Thursday, February 6, 2003

TeliaSonera Supplies Backbone Services to Lycos Europe

TeliaSonera International Carrier (former Telia International Carrier) will supply backbone capacity for Lycos Europe, one of the leading European Internet portals. Lycos Europe's corporate network connects its headquarters and central data center in Gütersloh, Germany with Lycos data centers in Hamburg, Paris, Copenhagen and Stockholm as well as major peering points in Amsterdam, London and Frankfurt. TeliaSonera IC is providing links ranging from 155 Mbps to 622 Mbps. The contract has a duration of three years. Financial terms were not disclosed.
http://www.telia.net/carrier/

Avvio Networks Launches Multi-rate Optical Transponder

Avvio Networks, a start-up based in Bedford, Massachusetts, launched a multi-rate optical transponder that can be used to carry 1310nm, 1550nm and 850nm equipment onto WDM wavelengths. The A1010 transponder re-times, re-generates and re-shapes the optical signals for increased data reliability. It transparently supports any protocol including SONET, SDH, Gigabit Ethernet, InfiniBand, ATM and TDM traffic at any rate from 155 Mbps to 2.7Gbps.
http://www.avvionetworks.com

BellSouth and Cingular File Complaint Against Sprint

BellSouth and Cingular Wireless filed a legal complaint against Sprint, stating that Sprint knowingly and unfairly interfered with the contractual, business and fiduciary obligations that Gary Forsee had with BellSouth and Cingular.
http://www.bellsouth.com
  • Earlier this month, Sprint offered the position of chief executive officer (CEO) to Gary D. Forsee, who is currently vice chairman - domestic operations of BellSouth. However, BellSouth obtained a temporary restraining order to prevent Forsee from accepting employment from Sprint due to the non-compete agreement in his contract.

France Telecom Sells Wanadoo Belgium to Tiscali

France Telecom has withdrawn from the Belgian Internet market by selling its Wanadoo Belgium division to Tiscali for EUR 9.5 million in newly issued Tiscali shares. Wanadoo Belgium is an ISP and a portal site, with about 85,000 active customers -- of which 25,000 are ADSL subscribers. France Telecom said its withdrawal from Belgium is consistent with its European strategy, which is to focus on being one of the top three players in each market where the company is offering its services.
http://www.wanadoo.com

Alcatel to Acquire iMagicTV

Alcatel agreed to acquire iMagicTV, a developer of software for delivering multi-channel digital television over broadband networks, for approximately US$30 million in aggregate. Alcatel already owns approximately 16% of iMagicTV. The offer represents a premium over iMagicTV's current share price. The iMagicTV IP video solution enables digital TV services, an interactive program guide, video-on-demand, pay-per-view and other interactive information services. iMagicTV is based in Saint John, New Brunswick, Canada.
http://www.imagictv.com
http://www.alcatel.com
  • In October 2000, Alcatel and Oracle formed Thirdspace, a joint venture that is developing an interactive, broadband TV framework. The Thirdspace platform was recently chosen by Softbank for its video over DSL deployment in Japan. http://www.thirdspace.tv

NYT: SBC Negotiating to Buy DirecTV

SBC Communications is negotiating to acquire DirecTV, according to The New York Times. With a rival bid expected from Rupert Murdoch's News Corp., the deal potentially could be worth $10 billion, according to the report.
http://www.nyt.com
  • DirecTV has 11 million subscribers, representing about one out of every nine TV homes in the US.

Wednesday, February 5, 2003

Corvis Reports $7M in Q4 Revenue, Ends Year With $504M in Cash

Corvis reported Q4 revenues of $7.1 million and a net loss was $190.2 million, or $0.47 loss per share. Pro forma net loss, excluding special charges for write-downs and restructuring, was $46.0 million, or $0.11 loss per share. The company ended Q4 with $504.4 million in cash and virtually no debt, down from $548.7 million at the end of Q3. Revenue for the quarter was generated from existing customers Qwest, Broadwing and France Telecom. On January 29, Corvis announced a workforce reduction of 180 positions, mostly in its R&D group.
http://www.corvis.com

Gluon Networks Names New CEO, Readies its Converged Local Exchange

Gluon Networks, a start-up based in Petaluma, California, appointed Shirish Patel as its new president and CEO, replacing Jo Anne Miller, who has stepped down. Patel is the former Founder and CEO of Rapid5 Networks. Gluon is developing a Converged Local Exchange (CLX) platform that integrates functions such as voice and DSL access and switching, CALEA, circuit-to-packet interworking, signaling and transport. Gluon has commenced trials with five rural local exchange providers.
http://www.gluonnetworks.com
  • Total financing raised by Gluon Networks stands at more than $76 million since its formation in late 1999. Investors include JP Morgan Partners, New Enterprise Associates and U.S. Venture Partners.

Ericsson Names New CEO

Ericsson appointed Carl-Henric Svanberg as its new President and CEO, replacing Kurt Hellström, who will stay with the company until year-end. Svanberg is presently CEO for Assa Abloy, an international manufacturer of locks for a variety of industries.
http://www.ericsson.com

Marconi Ships Broadband Internet Kiosks to BT

Marconi has started to supply its new Neptune 1000 Internet kiosks to BT. The new Internet kiosks are broadband-enabled and can be used in place of a payphone. About 300 of the new units will be shipped to BT before the end of March 2003, with a further 900 to be supplied during the following financial year.
http://www.marconi.com

Nuera, Syndeo and InnoMedia Team on Cable Telephony Voice Encryption

Nuera Communications, Syndeo and InnoMedia are demonstrating an end-to-end cable telephony voice encryption system that combines the Nuera ORCA BTX gateway, the Syndeo Syion softswitch and the InnoMedia MTA 3328-1 single-port standalone Multimedia Terminal Adapter. The joint solution is based on CableLabs PacketCable 1.0 security requirements. This solution provides encrypted and authenticated phone conversations over a cable network. It also leverages Advanced Encryption Standard (AES) and Multilinear Modular Hash (MMH), which authenticates the source of the encrypted voice packets and prevents a call from an unauthorized source.
http://www.syndeocorp.com
http://www.nuera.com

Redback Adds VPN Provisioning and Activation Partners

Redback Networks named two OSS partners to enhance provisioning and management of IP/MPLS VPN services enabled by its SmartEdge 800 Router. CPlane's service activation solution for deployment and management of MPLS-enabled IP VPNs now supports Redback's SmartEdge 800 Router. The Cplane software combines provider-specific SmartEdge configuration with SmartEdge resource level awareness, enabling end-to-end bandwidth guarantees and bandwidth-on-demand service features. Separately, Redback has extended its existing partnership with Sheer Networks to include support of the SmartEdge 800 Router. Sheer's Broadband Operating Supervisor reduces provisioning times, allowing for service customization and differentiation, and provides real-time end-to-end detection of faults and service impact analysis. Sheer Networks already supported Redback's SMS subscriber management systems for DSL provisioning and assurance.
http://www.redback.com

New Edge Networks Reports DSL Operational Highlights

New Edge Networks, a privately held carrier supplying broadband services to small and mid-sized cities across the US, reported that its 2002 year-over-year revenues almost tripled to $60 million. Q4 revenues were $18.4 million, more than double the $8.8 million for the same three-month period a year earlier. About 60% of New Edge Networks' 600 central office locations for DSL service are producing positive operating income, up from 24% of central offices at December 31, 2001. Another 21% of the central office locations are within $1,000 a month of recurring revenue before also becoming positive. The company leases lines and transport from other carriers and does not rely on unbundled network switching services.
http://www.newedgenetworks.com
  • Last month, New Edge Networks began marketing Layer 2 VPN services over its 600 switch, national ATM network. Within New Edge Networks' coverage area, which includes more than 360 small and midsize cities in 29 states, the Layer 2 Private Network uses dedicated business-class DSL or T-1 connections. In locations outside this coverage area, New Edge Networks completes the Layer 2 Private Network using Frame Relay. New Edge Networks already offered Layer 3 VPNs.

Centile Supplies iPBX Software to AG Communication Systems

Centile is supplying software to AG Communication Systems (a Lucent subsidiary) for use in its iPBX platform. AGCS's SoftConnect is a software based IP communication system that offers a full suite of PBX features as well as VoIP features. These include standard PBX features such as voice mail, auto attendant, N-way conferencing, call forwarding/find-me options, do not disturb, call waiting, hunt/ring/FAX groups and automatic call distribution, as well as new computer telephony features for converged networks. The product can be deployed by service providers and enterprises either in a hosted configuration or an on-premises configuration.
http://www.centile.com/

THUS plc Selects CIENA CWDM for its City Ethernet

THUS plc has selected CIENA's ONLINE Edge Multiservice Coarse Wavelength Division Multiplexing (CWDM) platform for LAN extension services marketed as "City Ethernet." The service scales to Gigabit speed. THUS also offers a "National Ethernet" service spanning the UK. Financial terms were not disclosed.
http://www.ciena.com

BT Wholesale Provides Virtual ISP Platform for Eurotel

BT Wholesale will provide EURtel with a fully outsourced Virtual Internet Service Provider (VISP) solution. EURtel will use the BT Wholesale platform to offer its own branded ISP services to business customers in the UK. BT Wholesale's VISP service also provides hosting for specific tasks such as end user authentication, registration, billing, and dial-up connection via PSTN and ISDN connections.
http://www.btwholesale.com

iBasis Reports 12% Sequential Increase in VoIP Minutes

iBasis carried 748 million minutes of voice traffic over its global IP network in Q4, a 78% increase over the 421 million minutes carried in Q4 2001, and a 12% sequential increase over the 670 million minutes in Q3 2002. Average revenue per minute was 5.7 cents per minute in Q4 2002, essentially unchanged from Q3 2002. In Q4, overseas-originated calls accounted for 54% of wholesale telecommunications revenue and 41% of wholesale traffic, up from 40% of wholesale revenue and 34% of wholesale traffic in Q3. The iBasis network ended the year with 43,452 total overseas lines and 771 PoPs. Financially, iBasis reported revenue from continuing operations of $42.9 million, an increase of 35% over Q4 2001 revenue of $31.7 million. There was a GAAP net loss of $10.8 million, or a net loss of $0.24 per share. The company believes it will achieve positive free cash flow and positive net income in mid-2004.
http://www.ibasis.net

deltathree Receives Acquisition Bid for its SIP-based Network

deltathree, a provider of Internet telephony services, received an acquisition bid from D3 Acquisition to purchase all of the outstanding shares of deltathree not held by Atarey Hasharon Chevra Lepituach Vehashkaot Benadlan Ltd. and its affiliates for a price of $0.70 per share in cash. D3 Acquisition is a wholly owned special purpose acquisition corporation formed by Atarey. Together, Atarey and its affiliates currently own approximately 71% of deltathree.http://corp.deltathree.com
  • deltathree operates a SIP-enabled network based on Cisco equipment. The company's PCPhone software is a SIP-based software client that enables customers to make outbound calls as well as to receive inbound calls to a regular US phone number assigned by deltathree, regardless of where in the world the call recipient may be at the time. deltathree also offers a line of IP headphones, handsets and full-feature IP desk phones. deltathree is headquartered in New York City with R&D in Jerusalem, Israel.
    Atarey Hasharon is a member of The Tshuva Group, an international conglomerate that includes four major companies traded on the Tel-Aviv Stock Exchange.

France Telecom announces WiFi initiatives

France Telecom unveiled initiatives to promote WiFi wireless broadband services. The plan includes deployment of public WiFi hotspots, as well as use of the technology to enhance its existing ADSL, corporate networks, GPRS and forthcoming UMTS services. France Telecom said it would focus on security to ensure the success of the technology.
http://www.francetelecom.com

Level 3 Providing Internet Access Service to eBay

Level 3 Communications will provide Internet access service to eBay. The deal makes Level 3 one of eBay's primary providers of bandwidth.
http://www.Level3.com