Zayo Completes Acquisition of 360networks

Zayo completed its previously announced acquisition of 360networks.The deal adds 360networks' 18,500 route miles of metro and intercity fiber to Zayo's network, interconnecting 73 markets across the central and western United States, including 24 existing Zayo fiber markets. In addition to its intercity network, 360networks operates metropolitan fiber networks across 25 markets. The acquisition also provides Zayo access to a number of new markets...

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Metaswitch Hire Former Cisco Executive

Metaswitch Networks has appointed Ray Smets as senior vice president of field operations, reporting to CEO Kevin DeNuccio. Smets most recently served as vice president/general manager of the Wireless Networking Business Unit at Cisco Systems. Before that, he served as vice president of sales and marketing at Packeteer, executive vice president of sales and marketing at Netopia, and president of Network General at McAfee Security, Inc. http://www.metaswitch....

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Tellabs Appoint VP Sales for Asia-Pac

Tellabs has appointed Sharat Sinha as vice president, Asia Pacific sales. Most recently, he served as Cisco's managing director, service provider partners/channels for the Asia-Pacific region. His background includes leading sales teams, setting sales and marketing strategy, developing channels and speaking in industry forums. http://www.tellabs....

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Verizon Wireless to Acquire AWS Spectrum from Cable Operators

Verizon Wireless announced a deal to acquire 122 Advanced Wireless Services spectrum licenses from SpectrumCo, a joint venture between Comcast Corporation, Time Warner Cable, and Bright House Networks, for $3.6 billion. The transfer of licenses will require approval from the FCC and review from the Department of Justice.The companies also announced several agreements to resell each others' services. The cable companies will have the option of selling Verizon Wireless' service on a wholesale basis. Furthermore, the companies will form an innovation...

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Zayo Completes Acquisition of 360networks

Zayo completed its previously announced acquisition of 360networks.The deal adds 360networks' 18,500 route miles of metro and intercity fiber to Zayo's network, interconnecting 73 markets across the central and western United States, including 24 existing Zayo fiber markets. In addition to its intercity network, 360networks operates metropolitan fiber networks across 25 markets. The acquisition also provides Zayo access to a number of new markets...

Read More

Metaswitch Hire Former Cisco Executive

Metaswitch Networks has appointed Ray Smets as senior vice president of field operations, reporting to CEO Kevin DeNuccio. Smets most recently served as vice president/general manager of the Wireless Networking Business Unit at Cisco Systems. Before that, he served as vice president of sales and marketing at Packeteer, executive vice president of sales and marketing at Netopia, and president of Network General at McAfee Security, Inc. http://www.metaswitch....

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Tellabs Appoint VP Sales for Asia-Pac

Tellabs has appointed Sharat Sinha as vice president, Asia Pacific sales. Most recently, he served as Cisco's managing director, service provider partners/channels for the Asia-Pacific region. His background includes leading sales teams, setting sales and marketing strategy, developing channels and speaking in industry forums. http://www.tellabs....

Read More

Verizon Wireless to Acquire AWS Spectrum from Cable Operators

Verizon Wireless announced a deal to acquire 122 Advanced Wireless Services spectrum licenses from SpectrumCo, a joint venture between Comcast Corporation, Time Warner Cable, and Bright House Networks, for $3.6 billion. The transfer of licenses will require approval from the FCC and review from the Department of Justice.The companies also announced several agreements to resell each others' services. The cable companies will have the option of selling Verizon Wireless' service on a wholesale basis. Furthermore, the companies will form an innovation...

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Emerald Networks Plans $300 Million TransAtlantic Cable

Emerald Networks, a new company backed by Wellcome Trust, has recently retained Jefferies & Company to raise $300 million to fund its proposed transatlantic cable.Emerald Networks' submarine cable system will be a new-build 5,200 km, 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,...

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India Advances Plan to Extend Fibre to Rural Villages

The Indian government approved a plan for extending the forthcoming National Optical Fibre Network (NOFN) to rural villages. The goal is to extend broadband connectivity to some 250,000 rural villages by utilizing the Universal Services Obligation Fund (USOF) and creating an institutional mechanism for management and operation of the NOFN for ensuring non discriminatory access to all service providers. An initial project will map the networks of various telecom operators such BSNL, Rail Tel, Power Grid, etc. The incremental fibre length can...

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SAP to Acquire SuccessFactors for $3.4 Billion

SAP agreed to acquire SuccessFactors, a provider of cloud-based human capital management (HCM) solutions, for $40.00 per share in cash, representing an enterprise value of approximately $3.4 billion. SuccessFactors has over 3,500 enterprises using its cloud-based Business Execution solution to perform organizational tasks such as employee reviews, compensation management, employee performance measurement, etc. The company is based in San Mateo,...

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