Google Builds Fiber Broadband Network on Stanford Campus

As the next step in its FTTH broadband project, Google will build an ultra-high speed broadband network to approximately 850 faculty- and staff-owned homes on the Stanford University campus. Google confirmed that it is still moving ahead with its municipal fiber project in the U.S. http://www.google.comhttp://googleblog.blogspot.com/2010/10/bringing-ultra-high-speed-broadband-to.h...

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ADVA Posts Q3 Revenues of EUR 80.5 million

ADVA Optical Networking reported Q3 2010 revenues of EUR 80.5 million, slightly above guidance of between EUR 75 million and EUR 80 million, up a significant 38.6% vs. Q3 2009 at EUR 58.1 million and up 17.4% vs. EUR 68.6 million reported in Q2 2010. IFRS pro forma operating income, excluding stock-based compensation and amortization & impairment of goodwill & acquisition-related intangible assets, amounted to EUR 4.4 million or 5.5% of revenues in Q3 2010, at the upper end of guidance of between 2% and 6% of revenues. "We are extremely...

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BT To Expand Ultra-Low Latency Capabilities to Europe

BT is pursuing plans to offer ultra-low latency connectivity into continental Europe for financial firms. In particular, BT Radianz Ultra will provide Paris-to-London sub-millisecond access to market data and execution services, exchanges and Multilateral Trading Facilities (MTFs). A similar offering is currently available in the New York and Chicago markets. http://www.btplc....

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Verizon Business Lands U.S. GSA Contract for Cloud Services

Verizon Business announced a new award from the U.S. General Services Administration to provide federal government agencies with secure on-demand cloud computing services -- including server, network and storage capacity. The company will provide infrastructure as a service (IaaS) offerings via a cloud computing platform.The blanket purchase agreement is valued at as much as $76.5 million over five years.Federal agencies will be able to implement...

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FCC Spectrum Forecast Predicts 300 MHz Crunch by 2014

The United States is likely to face a spectrum deficit by 2014 as mobile broadband traffic soars by 35X in this 5-year period, according to a newly released technical and economic forecast from the FCC. Even if spectrum and device efficiency doubles and the number of cell towers continues to grow at its current pace, the country will need around 300 additional megahertz of spectrum in use by 2014 to accommodate this growing demand. The FCC estimates...

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Calix Posts Q3 Revenue of $76 Million, up 27% YoY

Calix reported Q3 revenue of $75.5 million, an increase of 27% from revenue reported for the third quarter of 2009 of $59.6 million. GAAP net loss for the third quarter of 2010 was $5.4 million, or $(0.14) per share, compared to a GAAP net loss of $6.8 million, or $(0.14) per share, reported for the third quarter of 2009 (assuming the conversion of preferred stock into common stock as of the beginning of the third quarter of 2009)."Third quarter results were ahead of our expectations and continued to demonstrate growth and increased sales momentum....

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Nokia Sales Rise 3% Sequentially to EUR 10.3 billion

Nokia reported Q3 net sales of EUR 10.3 billion, up 5% year-on-year and 3% sequentially (down 2% and up 1% at constant currency). The company shipped a total of 110.4 million mobile devices during the quarter, up to 2% compared to last year but down 1% sequentially.Stephen Elop, Nokia's new CEO, said the company faced a uniquely disruptive period in the mobile industry but that the company's technical depth provides unique opportunities for innovation.Some...

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Freescale's Q3 Sales Rise to $1.15 Billion

Freescale Semiconductor reported net sales of $1.15 billion, compared to $1.11 billion in the second quarter of 2010 and $893 million in the third quarter last year. Income from operations for the three months ended October 1, 2010 was $1 million, compared to a loss of $18 million in the second quarter of 2010 and a loss of $261 million in the third quarter of 2009. "Third quarter results continued our momentum with growth in revenues and profitability for Freescale," said Rich Beyer, chairman and CEO. "All of our core businesses grew sequentially...

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PMC-Sierra to Acquire Wintegra for Mobile Backhaul Network Processors

PMC-Sierra has agreed to acquire Wintegra, a privately-held developer of networking silicon based in Austin, Texas, for approximately $213 million in cash.Wintegra's WinPath family of network processors is used in 3G/4G base stations, fiber and microwave cell-site routers, as well as radio network controllers deployed globally in mobile networks. The has 165 employees with the majority of its R&D development team located in Ra'anana, Israel,...

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AT&T Sees Continued Strength in Wireless

Led by strong mobile growth, AT&T reported consolidated revenues of $31.6 billion, up $847 million, or 2.8 percent, versus the year-earlier quarter, and up 2.5% over the previous quarter. This marks the company's third consecutive quarter with a year-over-year revenue increase. Net income totaled $12.3 billion, or $2.08 per diluted share, including $1.53 in one-time gains from a previously disclosed tax settlement and the sale of Sterling Commerce.Capital...

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