UBS: Tellabs’ merger prospects cool
Despite recent reports of merger discussions, Tellabs is unlikely to be acquired by another telecom equipment vendor any time soon, according to UBS Investment Research...
Optical equipment startup raises $45M
Matisse Networks has closed a $45 million funding round, bringing the optical networking equipment startup’s total funding to $80 million...
Optical sector OK as wireline spending stalls
Compared with last year, spending by North American wireline carriers was down more than 5% in the second quarter and down nearly 7% in the first half of this year, according to Ovum-RHK...
Tellabs moves ONTs indoors
Tellabs has introduced an optical network terminal (ONT) designed to be deployed inside customer homes, Chief Executive Officer Krish Prabhu said during an investor conference this week...
Sycamore reports a loss as CFO departs
Sycamore Networks today reported a loss for its 2007 fiscal year despite tremendous revenue growth. The optical switch vendor also announced the resignation of its chief financial officer, Richard Gaynor...
FCC OKs local, long-distance integration
AT&T and Verizon are now free to merge their in-region local and long-distance operations under an order issued by the Federal Communications Commission just before the Labor Day weekend...
Verizon narrows packet/optical search
Verizon isn’t casting a wide net in its search for a packet optical networking platform, according to one Wall Street analyst....
Xfone acquires Texas carrier
Competitive carrier Xfone has agreed to acquire West Texas carrier NTS Communications for $42 million...
Optical transport market hits five-year high
The optical transport equipment market in June reached its highest quarterly revenue level in more than five years, according to Dell’Oro Group...
Quigley, D’Amelio leave Alcatel-Lucent
Alcatel-Lucent today announced the departure of the two top executives that were chief operating officers before the company’s merger...
Tellabs adds native Ethernet switching to ROADM
Tellabs is adding native Ethernet switching and aggregation to its 7100 reconfigurable optical add/drop multiplexer (ROADM), the company announced today...
Gaming consoles to drive media adapters
Home videogame consoles will play a large role in driving the market for digital media adapters (DMAs), the devices that allow users to send audiovisual content to their televisions and stereos, according to a new report from ABI Research...
Mueller Time
As a longtime Bell guy, Qwest Communications' new CEO, Edward Mueller, is likely to avoid the kind of culture clashes ignited by his predecessor, Joe Naccio....
Pannaway to pick up TelStrat access division
Pannaway Technologies said last week it will acquire the access division of TelStrat International. In doing so, the company has put itself in position to grow in tandem with Gigabit passive optical network technology, whenever that decides to happen...
Windstream COO departs
Keith Paglusch, chief operating officer of Windstream Communications until today, has left the company...
Report: Nortel invests in optical vendor
Nortel Networks is taking a minority stake in optical networking vendor Tejas Networks, according the Economic Times...
Warburg Pincus takes $245M stake in CLEC
Private equity firm Warburg Pincus has agreed to invest at least $245 million in Integra Telecom, a competitive local exchange carrier (CLEC) based in Portland, Ore., that has been acquiring other carriers in recent years...
Switching, routing market swells in Q2
Global sales of switching and routing gear to service providers were up 14% from a year earlier to $2.6 billion in the second quarter, according to Ovum-RHK...
Pannaway acquiring TelStrat access division
Pannaway Technologies took a big step today in its efforts to grow the company and its market share in the access market by announcing it would acquire the Access division of TelStrat International through a cash and stock transaction...
New Qwest CEO vows to stay course, be nimble
On a conference call this morning, Qwest Communications’ new chief executive officer Edward Mueller didn’t give anyone much reason to expect radical changes at Qwest any time soon...
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