Aviat Networks updated its revenue guidance for the fiscal fourth quarter ending July 2, 2010, saying it now expects revenue to be in the range of $115 - $120 million. The company attributed the revenue shortfall from previous expectations primarily to component shortages and unexpected delays during the transition from in-house to contract manufacturing.

Chuck Kissner, Chairman and CEO of Aviat Networks, commented, "The Board of Directors and I are not satisfied with the Company's operational and financial performance in recent quarters. Since being appointed as CEO two weeks ago, I have initiated a comprehensive review of our business in order to develop a focused strategic and operational plan. With this in place, we plan to move promptly and decisively to put Aviat Networks on track to restore profitability and establish a platform to drive sustainable revenue growth."http://www.aviatnetworks.com

Chuck Kissner, Chairman and CEO of Aviat Networks, commented, "The Board of Directors and I are not satisfied with the Company's operational and financial performance in recent quarters. Since being appointed as CEO two weeks ago, I have initiated a comprehensive review of our business in order to develop a focused strategic and operational plan. With this in place, we plan to move promptly and decisively to put Aviat Networks on track to restore profitability and establish a platform to drive sustainable revenue growth."http://www.aviatnetworks.com




has activated commercial service on its new 7,000 km undersea cable connecting West Africa to Europe. The terabit capacity cable has landing stations in Nigeria and Ghana and branching units in Morocco, Canary Islands, Senegal and Ivory Coast. The company, which is wholly African, calculates that its cable offer more than ten times the bandwidth of what was previously available. Tyco Electronics Subsea Communications (SubCom) was the lead contractor on the project.http://mainonecable.com




