FTTx Finance News
:: FTTx Finance News ::
Provo, Utah, overhauls iProvo muni fiber model
By: By Ed Gubbins
The city council of Provo, Utah, is conferring with consultants it hired this month to help determine why its fiber-to-the-home (FTTH) network isn’t performing as hoped and to overhaul the model...
Zayo buys Citynet wholesale unit
By: By Carol Wilson
Zayo Group continued its buying ways, announcing Thursday it has acquired the wholesale unit of Citynet, the Tulsa, Okla.-based service provider...
SureWest enters Kansas City through acquisition
By: By Ed Gubbins
SureWest Communications has agreed to acquire Everest Broadband for $173 million in cash in a deal that will roughly double SureWest’s triple-play subscriber base...
Eagle’s Houston fiber network for sale
By: By Ed Gubbins
Eagle Broadband is showing its Houston-area fiber-to-the-home (FTTH) network to prospective buyers this week, having hired a broker to help sell the assets...
In the Spotlight: Zayo CEO Dan Caruso
By: By Carol Wilson
Telephony Editor-in-Chief Carol Wilson spoke to Zayo Chief Executive Officer Dan Caruso about his company’s meteoric rise...
Technology debates fueled OEN’s demise
By: By Ed Gubbins
Executives at Optical Entertainment Network haven’t been available to talk about what led the company to suddenly announce it was discontinuing all services this month. But sources close to the company say a combination of technology debates, deployment challenges and management turnover kept the company from finding the additional financing it needed...
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...
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...
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...
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...
Advertiser claims Verizon inflated FiOS numbers
By: By Sarah Reedy
Less than two weeks after Verizon Communications celebrated its two-year anniversary of FiOS TV, an advertiser is accusing the carrier of fudging subscriber data for the fiber-based service...
FTTH Con: U.S. FTTH connections top 2 million
By: By Ed Gubbins
ORLANDO--Fiber-to-the-home connections in the U.S. have more than doubled from a year ago to surpass the 2 million mark, according to data released today from Render Vanderslice and Associates...
Tellabs' BellSouth FTTC spending picks up
By: By Ed Gubbins
Spending from AT&T and its constituent companies improved in the second quarter but haven’t yet returned to the levels seen before last year’s merger with BellSouth, according to Tellabs...
Profits down but Verizon sees growth
By: By Carol Wilson
Verizon today reported growth in its first-quarter revenues, particularly its Verizon Wireless operations, but saw profits shrink 8.4%, due in part to FiOS costs and the divestiture of two business units...
Updated: Tellabs suffers from drop in FTTC sales to BellSouth
By: By Ed Gubbins
Tellabs reported a drop in first-quarter revenue today driven by weaker sales of fiber-to-the-curb (FTTC) equipment to BellSouth following that carrier’s acquisition by AT&T...
Zhone moves into new optical trials
By: By Ed Gubbins
Zhone Technologies reported a 3% sequential revenue decline in the first quarter, as it continues to try to grow revenue from newer products faster than that from older products declines...
Adtran comes out of the rough
By: By Ed Gubbins
Adtran today reported a return to healthy spending among major U.S. carriers in the first quarter despite earlier predictions of a lingering pause in their purchasing...
Infonetics: BPON sales ‘tanking’
By: By Ed Gubbins
Sales of broadband passive optical networking (BPON) equipment are “tanking” as higher-speed GPON gear enters the market, according to a report this week from Infonetics Research...
Ciena searches for new CFO
By: By Ed Gubbins
Ciena has begun looking for a replacement for Joe Chinnici, who will resign his position as the company’s chief financial officer by the end of this year. Chinnici worked for the optical equipment vendor for 12 years...
Alcatel-Lucent acquires ROADM vendor Tropic
By: By Ed Gubbins
Alcatel-Lucent has agreed to acquire optical equipment vendor Tropic Networks for an undisclosed sum, the companies announced today. The two have been partners since they jointly pursued a deal to supply reconfigurable optical add/drop multiplexers (ROADMs) to SBC Communications in 2004...
OFC: Analyst blames Cisco for unprofitable optics
By: By Ed Gubbins
ANAHEIM--“This is an era of profitless prosperity,” Andrew Schmitt, general partner of Niquist Capital, told a crowd at the Optical Fiber Communications conference...
Ciena’s optical business snowballs
By: By Ed Gubbins
Ciena beat the expectations of Wall Street analysts today, reporting $165 million in fiscal-first-quarter revenue when the street expected $164 million. But its quarterly earnings, at $0.22 per share, were below the street consensus of $0.23, the result of a lot of low-margin installation services Ciena performed in the quarter...
Legal fees a third of muni fiber cost
By: By Ed Gubbins
About a third of the money spent so far on a municipal fiber-to-the-home (FTTH) project in Louisiana has gone to lawyers, according to local media reports...
Ericsson acquires Entrisphere
By: By Ed Gubbins
Ericssson today announced its acquisition of fiber access equipment vendor Entrisphere. “Fiber technology is essential for high-definition IPTV and other IP-based services,” Ericsson said in a statement released today. “Entrisphere has a well proven and competitive product portfolio, ready for large scale deployment....
Tellabs’ fourth-quarter woes may continue
By: By Ed Gubbins
Calling the fourth quarter of 2006 a “tough” one for the company, Tellabs said the first quarter may be no easier....
