Verizon narrows packet/optical search
By: By Ed Gubbins
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
By: By Ed Gubbins
Competitive carrier Xfone has agreed to acquire West Texas carrier NTS Communications for $42 million...
Optical transport market hits five-year high
By: By Ed Gubbins
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
By: By Ed Gubbins
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
By: By Ed Gubbins
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
By: By Ed Gubbins
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
By: By Ed Gubbins
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
By: By Tim McElligott
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
By: By Tim McElligott
Keith Paglusch, chief operating officer of Windstream Communications until today, has left the company...
Report: Nortel invests in optical vendor
By: By Ed Gubbins
Nortel Networks is taking a minority stake in optical networking vendor Tejas Networks, according the Economic Times...
Warburg Pincus takes $245M stake in CLEC
By: By Ed Gubbins
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
By: By Ed Gubbins
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
By: By Tim McElligott
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
By: By Ed Gubbins
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...
Qwest names new CEO
By: By Ed Gubbins
Qwest Communications has named Edward Mueller its new chief executive officer, replacing Richard Notebaert, who retires on Wednesday...
IP services brighten XO Holdings’ Q2 picture
By: By Mark Donahue
Despite positive gains for its IP services, XO Holdings posted a slightly higher net loss for the second-quarter this week and saw a dip in revenue over the same period...
Global Crossing gets mixed results in Q2
By: By Mark Donahue
Global Crossing reported second-quarter results today that saw the service provider suffer a net loss despite higher revenues...
Calix quietly raises $75M
By: By Ed Gubbins
Calix sold nearly $75 million in preferred stock this summer without publicly announcing the transaction, dampening speculation that the equipment vendor might go public any time soon...
Cisco co-founder launches DWDM start-up
By: By Ed Gubbins
Cisco Systems co-founder Len Bosack is launching a new equipment start-up today aimed at bringing optical networking to people who are more comfortable with routers than optics...
Caspian founder launches edge router start-up
By: By Ed Gubbins
The founder of router vendor Caspian Networks has launched a new company he hopes will apply Caspian’s concepts to a more cost-effective set of products. ...
Sycamore discontinues another Eastern Research product
By: By Ed Gubbins
Sycamore Networks decided late last month to discontinue marketing or developing the BSG line of products it obtained through its acquisition of Eastern Research last year...
Alcatel-Lucent cancels Adva orders
By: By Ed Gubbins
Alcatel-Lucent pulled away from its partnership with Adva Optical Networking in the second quarter, dragging down Adva’s revenue and even canceling some existing orders for Adva’s wavelength-division multiplexing (WDM) gear, Adva said today...
Nortel North America president resigns
By: By Ed Gubbins
The president of Nortel Networks’ North American operations will resign at the end of this month, the company announced late Wednesday...
Qwest close to new CEO, Notebaert said
By: By Carol Wilson
Qwest Communications’ outgoing Chairman and CEO Richard Notebaert hinted broadly this morning that an announcement is forthcoming of his replacement. In the Q&A session following what could be his last earnings call with Qwest, Notebaert told analysts the new executive will be announced “sooner rather than later.”...
Infinera revenue explodes
By: By Ed Gubbins
In its first quarter as a public company, equipment vendor Infinera reported more than $58 million in second-quarter revenue, a nearly 19% increase sequentially and a 1360% increase from a year earlier...
