Cisco reports solid first quarter
By: By Sarah Reedy
Cisco Systems continued its solid streak for the first quarter of fiscal 2008, reporting revenues of $9.6 billion from $9.4 billion in the previous quarter...
Tellabs CEO to resign
By: By Ed Gubbins
Krish Prabhu has announced he will resign his position as president and chief executive officer of Tellabs by March 1, 2008...
Surewest on the hunt for M&A
By: By Ed Gubbins
Surewest Communications is actively seeking acquisitions to help scale its fiber-to-the-home (FTTH) business, the company said today, emphasizing that it is not looking only for properties in geographic proximity to its California network...
Adva’s Alcatel-Lucent partnership hits ‘bottom’
By: By Ed Gubbins
Adva Optical Networking’s partnership with Alcatel-Lucent has thinned about as much as it can, the equipment vendor said today...
Acquisitions impact Citizens’ earnings
By: By Sarah Reedy
After a busy year of acquisitions and integration, Citizens Communications today reported a fall in earnings for the third quarter of 2007 due in large part to higher expenses associated with the acquisitions...
Verizon DSL growth withers in FiOS' shadow
By: By Ed Gubbins
Verizon's DSL business is slowing drastically as the company focuses on its fiber-to-the-home deployment...
Foundry's service provider drive pays off
By: By Ed Gubbins
Foundry Networks is making good on its promise to penetrate the service provider market this year...
When giants stumble
By: By Ed Gubbins
Last year, as the telecom industry's top equipment vendors moved toward consolidation, the rest of the vendor landscape was grimly warned: Join the consolidation trend or be trampled by the new breed of titans. Why megavendors aren't so tough after all...
Anagran names new CEO
By: By Ed Gubbins
Edge router start-up Anagran today named as its new chief executive officer Kim Niederman, a former sales vice president at Polycom...
Alcatel-Lucent’s restructuring not a full remedy, say analysts
By: By Ed Gubbins
Analysts and investors seemed to approve of the new restructuring plans Alcatel-Lucent announced today, but the moves did little to assuage deeper doubts surrounding the company...
Qwest greenlights $300M FTTN rollout
By: By Ed Gubbins
Qwest Communications’ directors have approved its management’s fiber-to-the-node (FTTN) deployment plans, new chief executive officer Ed Mueller said during the company’s quarterly earnings call today. But the company isn’t yet saying what set of services will justify the strategy...
Covad acquired by private equity firm
By: By Ed Gubbins
Covad Communications has agreed to be acquired by Platinum Equity for about $304 million in cash, the companies announced today...
Occam chairman: No M&A or CEO search underway
By: By Ed Gubbins
Despite calls from some investors to replace top management or sell the company, Occam Networks has no plans to do either, according to the company’s chairman and representative of its largest shareholder...
Telcos slow Comcast’s subscriber growth
By: By Ed Gubbins
Comcast blamed telecom competitors for unexpectedly slower growth in subscriber additions in the third quarter...
Nokia Siemens acquires carrier Ethernet vendor
By: By Ed Gubbins
Nokia Siemens Networks announced plans to acquire carrier Ethernet equipment vendor Atrica today, in what would be the joint venture’s first acquisition...
Infinera weans itself from Level 3
By: By Ed Gubbins
Infinera grew less dependent on its largest customer, Level 3 Communications, in the third quarter, thanks to a growing roster of other customers, including Cox Communications, XO Communications and 360Networks...
In the Spotlight: Juniper Networks' Stephen Elop
By: By Ed Gubbins
Stephen Elop joined Juniper Networks in January in the newly created post of chief operating officer. Formerly at Adobe Systems through its acquisition of Macromedia (where he was CEO), Elop spearheaded a sweeping internal overhaul of Juniper this year. He spoke to Telephony earlier this month about the changes...
AT&T “approaching” 10,000 IPTV installs per week
By: By Ed Gubbins
AT&T nearly doubled the weekly installation rate of its U-verse IPTV service in the third quarter, the company announced along with its quarterly earnings today...
Render defends his FTTH data
By: By Ed Gubbins
Michael Render, president of RVA Market Research and Consulting, is defending the data in his most recent fiber-to-the-home (FTTH) report following questions from another analyst about its accuracy...
Occam board to give CEO M&A incentive
By: By Ed Gubbins
Amid a wave of investor disappointment, Occam Networks’ board of directors hope to amend the employment contract of the company’s chief executive, Bob Howard-Anderson, to remove any disincentive he might have to sell the company...
Angry Occam investors call for management’s ouster
By: By Ed Gubbins
Filing restated financial reports for recent years this week, Occam Networks claimed to have put its long restatement process behind it. But investors on the company’s quarterly earnings conference call late Wednesday unleashed a barrage of scathing criticism...
AT&T, EchoStar speculation swells
By: By Sarah Reedy
There is a 65% chance that AT&T will buy EchoStar’s DISH Network satellite TV service within the next 12 months, according to Citigroup analyst Jason Bazinet in a research report published today...
Adtran blames flat third quarter on two customers
By: By Ed Gubbins
Adtran blamed sequentially flat third-quarter revenue on two major carrier customers that significantly cut spending in the quarter...
Nortel settles SEC fraud case for $35M
By: By Ed Gubbins
The same day that the U.S. Securities and Exchange Commission filed a lawsuit alleging accounting fraud at Nortel Networks, the equipment vendor agreed to settle the case for $35 million, the SEC said today...
Infinera to raise more funds
By: By Ed Gubbins
Infinera is looking to raise more than $100 million in a new public offering of stock, the company announced late last week...
