Cavium posted Q4 2011 revenue of $56.3 million, a 16.9% sequential decrease from the $67.7 million reported for the third quarter of 2011.
Net loss for the fourth quarter of 2011, on a GAAP basis, was $9.4 million, or $(0.19) per diluted share, compared to net income of $6.0 million, or $0.12 per diluted share in the third quarter of 2011. Gross margins were 58.1% in the fourth quarter of 2011 compared to 59.9% in the third quarter of 2011. Total cash and cash equivalents were $63.2 million at December 31, 2011.
http://www.cavium.com
Net loss for the fourth quarter of 2011, on a GAAP basis, was $9.4 million, or $(0.19) per diluted share, compared to net income of $6.0 million, or $0.12 per diluted share in the third quarter of 2011. Gross margins were 58.1% in the fourth quarter of 2011 compared to 59.9% in the third quarter of 2011. Total cash and cash equivalents were $63.2 million at December 31, 2011.
http://www.cavium.com
América Móvil, the largest wireless operator in the Americas, has selected Alcatel-Lucent to provide infrastructure for its LTE/4G network rollout in Latin America. The initial deployment with Claro, América Móvil's brand in Puerto Rico, is underway. Financial terms were not disclosed.

AT&T and Orange Business Services announced a new inter-provider connectivity agreement for a global telepresence service that expands the features and capabilities of video collaboration. The new service is available to all AT&T Telepresence Solution and Orange Telepresence Community customers using Cisco TelePresence endpoints.


U.S. Cellular, which serves about 5.9 million mobile users, plans to launch its first LTE markets next month in partnership with King Street Wireless. Initial markets include Milwaukee, Madison and Racine, Wis.; Des Moines, Cedar Rapids and Davenport, Iowa; Portland and Bangor, Maine; and Greenville, N.C. U.S. Cellular is the first wireless carrier to offer 4G LTE in several of these markets. The next wave of market launches will be announced later this month. 





