Cisco Resets Long-term Growth Forecast to 3-6%

In its annual financial analyst conference, Cisco reset its long-term forecast to 3-6% annual growth over the next 3-5 years, down from the 5-7% range it had long held.  The long-term earnings per share growth forecast was also lowered to 5-7% from the previous target range of 7-% Cisco executives cited historic transformations underway in the networking business as well as persistent challenges in emerging markets, such as Russia and Brazil,...

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U.S. Mobile Operators Agree to Device Unlocking

AT&T, Sprint, T-Mobile, U.S. Cellular and Verizon Wireless agreed to adopt a voluntary set of six principles for unlocking of consumers’ mobile phones and tablets. Key principles: 1. Disclosure of unlocking policies to consumers. Carriers agree to make their policies on postpaid and prepaid unlocking of mobile devices easy to understand and accessible. 2. Postpaid Unlocking.  Upon request, carriers will unlock mobile wireless mobile devices...

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Dell's Cloud Partner Program Welcomes Windows Azure

Dell has extended its Cloud Partner Program to include Microsoft's Windows Azure services. Under a newly expanded strategic alliance with Microsoft, Dell will offer customers a central point of solution integration, control and direct support, lessening the complexity and challenges of deploying cloud environments. “At the heart of Dell’s Cloud strategy are customer choice and flexibility, the underlying reasons driving our continued expansion...

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Dell's Cloud Partner Program Welcomes the Google Cloud

Dell will promote the Google Cloud Platform and its compute, storage and application services to developers and businesses worldwide through the Dell Cloud Partner Program beginning next year. “Putting the power of cloud in our customers’ hands – and giving them the choice and flexibility to pursue the right cloud for their unique needs – will not only help individual businesses thrive, but collectively it will drive the whole technology industry...

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Dell and Red Hat Team on OpenStack Private Clouds

Dell and Red Hat agree to jointly develop enterprise-grade, private cloud solutions based on OpenStack. Under the deal, Dell becomes the first company to OEM Red Hat Enterprise Linux OpenStack Platform. The co-engineered solution will be built on Dell infrastructure and Red Hat Enterprise Linux OpenStack Platform. The solution will be delivered by a Red Hat Enterprise Linux OpenStack Platform practice within Dell Cloud Services. The companies also...

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Nimble Storage Raises $168 Million in IPO

Nimble Storage priced an initial public offering of 8 million shares at $21, or $168 million for the company. Shares will begin trading on the NYSE under the symbol NMBL on Dec. 13. http://www.nimblestorage.com/ Nimble, which is based in San Jose, California, supplies flash-optimized hybrid storage solutions. The company is headed by Suresh Vasuden, who previously servedd as CEO of Omneon (acquired by Harmonic), and as a senior executive at...

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Australia's NBN Co Appoints Bill Morrow as CEO

Australia's NBN Co named Bill Morrow as its new CEO. Bill Morrow has headed up Vodafone Australia since March 2012. Previously, he was Chief Executive of Clearwire Incorporated and the Pacific Gas and Electric Company. He is a former Europe Chief Executive with Vodafone Group and has run the Group's businesses in Japan and the UK. Morrow’s appointment by the Board of NBN Co comes as the company lays out the framework for delivering very fast broadband...

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Ciena Posts Q4 Revenue of $583.4 Million

Ciena reported Q4 revenue of $583.4 million as compared to $465.5 million for the fiscal fourth quarter 2012. For fiscal year 2013, Ciena reported revenue of $2.1 billion, as compared to $1.8 billion for fiscal year 2012.  Net loss (GAAP) for the fiscal fourth quarter 2013 was $(9.8) million, or $(0.09) per common share, which compares to a GAAP net loss of $(38.8) million, or $(0.39) per common share, for the fiscal fourth quarter 2012. “Fiscal...

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Ciena to Transfer to from NASDAQ to NYSE

Ciena will transfer the listing of its common stock from NASDAQ to the New York Stock Exchange (NYSE) on December 23, 2013, under its current ticker symbol "CIEN". The company will continue to trade on the NASDAQ until the transfer is complete. http://www.ciena.c...

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China Telecom Picks ALU to Support LTE-TDD and LTE-FDD in 12 provinces

Alcatel-Lucent confirmed that China Telecom has chosen it as one of the top three suppliers for its network infrastructure operating in both the LTE TDD and FDD modes. Specifically, China Telecom has selected Alcatel-Lucent's lightRadio LTE Radio Access Network (RAN) as a key piece of its new nationwide ultra-broadband mobile access network.  Alcatel-Lucent will provide 9,892 base stations as one of the top three suppliers for China Telecom's...

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China Mobile to Deploy ALU's Small Cells in TD-LTE Network

China Mobile will deploy Alcatel-Lucent's small cells solution in the world's largest TD-LTE network. China Mobile and Alcatel-Lucent co-created the lightRadio 9768 Metro Radio Outdoor (MRO), which was launched in February 2013 at the Mobile World Congress in Barcelona.  The companies have completed small cell tests on high-traffic roads in the Zhejiang, Fujian, Liaoning and Shandong provinces and Downtown shopping Mall in Jiangsu. China Mobile...

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