NetLogic Records Sales of $103.7 million

NetLogic Microsystems reported Q2 revenue of $103.7 million, a 5.1% sequential increase from $98.7 million for the first quarter of 2011 and a 9.1% increase from $95.0 million for the second quarter of 2010. Net loss (GAAP) was $35.2 million or $0.51 per diluted share. By comparison, GAAP net loss was $4.8 million or $0.08 per diluted share for the second quarter of 2010. "With continued positive trends in the wireless infrastructure market, we...

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AppliedMicro Posts Quarterly Revenue of $60.8 million, up 4% sequentially

AppliedMicro reported Q1 2012 net revenues of $60.8 million, up 4% sequentially and up 0.1%. There was a GAAP net loss was $6.9 million or $0.11 per share compared to net loss of $4.0 million or $0.06 per share for the preceding quarter."Although we achieved our revenue targets for the quarter we did experience unfavorable product mix primarily with anticipated "turns" revenue for the quarter. Despite the hit to our gross margins we continue to see a high level of interest in our products and technology and I remain convinced that the long term...

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Telefónica Shows Grown from Latin America and Mobile Data

Telefónica reported Q2 revenues of 30,886 million euros in the first half of 2011 thanks to the sharp rise at Telefónica Latinoamérica (+18.4% year-on-year) and the significant increase of mobile data revenue (+18.5% year-on-year). Consolidated OIBDA advanced 3.7% to 11,304 million euros thanks to the high level of operating efficiency, leaving an OIBDA margin of 36.6% .Some highlights from the financial report:Telefónica Latinoamérica and Telefónica...

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U.S. Wireless Carriers Ask President Obama to Clear Government Spectrum Bands Below 3 GHz

The heads of major U.S. wireless operators, including Ralph de la Vega (AT&T), Patrick Riordan (Cellcom), Dan Hesse (Sprint), Philipp Humm (T-Mobile USA), Mary Dillon (U.S. Cellular) and Dan Mead (Verizon Wireless), published an open letter to President Obama asking him to clear unused and underutilized government spectrum bands below 3 gigahertz (GHz). Specifically, the carriers are asking for the President to direct the National Telecommunications...

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France Telecom's 1H11 Revenue Rose 0.3% to 22.569 B Euros

Despite crises affecting operations in Egypt and Côte d'Ivoire and an unfavourable VAT increase in its home market, France Telecom's first half 2011 revenues rose 0.3% to 22.569 billion euros, excluding the impact of regulatory measures. Restated EBITDA was 7.613 billion euros with margin erosion limited to -1.5 percentage points.Some highlights of the financial report:The Group had 217.3 million customers at 30 June 2011 (excluding MVNOs), a 7.0%...

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OIF Approves OTN-capable E-NNI Routing

The Optical Internetworking Forum (OIF) approved the External Network-Network Interface (E-NNI) OSPFv2-based (Open Shortest Path First, version 2) Routing – 2.0 (Intra-Carrier) Implementation Agreement. The new IA supports routing for digital connections using ITU-T Optical Transport Networking (OTN) standards and incorporates updates and extensions to the E-NNI Routing 1.0 IA (2007), including: formats and encoding for routing of OTN ODUj connectionsEthernet...

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Alcatel-Lucent Sees Fastest Growth in IP/MPLS Router Business

Alcatel-Lucent's Q2 revenue increased 2.4% year-over-year and increased 4.4% sequentially to Euro 3.903 billion. At constant currency exchange rates and perimeter, revenue increased 10.4% year-over-year and increased 7.6% sequentially. Reported net income (group share) was Euro 43 million or Euro 0.02 per share. "We are on track for the year. In the second quarter, our next-generation product sales increased sharply, delivering market share gains...

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NTT America Deploys Bloom Energy Servers in SJ Data Center

NTT America has deployed five Bloom Energy Servers at its Lundy Data Center in San Jose, California. The fuel cells at this data center will use biogas supplied via a pipeline from a California dairy farm to generate electricity on-site.The five Bloom Energy Servers offer a total capacity of 500kW (kilowatts), or approximately the baseline required to power 500 average homes or five 30,000 square-foot office buildings. These will produce over 4.2...

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Sprint Sees Q2 Improvements, But Loss Widens

Citing higher postpaid ARPU, growth in the number of net prepaid subscribers and higher wireless equipment revenues, Sprint reported consolidated net operating revenues of $8.3 billion for Q2, 4 percent higher than in the second quarter of 2010 and remained relatively flat as compared to the first quarter of 2011. Adjusted OIBDA was $1.3 billion for the quarter, including the estimated incremental impact of $120 million from customer acquisition...

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Sprint and LightSquared Sign $13 Billion LTE + Satellite Deal

Sprint and LightSquared announced a 15-year agreement that includes spectrum hosting and network services, 4G wholesale, and 3G roaming. The deal gives Sprint $9 billion in cash to build out its 4G network and provides LightSquared with a Tier-One partner for bringing its wholesale-only, nationwide LTE + L-Band broadband satellite service to market, should the FCC approve its GPS terrestrial interference mitigation proposals.Specifically, LightSquared...

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Gig.U Seeks to Spur FTTH for University Communities

A coalition of 28 leading academic institutions across the U.S. have formed Gig.U: The University Community Next Generation Innovation Project. The goal is to accelerate the offering of ultra high-speed network services to their communities. Organizers said this initiative is needed because current service providers in the United States do not have any plans to offer ultra high-speed services for university communities.Within the next 90 days. Gig.U...

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USDA Announces $192 million in Loans for Broadband Projects

The U.S. Department of Agriculture (USDA) announced $192 million in loans for broadband projects by rural telecom carriers in eight states.Administered by USDA Rural Development's Rural Utilities Service (RUS), this financing is part of the $690 million investment during fiscal year 2011 and is in addition to the $3.5 billion in broadband funding RUS awarded for projects under the American Recovery and Reinvestment Act of 2009. Award recipients include:IowaFarmers...

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