Globalcomm: Adva acquires Movaz
By Ed Gubbins
CHICAGO--Adva Optical Networking has agreed to acquire Movaz Networks, the companies announced today...
Yipes taps debt market
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...
Ciena reaches profits ahead of schedule
By Ed Gubbins
Ciena reported adjusted profits earlier than promised in its second fiscal quarter...
Alcatel drags down first-quarter optical market
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...
Sycamore out of places to cut
By Ed Gubbins
Sycamore Networks has cut about as much of its operating costs as it can, the company said today during its April quarter earnings call...
Adva’s U.S. push cools in Q1
By Ed Gubbins
About six months after promising “dramatic” investment in the United States to expand its presence here, German equipment vendor Adva Optical Networking reported tepid momentum here in its first-quarter earnings...
SureWest balances FTTH growth, profits
By Ed Gubbins
Strong revenue growth in SureWest Communications’ fiber-to-the-home (FTTH) business offset declining revenue from its voice and DSL group in the first quarter...
Broadwing goes adjusted EBITDA positive
By Ed Gubbins
Broadwing declared positive earnings before interest, taxes, depreciation and amortization (EBITDA) on an adjusted basis for the first time today...
Tellabs cashes in on wireless transport
By Ed Gubbins
Tellabs reported strong top-line growth for the first quarter, defying predictions that its traditional crossconnect business has peaked. "There's still a lot of life in this business," said CEO Krish Prabhu (above)...
Metro Ethernet equipment market explodes
By Ed Gubbins
Global spending on metro Ethernet equipment nearly doubled last year to about $5 billion, according to new data from Infonetics Research, which projects the market to triple by 2009....
JDSU acquiring Test-Um for home network testing
By Tim McElligott
JDSU has agreed to acquire test company Test-Um for an undisclosed sum in order to expand its field test portfolio for the home networking, fiber and digital cable testing markets. ...
Sycamore acquires its way to the edge
By Ed Gubbins
Optical equipment vendor Sycamore Networks has agreed to acquire Eastern Research, a New Jersey-based vendor of edge networking equipment. The move gives the optical core vendor a portfolio of products at the network’s edge...
Movaz forms component JV
By Ed Gubbins
Optical equipment vendor Movaz Networks has formed a joint venture with Japanese manufacturer Olympus that will sell optical modules and components worldwide...
NCTA: Cablevision exec says Verizon not competitive
By Carol Wilson
ATLANTA--Cablevision is taking much more business away from Verizon than it is losing, Chief Operating Officer Tom Rutledge said today. ...
Fifth GPON vendor gets on Bell ‘short list’
By Ed Gubbins
A month ago, UBS Investment Research maintained that AT&T, BellSouth and Verizon Communications had narrowed the GPON equipment search to four equipment vendors. Since then, at least two analysts have claimed that a fifth vendor, Entrisphere, is also on that list...
White Rock, Tellabs grow apart
By Ed Gubbins
White Rock Networks is currently negotiating with its partner, Tellabs, to turn the original equipment manufacturer agreement they forged in 2002 into a looser reseller arrangement, according to Paul Forzisi, White Rock's vice president of marketing. ...
Tellabs CEO pay up 63% to $1.35M
By Ed Gubbins
Tellabs CEO Krish Prabhu earned more than $1.35 million last year, not including long-term compensation, according to regulatory filings. ...
The not-so-extreme makeover of ADC
By Jason Meyers
After several turbulent years, ADC has returned to consistent profitability and is on the lookout for expansion opportunities. Just don't expect this growth path to look much like the last one...
Global Crossing: Google crowd driving dark fiber sales
By Ed Gubbins
Demand is growing for Global Crossing's dark fiber, thanks to Google and companies like it, executives said today while reporting the carrier’s 2005 earnings...
OFC: Level 3 declares bandwidth price plummet over
By Ed Gubbins
ANAHEIM--The age of rapidly falling bandwidth prices is over, according to Robert Feuerstein, senior architect at Level 3 Communications....
Ciena: Big orders keep coming
By Ed Gubbins
The trend toward larger orders of optical equipment that Ciena reported in December is continuing, the company reported during its fiscal first-quarter earnings call today...
Japan, GEPON dominate FTTH
By Ed Gubbins
Japan utterly dominated fiber-to-the-home (FTTH) growth last year, contributing 80% of the world’s FTTH subscriber growth, according to data released by Dittberner & Associates this week...
Verizon cuts 3500, touts fiber savings
By Carol Wilson
Verizon’s merger with MCI is proceeding ahead of schedule in producing synergies, and that means 3500 jobs in the new Verizon Business unit will be shed in 2006, Verizon Vice Chairman and President Lawrence Babbio announced Tuesday afternoon....
SureWest reports jump in FTTP subs
By Vince Vittore
SureWest Communications said the number of subscribers on it fiber-to-the-premises network topped the 20,000 mark in the fourth quarter of 2005....
Nortel partners not pleased
By Ed Gubbins
Nortel Networks was short a couple of valentines this month, as two of its equipment vendor partners singled out the company as a disappointment ...
