Wednesday, October 24, 2012

Tellabs Announces Q3 Revenue of $264 million, 200 Job Cuts

Tellabs posted Q3 revenue of $264 million, compared with $330 million in the year-ago quarter, and a net loss of $4 million or 1 cent per share, compared with a net loss of $130 million or 36 cents per share in the third quarter of 2011. Q3 results included impairment charges for goodwill and other intangible assets of $102.7 million. For the third quarter of 2012, Optical segment revenue was $108 million, Data segment revenue...

Infinera Cites 16 Purchase Commitments for DTN-X

Infinera reported Q3 revenues of $112.2 million, compared to $93.5 million in the second quarter of 2012 and $104.0 million in the third quarter of 2011.  GAAP net loss for the 2012 third quarter was $(19.1) million, or $(0.17) per share, compared to net loss of $(29.5) million, or $(0.27) per share, in the second quarter of 2012 and net loss of $(21.8) million, or $(0.21) per share, in the third quarter of 2011. “The DTN-X is experiencing...

Sea Fibre Connects Dublin and Amsterdam

Sea Fibre Networks, which owns and operates the CeltixConnect sub-sea cable between the UK and Ireland, has activated a new route from the greater Dublin area to Amsterdam.  The link, which uses selected third party fibre, delivers an end-to-end fibre solution from Dublin to Amsterdam, via London, while remaining carrier-neutral. Amsterdam's AMS-IX carries an average 1.25 Tbps with a year high peak of 2 Tbps. Dublin is a central Internet...

Fusion-io Posts Growth for its Flash Storage

Fusion-io reported revenue of $118.1 million for its fiscal first quarter 2013, up 59% from $74.4 million for the same quarter of 2012 and up 11% from $106.6 million for the preceding quarter. Net income for the fiscal first quarter of 2013 was $3.9 million, or $0.04 per diluted share, compared to net income of $7.2 million, or $0.07 per diluted share, in the fiscal first quarter...

YOTA Activates LTE-Advanced Carrier Aggregation on Moscow Base Stations

YOTA Networks has activated LTE-Advanced on its commercial LTE network in Moscow. For the project, Huawei supplied its end-to-end SingleRAN LTE/EPC solution for LTE-Advanced (3GPP rev10).  The deployment uses Carrier Aggregation to provides downlink peak rates of up to 300Mbps, depending on the capacity of the radio channel. YOTA said LTE-A is deployed on 11 base stations.  The company expects the first devices supporting LTE-A to be...

Alcatel-Lucent Boosts its Mobile Backhaul Portfolio

Alcatel-Lucent rolled out a set of enhancements to its mobile backhaul portfolio to address the challenges associated with delivering mobile broadband services in crowded, urban environments where growing customer demand is creating a need for a rapid introduction of small cells. The announcement includes: New variants of Alcatel-Lucent’s 7705 Service Aggregation Router (SAR) to provide an end-to-end service layer for more efficient OAM (operations,...

AT&T: Smartphones Now Represent 81% of Sales

Driven by 18.3 percent growth in wireless data revenues and a 38.3 percent growth in U-verse revenues, AT&T posted Q3 revenues of $31.5 billion, flat versus the year-earlier quarter. but up 2.6% when excluding the divested Advertising Solutions business unit. AT&T said its LTE deployment is ahead of schedule, already covering more than 135 million POPs. Operating income was $6.0 billion, down from $6.2 billion; and AT&T’s operating...

SiTime Advances Network Timing with Digitally Controlled MEMS Oscillators

SiTime introduced a new MEMS-based Digitally Controlled Oscillator (DCXO) with an in-system digital control interface that is used for tuning the output frequency. The company said its new device (SiT3907 DCXO), which is targeted at telecom, networking, video, audio and embedded applications, offers 100 times better linearity and 8 times better pull range than quartz VCXOs. The SiT3907 is fully programmable to accelerate development....