Tuesday, April 12, 2011

Sequans Makes NYSE Debut

Sequans Communications, a supplier of LTE and WiMAX silicon, completed an initial public offering of American Depositary Shares (ADSs), representing 7,700,000 ordinary shares, at a price to the public of $10.00 per ADS. The company's shares are now trading on the New York Stock Exchange under the ticker symbol SQNS.Trading closed on Friday at $8.25Sequans is based in Paris.http://www.sequans....

Fujitsu to Build Open, Wholesale FTTH Network in UK

Fujitsu UK announced plans to build an open access, wholesale FTTH network serving 5 million homes in rural Britain. The network would be an alternative to BT Openreach but use the company's existing underground ducts and telegraph poles. The FTTH network would use Cisco gear. Fujitsu said some of the funding for this project could come from the £530 million earmarked by the UK Government to drive investment in superfast broadband in rural communities....

Infonetics: IP/Ethernet at 89% of all Mobile Backhaul Spending

The mobile backhaul equipment market grew 10.3% in 2010 over the previous year, to $6.84 billion worldwide, according to a recently released Mobile Backhaul Equipment and Services market share and forecast report from Infonetics Research.Infonetics cites the addition of almost 1.5 billion mobile subscribers and 1.6 billion mobile broadband subscribers between 2011 and 2015 as the key driver. This growth will require more base stations, more cell site connections, higher backhaul capacities, and equipment for each cell site connection.Infonetics...

Orckit-Corrigent Expands R&D in India

Tel Aviv-based Orckit-Corrigent has established a new research and development branch in Chennai, India. The new facility includes multiple research labs and has been established to strengthen research and development efforts of Orckit-Corrigent's Packet Transport Network (PTN) solutions for Indian customers, as well as to extend the company's global R&D efforts. http://www.orckit....

Motorola and Huawei End Legal Tussle

Motorola Solutions and Huawei Technologies agreed tp settle all pending litigation. Motorola Solutions has agreed to withdraw its claims and dismiss, with prejudice, Huawei as a defendant in the Motorola v. Lemko, et al. litigation pending in the Chicago federal district court. For its part, Huawei has agreed to withdraw its claims and dismiss, with prejudice, its lawsuit against Motorola Solutions and Nokia Siemens Networks (NSN) in the Chicago...

Telefónica Forecasts 1-4% Annual Growth for 2010-2013

At its annual shareholder meeting, Telefónica predicted that it will outperform its major international competitors in subscriber and financial metrics as it grows at an annual pace of between 1% to 4%. This includes outpacing France Telecom, Deutsche Telekom, BT, Vodafone and AT&T in terms of organic revenue growth, largely due to Telefónica's operations in Latin America. Strategic alliances with China Unicom and Telecom Italia are also predicted...

Airspan Picks NetLogic Multi-Core Processors for 4G LTE Base Stations

Airspan Networks has selected NetLogic Microsystems' XLP multi-core, multi-threaded processors to power and boost the performance of its Air4G family of 4G LTE base stations. NetLogic said its processor is ideally suited for LTE base stations because it combines quad-issue, quad-threading and superscalar out-of-order execution with a high-performance floating point unit and a low latency tri-level cache architecture to deliver significant data plane and control plane performance. Airspan's Air4G base station integrates capabilities such as MIMO...

nTelos Deploys Alcatel-Lucent's EV-DO and IP/MPLS Backbone

nTelos Wireless, which serves the mid-Atlantic region of the U.S. has selected Alcatel-Lucent to expand and upgrade its existing wireless broadband network in Hagerstown, MD. The deployment includes Alcatel-Lucent's EV-DO Revision A (Rev. A) technology, a high performance IP mobile backhaul network using the Alcatel-Lucent 7750 Service Router and 7450 Ethernet Service Switch, and professional services.nTelos Wireless received funding for this project...

FBI Acts Against Coreflood Botnet

The U.S. Department of Justice and FBI took action to disrupt the Coreflood botnet, which is believed to have infected some 2 million Windows PCs with keylogging software and other malware.Specific actions include:The U.S. Attorney's Office for the District of Connecticut has filed a civil complaint against 13 unnamed perpetrators engaged in wire fraud, bank fraud, and illegal interception of electronic communications. Search warrants were obtained...

Juniper Releases MAG Series Junos Pulse Gateways

Juniper Networks introduced its MAG Series Junos Pulse Gateways for delivering secure network connectivity for mobile devices. The new MAG Series Junos Pulse Gateways, with the Junos Pulse client, deliver mobile, remote network access with Juniper's SSL VPN and local access with Unified Access Control (UAC) technologies in a modular, purpose-built chassis. Key features include:Application Density— The MAG Series supports SSL VPN and network access...

Orange Business Wins Global Network Deal with NZ Govt

Orange Business Services has won a new contract to deliver global networking services for New Zealand Ministry of Foreign Affairs and Trade. The MPLS VPN network will connect New Zealand Ministry of Foreign Affairs and Trade with relevant government agencies and global offices across 56 sites in 52 countries. Service supported include secure voice, video, remote access, mobile working and unified communications. Financial terms were not disclosed.Orange Business Services already counts 10 other foreign ministries as customers.http://www.oran...

AboveNet and Equinix Complete Interoperability Tests with EANTC

AboveNet completed an interoperability test across Equinix's Carrier Ethernet Exchange (ECEE) platform between London and Frankfurt. The tests, which were carried out by the European Advanced Networking Test Center (EANTC), validated AboveNet's compliance with MEF (Metro Ethernet Forum) standards for quality and interoperability. By adding two new Equinix Carrier Ethernet Exchange locations in Europe to its existing US connections provides an even...