AT&T Hits Pause on Residential Fiber Rollouts Due to Regulatory Uncertainty

AT&T will suspend plans to rollout out fiber connections under the regulatory uncertainty clears, said Randall Stephenson, AT&T Chairman & CEO, speaking at the Wells Fargo Technology, Media & Telecom Conference.  The decision comes in direct response to President Obama's call this week for the FCC to regulate broadband Internet as a public utility. Speaking to market analysts and investors at the New York conference, Stephenson...

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Cisco Posts $12.2 Billion in Sales, Slightly Ahead of Expectations

Cisco reported first quarter revenue of $12.2 billion, net income on a generally accepted accounting principles (GAAP) basis of $1.8 billion or $0.35 per share, and non-GAAP net income of $2.8 billion or $0.54 per share, for the period ending October 25, 2014. For Q2, Cisco is setting expectations for growth in the 4-5% range. "We are pleased with our results and are very comfortable in our strategy to deliver innovative solutions which enable...

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Alcatel-Lucent Virtualizes its IP Edge Routing

Alcatel-Lucent unveiled a Virtualized Service Router (VSR) built on Intel silicon and implementing its Service Router Operator System (SROS) and managed by the 5620 Service Aware Manager (SAM). The addition of an Alcatel-Lucent virtualized edge router running on x86 accelerates the industry's shift to network functions virtualization (NFV), enabling service providers to build more flexible infrastructure that scales with cloud technologies. Over...

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Nuage Networks Intros Branch Office SDN with x86 Virtual CPE

Alcatel-Lucent's Nuage Networks introduced a branch-office solution for delivering software defined networking (SDN) services. The Nuage Virtualized Networks Services (VNS) solution could be used to provision and define IT services by leveraging policy-driven network automation and application-friendly abstraction. Nuage achieves this by extending its Virtualized Services Platform (VSP) over both corporate WAN and Internet access bandwidth. VNS...

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Colt to Acquire KVH for APAC Reach

Colt, which operates a next-generation network in Europe, agreed to acquire KVH, its counterpart in Asia-Pacific,for ¥18.595 billion (EUR 130.3 million) in cash. KVH is currently owned by FMR, FIL and associates. Colt, which was founded in London in 1992 with funds provided by Fidelity Investments, has grown into a pan-European operator with a network spanning 47,000 kms.  It operates metro networks in 42 European networks with direct fiber...

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KORE Advances its Goal to Become Leading M2M Provider

ABRY Partners, a leading private equity investment firm, has acquired a majority interest in KORE Wireless Group, which is a global provider of managed M2M communications services.  The deal brings growth and acquisition capital that will allow KORE to execute on its mission to become the pre-eminent independent provider of broad-based M2M service solutions on a global basis. As the first step in its broader strategy, KORE also today announced...

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TelePacific Taps Overture 6500 to Power Delivery of Enterprise EthernetServices

TelePacific has selected Overture's 6500 multi- service Ethernet service delivery platform to add power and agility to its Ethernet Ecosystem. The Overture 6500 is a CE2.0 switching and aggregation platform for business and cloud services, wholesale access, mobile backhaul and metro infrastructure applications. It delivers Carrier Ethernet over any access method, including fiber, E-Access, copper, SONET, and TDM, with full resiliency. TelePacific...

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