Thursday, July 29, 2010

NTT DOCOMO Unveils "Xi" LTE Service Brand

In anticipation of its LTE service launch slated for December, NTT DOCOMO unveiled the brand name and logo of its forthcoming next-generation mobile service for the Japanese market.The brand name is written "Xi" and read "crossy."The "X" denotes both "connection" and "infinite possibility," and the "i" both "individual user" and "innovation." The logo, which resembles the infinity symbol, aligns the letters in a single stream to embody the bonds...

Best Buy to Launch "Connect" Broadband Service with Clearwire

Best Buy will use Clearwire's 4G network to offer mobile internet service to customers under its own Best Buy Connect brand. The service launch is anticipated for 2011. "Our strategic wholesale agreement with Clearwire will enable Best Buy Connect to leverage the Clearwire 4G network's speed and bandwidth to deliver compelling new mobile broadband experiences for our customers," said Jed Stillman, vice president of Best Buy Connect. "This agreement...

Harris Acquires CapRock for $525 Million

Harris completed its previously announced acquisition of CapRock Communications for $525 million in cash.CapRock provides managed communication services including broadband Internet access, VoIP, networking and real-time video delivered to harsh and remote locations around the world. CapRock managed network solutions include multiband, portable and fixed satellite communications services supported by its teleports and network operations centers around the globe. CapRock supports a wide range of customers in the energy, maritime and government industries,...

Applied Micro Revenues Rise 6% Sequentially, 35% YoY

Applied Micro Circuits Corporation (AMCC) reported quarterly net revenues of $60.8 million, up 6% sequentially and up 35% year over year. GAAP net income was $1.4 million or $0.02 per share. Book to bill, exiting the quarter, was 1.3x."The demand for our products continues to be very strong and we exited the quarter with a solid book-to-bill which demonstrates the wide acceptance for our products and the continued traction we are enjoying from the introduction of our new product lines. For the quarter, we once again delivered solid results and...

Motorola Partners with Intrado on NG9-1-1 Texting

Motorola's Enterprise Mobility Solutions group has formed an alliance with Intrado to deliver next-generation 9-1-1 (NG9-1-1) text messaging enabled products and services.The two companies will initially focus on a citizen text messaging trial to enable access for individuals who may have speech or hearing disabilities. The result of this trial will help inform how citizen text messages are best integrated as public safety agencies move toward NG9-1-1 services. In June 2009, Intrado launched the first text messaging solution to successfully deliver...

Crown Castle to Acquire NewPath Networks for $115 Million

Crown Castle International will acquire NewPath Networks, a provider of distributed antenna system (DAS) networks in the US for $115 million. NewPath was the eleventh platform investment made from the Charterhouse Equity Partners IV fund.Crown Castle owns, operates, and leases towers and other communication structures for wireless communications. Crown Castle offers significant wireless communications coverage to 92 of the top 100 US markets and to substantially all of the Australian population. Crown Castle owns, operates and manages over 22,000...

Qualcomm Names Two Investors in India LTE Venture

Qualcomm, which won Broadband Wireless Access (BWA) spectrum in four telecom circles in India in the government auction earlier this year, announced the first two shareholders for its India LTE venture: Global Holding Corporation Pvt. Ltd. and Tulip Telecom Ltd. In the recently concluded BWA auction, Qualcomm won one slot of 20 MHz TDD spectrum in the 2.3 GHz band covering the key telecom circles of Delhi, Mumbai, Haryana and Kerala. Qualcomm will have a 74 percent stake in the venture, while Global Holding Corporation and Tulip Telecom will hold...

Cable&Wireless Worldwide Closes London Centre

Cable&Wireless Worldwide closed Thameside its earth/satellite location centre in London as part of its ongoing pledge to significantly reduce its carbon emissions by 80 percent by 2050. Originally the Docklands Telecommunications Centre, Thameside was a collection of huge satellite dishes in the midst of the city. The relocation to various other sites took over two years to complete.As a global network node and co-location centre Thameside provided...

Redknee to Acquire Nimbus for EUR 11 Million

Redknee Solutions, which supplies converged billing, real-time charging, rating and personalization systmes for Service Providers, will acquire privately-held Spanish-based Nimbus Systems for EUR 11.25 million.Established in 2001, Nimbus Systems has been engaged in analysis, control and management solutions, with a particular focus on customer relationship management systems and billing, rating and partner relationship management. Nimbus Systems...

Alcatel-Lucent Sees Improving Market Conditions

Citing improved overall market conditions and growing traction for its products, Alcatel-Lucent reported quarterly revenues of Euro 3.813 billion, up 17.4% sequentially, and down 2.4% year-over-year. The company said it is preparing for a strong second half of the year, backed with a growing order book, and confirmed its financial outlook for the year. The demand for telecommunications equipment and related services is recovering due to booming...