Tellabs announced plans to open an R&D lab in Melbourne, Australia. The company has operated its Australian HQ in Melbourne since 2006. http://www.tellabs....
Thursday, September 9, 2010
Extreme Posts Revenue of $84 Million, up 26% YoY
Extreme Networks' net revenue increased 26 percent to $83.8 million for its first quarter of fiscal 2011, ended September 26, 2010. This compares with revenue of $66.3 million in the first quarter of last year. Previously issued guidance to investors was for net revenue of $81-$84 million.Net income on a GAAP basis for quarter was $2.7 million or $0.03 per diluted share and compares to a net loss on a GAAP basis for the 2010 fiscal first quarter of $5.5 million or $0.06 loss per diluted share. In the 2010 fiscal fourth quarter, net income...
MASERGY Files For IPO -- Virtualized Network Services
Masergy Communications, which provides managed, secure virtualized network services to enterprises, filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. BofA Merrill Lynch and Deutsche Bank Securities Inc. will serve as joint book-running managers for the offering, with Stifel Nicolaus Weisel and Pacific Crest Securities LLC acting as co-managers....
Alcatel-Lucent Opens its Velocix CDN Platform to Strategic Partners
Alcatel-Lucent has established a strategic alliance program for its Velocix Digital Media Delivery Platform, which is a content delivery network (CDN) solution for service providers. Building an ecosystem helps ensure that service providers can benefit from a range of pre-integrated technology components to accelerate the deployment of multiscreen consumer solutions.The program seeks to foster collaboration in four main focus areas:Manage -- For...
FCC Chairman Sets "Consumer Empowerment Agenda"
In a speech to the Center for American Progress in Washington, D.C., FCC Chairman Julius Genachowski said focusing on the needs and concerns of consumers has been a top priority of his agenda, along with unleashing spectrum, and driving broadband deployment and adoption, and a thriving broadband ecosystem. Focusing on consumers is critical because it is one of the FCC's core responsibilities and, he argued, because pro-consumer policies are pro-competition...
Vodafone Essar Outsources 3G Network to Nokia Siemens Networks
Vodafone Essar, one of India's leading cellular service providers, has selected Nokia Siemens Networks to supply, implement and manage its 3G network in six of the nine circles. Nokia Siemens Networks will provide network planning and project management. It will supply radio and core network technology, and it will also operate the 3G network for three years under a managed services contract. Nokia Siemens Networks will use its own NetAct network...
ADTRAN Posts Revenue of $162 Million, up 27%
ADTRAN reported Q3 sales of $162.9 million, up 27% over the $128.1 million for the same period last year. Net income increased 49% to $32.1 million.ADTRAN Chief Executive Officer Tom Stanton stated, "During the quarter, we continued to benefit from our positioning with industry growth areas as we experienced increased revenues across all our carrier segments and all our enterprise channels. Increasing demand for high speed residential and enterprise network services coupled with accelerating growth in mobile demand all led to a record revenue performance....
Bloomberg: Clearwire Considers Spectrum Auction for New Funding
Clearwire is considering bids for some of its spectrum in an effort to raise the additional funding needed to complete the buildout of its own network, according to Bloomberg. The report estimates that bids could bring in $2.5 to $5 billion and prospective purchasers include the leading U.S. wireless carriers. http://www.bloomberg....
ZTE Shows LTE-advanced with 1 Gbps Downlink
ZTE demonstrated a prototype LTE-advanced system delivering a peak downlink rated of 1 Gbps. LTE-advanced will leverage carrier aggregation, enhanced antenna, relay, coordinated multi-point Tx/Rx (CoMP) transmission and other key technologies to achieve these rates. ZTE said it expects to introduce commercial LTE-advanced products in 2012. The demonstration occurred at P&T/Expo Comm in Beijing. http://www.zte.com...
NTT DOCOMO Tops 15 Million for iD Mobile Credit Payment Service
NTT DOCOMO has passed the 15 million subscriber mark for tis "iD" mobile credit payment service, which combines postpaid electronic money with DOCOMO handsets and compatible credit cards. The service was initially launched in December 2005 and reached 5 million subscribers in November 2007, 10 million in December 2008 and 15 million in August 2010.The number of subscribers using handsets equipped with contactless IC chips (Osaifu-Keitai) compatible...
BT Wholesale Implements Cisco's Content Delivery System
BT Wholesale has selected a Content Delivery System from Cisco as the backbone for its video content delivery network. The Cisco Content Delivery System (CDS) using medianet technologies can cache content deep in the broadband network and so deliver it much closer to the end user -- avoiding congested areas of the network. Cisco said this, in turn, enables broadcasters to provide video content -- and in the future live TV - with an assured level...
Australia's National Broadcaster Selects Ericsson for Digital Free-to-Air TV
Australia's national broadcaster, the ABC, has awarded a five-year contract to Ericsson to supply satellite video compression technology to expand the reach of high-definition and standard-definition digital TV programming across the country. As Australia undergoes the switch from analog to digital free-to-air TV, the Australian government is funding a new satellite service to provide digital television to viewers in remote areas where free-to-air...
Swisscom Appoints Head of Network & IT Division
Swisscom has selected Heinz Herren to take over as Head of its Network & IT Division effective 1-January-2011, replacing Guido Garrone, who has decided to return to Italy. Heinz Herren spent five years as Head of Marketing for Fixnet Wholesale Services, before taking over responsibility for the small- and medium-sized enterprises (SME) business at Swisscom in mid 2006.At the same time, Roger Wüthrich-Hasenböhler, who currently works in Swisscom's Corporate Customer business, will replace Heinz Herren as Head of the Small and Medium-Sized Enterprises...
Bell Canada Buys into CTV -- Combining Content with the Network
BCE Inc. (Bell Canada) will acquire 100% of CTV, the leading Canadian television, digital media, conventional TV and radio broadcaster, for $1.3 billion from The Woodbridge Company Limited, the Toronto-based holding company of the Thomson family; Ontario Teachers Pension Plan; and Torstar Corporation.The deal allows Bell to combine a premier video content business with its broadband network capabilities.CTV operates Canada's No.1 television network...
University of Tokyo, Fujitsu and NEC Demonstrate Quantum Cryptography
Researchers in Japan have achieved quantum cryptographic key distribution at a world-record distance of 50 km using transmission from a single-photon emitter. The University of Tokyo, Fujitsu Laboratories, and NEC collaborated to developed a 1.5 µm single-photon emitter suitable for long distance data transmission. This overcomes two obstacles in quantum cryptography -- previously, a single pulse from a light source would often emit two or more...
Nokia appoints Stephen Elop to President and CEO
Stephen Elop has been appointed President and Chief Executive Officer of Nokia as of September 21. Elop currently heads Microsoft's Business Division, and previously held senior executive positions in a number of US-based public companies, including Juniper Networks, Adobe Systems and Macromedia Inc. He holds a degree in computer engineering and management from McMaster University in Hamilton, Canada, which is his home country. Elop replaces Olli-Pekka...
Vodafone Announces Reorganization
Vodafone Group Plc has simplified its organizational structure with a goal of focusing on its key commercial and financial priorities: customer and commercial strength, leadership in data, brand advocacy, cost efficiency and shareholder returns. Accountability for the Group's operating companies will be brought into two operating regions', to reflect the different nature of assets/geographies and different development of the sector in various economies:...
Verrex Partners with MASERGY on Videoconferencing over MPLS
MASERGY will deliver comprehensive videoconferencing solutions with Verrex, which provides global systems integration and management services for enterprises. The services will run over MASERGY's native IP MPLS network, which has guaranteed quality of service and strong service level agreements. MASERGY said its network is able to deliver 100% in-sequence packet delivery, maximum latency variation (jitter) of 1ms, and sub-1 second fast fail-over...
Indonesia's Telkomsel Tests LTE with ZTE
Telekomunikasi Selular (Telkomsel), Indonesia's largest mobile operator, is rolling out an LTE trial network with ZTE. As the leading supplier for Telkomsel's UMTS networks, ZTE's advanced Software Defined Radio (SDR) technology will seamlessly upgrade the 2G/3G service to LTE. Telkomsel currently serves 92 million mobile subscribers (more than 50% market share in the country).ZTE noted that it has now rolled-out seven LTE commercial networks...
