Photonex, Ai Team on Management
News Wire Feed -
July 31, 2003 : Ai Metrix's NeuralStar network service management system integrated with PhotonEx's PX-Ultra 4T optical transport system and CorePilot EMS
Allstream Posts Q2 Profit
News Wire Feed -
July 31, 2003 : Revenues were $336.6M, down from $384.9M a year ago, for net income of $24.4M, up from a net loss of $1.35B in the same period last year
Oplink Q4 Loss Grows
News Wire Feed -
July 31, 2003 : Revenues were $6.0M, down from $7.7M last year, for a net loss of $10.7M ($0.07/share), up from a loss of $8.2M ($0.05/share) in 4Q02
Avanex Closes Acquisitions
NFOEC Newswire Feed -
July 31, 2003 : Avanex completes acquisition of Alcatel Optronics France and certain assets of Corning
Corvis Narrows Q2 Loss
News Wire Feed -
July 31, 2003 : Revenues were $27.0M, for a net loss of $45.8M ($0.11/share), up from a loss of $119.1M ($0.31/share) last year; will return to the Nasdaq
Path 1 IPO Yields $13.5M
News Wire Feed -
July 31, 2003 : Path 1 Network Technologies completes its $13.5M initial public stock offering, moves to the American Stock Exchange
MCI Swallows Government Ban
News Wire Feed -
July 31, 2003 : MCI accepts its ban from receiving new federal contracts; Capellas explains that it's 'in the process of rebuilding our ethics program'
Feds Ban MCI From Gov't Contracts
News Wire Feed -
July 31, 2003 : GSA bars MCI/WorldCom from receiving any new federal contracts because it 'lacks the necessary internal controls and business ethics'
BT Q1 Profit Up, Revenue Flat
News Wire Feed -
July 31, 2003 : EPS of 4.1 pence was up 64% and turnover was maintained at £4.6B, but that's before amortisation and exceptional items, so really who knows?
ATIS Publishes Security Standard
News Wire Feed -
July 31, 2003 : Alliance for Telecommunications Industry Solutions (ATIS) publishes security standard to protect next-gen telecom network infrastructure
Spantel Posts Q2 Profit
News Wire Feed -
July 31, 2003 : Revenues were $4.14M, up from $2.81M a year ago, for earnings of $319k ($0.015/share), up from a loss of $889k ($0.04/share) in 2Q02
Lucent Does SDH, DWDM in Guangdong
News Wire Feed -
July 31, 2003 : Guangdong Eastern Fibernet Company picks Lucent to expand its SDH and DWDM backbone networks in Guangdong Province
ADC Amends Shareholder Rights
News Wire Feed -
July 31, 2003 : ADC's board amends the shareowner rights plan, extending its term to 2013 and providing for its review at least once every three years
Outremer Deploys Redback Gateway
News Wire Feed -
July 31, 2003 : Outremer Telecom of France selects Redback Networks' new SmartEdge 800 Service Gateway platform to offer next-gen DSL and IP services
Sprint Speeds Sysco Customer Service
News Wire Feed -
July 31, 2003 : Food service marketer and distributor Sysco signs a new $19M comms services contract with Sprint for faster customer response
Aegis Semi Ships OCM
News Wire Feed -
July 31, 2003 : Aegis Semiconductor ships its first product, the 'mosquito' Optical Channel Monitor (OCM) based on active thin films technology
China Netcom Picks UTStarcom IP-DSLAM
News Wire Feed -
July 31, 2003 : UTStarcom wins its second major IP-DSLAM contract with China Netcom, to deploy over 100K lines of its AN-2000 IB IP-based DSLAM solution
InterDigital Acquires Tantivy
LR Mobile News Feed -
July 31, 2003 : InterDigital Communications acquires all the assets of Tantivy Communications for $10M plus $1.5M in loan cancellation
Symbol Buys Covigo
LR Mobile News Feed -
July 31, 2003 : Symbol Technologies acquires software maker Covigo to strengthen mobile computing platform development
Netgear Gets $98M From IPO
LR Mobile News Feed -
July 31, 2003 : Netgear prices its initial public offering of 7M shares on the Nasdaq at $14 per share, for net proceeds of approximately $98M
British Gas Digs Centrino
LR Mobile News Feed -
July 31, 2003 : Intel scores a major deal to equip 850 British Gas service engineers with Panasonic CF18 notebooks powered by Intel Centrino mobile technology
Radcom Tests TCP Security
News Wire Feed -
July 31, 2003 : Radcom adds support for multi-mode TCP security testing to its SIP simulation solution
Eastern Research Acquires Avail
News Wire Feed -
July 31, 2003 : Eastern Research buys Avail Networks, extending its access networks portfolio to intelligent last-mile broadband solutions
Sprint Supports USAF in SW Asia
News Wire Feed -
July 31, 2003 : Sprint wins multimillion-dollar contract for day-to-day management of tactical comms systems at US Air Force bases in Southwest Asia
AT&T, Oracle Do Application Mgmt
News Wire Feed -
July 31, 2003 : AT&T and Oracle team up on managed hosting, outsourcing contract with leading engineering and energy firm Michael Baker Corp.
Telenor Brings VPN to Inmarsat
News Wire Feed -
July 31, 2003 : Telenor installs dedicated leased line, enabling full and VPN options for Inmarsat Regional Broadband Global Area Network (BGAN) users
Cisco Ships 2M IP Phones
News Wire Feed -
July 31, 2003 : Cisco Systems ships its two-millionth IP phone to SouthTrust Bank, replacing over 700 different PBXs with one virtual enterprise IP PBX
Dell'Oro: WLAN Doubles by 07
LR Mobile News Feed -
July 31, 2003 : Worldwide WLAN 802.11 market to grow from $1.5B in 2002 to $3.1B in 2007, according to Dell'Oro Group
Actiontec Ships Bluetooth
LR Mobile News Feed -
July 31, 2003 : Actiontec Electronics ships new USB bluetooth adapter in the United Kingdom, enabling wireless printing, synching, Internet access, etc.
América Móvil Buys Conecel
LR Mobile News Feed -
July 31, 2003 : América Móvil acquires a 20% indirect interest in Ecuadorian wireless company Conecel, bringing its interest in the company to 100%
Siemens Slashes 2,300 Jobs
LR Mobile News Feed -
July 31, 2003 : Mobile communication group will cut 2,300 jobs, including 500 in Germany, as part of its plans to save €1B by year-end 2004
BT Picks Norwood for Bluephone
LR Mobile News Feed -
July 31, 2003 : Norwood Systems' Bluetooth-based EnterpriseMobility voice and data networking solution selected as a trial platform for BT's Bluephone initiative
TeliaSonera Ups Q2 Earnings
LR Mobile News Feed -
July 31, 2003 : Net sales were SEK 20.3B (US$2.47B), flat with 2Q02, for net income of SEK 1.5B (US$182.6M), up from a loss of SEK 27.5B (US$3.35B) in 2Q02
Net.com, Digiquant Team on VOIP Billing
News Wire Feed -
July 31, 2003 : Net.com and Digiquant form marketing and product alliance to create a carrier-class VOIP solution with advanced billing capabilities
ADVA Posts Q2 Profit
News Wire Feed -
July 31, 2003 : Revenues were €22.7M, up 1.9% from last year's Q2, for net income of €0.6M (€0.02/share), up from a loss of €3.7M (€0.11/share) in 2Q02
TI Buys 802.11 RF Firm Radia
LR Mobile News Feed -
July 30, 2003 : Texas Instruments acquires Radia Communications, a fabless semiconductor firm specializing in 802.11 radio frequency (RF) technologies
StockerYale Cuts Q2 Loss
News Wire Feed -
July 30, 2003 : Revenues were $3.6M, up 2% from last year's Q2, for a net loss of $2.4M ($0.18/share), down from a loss of $3.7M ($0.29/share) in 2Q02
UTStarcom Wins in Thailand
LR Mobile News Feed -
July 30, 2003 : UTStarcom signs contract with Asia Wireless Communication to deploy its IP-based PAS system in business districts of the Bangkok metro area
Nortel Wins Western Wireless
LR Mobile News Feed -
July 30, 2003 : Western Wireless awards Nortel a $90M contract to deploy CDMA2000 core and radio access networking gear to expand coverage in the western US
Optinel, MidStream Demo VOD
News Wire Feed -
July 30, 2003 : Cable TV provider and video service vendor have completed interop tests for their combined video-on-demand architecture
Brazilian WISP Picks Wificom
LR Mobile News Feed -
July 30, 2003 : VEX, Brazil's principal wireless ISP, picks Wificom Technologies' SAB Server for aggressive expansion of wireless services in Latin America
New Focus Q2 Revenues Slide
News Wire Feed -
July 30, 2003 : Revenues were $6.3M, down from $9.1M in 2Q02, for a net loss of $7.2M ($0.11/share), down from a net profit of $5.3M ($0.07/share) last year
Time Warner Wins St. Petersburg College
News Wire Feed -
July 30, 2003 : Time Warner Telecom wins contract to deliver Internet and data services to St. Petersburg College, connecting eight campuses
Turin Wins at Grand River
News Wire Feed -
July 30, 2003 : Missouri's Grand River Mutual Telephone awards Turin Networks a RUS-financed contract for OC-192 Sonet network gear
MCI Responds to Accusers
News Wire Feed -
July 30, 2003 : In response to reports alleging that it has inappropriately handled access fees, chairman/CEO Capellas promises to 'do the right thing'
El-Gev Electronics Distributes Ample
News Wire Feed -
July 30, 2003 : Ample Communications signs with El-Gev Electronics to distribute its Frame Processing silicon solutions to the Israeli market
Terayon Q2 Loss Swells
News Wire Feed -
July 30, 2003 : Revenues were $30.6M, up 37% from last year, for a net loss of $13.1M ($0.18/share), up from a loss of $3.7M ($0.05/share) last year
Vodafone Adds Director
LR Mobile News Feed -
July 30, 2003 : Luc Vandevelde, Chairman of Marks & Spencer, to become non-executive director of Vodafone Group, effective September 1
Mobilitec Names VP/Israel GM
LR Mobile News Feed -
July 30, 2003 : Mobilitec appoints Nissim Ben-Dayan vice president of worldwide operations and general manager of Mobilitec Israel
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