Tuesday, January 22, 2013

AT&T to Acquire Alltel for $780 million

AT&T will acquire Alltel, the mobile operator owned by Atlantic Tele-Network, Inc. (ATNI), for $780 million in cash. The deal includes wireless licenses, wireless properties, network assets, retail stores and approximately 585,000 subscribers.  This business generated revenues for the first nine months of 2012 of approximately $350 million. Alltel operates a CDMA network covering approximately 4.6 million people in primarily rural...

Verizon: 2012 Revenues Up 4.5% YoY, Charges for Q4

Verizon Communications reported strong customer and revenue growth in Verizon Wireless and Verizon FiOS services in Q4 2012, however there was a loss of $1.48 in EPS in Q4 2012, due to non-operational charges, including impacts from Superstorm Sandy (38 cents per share) and pension/benefit costs.  Verizon Wireless service revenues were up 8.5% in the quarter, while FiOS revenues were up 15.7 percent and strategic enterprise services were up...

Verizon Enterprise Looks to Cloud Computing, Security, Managed Services

During Q4 2012, Verizon Enterprise recorded $2.1 billion in revenue for strategic services to $2.1 billion, up 5.3% compared with fourth-quarter 2011. Strategic services now represent 54% of the company's global enterprise revenues. On its earning's call on Tuesday, Verizon CFO Fran Shammo said the company is looking to drive growth in its enterprise strategic services in 2013, specifically in the areas of cloud computing, security, and managed...

AT&T and China Telecom Implement Network to Network Interconnect

AT&T and China Telecom have implemented an NNI (Network to Network Interconnect) in New York and San Jose. The interconnect enables China Telecom to expand its Ethernet and MPLS service coverage into the U.S. and other parts of the world to serve a growing number of Chinese enterprises. AT&T is working closely with China Telecom to automate inter-carrier processes needed to provision and support customer services. AT&T is also turning...

Amazon Web Services Adds High Memory Instances

Amazon Web Services has begun offering High Memory Cluster Eight Extra Large (cr1.8xlarge) instances for Amazon EC2. Amazon said its new EC2 instance type is ideal for applications that benefit from a high level of memory capacity, computational power and network bandwidth. High Memory Cluster instances provide customers with 2 Intel Xeon E5-2670 8-core processors, 244 GiB of RAM, 240 GB of SSD-based instance storage, and high bandwidth networking...

Nimbus Ships One Petabyte of Flash Memory Arrays Last Month

Nimbus Data Systems shipped over one petabyte (1,024 terabytes) of flash memory in its last month, mostly for its latest Gemini flash memory array designed for server virtualization, databases, and web-scale applications. The record shipment represents a 415% sales increase for the company in 2012 compared to the prior year. The bulk of the shipment total includes Nimbus Data's "Shipping over a petabyte of flash memory in the past month demonstrates...

ACN & Flash Wireless Select Devicescape's Wi-Fi Offload Service

Flash Wireless, a U.S.-based mobile virtual network operator, will integrate Devicescape's Wi-Fi offload service, giving users  automatic access to more than 11 million high quality Wi-Fi hotspots in the Devicescape Curated Virtual Network (CVN). Flash Wireless is a partner of  ACN, which is a direct seller of telecommunications and essential services for residential and business customers. Devicescape said its service offers policy...

Emerald Networks Signs Cable Landing Deal with AT&T

Emerald Networks, which is planning a new submarine cable system connecting North America to Europe and Iceland, announced a Landing Party Agreement (LPA) with AT&T. Specifically, AT&T will provide facilities and operational support for terminating the Emerald Express subsea cable at the former TAT12/13 cable station in Shirley, NY. "As we continue toward full implementation of Emerald Express, we are extremely pleased and looking forward...

NeoPhotonics to Acquire Lapis OCU for 100G Photonic Integrated Circuit Technology

NeoPhotonics, which provides photonic integrated circuit (PIC) modules and subsystems , agreed to acquire the semiconductor optical components business unit (OCU) of LAPIS Semiconductor Co., a wholly-owned subsidiary of ROHM Co. Ltd.  NeoPhotonics will pay approximately $36.8 million in cash, which is comprised of approximately $21.2 million in cash, before adjustments for the business unit and an additional $15.6 million over three years for...

Chelsio's Terminator 5 ASIC Powers 40G Ethernet iWARP RDMA, iSCSI, TOE, FCoE

Chelsio Communications introduced its fifth generation, Terminator 5 ASIC for delivering 40 GbE speeds in high performance clustering, storage and data networking applications.  The new ASIC simultaneously supports TCP/IP and UDP/IP socket applications, RDMA applications and SCSI applications at wire speed, thereby allowing InfiniBand and FibreChannel applications to run unmodified and concurrently over standard Ethernet. Chelsio's T5 ASIC...

ADVA Supplies 100G for Croatia's HEP Group

ADVA Optical Networking announced the deployment of its 100G technology by Hrvatska Elektroprivreda (HEP Group), the Croatian government’s national electricity company. The 100G deployment uses the ADVA FSP 3000 platform and spans a distance of over 400 km between the Croatian cities of Zagreb and Split. “This 100G introduction is the next step in the drive to modernize the country’s communications infrastructure and significantly improve the...

7signal Names Jeff Reedy as CEO

7signal Solutions, which supplies Wireless Performance Optimization for Wireless LAN applications, named Jeff Reedy as President and CEO. Reedy was a co-founder and CEO of Overture Networks, a leading provider of Carrier Ethernet solutions based in Research Triangle Park, North Carolina. http://www.7signal.com/news/detail/jeff-reedy-ceo-president.p...

NTT DOCOMO's Smartphone Spring Line-Up Adds "Twonky Beam"

NTT DOCOMO unveiled its 2013 spring device lineup, including 11 smartphones and tablets, plus one mobile Wi-Fi router. Some of the new and prominent features: First DOCOMO smartphones capable of full-HD for superb high-definition video. Compatible with DOCOMO’s Xi LTE service for max. downlink of 112.5 Mbps (some areas), the fastest LTE connection in Japan as of January 21. A large selection of models featuring quad-core CPUs for increased enjoyment...

Alcatel-Lucent Supplies IP/MPLS to Du in UAE

Alcatel-Lucent will supply its IP/MPLS solution, based on its 7750 Service Router (SR), 7705 Service Aggregation Router (SAR) and 5620 Service Aware Manager (SAM) to du for deployment in the UAE.   The network will support du's high-speed broadband access, IPTV services, mobile video and other advanced services. The first phase of the project was installed last month. Financial terms were not disclosed. http://www.alcatel-lucent.c...