Monday, April 9, 2012

Nokia Siemens Networks Announces Accord to Stay in Munich

Nokia Siemens Networks announced that a significant majority of employees affected by the company’s restructuring plan agreed to join an interim employment company. The acceptance of this offer by a major proportion of affected employees was a pre-requisite for the company to stay in Munich, as outlined in an agreement struck with IG Metall last month. As a result, Nokia Siemens Networks will continue to employ about 2,000 people in Munich. htt...

Crown Castle Completes Acquisition of NextG Networks

Crown Castle International completed its previously announced acquisition of NextG Networks, Inc., the largest provider of outdoor distributed antenna systems.http://crowncastle.comIn December, Crown Castle International first announced its plans to acquire NextG Networks for approximately $1.0 billion in cash. NextG, which specializes in outdoor distributed antenna systems ("DAS"), currently has over 7,000 nodes-on-air and a further 1,500 nodes...

Procera Increases Outlook, Confirms Tier 1 Order

Procera Networks increased its financial guidance, disclosed a multimillion dollar follow-on order from a Tier-1 European operator and announced a new offering of stock.Based on preliminary financial data, Procera expects that first quarter 2012 financial results will reflect revenue in the range of $11.8 million to $12.2 million for the quarter, representing a year-over-year increase in the range of 71% to 77%. Bookings are expected to be approximately...

E-Band Secures Funding for Small Cell Wireless Backhaul System

E-Band Communications, which supplies 80 GHz wireless backhaul solutions, announced that it has secured funding to complete development of its next-generation "small cell" wireless backhaul system. Financial terms were not announced."Compact size, affordability and bandwidth delivery are the ingredients that network service providers and mobile carriers are looking for," said E-Band CEO Sam Smookler. "E-Band's track record of delivering over 5,000...

Ciena's 100G and Carrier Ethernet Connects Cape Cod

CapeNet, which serves southeastern Massachusetts and Cape Cod, has chosen Ciena and Integration Partners to provide coherent optical transport and Carrier Ethernet solutions for the 350-mile fiber optic OpenCape Network. The network is currently being constructed in southeastern Massachusetts and on Cape Cod using Ciena’s coherent optical processing technology. The project is funded through a Broadband Technology Opportunity Program (BTOP) infrastructure...

Cisco and NetApp Extend Their FlexPod Collaboration

Cisco and NetApp are collaborating on a series of new pre-validated design architectures that combines their computing, networking and storage solutions to help companies implement cloud automation capabilities.The entry-level FlexPod solution are aimed at business application workloads with 500 to 1000 users. This combines the NetApp entry level FAS 2240 and the Cisco UCS C-Series Cisco Nexus 5000 Switches, Cisco Nexus 2232 Fabric Extender, and Cisco UCS 6200 Series Fabric Interconnects. Cisco and NetApp first announced their FlexPod collaboration...

FTTH Connections in North America Surpass 8 Million, up 13% YoY

The number of North American households served directly by fiber grew by 13 percent over the past year, according to the Fiber-to-the-Home Council Americas and figures prepared by the market analyst firm RVA LLC.The newly released figures show that 900,000 households across the U.S., Canada, Mexico and the Caribbean were upgraded to FTTH service since April 2011, as the total number of North American homes with all-fiber connections surged past...

Thailand's TOT Upgrades to HSPA+ with Nokia Siemens Networks

TOT, Thailand’s state-owned telecom operator, has selected Nokia Siemens Networks to upgrade its 3G network to HSPA+. The upgrade, which will be completed this month, will increase the down speed rate to a maximum of 42 Mbps.TOT currently serves 7.2 million customers.Nokia Siemens Networks’ all-IP ready HSPA+ solution is based on the Dual Carrier HSDPA technology, Flexi Multiradio Base Station and the 3G Radio Network Multicontroller (RNC). The...

Bharti Airtel Launches TD-LTE in Kolkata

Bharti Airtel launched India's first commercial LTE service in the city of Kolkata. Airtel is initially offering LTE USB Dongles as well as indoor LTE CPE, while supporting top theoretical download speeds of 100 Mbps although actual speeds will be much lower. Currently voice and SMS are not supported on the LTE network, but the company plans to add these soon.Airtel is offering a movie service (www.bigflix.com) featuring Bollywood hits.Airtel has...

MediaTek to Acquire Coresonic for DSPs

Taiwan-based MediaTek agreed to acquire Coresonic AB, a global leader of Digital Signal Processor (DSP) technology. Financial terms were not disclosed.Coresonic AB, founded in Sweden, has rapidly established itself as a market leader with its breakthrough DSP architecture for wireless baseband. MediaTek will use Coresonic's DSP technology to further improve the efficiency and flexibility of its expanding product lines, strengthening MediaTek's position as a leading provider of wireless communication and digital multimedia IC solutions. Prior to...

TE Connectivity Sells Professional Services Group

TE Connectivity agreed to sell its TE Professional Services (TPS) business to BlueStream Professional Services, LLC, an affiliate of KGP Logistics, for $23.5 million. TPS, acquired as part of TE's acquisition of ADC in December 2010, has been reported in the Telecom Networks business of TE's Network Solutions segment. TPS is a provider of engineering, furnishing and installation services to communication service providers. TE reported sales of...

TE Connectivity Sells Touchscreen Business to Gores for $380 Million

The Gores Group, a leading Los Angeles-based private equity firm, agreed to acquire TE Connectivity's Touch Solutions business for $380 million in cash. The Touch Solutions business is a global supplier of touch screens, touch monitors and all-in-one touch computers that are marketed under the Elo TouchSystems brand. Headquartered in Menlo Park, California, the business generated sales of $413 million in fiscal 2011. http://www.gores....

Ekinops Appoints VP Sales for Americas

Ekinops announced the appointment of Patrick Gault the position of vice president of sales for the Americas. Gault was most recently regional vice president of sales for Tellabs. Previously, he was a sales executive for White Rock Networks, after having worked in sales management for Cisco Systems. The Ekinops 360 Dynamic, Multi-Reach Transport System provides DWDM and CWDM on a single platform that addresses Metro, Regional, and Long Haul applications....

Polaris Wireless Adds VP Sales and Business Development Asia

Polaris Wireless has appointed Srinivas Varadarajan as vice president of sales and business development for Asia. Prior to joining Polaris Wireless, Varadarajan was the global head of the LBS business unit at Nokia Siemens Networks, where he was responsible for establishing and growing relationships with major telecom operators throughout Asia. He previously was director of business development for the applications practice in the global services...