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News Wire Feed
Content posted in May 2003
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Arroyo Hires Temp CEO
News Wire Feed  | 
5/31/2003  |  Post a comment
Arroyo Optics appoints Hatch Graham, chairman and CEO of Bandwidth9, as interim CEO and president
GlobalX Releases April Earnings
News Wire Feed  | 
5/31/2003  |  Post a comment
Consolidated revenue of approximately $228M, consolidated cash balance of approximately $584M, consolidated EBITDA a loss of $11M
XO Bids $700M for GlobalX
News Wire Feed  | 
5/30/2003  |  Post a comment
XO Communications offers to acquire Global Crossing for $700M, $100M more than the current bid from Singapore Technologies Telemedia
Lucent Raises $1.5B
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5/30/2003  |  Post a comment
Raises $1.525 billion through convertible senior debt offering
Sorrento Restructuring OK'd
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5/30/2003  |  Post a comment
Sorrento Networks shareholders approve restructuring plan by wide margin; seeks to satisfy Nasdaq regs
IMC Launches Ethernet CPE
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5/30/2003  |  Post a comment
New Access EtherLinX designed to cut the cost of delivering metropolitan Ethernet services to business customers
ADC Prices Notes
News Wire Feed  | 
5/30/2003  |  Post a comment
ADC prices $350 million convertible subordinated notes offering
Photon Gets German Reseller
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5/30/2003  |  Post a comment
BFi Optilas is now the exclusive representative for Photon products in Germany
Bookham Boosts Integration
News Wire Feed  | 
5/30/2003  |  1 comment
Three semiconductor processes allow smarter integration by driving down costs while simultaneously enhancing system functionality
Juniper Boosts Security
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5/30/2003  |  Post a comment
Announces J-Protect, a comprehensive solution that advances network security
Marconi Boosts Security
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5/30/2003  |  Post a comment
New enhancements to network management software support Triple Data Encryption Standard for Simple Network Management Protocol
Turin Adds DCS
News Wire Feed  | 
5/30/2003  |  Post a comment
Adds scaleable wideband DCS functionality to the its flagship Traverse Platform
Arris Announces Product, Partnership
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5/29/2003  |  Post a comment
Cadant C4 CMTS, with software release 3.1 and FlexCAM technology, is available; announces Key Distribution Center with Alopa Networks
Blue Coat Closes Quarter
News Wire Feed  | 
5/29/2003  |  Post a comment
Revenue was $11.8M for Q4 of fiscal 2003, compared with $11.7M in the prior quarter; net loss of $1.2M or $0.14 per share
Molex Ends Year, Wields Axe
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5/29/2003  |  Post a comment
Will downsize two facilities in the United States and close two smaller European facilities
Union Slams MCI
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5/29/2003  |  Post a comment
CWA 'does not believe that a company that has admitted to the largest corporate fraud in our history should be rewarded by our government'
Group Eyes MCI/Fed Contracts
News Wire Feed  | 
5/29/2003  |  Post a comment
Citizens Against Government Waste requests information relating to government contracts with MCI
ADC Offering Notes
News Wire Feed  | 
5/29/2003  |  Post a comment
To offer up to $350 million in aggregate principal amount of convertible subordinated Notes
Movaz Hires 2 Honchos
News Wire Feed  | 
5/29/2003  |  1 comment
John Beagley joins as SVP of global sales; Johnson Agogbua! joins as SVP for network quality and customer service
UK Joins Euro Testbed
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5/29/2003  |  Post a comment
Higher Education Funding Council for England is investing £6.5M in an initiative known as UKLight, an Anglo-Dutch collaboration
RBOCs Agree on Access Specs
News Wire Feed  | 
5/29/2003  |  3 comments
BellSouth, SBC, and Verizon adopt common tech requirements for fiber to the premises; to seek equipment proposals for potential deployment
General Bandwidth Wins FTTH Deal
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5/29/2003  |  Post a comment
Canada's Futureway Communications selects the G6 Packet Gateway for deployment of voice over its multiservice fiber network
Paradyne Unleashes Tsunami
News Wire Feed  | 
5/29/2003  |  Post a comment
GranDSLAM 8820 Tsunami is a standards-based, carrier class, scaleable, high-capacity, multiservice DSLAM platform
TI Ships Some Modems
News Wire Feed  | 
5/29/2003  |  Post a comment
Netgear, SMC, and Toshiba have all chosen Texas Instruments' retail-ready residential gateway cable modems
Oplink Stays on Nasdaq
News Wire Feed  | 
5/29/2003  |  Post a comment
Has regained compliance with the Nasdaq National Market continued listing requirements
Adtran Adds SHDSL to DSLAM
News Wire Feed  | 
5/29/2003  |  Post a comment
Announces expanded G.shdsl delivery from the Total Access 3000, its full-service DSLAM
Verizon to Redeem Debentures
News Wire Feed  | 
5/29/2003  |  Post a comment
Verizon New York and Verizon New England to redeem the entire outstanding principal amount of their $100M debentures
C-COR Adds to Management Suite
News Wire Feed  | 
5/29/2003  |  Post a comment
New application module, the Network Configuration Manager, joins its Integrated Services Management suite of OSS software
Marconi Reports on Its Year
News Wire Feed  | 
5/29/2003  |  Post a comment
Group sales £2.0B; group operating loss £729M; group loss after taxation £1.1B; group loss per share 39.9 pence for fiscal year 2003
Lucent to Raise $1.3B in Bonds
News Wire Feed  | 
5/28/2003  |  Post a comment
Company also announces approximately $600 million in credit facilities for new and existing letters of credit
Exar Integrates LIU and More
News Wire Feed  | 
5/28/2003  |  Post a comment
New chip mashes together a line interface unit, ATM UNI framer and jitter attenuation
NTT Deploys Vivace MPLS
News Wire Feed  | 
5/28/2003  |  Post a comment
NTT Communications deploys the Viva Multi-Service node in new multiservice MPLS network
Mitsubishi Has Fast Diodes
News Wire Feed  | 
5/28/2003  |  Post a comment
ML9xx40 Series of distributed feedback laser diodes enable 2.5-Gbit/s 100km transmission at 85 degrees C for first time
Riverstone Delays 10-K
News Wire Feed  | 
5/28/2003  |  Post a comment
Delaying the filing of its Form 10-K for the fiscal year ended March 1, 2003, which is due on May 30
F&S Looks at Test Gear
News Wire Feed  | 
5/28/2003  |  Post a comment
Frost & Sullivan says capex slowdown is limiting end-users' demand for test equipment
IDC: Support Services Spending to Grow
News Wire Feed  | 
5/28/2003  |  Post a comment
Worldwide network product services spending will increase to $15.5 billion by 2007, a growth rate of 8.9%
Moto Wins Mountain Deal
News Wire Feed  | 
5/28/2003  |  Post a comment
Arrow Cuts 400
News Wire Feed  | 
5/28/2003  |  Post a comment
Company will realize approximately $25 million in annual operating expense savings
Polaris Picks Ops Boss
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5/28/2003  |  Post a comment
Former BrightLink COO and HP executive Jacob Vigil appointed SVP of operations
FiberCore Faces Delisting
News Wire Feed  | 
5/28/2003  |  Post a comment
Hearing to contest the delisting of its securities from the Nasdaq Smallcap Market was held on May 22
Transport Market Declines
News Wire Feed  | 
5/28/2003  |  Post a comment
Optical transport equipment market declines 4% in 1Q03 according to Dell'Oro Group
Lemur Names Sales Chief
News Wire Feed  | 
5/28/2003  |  Post a comment
Mark Stalica (who has no prehensile tail) has joined the company as Vice President, World Wide Sales
Stratos Unloads Semiconductor Biz
News Wire Feed  | 
5/28/2003  |  Post a comment
To sell its Bandwidth Semiconductor subsidiary for an undisclosed sum to Spire Corp.
AT&T Intros Recovery Services
News Wire Feed  | 
5/28/2003  |  Post a comment
Announces new integrated recovery, availability, and reliability services
BellSouth Extends LD Reach
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5/28/2003  |  Post a comment
Launches long-distance service offering in Georgia and Louisiana
Balts Buy Cisco MPLS Gear
News Wire Feed  | 
5/28/2003  |  Post a comment
Lithuanian Telecom to deliver next-gen voice and data services based on Cisco 12000 Series routers
Agilent Ships Transceivers
News Wire Feed  | 
5/28/2003  |  Post a comment
Begins customer shipments of industry's first hot-pluggable DWDM transceivers
Web Surfers Want Safety
News Wire Feed  | 
5/28/2003  |  Post a comment
High-speed Internet users want service providers to help them secure their home computers, says a new study
Fibernet Takes DSL to Liverpool
News Wire Feed  | 
5/28/2003  |  Post a comment
Fibernet Group announces plans to include Liverpool in its national rollout of Symmetric DSL (SDSL) services
Qwest Reports on Q1
News Wire Feed  | 
5/28/2003  |  Post a comment
Announces first-quarter net income of $150 million or $0.09 per diluted share
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