Cavium's Revenue Declines 17% in Q4 to $68 Million

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....

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Palo Alto Networks Hires Ex-CFO of Aruba Networks

Palo Alto Networks appointed Steffan Tomlinson as its new chief financial officer (CFO), effective immediately. Most notably, from 2005 to 2011, Tomlinson served as chief financial officer of Aruba Networks and was instrumental in both their Initial Public Offering and helping the company scale to facilitate growth. From 2000 to 2005, he was the first non-founder employee and, ultimately, chief financial officer of Peribit Networks. http://www.paloaltonetworks....

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Extreme Posts Revenue of $82.8 Million, Profit of $4.1 Million

Extreme Networks reported quarterly net revenue of $82.8 million, and GAAP net income of $4.1 million or $0.04 per diluted share. "These results show the initial positive effect of our company transformation with product revenue up 8% and non-GAAP operating income up 25% from Q1," said Oscar Rodriguez, President and CEO of Extreme Networks. "We are now focused on driving the success of our new products for the cloud, data center and mobile markets, which will begin shipping this quarter." Rodriguez continued, "Across our vertical markets, we...

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Anite Collaborates on TD-LTE Testing with China Mobile

Anite, which specializes in wireless device testing technology, announced a Memorandum of Understanding (MoU) with China Mobile Research Institute (CMRI) to collaborate on research in order to facilitate the global roll-out of TD-LTE technology. The companies are working to develop validated protocol conformance and interoperability test specifications and test systems. http://www.anite....

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América Móvil Picks Alcatel-Lucent for LTE

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.Alcatel-Lucent noted that its LTE solutions have now been selected by more than 20 customers, including two of the world’s largest service providers for commercial...

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Ericsson and Qualcomm Complete Voice Handover from LTE to WCDMA

Ericsson and Qualcomm announced the successful handover of a voice call from LTE to WCDMA on an end-to-end network. The handover used 3GPP-standardized Single Radio Voice Call Continuity (SRVCC). The testing, which was completed in December, demonstrated seamless voice service when the user moves out of LTE coverage as the call is automatically handed over to WCDMA or GSM. The end-to-end network was supplied by Ericsson and the smartphone used...

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AT&T and Orange Expand Cisco Telepresence Interconnectivity

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.“This capability with Orange further extends AT&T’s telepresence offer and brings the benefits of the AT&T...

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TeliaSonera Increases Stake in GSM Kazakhstan

TeliaSonera has increased its ownership in in GSM Kazakhstan LLP, operating under the brand Kcell, by acquiring a 49 % stake in the company from Kazakhtelecom. The price paid was US$1.519 billion.TeliaSonera has further agreed, subject to certain conditions, to sell 25 percent of the shares minus one share in Kcell in an Initial Public Offering (IPO). The IPO process has been initiated, and is expected to be completed during 2012. Depending on the...

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HP Enables OpenFlow across its Enterprise Switches

HP is enabling OpenFlow across its FlexNetwork enterprise switches. The new capabilities are delivered as a free software upgrade across 16 switches, including the HP 3500, 5400 and 8200 series. The support will be expended to all switches in the HP FlexNetwork architecture this year.OpenFlow is an emerging network virtualization technology pioneered at Stanford University and by the Open Networking Foundation, of which HP is a founding member.OpenFlow...

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Comcast Signs Multiyear Agreement with Amdocs

Comcast Cable Communications agreed to a multi-year extension of its existing software license and services agreements with Amdocs relating to various offerings in the Amdocs CES (customer experience systems) portfolio. Financial terms were not disclosed.“Comcast is widely recognized for their industry leadership and we look forward to continuing to serve as a provider of systems and services in support of their operations,�? said Brian Shepherd,...

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U.S. Cellular to Launch LTE Next Month

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...

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India's Supreme Court Cancels 122 Telecom Licenses for 2G

India's Supreme Court invalidated 122 licenses issued to telecom operators for 2G spectrum after 2008 due to the charges of corruption in the ongoing scandal. A new auction for these quashed 2G licenses will need to be held.The ruling notes that the subjective process of 2G spectrum allocation in lieu of a public auction violated established procedures and laws, and that the government received only one-sixth of what it would have got had it gone...

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