Lucent has announced it plans to raise $1 billion in convertible stock, but is the market willing?

Will equipment companies' reliance on Asian sales come back to haunt them? The pattern looks familiar

Latest scuttlebut: Sameer Padhye is new VP of service provider marketing; Kevin Kennedy chills talks with Redback

Motorola agrees to shell out $300 million in stock to boost its cable equipment business

Danny Bottoms has taken over as the startup service provider's fourth CEO, ending a period of strange goings-on

MRV's losses widen, but the company predicts better times ahead

Irvine Sensors bets $55 million that superconductor technologies will be the next wave for high-speed routers

Alcatel Optronics has (finally) agreed to buy the Scottish AWG startup

OMM has halted development of 3D MEMS subsystems, casting a pall of gloom over other MEMS startups

JDSU's whopping $50.6 billion loss speaks to the sector's inflated expectations

Q2 results were on target, and two new customers and a reduction in spending should pay off in 2002

The latest scuttlebutt says Roland Koch, fresh from Siemens ICN, could be Nortel's next CEO

With investment slowing and returns down, VCs are turning their attention to maintaining their strongest portfolio members

Execs air their grievances with Morgan Stanley, saying fiber prices are stable and China is optical's future

'Atrocious' relationship with John Chambers has prompted exec to look at CEO position with Redback, sources say

Frost & Sullivan says the market for traditional Sonet/SDH gear is giving way to next-generation optical systems

It's got 100 days to restructure and relaunch or get bought before it goes bust

Not yet, but today's announcements of a significant new customer and product enhancements might help

New Focus sees growing revenues, but losses pile up as the company's orders plummet

Finnish wireless expert says it will use Amber's fault-tolerant router to build pure IP wireless networks

Cisco's service provider boss, Kevin Kennedy, is rumored to be in the running for top posts at Redback and Nortel

Router startup Procket recruits refugees from the public market, including former Extreme CFO Vito Palermo

Losses are greater than expected but management assures that things will improve in the next two quarters

Insight or insanity? Lehman Brothers' analyst Steve Levy, an early Lucent critic, says shares may have hit bottom

Execs say Lucent's future depends on restructuring its credit facilities, paving the way for up to 20,000 more layoffs

Company says it can boost the speed of electrical backplanes to 10.7 Gbit/s

Is the Scottish startup paving the way for a sale at a knockdown price?

Qwest's losses increase with a $3.75 billion charge, but data services revenue jumps

Hyperchip scoops up more engineers as fellow core-router vendor IPOptical goes out of business

ONI matches Wall Streets expectations and raises its revenue estimates; pricing pressure evident in margins

Unveils a tunable laser, amplifier, and modulator on a single piece of indium phosphide UPDATED 7/24 1:00 ET

Startup outlines plans for a single programmable chip that handles circuits, cells, and packets natively

The deal is close -- again. Does Wall Street care anymore?

Photonic Materials gets $15 million to develop crystals for future optical components

Redback's ex-CEO has joined the optical Ethernet startup

Baird initiates coverage on Sorrento as the company hits up banks for more funding

Sparkle Optics reckons it can outdo AWGs with its diffraction grating technology

Avici trims losses and grows revenue but still has only one paying customer and continues to burn cash

Despite $19.4B quarterly net loss, execs say they've finished cost-cutting measures. The rest is up to the customers

Posts record second-quarter losses, as supply-chain inventory buildup begins to slowly burn off

How much for the little packet? A question heard throughout Seattle.

It's put $40 million into a network processor startup in an effort to grab a share of the OC192 market

A TeleChoice study contradicts the view that many carrier networks are under-utilized

Just one quarter into their life as a public company, Tellium executives get bullish. They even raise guidance for 2001

Lucent's complicated credit agreement is now Wall Street's focus, as the company aims for recovery

Extreme sees revenue growth in Asia, returns to pro forma profit after two difficult quarters; net losses continue

Its latest silicon could help the competition get a leg up on Cisco's ONS 15454

Degrees of Twaddle – Peter Heywood

Alan Kember, Nortel veteran, steps into the place evacuated by Anil Khatod last week **UPDATED**

Excluding dark fiber sales, growth disappeared -- and so did customers. What's management excited about?

JDSU still in talks with the SEC about how to take a $40 billion charge on goodwill; third-quarter restatement coming

Morgan Stanley says Corning's swapped half-price fiber for orders in China. Price war? Or plain ol' dumping?

Williams raises cash by selling off shares of ONI and Corvis

Company has shed two thirds of its staff and is struggling to stay alive

Its MEMS modules have passed muster with Telcordia. Will that be enough to ensure its survival?

Cisco takes the fall for the optical market, as Morgan Stanley casts doubt on the quarter

What's hot: IP services and edge access. What's not: optical switching and components. So says the Optical Oracle

Celox Network stocks up on cash in tough times as it inches toward shipment of its IP service switch

Investment marks a revival of interest in free-space optics

Lucent CEO Schacht has told employees another layoff is coming. It's probably a big one

Cisco's latest acquisition hasn't gone over too well, as competitors charge the company is manipulating standards efforts

Anil Khatod, Nortel's chief marketing and strategy officer, steps down just days before scheduled earnings call

Juniper continues to trim costs as core spending slows

Bob Barron takes the helm at an optical components player in sunny southern California

Says its HyperFine DWDM technology can deliver the same capacity per fiber in a totally different way

A Light Reading report gives the grisly details and offers advice to victims

Technology experts are scaling back their estimates for the adoption of higher-speed technologies

Losses and lawsuits are taking their toll on Redback's share price, encouraging takeover speculation

Here's what our camera captured at NFOEC.

APN, a startup, says it has figured out how to apply CDMA technology to optical networks. Observers are skeptical

Joint testing lends credibility to the startup's 1550-nanometer VCSEL claims

Enjoy the Summer – Scott Clavenna

More grim news from Alcatel, Corning, and Newport leads the market decline as the Light Reading Index hits a new low

Next-generation metro components dominated the product news at the fiber-optic engineering conference in Baltimore

Qwest joins Genuity and WorldCom in taking a look at Metro-Optix

Cisco's DWDM enhancements and OSMINE certification point to growing effort to land RBOC/ILEC deals

Bandwidth glut? Corvis CEO David Huber and Williams CTO Matt Bross say it's only in Wall Street's imagination

Startup ditches switch strategy in favor of selling subsystems

Comcast has gone public with details of a whopping big bid for AT&T Broadband. Can it succeed?

Report shows that valuations of private companies have plummeted -- and getting new financing is no easy task

It's getting ultra-long-haul technology plus an all optical switch for "less than $1 million"

This week the US Congress will resume debate on the Tauzin-Dingell bill, determining the future of broadband access

Net Insight looks to upstage sibling Dynarc with contract to deploy DTM technology in a US media network

After exploring options for months, Zaffire has found a buyer and its management team says goodbye

A recent report says tunable lasers will comprise roughly 26 percent of all lasers manufactured worldwide by 2005

Analyst Steve Levy adjusts his forecast for Ciena, and investors head for the hills

With more cutbacks, a new CEO, and no officially announced customer, Kestrel's future isn't exactly clear

Too bad there aren't any buyers. Still, some say the telecom downturn has fueled a potentially big aftermarket

It's just rearranging the deck chairs, and it's not the Titanic, says Trellis's chairman

Price drops by more than 50% after company issues profit warning last night

Plans to demo a low-cost, directly modulated laser capable of carrying 2.5 Gbit/s 300 kilometers

Moody's lowers its bond ratings on Nortel; says Nortel may see further downgrades UPDATED: 07/03, 6:00 PM

The startup has achieved a big leap forward in framer chip technology

Civcom has raised another $10.5 million for its optical switch component developments

Stock market stability and steady corporate earnings are needed before the M&A deal frenzy can begin again

Wall Street punished Avanex as it announced it had reduced its workforce by more than 40% and lowered guidance

The startup and its closest competitor were founded by the same guys -David Bloom and Asif Godil

LuxN is adding more wavelengths and intelligent switching to its transport portfolio to make a play for the metro market

$45 million third round brings Actelis’s funding total to $74 million