Thursday, October 27, 2011

Harmonic Sees Rebound in Q3

Harmonic reported net revenue for the third quarter of 2011 of $138.9 million, up from $104.8 million in the third quarter of 2010. International sales represented 51% of total revenue for the third quarter of 2011. Total bookings in the third quarter of 2011 were approximately $141.4 million, up from approximately $107.5 million for the third quarter of 2010. The company reported GAAP net income for the third quarter of 2011 of $3.5 million, or $0.03 per diluted share, compared to a net loss of $0.4 million, or ($0.00) per diluted share, for...

Last Week's ITU Telecom World Attracted 6,5000

Last week's ITU Telecom World in Geneva attracted a global audience of 6,500 people, include 332 government leaders who participated in the invitation-only Broadband Leadership Summit. The culmination of the event was a global Manifesto for Change that recognizes the importance of broadband for socio-economic development.The next ITU Telecom World event will be held in Dubai, UAE, in Q4 of 2012. http://www.itu....

Magnus Mandersson Appointed Executive VP of Ericsson

Magnus Mandersson has been appointed Executive Vice President of Ericsson as of November 1, 2011. Mandersson is currently Senior Vice President and Head of Business Unit Global Services, a position he will remain in. He joined Ericsson in 2004 to run Ericsson's Managed Services business globally and is now head of Ericsson's overall services offering around the world.http://www.ericsson....

CALIENT Looks to Data Centers for its MEMS Photonic Switching

CALIENT Technologies, which developed a unique photonic switching capability using 3D MEMS, Inc., raised a $19.4 million round of venture financing from a combination of new and existing internal investors. The new funding will be used to expand into data center and cloud computing markets and to finalize development of its new portfolio of 3D MEMS photonic switching systems and modules for OEMs and system integration partners. The company plans...

Infineta Targets New Data Center Migrations

To address the huge logistical challenge of migrating to a new data center, Infineta Systems, a start-up based in San Jose, California, has introduced a WAN optimization service built around the company's flagship Data Mobility Switch (DMS). With the large number of aging corporate data centers across the country, Infineta predicts a growing need to migrate existing applications with very large data sets to new and more efficient facilities or into...

Europe's Radio Spectrum Policy Pushes 800 MHz for Mobile Broadband

The EU agreed a new European radio policy that aims to spur the roll-out of mobile broadband services by requiring Member States to authorise the use of the "digital dividend" 800 MHz band for wireless broadband by January 2013 in all but exceptional circumstances. The agreement will also lead to the creation of an inventory of spectrum use in the Member States, which will be essential to ensure the most efficient allocation of scarce spectrum resources...

Huawei Demos Ultra-long Haul 100G in Russia

Huawei has collaborated with Transtelecom, Rostelecom, Vimpelcom, and Megafon in testing and demonstration of a 2000 km ultra-long haul (ULH) 100G coherent WDM (Wavelength Division Multiplexing) system at Huawei's 100G testing center in Russia. Huawei was able to show that its solution could transmit 100 Gbps services in combination with existing 10 Gbit/s and 40 Gbit/s services over a regeneration-free transmission distance of more than 2000 km. Huawei said its 100G ULH coherent WDM system is now fully mature and ready for deployment. http://...

Cablevision's Q3 Revenues Rise 8% to $1.666 billion

Cablevision, which serves the greater New York metro area, reported an 8% YoY rise in Q3 revenue to $1.666 billion Consolidated adjusted operating cash flow (“AOCF�?) was essentially flat at $539.3 million and consolidated operating income decreased 11.7% to $272.4 million, all compared to the prior year period. Cablevision now has 3,626,000 total customers. Video customers number 3,264,000; high-speed data customers number 2,949,000; and voice...