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 was $66 million, Access segment revenue was $42 million and Services segment revenue was $48 million.

Tellabs also announced plans to eliminate approximately 200 jobs over the next year.  The company expects to take a restructuring charge of about $11 million in the fourth quarter of
2012, consisting principally of severance and related costs.

“As we transform Tellabs’ business model and create a path to sustained future growth and profitability,
we must continue to lower costs and expenses,” said Dan Kelly, Tellabs acting CEO and president. “At
the same time, we are increasing R&D investments in our next-generation products to help our customers succeed with Tellabs optical, data and access solutions.”

http://www.tellabs.com

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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 strong traction around the world,” said Tom Fallon, president and chief executive officer. “We now have 16 purchase commitments, representing five new customers and 11 existing customers. These commitments come from customers in North America, Europe and Asia Pacific and include commitments from all of our vertical markets. The DTN-X is in full deployment across the globe and, as forecasted, we began recognizing revenue from this platform in the third quarter. "

On a conference call, Infinera confirmed that it has shipped over one thousand 100G ports for revenue as of the end of the quarter.

http://www.infinera.com

• Infinera's new DTN-X platform features 5 Tbps of optical transport network (OTN) switching capacity. It uses large scale Photonic Integrated Circuits (PICs) to enable 500 Gbps, long-haul FlexCoherent super-channels. 

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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 hub in Europe, hosting major data centres of Google, Amazon and Microsoft.

http://www.seafibrenetworks.com/

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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 of 2012.


"We are pleased with our execution in the first quarter and our ability to continue to capture market share," said David Flynn, Fusion-io chairman and chief executive officer.  "Our innovative use of flash memory technology in our portfolio of software defined data acceleration solutions is yielding significant performance and efficiency improvements for our customers' data centers.  We believe the economic benefits enabled by flash technology and Fusion-io software become only more compelling over time."

http://www.fusionio.com/

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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 on the market in the second half of 2013.

“We are proud to be selected as a partner of YOTA Networks and we fully intend to support YOTA in the launch of their most advanced services yet. To date, Huawei has realized a large number of commercial LTE projects across many countries, and the launch of the first test LTE-A network in Moscow is a major step in the development of mobile broadband access markets around the world," stated Sergey Varyukhin, Key Account Department Vice President for Huawei in Russia, Ukraine, Belarus and Armenia.

http://www.huawei.com
http://www.yota.ru/ru/

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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, administration and management), and also featuring advanced timing/synchronization, flexible powering options, and Auto-Discovery and Provisioning (ADP) capabilities.
  
• An expanded range of microwave transport solutions, including 60 gigahertz (Ghz) point-to-point line-of-sight, and sub 6 Ghz for point-to-point and point-to-multipoint non-line-of-sight applications.
  
• Increased capacity on the company’s flagship 9500 Microwave Packet Radio platform brings greater backhaul bandwidth capabilities to mobile operators for both their macro and small cell sites.
  
• Optimization of the company’s existing broadband access portfolio to support small cell backhaul requirements. New copper- and fiber-based small cell backhaul access solutions enable mobile operators to make better use of their existing broadband network to backhaul metro cell networks at low incremental cost.
  
• A broader range of professional services to help design, optimize and deploy backhaul networks to support metro cell deployments further extends the recently announced Alcatel-Lucent lightRadio™ Metrocell Express ‘build-operate-transfer’ solution for turnkey deployments.

"The combination of our strengths in IP, optics, microwave, fixed access and wireless puts us in a relatively unique position amongst the other vendors in the market, and places us in an ideal position to address the mobile backhaul challenge with the introduction of small cell deployments. Not only do we offer the most comprehensive set of backhaul options in the industry, we also bring unmatched solution integration experience to the table. We are confident that our leadership in mobile backhaul will only increase in the metro cell era," stated Philippe Keryer, President of Alcatel-Lucent’s Networks Group.

http://www.alcatel-lucent.com
http://www.alcatel-lucent.com/solutions/mobile-backhaul/

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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 income margin was 19.2 percent, compared to 19.8 percent.

Net income for the quarter totaled $3.6 billion, or $0.63 per diluted share, consistent with $3.6 billion, or $0.61 per diluted share, in the year-earlier quarter. When adjusted for Advertising Solutions, earnings per share was $0.62 compared to $0.59 in the year-ago quarter.

“We had another impressive quarter with strong earnings growth, record cash flows and solid returns to shareholders through dividends and share buybacks”, said Randall Stephenson, AT&T chairman and chief executive officer. “In wireless, we had another excellent smartphone quarter, penetration of usage-based mobile data plans continues to climb, and our 4G LTE network build is ahead of schedule. And in wireline, our IP network continues to deliver strong gains in U-verse high speed Internet connections, which helped drive an almost 10 percent increase in broadband data ARPU. Our strong performance allows us to increase our free cash flow guidance to $18 billion or higher this year, exceeding our previous outlook by $2 billion."

Some highlights:

Wireless

• Wireless service revenues increased 4.5 percent, to $14.9 billion, in the third quarter.
• Postpaid subscriber ARPU increased 2.4 percent versus the year-earlier quarter to $65.20, the strongest growth in six quarters.
• AT&T sold 6.1 million smartphones in the third quarter, 1.3 million more than in the third quarter a year ago.
• Smartphones represented 81 percent of postpaid device sales.
• At the end of the quarter, 63.8 percent, or 44.5 million, of AT&T's postpaid subscribers had smartphones, up from 52.6 percent, or 36.1 million, a year earlier and up 1.4 milion from the second quarter.
• About 64 percent, or 28.5 million of all smartphone subscribers are on usage-based data plans.

Wireline

• Total third-quarter wireline revenues were $14.8 billion, down 1.6 percent versus the year-earlier quarter and down slightly sequentially.
• Revenues from residential customers totaled $5.4 billion, an increase of 2.0 percent versus the third quarter a year ago and their strongest growth in more than four years.
• Total AT&T U-verse subscribers (TV and high speed Internet) reached 7.4 million in the third quarter. AT&T U-verse TV added 198,000 subscribers to reach 4.3 million in service.
• AT&T U-verse High Speed Internet delivered a third-quarter net gain of 613,000 subscribers to reach a total of 7.1 million, helping offset losses from DSL.
• Overall, AT&T wireline broadband connections decreased 42,000.
• Total business revenues were $9.1 billion, down 2.6 percent versus the year-earlier quarter and slightly lower than the second quarter of 2012.
• AT&T's most advanced business solutions — including Ethernet, VPNs, hosting, IP conferencing and application services — grew 11.4 percent versus the year-earlier quarter.

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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. Samples are shipped in 48 hours and production quantities are available with three weeks lead time.

“SiTime’s innovative MEMS technology and analog expertise is leading the revolution in the timing industry,” said Piyush Sevalia, executive vice president of marketing at SiTime. “For decades, the quartz industry has offered VCXOs with no new features. Our customers requested an all-digital control interface that simplified their design and improved performance. We listened, and used our semiconductor expertise to quickly deliver this new feature. This is a great example of how SiTime is changing the game in the timing industry.”

Some key features:

• New - 1-wire digital interface for easy, low-noise, and dynamic in-system frequency control. Quartz VCXOs use an analog interface that requires an external DAC in the control path and generates additional system noise.
• Best linearity at less than 0.1%. Typical quartz VCXOs are limited to 10% linearity.
• Widest pull range from ±25 to ±1600 PPM with 1 PPB resolution for flexible, in-system calibration. Quartz VCXOs are limited to ±200 PPM pull range.
• Programmable drive strength for best EMI reduction. This feature is not available in quartz VCXOs.
• Industry-leading frequency stability as low as ± 10 PPM for enhanced system reliability. Typical quartz VCXOs are only available in ± 25 - 50 PPM stabilities.
• LVCMOS output, programmable for any frequency between 1 and 220 MHz with best-in-class 6 decimal places of accuracy. Quartz VCXOs offer selected, fixed frequencies only.
•  of customized devices are shipped in 48 hours and production quantities are available in 3 to 5 weeks. Customization of quartz VCXOs requires NREs and 12 to 18 week lead times.
• Outstanding reliability of 500 million hours MTBF, which is up to 15 times better han quartz VCXOs.
• 50,000 g shock and 70 g vibration resistance which is 30 times better than quartz VCXOs.
• Industrial (-40 to +85 °C) and commercial temperature (-20 to +70 °C) operation.
• 1.8V and 2.5 to 3.3V operation.
• Available in 4-pin 3225 and 6-pin 5032 and 7050 packages.

The SiT3907 is in production now. Pricing is available upon request.

http://www.sitime.com/

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