Thursday, December 15, 2011

AT&T Boosts its Quarterly Dividend

AT&T announced a 2.3 percent increase in its quarterly dividend paid to stockholders -- from $0.43 to $0.44 a share on a quarterly basis, which would be an increase from $1.72 to $1.76 a share on an annualized basis.“Throughout the economic downturn, we’ve been very disciplined financially, which has given us strong cash flows and an ability to pay down debt while investing about $20 billion this year to support more customer usage,�? said...

Global Business Exchange for Telekom

A new global consortium of telecom carriers has been formed with the aim of establishing standards for the electronic exchange of data in international wholesale services. GBET was started by Deutsche Telekom’s wholesale arm ICSS and other major players of the industry, including Verizon, TeliaSonera, PCCW, iBasis, and Telarix, in June 2011. The organization has now launched its website to draw attention to the activities of the organization and find new members. GBET said its member companies will have a unique opportunity to participate...

Verizon Wireless to Acquire 20 MHz of AWS Spectrum from Cox for $315M

Verizon Wireless will acquire Cox Communications' 20 MHz Advanced Wireless Services (AWS) spectrum licenses covering 28 million POPs for $315 million. The sale does not include Cox's 700 MHz spectrum licenses, the company's Cox Wireless customer accounts or any other assets. The transfer of licenses requires FCC approval.Separately, the companies agreed to become agents to sell each other's residential and commercial products and services through...

Telenor Wins 4-Year Contract with Statoil

Telenor was awarded a four-year contract to serve Statoil as the main provider of communications services to their 20,000 employees. The contract, worth approximately NOK 400 million, covers mobile, fixed and IP telephony, mobile broadband, mobile business networks, SMS solutions and functionality for Statoil. In addition, Telenor already supplies Nordic Connect IP-VPN, leased lines and wireless zone to Statoil. http://www.telenor....

AT&T Boosts its Quarterly Dividend

AT&T announced a 2.3 percent increase in its quarterly dividend paid to stockholders -- from $0.43 to $0.44 a share on a quarterly basis, which would be an increase from $1.72 to $1.76 a share on an annualized basis.“Throughout the economic downturn, we’ve been very disciplined financially, which has given us strong cash flows and an ability to pay down debt while investing about $20 billion this year to support more customer usage,�? said...

Global Business Exchange for Telekom

A new global consortium of telecom carriers has been formed with the aim of establishing standards for the electronic exchange of data in international wholesale services. GBET was started by Deutsche Telekom’s wholesale arm ICSS and other major players of the industry, including Verizon, TeliaSonera, PCCW, iBasis, and Telarix, in June 2011. The organization has now launched its website to draw attention to the activities of the organization and find new members. GBET said its member companies will have a unique opportunity to participate...

Verizon Wireless to Acquire 20 MHz of AWS Spectrum from Cox for $315M

Verizon Wireless will acquire Cox Communications' 20 MHz Advanced Wireless Services (AWS) spectrum licenses covering 28 million POPs for $315 million. The sale does not include Cox's 700 MHz spectrum licenses, the company's Cox Wireless customer accounts or any other assets. The transfer of licenses requires FCC approval.Separately, the companies agreed to become agents to sell each other's residential and commercial products and services through...

Telenor Wins 4-Year Contract with Statoil

Telenor was awarded a four-year contract to serve Statoil as the main provider of communications services to their 20,000 employees. The contract, worth approximately NOK 400 million, covers mobile, fixed and IP telephony, mobile broadband, mobile business networks, SMS solutions and functionality for Statoil. In addition, Telenor already supplies Nordic Connect IP-VPN, leased lines and wireless zone to Statoil. http://www.telenor....

BinOptics Raises $13.3 Million for Lasers of Photodiodes

BinOptics, a start-up spun out of Cornell University in 2000, closed $13.3 million in new funding for its lasers and monolithically integrated optoelectronic components . The company will use the funding to continue expansion of its product lines and to accelerate development of new products. Five new investors participated in this round: Advantage Capital Partners, Enhanced Capital Partners, Gefinor Ventures, Onondaga Venture Capital Fund, and...

NTT Com’s Japan-U.S. Bandwidth Tops 600 Gbps

NTT Communications has once again boosted the data-transmission capacity of its Global IP Network between Japan and the United States, giving it 600 Gbps of capacity on this route. The carrier reports a seven-fold increase in its Japan-U.S. bandwidth between 2005 and 2010. This latest jump-from 500 Gbps to 600 Gbps in just four months-aims to cater to even stronger demand being generated in today’s cloud-computing, micro-blogging, social network and online media-intensive environment. http://www.ntt.co...

Crown Castle Expands to Small Cell and DAS with NextG Acquisition

Crown Castle International agreed to acquire NextG Networks for approximately $1.0 billion in cash. Crown Castle expects to fund the acquisition with debt financing. NextG is owned by a group of investors led by Madison Dearborn Partners and including Accel Partners, Redpoint Ventures and Meritech Capital Partners. NextG, which specializes in outdoor distributed antenna systems ("DAS"), currently has over 7,000 nodes-on-air and a further 1,500...

Blueprint: The "Flattening Effect" and Network Intelligence

by Terence Martin and Andy Huckridge How To Stay Ahead of the Growing Trend for “Anywhere, Anytime” Data The immense growth of IP-based data traffic and applications on mobile devices is pushing the adoption of 4G technologies and fueling the migration to faster data rates. Service providers busy with migration strategies are upgrading existing networks as stop-gap measures to allow an all-IP based services platform. Carriers and handset vendors are differentiating their offerings by rolling out application portals while providing improved...