Verizon Expands Network in Africa and the Middle East

Verizon announced the expansion of its Private IP service to the following locations: Gabon on Africa's western coast; Djibouti and Ethiopia on the Horn of Africa; Malawi and Zimbabwe in Eastern Africa; and Swaziland in the southern region. The expansion brings to 21 the number of African countries where Verizon's Private IP is now available. In addition, the network has been expanded to Bahrain and Qatar in the Middle East. Services were already available in Egypt, Israel, Jordan, Kuwait, Pakistan, Saudi Arabia, Turkey and United Arab Emirates...

Read More

AT&T Reports Soaring Wi-Fi Traffic

The volume of traffic on AT&T's Wi-Fi network nearly tripled in 2011 over 2010 for a total of 1.2 billion overall connections. The uptick in traffic was especially noticeable in Q4 2011, when 486.9 million connections were made over the 3 month period. There are now more than three million connections per day to the AT&T Wi-Fi Network "As AT&T Wi-Fi connections and usage soar at hospitality locations, retail stores, stadiums and enterprise...

Read More

Alcatel-Lucent Appoints Head of Enterprise Division

Alcatel-Lucent has appointed Michel Emelianoff as President of its Enterprise division, succeeding Tom Burns, who after 12 years is leaving the company for personal reasons. Michel Emelianoff is Vice President & General Manager, Data & Security Solutions for Alcatel-Lucent Enterprise. He joined Alcatel Enterprise in 1998 as Sales Director, Northern Europe. Prior to joining Alcatel, Michel spent six years at Siemens, where he held positions in sales, marketing, and business development in Germany, France, and the U.S. Michel Emelianoff...

Read More

Oclaro Sees Recovery from Thai Floods

Oclaro reported revenues of $86.5 million for the second quarter of fiscal 2012, compared to revenues of $105.8 million in the first quarter of fiscal 2012. While above the high end of the company’s guidance for the quarter, revenues and operating results for the quarter were materially impacted by the flood in Thailand. GAAP gross margin was 13% for the second quarter of fiscal 2012, compared to a GAAP gross margin of 23% in the first quarter of fiscal 2012.“In the second quarter of fiscal 2012, Oclaro achieved revenue at the high end of our...

Read More

Nokia Posts Q4 2011 Net sales of EUR 10.0 Billion, Down 21%

Nokia reported net sales of EUR 10.0 billion for the fourth quarter of 2011, down 21% from Q4 2010 and up 11% from the preceding quarter. There was a loss of nearly EUR 1.1 billion.Sales of devices and services overall fell by 29%: in Europe, these sales fell 38%, in China by 40% and in North America, these sales fell by 77%.On the bright side, Nokia reported that the sale of more than one million of its new Windows-based Lumia phones."In the war...

Read More

AT&T: iPhone Accounts for 80% of Smartphone Sales

AT&T reported blockbuster mobile broadband sales in Q4 2011 with 9.4 million smartphone activations in the quarter -- 50 percent more than the previous quarterly record and nearly double 3Q11 sales. This equates to over 100,000 smartphone activations for every day of the quarter. There were 7.6 million iPhone activations, meaning that Apple represented 81% of smartphone sales in Q4 for AT&T. “This was a blowout quarter for smartphone...

Read More

Orange Sees Growth in French Cloud Computing

Orange Business Services reported that it now has over 3,600 customers in France using its cloud computing solutions. This includes 110 for the Flexible Computing Express Infrastructure as a Service (IaaS) offer, introduced in October 2011, and over 2,500 small business customers for Cloud Pro, a suite of online services launched in June 2011. http://www.orange-business....

Read More

Riverbed's Q4 Revenue Rises to $203 Million, up 7% YoY

Riverbed Technology reported Q4 2011 revenue of $203 million, an increase of 7% from $190 million reported in the third quarter of This compares to GAAP net income of $19 million, or $0.12 per share, in Q3’11 and $13 million, or $0.08 per share, in Q4’10. GAAP net income for 2011 was $64 million, or $0.38 per diluted share, compared to GAAP net income of $34 million, or $0.22 per diluted share, in 2010. "We believe we are in the strongest strategic and competitive position in our history. Adding to that, early in 2012 we will be entering what we...

Read More

Freescale's Q4 Sales Decline to $1.01 billion

Freescale Semiconductor reported net sales for the fourth quarter of 2011 were $1.01 billion, compared to $1.14 billion in the third quarter of 2011 and $1.18 billion in the fourth quarter last year. Net sales for calendar year 2011 were $4.57 billion compared to $4.46 billion in calendar year 2010.The net loss for the fourth quarter of 2011 was $6 million, or $.02 per share, compared to a loss of $88 million, or $.36 per share, in the third quarter of 2011 and a loss of $102 million, or $.52 per share, in the same period last year. The net loss...

Read More

Juniper Posts Weak Q4 Revenue

Juniper Networks' net revenues for the fourth quarter of 2011 decreased 6% on a year-over-year basis, and increased 1% sequentially, to $1,120.8 million. For the year ended December 31, 2011, Juniper's revenue increased 9% on a year-over-year basis to $4,448.7 million.The company posted GAAP net income of $96.2 million, or $0.18 per diluted share, and non-GAAP net income of $150.1 million, or $0.28 per diluted share, for the fourth quarter of 2011. Included in the GAAP diluted earnings per share was a $0.02 cents impact for restructuring and other...

Read More