Greenpacket, P1 and Sequans Collaborate on WiMAX/LTE

Sequans Communications, Packet One Networks (Malaysia), and Greenpacket, are working together to develop LTE solutions, including dual-mode 4G WiMAX/LTE solutions.Greenpacket is a global supplier of customer premise equipment. Its customers include P1, its operator subsidiary in Malaysia. Greenpacket is testing Sequans technology to develop LTE and dual-mode WiMAX/LTE reference designs as part of its strategy to launch a complete ecosystem of 4G networking solutions and devices by the end of 2011."We are testing Sequans' system-on-chip technology...

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Mobile World Congress Renews with Barcelona for 2012-2018

The GSMA has named Barcelona as "Mobile World Capital" from 2012 to 2018.. As the Mobile World Capital, Barcelona will be the home of the GSMA Mobile World Congress. A number of other cities had been bidding to host the event. The show organizers are also planning to develop a range of other programmes and activities that will span the entire year and will benefit not only the citizens of Barcelona, Catalonia and Spain, but also the worldwide...

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Ixia's Q2 Revenue Comes In at $69.0 Million

Ixia reported Q2 revenue of $69.0 million, compared with $66.1 million reported for the 2010 second quarter and $78.5 million reported for the first quarter of 2011.On a GAAP basis, the company recorded net income for the 2011 second quarter of $0.5 million, or $0.01 per diluted share, compared with a net loss of $0.4 million, or $0.01 per share, for the 2010 second quarter. Non-GAAP net income for the 2011 second quarter was $5.8 million, or $0.08 per diluted share, compared with non-GAAP net income of $6.8 million, or $0.10 per diluted share,...

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Calix Posts Q2 Revenue of $98 million

Calix reported record Q2 revenue of $98.0 million, an increase of 36.7% compared to $71.7 million for the second quarter of 2010.Non-GAAP net income for the second quarter of 2011 was $7.8 million, or $0.16 per fully diluted share, an increase of 40.8% compared to non-GAAP net income of $5.5 million, or $0.14 per fully diluted share, for the second quarter of 2010. GAAP net loss for the second quarter of 2011 was $17.6 million, or $(0.38) per basic and diluted share, compared to a GAAP net loss of $3.2 million, or $(0.09) per basic and diluted...

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Verizon Names Lowell McAdam as CEO

Verizon named Lowell C. McAdam as president and chief executive officer of Verizon Communications, replacing Ivan G. Seidenberg, who will remain chairman to continue to facilitate the transition.In his current role, McAdam, 57, is responsible for all business operations at Verizon, including the strategic direction of the company's products and technologies. He has served on the board of Verizon since March 2011 and on the board of Verizon Wireless...

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Nokia Cuts Outlook as Market Share Falls

Smart devices sales in Q2 fell 33% compared to the previous quarter, leading Nokia to report disappointing financial results. The company's Q2 2011 net sales were EUR 9.3 billion, down 11% from the preceding quarter and down 7% compared to a year earlier."The challenges we are facing during our strategic transformation manifested in a greater than expected way in Q2 2011. However, even within the quarter, I believe our actions to mitigate the impact...

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BlueCat Raises $16.8 Million for IP Address Management

BlueCat Networks, a start-up based in Toronto, secured $16.8 million in new financing for its enterprise-class DDI solution (DNS, DHCP and IPAM). BlueCat acts as a corporate IP Network Authority, helping companies manage the migration to IPv6, secure network infrastructure by implementing standards like DNSSEC and the requirement for regulatory compliance. The latest funding was led by new investor Trident Capital."BlueCat Networks has enjoyed remarkable...

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PMC-Sierra's Q2 Revenue Rises 9% Sequentially to $171M

PMC-Sierra reported Q2 revenue of $171.0 million, a sequential increase of 9% compared with $157.4 million in the first quarter of 2011, and 6% higher than net revenues of $160.7 million in the second quarter of 2010. Net income (GAAP) was $16.7 million, or $0.07 per diluted share, compared with GAAP net loss in the first quarter of 2011 of $7.7 million, or $0.03 per share. "Strength in our storage and optical businesses, combined with solid execution,...

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Acme Packet Posts Record Revenue, Raises Guidance

Acme Packet reported record quarterly revenue of $79.7 million for Q2, compared to $53.3 million in the second quarter of 2010 and $74.0 million in the first quarter of 2011. Net income in the second quarter of 2011 was $14.0 million, or $0.20 per share, compared to $9.7 million, or $0.14 per share, in the second quarter of 2010 and $13.7 million, or $0.19 per share, in the first quarter of 2011. Acme Packet also raised its business outlook for 2011 from a range of $310-315 million to a new range of $315-320 million. http://www.acmepacket....

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Etisalat and Telefónica Enter Strategic Partnership

Etisalat and Telefónica announced a strategic partnership covering a range of areas, including collaboration on technological standardization, new global technology initiatives, R&D, and new emerging products and services designed to capture the digital growth opportunities such as M2M, financial services or cloud-based services. Additionally and taking advantage of the benefits of the Telefónica Partners Program, both companies have also agreed...

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Ericsson's Q2 Sees Boost from Mobile Broadband

Ericsson reported Q2 sales of SEK 54.8 (48.0) b., up 14% year-over-year and 3% sequentially. Sales for comparable units, adjusted for currency exchange rate effects and hedging, increased 27% year-over-year. Including acquired businesses sales increased further 2%-points. The strong growth we have seen in the past quarters continued also this quarter. Gross margin in the quarter was down year-over-year at 37.8% (39.0%), and was slightly down from...

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AT&T Boosts CAPEX as Smartphones Drive Q2

Driven by mobile data, smartphone and U-verse, AT&T reported Q2 revenues of $31.5 billion, up more than $680 million, or 2.2 percent, versus the year-earlier quarter, marking the company's sixth consecutive quarter with a year-over-year revenue increase. Profit declined to $0.60 diluted EPS, compared to $0.67 diluted EPS, versus the year-earlier period."Mobile broadband growth continues to be robust, and we are seeing encouraging signs in wireline...

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Germany's M-net Telekom Deploys IMS with NSN

M-net Telekommunikations GmbH, a leading operator in Bavaria, Germany, is swapping its existing softswitch with a solution from Nokia Siemens Networks. The operator will deploy NSN's IMS platforms for the rapid introduction of new services while reducing network operating costs and improving energy efficiency."Upgrading our network to an NGN platform is essential for us to further strengthen our position in voice services. With this upgrade, we will...

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Bharti Airtel Africa Awards 5-Year Managed Services Deal to Ericsson

Bharti Airtel awarded a five year managed services agreement to Ericsson for upgrading, optimizing and managing its mobile networks in Africa. Financial terms were not disclosed. Under a separate two year agreement, Ericsson will modernize and upgrade Airtel's mobile networks in Africa with the latest technology including its multi standard RBS 6000 base station. Ericsson will also provide technology consulting, network planning & design and...

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France Telecom Signs Iliad (Free) for FTTH Rollout

France Telecom-Orange announced a milestone agreement with Free (Iliad Group) covering its forthcoming FTTH rollout across France. The joint financing deal covers about 60 less-dense areas in France representing 5 million homes.As announced earlier this year, France Telecom-Orange plans to invest EUR 2 billion by 2015 to bring fiber-optic networks to 3,600 French municipalities (communes), covering 10 million households by 2015 and 15 million...

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Emerald Atlantis Plans 100 x 100 Gbps Undersea Cable System

Emerald Atlantis unveiled plans to build a 100 Gbps undersea cable system along the "Great Circle" route connecting North America to Europe via Iceland. The ambitious project, which has set a late 2012 commissioning date, aims to be the first 100 Gbps, long-haul, undersea fiber cable.Emerald Express has been designed to support 100 x 100Gbs on each of its six fibre pairs. Emerald Atlantis has already a construction contract to TE SubCom to proceed...

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