Hibernia Trims Latencies on its Global Financial Network

Hibernia Atlantic has trimmed network latencies across key financial routes on its Global Financial Network (GFN). The improvements were achieved through faster technologies and shorter fiber routes.The company said major GFN financial routes, such as from New Jersey to Toronto, are now marked by speeds as fast as 9.5 millisecond round trip delay. Hibernia Atlantic also further improved latency on routes in and around the New Jersey metro area to...

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Charter Refinances $1.1 Billion

Charter Communications closed on the sale of $1.1 billion in aggregate principal amount of senior unsecured notes due 2019. The notes bear an interest rate of 7.00 percent per annum and were issued at a price of 99.246 percent of the aggregate principal amount. Charter said the funds would be used to repay outstanding term loan borrowings under its subsidiary's credit facility.http://www.charter.com/...

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IBM and Samsung Team on Silicon Development

IBM and Samsung agreed to collaborate on basic research into new semiconductor materials, manufacturing processes and other technologies suitable for a broad range of applications -- from smart phone handsets to communications infrastructure. The companies are looking at new process technologies with potential for mobile communications and high-performance applications. The agreement also renews IBM and Samsung's joint process development agreement (JDA) to multiple nodes starting at 20nm.http://www.ibm.com http://www.samsung....

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GENBAND and PT Form Signaling Partnership

GENBAND and PT (formerly Performance Technologies) announced a multi-faceted development agreement under which PT will provide GENBAND with development, support and maintenance of signaling solutions as integral elements of GENBAND's premier switching portfolio. In addition, PT has acquired specific signaling assets from GENBAND that include the Universal Signaling Point (USP) and SP2000 products and related intellectual property rights."Both GENBAND and PT are leaders in IP-based technology, and we welcome them as a strategic partner," said John...

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Seventeen LTE Networks Now Launched

The number of LTE networks now in commercial operation has reached 17, according the official count of the Global mobile Suppliers Association (GSA) on 12-January-2010. There have been 128 firm operator commitments to deploy commercial LTE systems in 52 countries, and a further 52 "pre-commitment" trials or pilots in an additional 18 countries. This pace of adoption is expected to be faster than with previous generations of mobile technology."LTE...

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Nigeria's Glo Moves Forward with LTE

Globacom announced the launch of Nigeria's first LTE service in Lagos. LTE modems and smartphones are expected to be available shortly in Lagos. Glo currently serves over 25 million mobile subscribers across Nigeria and owns network assets in other African markets including Benin, Ghana, Ivory Coast, Senegal and Gambia. "For our subscribers, LTE offers the key benefits of performance and capacity," stated Mr. Mohamed Jameel, Group Chief Operating...

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BT Picks 41 Towns for FTTC/FTTH Rollout

BT selected 41 towns across the UK for the next phase of its fibre broadband deployment. Customers in these towns will be able to access super-fast broadband speeds of up to 40 Mbps from Spring 2012. The network architecture uses fibre to street cabinets (FTTC) to achieve the 40 Mbps downlink rates, potentially rising to 60 Mbps. BT is also trialling fibre to the premises (FTTP) broadband services at download speeds of up to 100 Mbps. The list of...

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NetApp to Acquire Akorri for Data Center Optimization Tools

NetApp agreed to acquire Akorri Networks, a start-up focused on data center optimization, for an undisclosed sum.Akorri's BalancePoint software uses cross-domain analysis and advanced analytics to help manage, optimize, and plan performance and utilization across data center infrastructure. The software helps identify performance bottlenecks and improve storage capacity planning.NetApp said Akorri's technology helps extends its own "NetApp OnCommand"...

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DragonWave Posts Revenue of $27M

DragonWave reported revenue of US$27.0 million for the third quarter of its fiscal year 2011, compared with $27.2 million in the second quarter of fiscal year 2011 and $51.6 in the third quarter of fiscal year 2010. Net loss in the third quarter of fiscal year 2011 was $0.05 million, which equated to $0.00 per diluted share, compared with net income of $1.2 million or $0.03 per diluted share in the second quarter of this fiscal year and $11.6 million or $0.34 in the third quarter of the prior fiscal year.Revenue from customers within North America...

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WiMAX Operators Draft Global Roaming Agreements

Sixteen WiMAX operators from across the globe met this week to draft roaming agreements between their networks. The meeting occurred at the first WiMAX Forum Global Operator Summit, which was hosted in Taipei. "The WiMAX Forum Global Operator Summit was created to specifically address overcoming both business and consumer perceptions that data roaming is expensive, and to explore ways to help operators grow revenue," said Ron Resnick, president...

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TeliaSonera Picks Huawei for GSM/HSPA+/LTE in Southern Norway

TeliaSonera has selected Huawei to expand and upgrade its GSM/HSPA+/LTE network throughout southern Norway, including an expansion of the existing 4G/LTE network in Oslo, Bergen and Stavanger. TeliaSonera will implement Huawei's SingleRAN@Broad solution, which supports theoretical top downlink speeds of 150 Mbps. In addition, the 42 Mbps HSPA+ network will be deployed and prepared for 84 Mbps HSPA+. The project will start immediately and be finalized...

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