerings, we will further enhance the value we deliver to the market," said Pat Bennett, CEO of Covad , who will continue as Chief Executive Officer.
The combined businesses will be owned by Platinum and MegaPath investors.
http://www.covad.com
http://www.megapath.com
and ZTE have completed a TD-LTE indoor MIMO networking performance test in Beijing. The test yielded TD-LTE performance evaluation data on indoor single/dual path cell throughput. The testing also produced data for indoor multi-UE circumstances. Performance results were not disclosed.
said the goal of this experiment was to evaluate construction of indoor LTE distribution systems, including whether a two-path system can achieve significantly better performance than a single path system under different scenarios and user distributions. The testing found that, under diversified testing circumstances, a TD-LTE two-path indoor distribution system downlink throughput does show dramatic improvements compared with single path indoor distribution system. 
have enacted a reciprocal Wi-Fi roaming agreement that takes effect today. NTT Com HOTSPOT customers are able to use some 70 Boingo wireless local area network (WLAN) access points for data roaming in airports and other locations of the United States, Canada and the United Kingdom, while Boingo retail customers visiting Japan gain access to NTT Com HOTSPOT WLAN access points, both beginning April 1. In Japan, Boingo retail customers can roam NTT Com's broad nationwide WLAN network covering hotels, restaurants, coffee shops, airports, train stations and even selected railcars on major business routes.
teamed up to deliver the Managed Data Vault - a new private cloud service that provides secure, quick and reliable daily backups, and fast recovery of enterprise information. The service will automatically transfer data from a client location to a specially designed off-site data center via Verizon's secure high-speed private network. IBM supplies backup infrastructure and management capabilities. The service is aimed at the financial, retail and health care services markets.
a new line of home WiFi routers aimed at simplifying the set-up of home networks. A USB thumb drive is provided to automate the configuration of the network. Valet also provides new levels of parental controls, as well as guest access. Pricing starts at $99.
reported sales revenue of CNY 149.1 billion (approx. US$21.82 billion) worldwide for the fiscal year ended December 31, 2009, with a 19% rise year on year. Net profit was CNY 18.3 billion, with a net profit margin of 12.2%; it had CNY 21.7 billion net cash flow from operating activities. The company held CNY 29.2 billion (approx US$427 billion) in cash as of December 31, 2009.
Ericsson will expand and upgrade Airtel's network in 15 of India's 22 telecom circles. Under the deal, Ericsson will supply its 2G/2.5G radio base stations, circuit and packet core, microwave transmission and Intelligent Network. In addition, Ericsson will ensure that Bharti Airtel's core and transport network is 3G-ready in order to reduce time to market and enable the fast rollout of 3G services at a later date.
The acquisition includes the transfer of important GSM business with North American operators and further strengthens Ericsson's ability to serve North America's leading wireless operators. More than 350 employees from Nortel will be integrated in the Ericsson group over the coming months. The deal was first announced in November 2009.
which specializes in enterprise wireless LAN solutions, soared 28% in their first day of trading on Nasdaq (MERU). The company offered 4,386,784 common shares at a price to the public of $15.00 per share. Trading on Wednesday closed at $19.17.
The Sprint Free Guarantee gives any customer opening a new line of service the chance to try Sprint for 30 days. If a customer isn't completely satisfied, they can get reimbursed for the device purchase and activation fee, get the early termination fee waived, get a full refund for service plan monthly recurring charges incurred and get all associated taxes and Sprint surcharges associated with these charges waived. In addition, Sprint will waive the restocking fee for new customer exchanges as part of this policy.
