Lucatel names more top management
By: By Ed Gubbins
Alcatel and Lucent Technologies named more executives today to fill out the top management of the combined company after the two vendors merge...
Redback soars, signs first OEM deal in Asia
By: By Ed Gubbins
Redback Networks again reported impressive financial results in the second quarter, announcing its first partnership with an original equipment manufacturer in the process. ...
Motorola buys VOD vendor Broadbus
By: By Ed Gubbins
Motorola today announced its intent to acquire Broadbus Technologies, a privately held vendor of video-on-demand equipment....
UBS: Verizon GPON deal could be three-way
By: By Ed Gubbins
With a decision reportedly imminent in Verizon's search for suppliers of GPON equipment, a trio of vendors could initially share the prize, according to UBS Investment Research....
Zhone writes off legacy gear
By: By Ed Gubbins
Declining sales of legacy equipment caused Zhone Technologies to miss its revenue expectations for the second quarter in a row this year. The equipment vendor has now written off about 80% of its inventory of legacy products, taking a $7.2-million charge in the second quarter...
Avici enjoys first-ever profitable quarter
By: By Ed Gubbins
Avici Systems swung to a profit in the second quarter as it reported its highest quarterly revenue ever, the ten-year-old core router vendor reported today...
Broadwing sheds light on Infinera deal
By: By Ed Gubbins
In an interview with Telephony this morning, Broadwing offered more details into the deal announced late yesterday in which the carrier is turning over its equipment manufacturing business to Infinera while deploying that vendor’s gear in its network...
Adtran lowers 2006 expectations again
By: By Ed Gubbins
Three months after lowering its revenue expectations for 2006, Adtran lowered them again this morning, citing uncertainty in sales of some of its optical products this year...
Buyer/supplier linkages crossing traditional lines
By: By Carol Wilson
New service demands and the rapid pace of industry change push service providers into closer arrangements with vendors. Click here to read the full-length version of this story...
Windstream stands alone
By: By Tim McElligott
The separation of Alltel's wireless and wireline businesses as well as the merger between the landline business and Valor Communications was announced in December 2005....
MPEG-4 set-top delays hurt Tut’s second quarter
By: By Ed Gubbins
Delays in the availability of MPEG-4 set-top boxes and their middleware led to the second-quarter revenue shortfall reported by equipment vendor Tut Systems yesterday, Chairman and CEO Sal D'Auria said in a speech at an investor conference....
Tut warns of another earnings shortfall
By: By Ed Gubbins
Video equipment vendor Tut Systems warned today that its second-quarter revenue and gross margin will be lower than previously indicated....
Alcatel COO to change roles post-merger
By: By Ed Gubbins
Though Alcatel said its chief operating officer, Mike Quigley, would remain COO of the company following its pending merger with Lucent Technologies, Quigley “has decided for personal reasons to assume a different role for the combined company,” the two companies said in a press release issued Monday...
Equipment vendors under-leveraged
By: By Ed Gubbins
Telecom equipment vendors as a group are sorely under-leveraged, Merrill Lynch analyst Tal Liani wrote in a report issued today, and many of them would do well to take on more debt...
Nortel CEO cuts own pension
By: By Ed Gubbins
A day after announcing a reduction in the pension benefits of his North American employees, Nortel Networks Chief Executive Officer Mike Zafirovski volunteered to cut his own pension benefits as well...
Infinera CFO switch stokes IPO rumors
By: By Ed Gubbins
Infinera named a new chief financial officer today in a move sure to fan the flames of speculation over whether the company will pursue an initial public offering sometime soon...
Nortel fills CTO post
By: By Ed Gubbins
Nortel Networks named John J. Roese its new chief technology officer today, filling in the final gap in a senior management team that has been remade in recent months...
Siemens, Nokia join consolidation push
By: By Kevin Fitchard
Nokia and Siemens today said they would combine their respective network divisions, creating a huge telecom infrastructure division rivaled only by the Ericsson and the soon-to-be-combined Alcatel and Lucent Technologies. (Photographer: PAUL O'DRISCOLL/BLOOMBERG NEWS/Landov)...
Embarq sues AT&T over access charges
By: By Ed Gubbins
After less than a month as a standalone company, Embarq filed suit this week against AT&T in a dispute over network access fees...
Globalcomm: Adva acquires Movaz
By: By Ed Gubbins
CHICAGO--Adva Optical Networking has agreed to acquire Movaz Networks, the companies announced today...
Financial hurdles for ADC/Andrew?
By: By Dan O'Shea
The merger that equipment vendors ADC and Andrew Corporation announced earlier this week is drawing its share of concern from financial analysts following those companies...
Yipes taps debt market
By: By Ed Gubbins
Yipes Enterprise Services completed its fourth round of funding, taking in $17.5 million in credit and equity, the company announced this week, tapping the debt market for the first time in its seven-year history...
Overture Networks collects $7.5M round
By: By Ed Gubbins
Overture Networks completed a $7.5-million third round of funding, the company announced today...
Ciena reaches profits ahead of schedule
By: By Ed Gubbins
Ciena reported adjusted profits earlier than promised in its second fiscal quarter...
Alcatel drags down first-quarter optical market
By: By Ed Gubbins
The global optical networking hardware market dropped 12% sequentially in the first quarter “as a direct result” of a 43% sequential revenue drop from the market’s leader, Alcatel, according to Infonetics Research...
