Tuesday, August 3, 2010

Ikanos Reports Q2, Restructuring, New CEO

Ikanos Communications reported Q2 revenue of $55.6 million compared with revenue of $57.4 million for the first quarter of 2010 and revenue of $22.4 million for the second quarter of 2009. "Ikanos' revenue for the second quarter of 2010 was just below our guidance," said Dennis Bencala, chief financial officer of Ikanos. "Overall, Ikanos' revenue continued to be well diversified by region. Our core VDSL business also saw double digit sequential revenue growth from first quarter to second quarter 2010. In contrast, revenue from ADSL products decreased....

Clearwire Introduces iSpot 4G Mobile Hotspot

Clearwire has expanded its line of personal mobile hotspots with a new "iSpot" device with dedicated support for Apple's line of mobile devices, including the iPad, iPod touch and iPhone. iSpot users can share 4G speed with up to eight Wi-Fi-enabled Apple mobile devices simultaneously. Clearwire reports average mobile download speeds of 3 to 6 Mbps with bursts over 10 Mbps on its WiMAX network. Clearwire offers unlimited usage, enabling, for example,...

Clearwire Cites Sales Surge, Adds 722,000 Subscribers in Q2

Clearwire added 722,000 net subscribers in Q2, bringing the total number of customers on the network to 1.7 million. Of this, wholesale customer additions for the quarter were 595,000, bring the number of wholesale customers to 752,000 at the end of the quarter -- and the number of wholesale customer subsequent surged past the one million mark during July.As a result of the strong sales, Clearwire has increased it guidance for the full year."As of today, Clearwire has more than one million wholesale subscribers and just under one million retail...

Clearwire to Test LTE, Considers WiMAX Coexistence Strategy

Clearwire announced plans to conduct LTE technical trials this year as it considers its WiMAX strategy going forward. Specifically, Clearwire will conduct trials with Huawei Technologies and with Samsung Electronics to test multiple coexistence scenarios between LTE and WiMAX radio technologies. The company restated its commitment to use WiMAX technology for its current 4G build plan, but said the significant number of LTE devices coming to market...

Google Drops Google Wave

A little over one year after unveiling its new "Wave" paradigm for rich IP communications, Google had decided to drop the project. Google Wave was an HTML 5 application for integrating email, instant messaging, whiteboarding, wikis, blogging, Twitter and social networking. However, Google said that the service has not generated the user interest or enthusiasm that it wished. Google will not continue to pursue Wave as a standalone product.http...

Pyramid: U.S. Mobile Revenue to Overtake Fixed-Line by 2015

Mobile revenue in the U.S. will surpass all fixed-line services in the country by end of 2015, according to a new report from Pyramid Research. The U.S. is expected to add 80 million mobile users over the period -- the most of any developed country.Pyramid is forecasting that service revenue in the U.S. will reach $362 billion in 2010, making the U.S. more than twice as large as the next most sizable markets - Japan and China - throughout the forecast period. Over the next five years, Pyramid expects total communications service revenue to grow...

East Africa's EASSy Submarine Cable Offer 1.4 Tbps Capacity

E-Marine was awarded a maintenance and storage agreement with the East African Submarine System (EASSy), a fiber-optic cable that will serve twenty-one African nations. E-marine will now take responsibility for maintaining up to an 8,600km-strech of the EASSy submarine cable network. It will also provide secure storage for supplies and accessories in its Bonded Cable Depot in the Port of Salalah, Oman.E-Marine owns three Cable Ships and One Special...