Telefónica Sees Growth in Latin America and Mobile Broadband

in line with its prior financial guidance, Telefónica reported 2011 consolidated revenues of over 62,800 million euros, up 3.5% for the year. Growth was driven by the increase in wireless data revenues (+19% in organic terms) and growth in Latin America (+13.5%), a region which already represents 47% of the Group's total consolidated revenues. Telefónica increased its customer base by +7% year-on-year, reaching 306.6 million accesses as at 31 December...

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Cisco to Acquire Lightwire for Optical Interconnect

Cisco will acquire Lightwire, a developer of optical interconnect technology, for $271 million in cash and incentives.Lightwire, a start-up based in Allentown, Penn., specializes in CMOS photonics. Its optical interconnects promise to integrate multiple high speed active and passive optical functions onto a small silicon chip. Lightwire’s OASIS (Opto-electronic Application Specific Integrated Subsystem) platform is expected to offer lower power...

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