ADTRAN Reports Tighter Carrier Spending in Q2

ADTRAN reported Q2 sales of $183,998,000 compared to $184,227,000 for the second quarter of 2011. Net income was $21,070,000 for the quarter compared to $36,943,000 for the second quarter of 2011. Earnings per share, assuming dilution, were $0.33 for the quarter compared to $0.56 for the second quarter of 2011. Non-GAAP earnings per share for the quarter were $0.38 compared to $0.59 for the second quarter of 2011. ADTRAN Chief Executive Officer Tom Stanton stated, "Our results for the second quarter reflect a tightening spending environment....

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Huawei USA Appoints Chief Security Officer

Huawei USA has appointed Donald A. (Andy) Purdy Jr. as its Chief Security Officer (CSO). He will oversee Huawei USA's cyber security assurance strategy and system, and support the global security system adopted by all of the company's business groups and departments, including R&D, supply chain, marketing and sales, project delivery and technical service. Mr. Purdy will be based in the U.S. and he will report to the Senior Huawei Representative to the U.S. and the Global Cyber Security Officer. http://www.huawei....

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ViaSat to Supply Satellite System from Australia's NBN

 Australia's national broadband network has selected ViaSat to provide the ground-based communications, network management, and data processing systems for the Long Term Satellite Service component of its project. The initial value of the contract is valued in excess of $240 million, which is expected to increase as the network is built out to reach up to 200,000 homes and businesses. ViaSat will supply consumer satellite terminals,...

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Swisscom Tests Huawei’s Vectoring and G.fast DSL at 400 Mbps over 200m

Huawei has delivered a Giga DSLAM prototype to Swisscom. Since April 2012, Huawei and Swisscom have been testing Huawei’s Vectoring and G.fast solution in a demo set-up in Riggisberg, near Berne. The companies report that with G.fast, over 400 Mbps at a distance of 200 meters can be achieved. Huawei’s Giga DSL system employs time division duplex (TDD) to achieve a total upstream and downstream rate of 1000 Mbps over a single twisted pair. It also reduces radiation interference and power consumption, providing a total upstream and downstream...

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NYSE Euronext Deploys ADVA's FSP 3000 WDM

NYSE Euronext has deployed ADVA Optical Networking's FSP 3000 WDM platform in its new Secure Financial Trading Infrastructure (SFTI) access center. SFTI, owned and operated by NYSE Euronext, is a dedicated backbone for the securities markets and is used by the financial community for trading, market data and colocation access. "The financial industry has some of the most demanding requirements of any in the network," commented Christoph Glingener, CTO at ADVA Optical Networking. "In this environment, customers need to know their mission-critical...

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NYSE Expands Direct Connectivity with Equinix Centers

NYSE Euronext (NYX) will build and operate a Secure Financial Transaction Infrastructure (SFTI) Access Center at the Equinix NY5 data center in Secaucus, New Jersey, providing customers within the Equinix facility with direct connectivity to SFTI and access to a range of financial markets, market data and post-trade services. Along with the deployment in NY5, NYSE Euronext now has SFTI Access Centers inside six Equinix data centers in key markets around the world, including New York (NY1 and NY5), Chicago, Singapore, Frankfurt, and London. The...

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