Ciena, Time Warner Telecom CEOs cash in
Rising stock prices in December gave some telecom executives the opportunity to get their hands on some extra cash heading into the holidays...
US Signal adds Milwaukee
Competitive service provider US Signal today announced plans to extend its Midwest fiber optic backbone to Milwaukee, building a metro ring in that city, as well as to new access points in suburban Chicago...
Quakes curtail connectivity from Taiwan
Users of voice services and Internet access in Asia and between Asia and the U.S. felt the impact of yesterday’s 6.7 to 7.1 magnitude earthquakes and aftershocks that struck southern Taiwan and damaged undersea cables connecting the countries...
Savvis buy moves Level 3 into content delivery
With five days left in 2006, Level 3 seemed to cap a busy year of acquiring companies with one final deal--a $135 million bid to buy Savvis' content distribution network assets, announced this morning...
Adtran lowers 2006 expectations a third time
Adtran lowered revenue expectations for the third time this year late Thursday. Adtran now expects to report fourth-quarter revenue between $108 million and $112 million, roughly 14% less than its previous expectation of $125 million to $130 million. ...
Stock option problems cost Juniper $900M
Juniper Networks expects to record a $900-million charge as a result of improprieties in its stock option granting practices, the company revealed late Wednesday....
Ericsson, Redback CEOs exchange vows
In a press conference this morning, Redback Networks Chief Executive Officer Kevin DeNuccio described the proposed acquisition of his company by Swedish wireless giant Ericsson as a marriage of the two most important technologies of future networks: Internet protocol and mobile networks...
In the Spotlight: Joav Avtalion, Oversi
Oversi closed a $6-million funding round this month that brought the two-year-old Israel-based company’s total funding to $7.4 million. Oversi makes content delivery and storage systems meant to accommodate video content in an age of increasing peer-to-peer traffic. Oversi’s chairman and chief executive officer Joav Avtalion (also the former interim CEO of Pillar Data, Larry Ellison’s storage firm) spoke with Telephony’s Ed Gubbins about the company’s emergence from stealth mode and its plans for content delivery networks...
AT&T launches cheaper voice packages
AT&T today launched voice service packages that substantially lower the cost of advanced services, more closely competing with cable and VoIP providers...
US LEC takes MPLS VPNs nationwide
US LEC has extended its multiprotocol label switching (MPLS) virtual private network (VPN) service nationwide...
Verizon names Strigl new prez, COO
Verizon Communications has announced several management moves in the wake of last week’s announcement by vice chairman Larry Babbio that he will retire at the end of the first quarter of 2007...
CenturyTel enters new markets with Madison River acquisition
Monroe, Louis.-based CenturyTel announced its intent today to acquired Madison River Communications for $830 million. The deal would add 176,000 access lines throughout Alabama, Georgia, Illinois and North Carolina...
Verizon, Asian carriers team on trans-Pacific link
Verizon Business announced this morning that it is partnering with a consortium of Asian service providers to build a multi-terabit optical submarine cable system directly linking the U.S. mainland and China. Construction of the Trans-Pacific Express is expected to start in the first quarter of next year, with completion scheduled for the third quarter of 2008...
Juniper routes 40-Gb/s over 10-Gb/s cores
Juniper Networks has introduced a new physical interface card for its T-series core routers meant to satisfy demand for 40-Gb/s backbones among carriers with 10-Gb/s networks...
Utah’s multicity FTTH project enters phase two
After several months of delays, Utah’s multicity municipal wholesale fiber-to-the-home (FTTH) network, Utopia, is now entering its second phase of construction, according to Paul Morris, Utopia’s executive director...
A Telephony Podcast: AT&T/BellSouth Merger Concerns
The still-pending merger between the two carriers is creating financial issues and worries about the future for their technology vendors. Telephony Senior Writer Ed Gubbins analyzes the situation...
ADC bemoans AT&T merger limbo
ADC Telecom blamed uncertainty over the pending AT&T/BellSouth merger in part for some missed revenue in its recent quarter and low visibility in the current quarter...
Eagle Broadband grows IT business via acquisition
Eagle Broadband last week agreed to acquire the corporate information technology (IT) customers of Houston-based Connex Services, the company announced today...
Cost cutting takes Redback to Mexico, Malaysia
Redback Networks is starting to shift its manufacturing operations to Mexico and Malaysia this quarter to lower costs as the edge router vendor competes in a market the chief executive officer calls “brutal.”...
Sycamore’s acquisition stumbles
Lowered revenue projections from edge networking vendor Eastern Research allowed Sycamore Networks to renegotiate the price it paid to acquire the company this year, Sycamore said during a quarterly earnings call today...
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