Corning unveils LANscape Solutions for Free-Space Optics, offering ideal connectivity when an optical fiber cable link isn't feasible

Teradyne and Accelerant Networks integrate products to deliver a 6.25-Gbit/s backplane reference platform

Shawn Vick leaves Bombardier to become EVP of sales; Andreas Papanicolaou leaves Lucent, becomes EVP of Network Services

Reports EPS of $0.77 before charges of $4.2B; debt reduced $3.3B; 2002 guidance sees revenue change of 0% to -1%, down from 0 to 1% growth

Modelware announces new version of PL4/SPI-4.2 core and interoperability with PMC-Sierra's OC192 and 10-Gig Ethernet products

Northwest Telephone selects Taqua's OCX to provide Class 5 services to subscriber base

Alcatel crossconnect technology deployed Sprint's international IP network in Europe and Asia Pacific regions

Tasman Networks' latest financing round led by Mayfield and New Enterprise Associates; company names new CFO and VP of engineering

Optibase, in French trial with Nortel and Tiscali, validates use of standardized telecom networks for professional video broadcasting

Premier marketing strategist Judith Meester joins Santel Networks as marketing director

Global Crossing pushes back the date of the auction to determine the successful bidder from July 31 to August 2

KPN buys the Dutch-owned part of the KPNQwest Eurorings, as well as its Netwerk Operating Centre in the Hague

Salira China created to perform market development and product development activities; Wei Gao named Salira China's president

Revenue was US$48.0M, down from US$67.8M in 1Q02; net loss was US$8.7M (US$0.07 LPS), versus US$60.5M (US$0.49 LPS) last year

Third funding round led by new investor ComVentures, adds TeleSoft Partners to previous investors Sprout Group and New Venture Partners

Revenues were $11.2M, compared to $11.1M for last year's Q1; pro forma EPS was $0.03, compared to $0.06 in last year's quarter

Due to Verizon action, Genuity will postpones the release of its August 1st earnings report

Con Edison selects Cisco metro Ethernet switching solution for its PowerLan metro Ethernet services in the New York metropolitan area

Internet2 uses Ixia's IxTraffic to achieve unparalleled visibility into inter-domain performance

SBC Ameritech Michigan plans to file for long-distance service with the FCC by the end of 2002

Hrvatski Telekom (Croatian Telecom) selects Granite Systems' Xng suite for service resource management

Eclyptic announces $5M in first-round funding, led by Austin Ventures; names Joe Corso as CEO

Verizon reports significantly reduced customer complaints, highest service quality results since company was formed two years ago

NetLogic Microsystems appoints Dr. Dimitrios Dimitrelis, former director of processor development for Vitesse, as VP of engineering

Eagan, Minn.-based Cable System Services signs $1M, multi-year FTTH contract for Optical Solutions' FiberPath 400 system

Department of Justice recommends approval of BellSouth five-state long-distance service application

Check Point supports clientless VPNs to enable secure communications from anywhere, enhances VPN-1 Pro and VPN-1 SecureClient

In testimony before the Senate Commerce Committee, FCC Chairman Michael Powell outlines 6 critical steps for telecom industry recovery

Bernstein Liebhard & Lifshitz, LLP announces shareholder class action lawsuit against Tellabs

Sprint obtains bank commitments for $1.5B unsecured credit line, anticipates significant debt reductions beginning in 2003

Williams Communications Group files Amended Plan of Reorganization and Disclosure Statement

Level 3 announces Internet access deal with MCNC, operator of the North Carolina Research and Education Network (NCREN)

3SAE Technologies introduces the AutoStrip, the industry's first automatic optical fiber window stripping unit

UK service provider THUS selects ADVA Optical Networking's FSP 500 platform for added-value metro data services

Industry's first complementary Silicon-Germanium process increases speed by 3X, cuts noise in half

Revenues were £7.1M, up 27% Q/Q; net loss was reduced to £16.2M; company plans to consolidate facilities, eliminate about 150 employees

Agilent will address the theme 'Enabling the Metro' in its exhibits at the European Conference on Optical Communications in Copenhagen

Bulgarians love Cisco! Cisco sells CallManager to United Bulgarian Bank, four days after winning at the Bulgarian Ministry Of Transport

University of Ulster supports voice, video, and data via enterprise data solution from Nortel Networks

Core Networks names Craig Soderquist, most recently president and CEO of Com21, as new president and CEO

Moody's downgrades Corning's debt ratings, affecting about $5B of debt securities; outlook is negative

Civcom announces Free-X Shutter for multiple markets, ranging from telecommunications and test & measurement to military applications

Solidum PAX.port 1200 to provide classification for new generation of access edge switches from China's Harbour Networks

Metrobility completes $3.5M funding round led by new investor North Atlantic Capital

Stratos Lightwave announces multimode optical transceivers for fast Ethernet and OC3 data rates, with integrated transmit disable function

AT&T, AOL Time Warner temporarily suspend registration rights process, explore alternative transaction for Time Warner Entertainment

Banks agree to two-week standstill agreement as negotiations continue to revise its credit facility

Brazilian company Austacem/Cenesp, South American multitenant market leader, relies on Siemens IP convergence technology HiPath

Korean service provider picks Lucent to provide advanced optical system for long-distance network, quadrupling its network's capacity

Alcatel extends stackable product line to include cost-effective 48-port multilayer switch for convergence-ready customers

Amsterdam Internet Exchange upgrades its backbone with Foundry Networks' 10-Gigabit Ethernet solution to better serve over 130 ISPs

Juniper Networks delivers T320 320-Gigabit router, enabling comprehensive deployment of T-series technology

Trend's FlexaNet Video monitors MPEG2/DVB transport streams to ensure quality, reliability and check operation of digital TV systems

Veeco Instruments reports revenues of $77.3M, a net loss of $1.6 million ($0.06 per share), and pro forma EPS of $0.02

Proficient Networks upgrades Network Policy Engine with cost-based load sharing for improved intelligent routing

APA Optics announces limited availability of premium low-loss DWDM products operating from 0° to 60° without active thermal control

Corning publicly offers $500M of mandatory convertible preferred stock under existing $5B universal shelf registration statement

SBC to resell NetScreen’s integrated security appliances and systems, such as the NetScreen-5XP and the NetScreen-500, to enterprise customers

Revenues were $8.0M, for a GAAP net loss of $12.5M ($0.19 per share); full-year 2002 revenues were $33.7M, for a GAAP net loss of $77.8M

Optical Communication Products' CWDM Gigabit Interface Converter transceivers boast extended transmission distance of over 100km

SiberCore Technologies delivers SiberCAM Ultra-18M, a low-power 18-Mbit forwarding and classification coprocessor for OC48 and OC192 systems

Creates transparent corporate networks across LANs and WANs

Pirelli reaches the 50,000km mark for total Optical Ground Wire installations

NetCentrex launches Saga800 Network-Based Contact Center solution to Americas/Asia markets

Nine communications companies form High Speed Backplane Initiative (HSBI) to develop specs for SerDes for 5 Gbit/s and higher speeds

Revenues of $88,000 were less than 25% of revenues from last year's quarter, for an operating loss of $2.6M

Inphi intros family of D flip-flop integrated circuits, providing precise signal retiming to enhance optical system design and performance

Covad signs wholesale service agreement with Sprint, enabling Sprint to offer DSL service over Covad's national network

Equant reengineers multi-city data network for Credit Lyonnais Securities Asia under 3-year, multimillion-dollar contract

Extreme Networks intros EPICenter 4.0 software, delivering increased scaleability, automation and improved workflow design for Ethernet

Exar announces single-chip clock synchronization receiver, ideal for central office BITS applications

Sidgmore names Gregory F. Rayburn as Chief Restructuring Officer and John S. Dubel as Chief Financial Officer, to manage restructuring

Plans to realign stock option incentives awards for approximately 1.7M shares, canceling options with an exercise price above $7.50

Israel’s PTT Bezeq signs multimillion-dollar deal to deploy Redback’s subscriber management platforms

Williams Communications gets $150M from Leucadia National, readies plan of reorganization for emergence from Chapter 11 in the fall

Axsun Technologies announces Jack Kay as new CEO, replacing founder Dr. Dale Flanders, who will continue as chairman and CTO

Qwest provides update on ongoing analysis of accounting practices with new auditors KPMG, withdraws guidance for full-year 2002

Has received $1.5M from the Office of the Chief Scientist, the research and development arm of the Israeli Ministry of Trade

Free cash flow totaled $1.1 billion in the second quarter of 2002

Rye Telephone of Colorado City expands existing FTTH deployment in new, multi-year contract with Optical Solutions

Bulgarian Ministry Of Transport and Communications deploys Cisco's AVVID architecture in IP-enabled disaster recovery center

Continued growth and increased margins, particularly in the mobile biz, drive revenues up to 12,011M kroner (US$1.57B), up 19.5% from 2Q01

GlobalX signs deal with Dutch National Research network SURFnet to connect telescopes in 8 countries, enabling real-time calculations

Revenue was down slightly to $61.6M; net loss was $21.1M, or $0.23 per share, down from $32.5M, or $0.38 per share, in the prior quarter

Verizon hurt Genuity's feelings by deciding to cancel its option to re-integrate the company; CEO Gudonis has something to say

Revenues grow 15% sequentially to $17.8M, but thanks largely to the acquisition of RapidStream, GAAP net loss more than doubles to $11.7M

kSaria names JDSU alum Richard Parker as VP of sales; creates post of Director of Product Marketing, names Curtis Johnson to fill it

Sales drop 10% year-over-year to ¥982.9B, resulting in an operating loss of ¥29.0B; plans to continue restructuring efforts to lower loss

Telefonica board approves a new company organisation, the General Management for Corporate Strategy and Regulation, headed by Luis Lada

Genoa Corp. wins US patent for integrated chip-based optical amplifier and signal power monitor

Neos picks Nortel to upgrade its UK optical backbone network, to directly carry Gigabit Ethernet traffic over DWDM channels

Alliance Fiber Optic Products posts revenues of $3.67M, up slightly sequentially, and a GAAP net loss of $4.5M ($0.13 per share), down a bit

Anritsu intros VP Connector family that provides high-end performance up to 65 GHz

Dividends on the Cumulative Redeemable Class A Preferred Shares Series 5 and the Non-cumulative Series 7; aren't you glad you asked?

JDSU reports a GAAP loss of $997M for the quarter and $8.7B for the year, plans more layoffs; names Syrus Madavi president and COO

Revenues were $3.0M, reported net loss was $119.1M ($0.31 per share); 70 positions eliminated in the US, 170 positions in France

George Chase returns to Fujitsu Network Communications, where he was once an executive VP, to serve as group president and COO

CIR sees recovery in long-haul market beginning in 2003, ramping to an overall market value of close to $3B by 2006

RedWire Broadband buys nearly all the assets of IntelliSpace Southern California for a combination of cash and RedWire common stock

Schott Optovance unveils interconnect for high-bandwidth 2D VCSEL transceivers

The i2i cable network, a 3,200km cable linking Singapore and India, begins carrying commercial traffic

We're not just buttons and zippers anymore: YKK Corp. launches optical components division in America

Essex, Fiberspace, Opticalis to speed deployment of Ultra-Dense WDM as cost-effective solution for long-haul, metro, and access networks

CIR sees market for telecom network management software reaching $6.6B in 2006; optical networks management software to reach $3.7B

Revenues were $740M, down 6.3% from 2Q01; growth in Network Services offset by declines in Integration Services, SITA and other revenues

Net revenue down to $9.1M; pro forma net loss at $14.5M ($0.19 per share); company plans to lay off 290 people by the end of the quarter

Revenues were $560M, up $9M (1.6%) from last quarter; reported net loss was $332M ($0.20 per share), including $127M in restructuring charges

Liberate goes for a 'triple play' of video, voice, and data via $62M cash acquisition of Sigma and its service management solution

Mindspeed revenues up 15% sequentially, plans to lay off 35% of workforce (about 400 people) in order to reach profitability by December

At Metro Optical Networking Forum, Xilinx unveils strategy to penetrate MAN market, solve bottleneck issues; intros 10-Gbit/s NP core

Net income was €725M and EBIT from operations was €892M, both vastly better than last year's red-ink figures

Quarterly Sales unchanged and income from operations improved sequentially; net debt is reduced €4B year-on-year to just €1.3B

Operating income totaled SEK 119M and was burdened with restructuring costs of SEK 482M, while group net sales increased just 1%

Ontario-based ISP RipNET picks Taqua's OCX to build high-speed broadband and local telecom service network

Consolidated net sales of NEC decreased by ¥103.4B, or 9%, to ¥1,021.2B over the previous first quarter

WorldCom Inc.'s Chapter 11 filing highlights the general weakness, high risk in the telecommunications industry

France Telecom Group tops 100 million customers, reports growth of more than 10% in each of its markets for total revenues of €22.5B

Cisco to acquire AYR Networks for common stock worth up to $113M; Cisco re-certification NEC Business Network Solutions as Gold Partner

Occam Networks drops its common stock from the Nasdaq and will begin trading on the OTC bulletin board under the ticker symbol OCCM

Revenue was $9.3M, up slightly from last quarter but a 56.5% drop from $21.4M in Q201; pro forma net loss was $15.1M, or $0.30 per share

Covad appoints Andrew S. Lockwood, former SVP and GM of Inktomi's Wireless Division, as senior VP of marketing

Performance Technologies reports revenue up 3% sequentially to $6.6M, for a net income of $0.4M, or $.03 per share

Ignis Optics demos interoperability of its IGP-2000 Series OC-48 SFP transceivers with a SerDes IC reference board from Velio

Revenue of $553M is a 3% percent increase over last quarter; operating income, cash flow, and EPS all show improvement

Fireclick chooses Ingrian Networks's active application security solution for monitoring its customers' SSL transactions

FTI picks Nokia's IP network security appliances, integrating VPN/FireWall software from Check Point for its VPN

Sells 64% of TDF for €1.6B, to an entity controlled by Charterhouse Capital Development, CDC IXIS Equity Capital, and Caisse des Dépôts

Cable & Wireless further enhances Exodus storage service offerings with acquisition of key assets of StorageWay, Inc.

Sales were €25.4M, down by 83.0% from last year and down 27.6% sequentially; loss from operations was €50.6M

SingTel builds international wholesale voice service network using Cisco Systems' VOIP solutions

Verizon has decided not to reintegrate Genuity into the company

BT and Microsoft to use Cisco's PGW 2200 and AS5000 Series gateways to offer unmetered computer-phone calls to MSN users

Aurora Networks' Series B round was led by the Sprout Group, joining previous investors Battery Ventures, ComVentures, and Castile Ventures

Corning cancels plans for Oklahoma City manufacturing facility 'due to current market conditions in the telecommunications sector'

France Telecom using Nortel Networks gear to transform Club Mediterranee network

Verizon proposes plan to protect customer service and healthy carriers during telecom shakeout, urges FCC to adopt protective measures

Reports net sales of $56.3M, up from $49.3M for 2Q01; laid off about 80 full-time employees and 20 consultants and temps

Second quarter revenues were $3.1M, for a pro forma net loss of $41.1M, or $0.36 per share; the GAAP loss was a whopping $213.8M

CoSine Communications announced revenue of $6.1M and a pro forma net loss of $20.1M, or $0.21 per share; plans a reverse stock split

Foundry posts 20% sequential revenue increase to $75.0M for its 13th quarter of profitability overall, as new products gain momentum

SingTel contracts Sheer Networks to provide its MetroCentral Broadband Operating System as the core of SingTel's OSS solution

SonicWall extends partnerships and expands sales to reach large enterprise and ISP markets via distribution relationship with NTT sub

Newport Corp. meets guidance with sales of $44.0M and a loss from continuing operations of $6.5M, or $0.17 per diluted share

Net sales were $4.2M, down from $6.3M for 1Q02 and $34.5M in 2Q01; DIGL is "disappointed with the... sales decline, which was unexpected"

Hus Tigli, former president and CEO of OMM Inc., joins Trex Enterprises spinoff CrossFiber as president and CEO

Revenues were $86.3M, up 10% from last year; GAAP net loss was $2.4M or $0.03 per share; pro forma net income was $3.2M, or $0.04 per share

Revenues were $456.3M, 10.6% down from last year's fourth quarter, and net income was $27.3M ($0.14 per share), up from 4Q01

Sales were $896M and the net loss was $370M, or $0.39 per share; company plans to lay off 4,400 employees, including 2,700 on salary

Net revenues were $30.2M, down 27% Y/Y; GAAP net loss was $404.9M; company plans to lay off 275 employees, about 25% of its workforce

DOJ recommends that the FCC approve Qwest's application to reenter the long-distance biz in Colorado, Idaho, Iowa, Nebraska, and North Dakota

Tsviatko Ganev joins Zarlink to lead its optical business; former optical chief Jitesh Vadhia takes over the Network Access Division

In a $17M deal, BellSouth contracts Nortel Networks to deploy Ecuador's first CDMA2000 3G wireless network

AT&T accelerates plans for deployment of Global Network and end-to-end customer services; offers free calls to Pa. customers

MontaVista announces Linux Carrier Grade Edition 2.1, the industry's first COTS Linux platform for telecommunications applications

France Telecom secures its link with Algeria with Alpal-2, the submarine cable system linking Algiers and Palma de Mallorca

ECI Telecom appoints Krish Prabhu, former Alcatel COO and current venture partner at Morgenthaler, to its board of directors

Lantern Communications delivers carrier-class Ethernet services using Xilinx Virtex-II platform FPGAS

Broadcom samples low-power Gigabit Ethernet quad transceiver that purports to solve issues limiting deployment of GigE to the desktop

Bristol Virginia Utilities selects Alcatel to build Fiber-to-the-Home network to serve more than 8,000 homes

AT&T earns $0.07 per diluted share from continuing operations, loses $12.7B after special charges on revenues of $12.1B

SBC Communications reports earnings of $1.8B, or $0.55 per diluted share, on revenues of $13.1B

TranSwitch introduces TXC-OMNI, a breakthrough silicon and software solution for developing ADMs, DCSs, and hybrid TDM/data switching gear

Revenue plunged 50% versus a year ago to $2.95B, resulting in a loss of $7.91B; company plans to lay off 7,000 to lower breakeven

Boeing selects Nortel to build private nationwide optical network; Best Buy picks Nortel, HickoryTech for Internet telephony network

Transmode Systems is first to market with amplified Coarse Wavelength Division Multiplexing systems

Xtera, along with U. of Michigan, awarded 5 patents enabling all-Raman amplification in long-haul WDM transport systems

Solicitation of creditor approval of plan of reorganization to begin shortly; both plan alternatives now have support of key creditors

New Focus' optical-to-electrical converters extend functionality of WaveMaster oscilloscopes into fiber optic markets

Google spiffs up search engine with RouteScience's PathControl

Dr. Jeremy R. Knowles, former dean of the Faculty of Arts and Sciences at Harvard U., joins Corning board of directors

Industry leaders announce 'X2' multi-source agreement for 10-Gigabit pluggable optical transceivers based on Xenpak technology

Oki forms Oki Optical Components group to increase focus on North American markets

Ixia and Network Associates announce relationship to optimize network performance validation

IP Unity's Harmony6000 platform selected by Comcast for VOIP service in the Philadelphia area

KDC to bring Aprisa's concept-to-production software for electronic products to Korean Market

Optical component integrator NeoPhotonics names Ken Westrick, former New Focus president and CEO, to board of directors

Nortel Networks Shasta 5000 BSN to extend China Telecom, China Netcom IP services in nine provinces

FCC doesn't think 'this bankruptcy filing will... threaten the operation of WorldCom's Internet backbone facilities'

Silicon Access Networks samples industry's first 20-Gigabit NP, the iFlow Packet Processor

SIP-capable firewalls and SIParators from Ingate available nationwide through Interlink Communication Systems (ICS)

Inphi Corp. introduces high-speed NRZ-to-RZ converter for 10-Gbit/s optical applications

Groupe Sagem picks West Bay Semiconductor to supply advanced chip for next-gen SDH/Sonet system

Applied Materials enables tomorrow's ultra-high-speed nano-chips with new Atomic Layer Deposition technology

Wanadoo Interactive Cable chooses Redback's SMS platform, leveraging market-leading capabilities of SMS platform to deliver profitable services

Ranked #1 in communications processor market, Motorola unveils the new PowerQUICC III processor and wins a deal with Alcatel for another

Caw Networks brings key Layer 4 to 7 test capabilities to Spirent's performance analysis product portfolio

Verizon to complete sale of 600,000 telephone access lines serving 101 Kentucky exchanges to Alltel on July 31

Franklin W. Olin College of Engineering, University of Miami deploy Nortel Networks' voice/data and Sonet gear, respectively

Xebeo does it again: Tony Przygienda hired as Principal Protocol Architect, joining coworkers Lampros Kalampoukas and Rusty Renkel

BellSouth Corp. reports EPS of $0.16, free cash flow of $1.4B; total debt reduced by $1B, bringing it down to $2.1B

10-Gigabit Small Form-factor Pluggable (XFP) Module Group releases preliminary specification for ultra-small 10-Gbit/s module

North American Internet traffic growth on track, but revenues remain flat; AT&T to surpass WorldCom as #1 traffic carrier

China Telecom's Anhui Corp. selects Alcatel's 7670 Routing Switch Platform for edge and core IP, MPLS, and ATM traffic

Reports about the death of broadband have been greatly exaggerated, according to a study by In-Stat/MDR

Agere chosen as Raman pump module supplier for Lucent Technologies; Agere intros next-gen PayloadPlus network processor

Surprise!

CacheFlow veteran Michael Lane to accelerate sales growth

Class action lawsuit filed against Tellabs for misleading its shareholders

Comcast to use Lucent Technologies' VitalAccess software to remotely configure voice-over-IP services

Tiscali builds new MPLS-based Internet access network across Netherlands with Cisco Technology

Improved revenues, EBIT, reduced net loss, and gained market share sequentially and year-on-year in all business groups

Standard & Poor's lowers ratings on 3 synthetic transactions related to Qwest and its subsidiaries

HighWave Optical Technologies revenues was €2M for Q1, a drop of 89% from last year's quarter and 29% from last quarter

Net sales fell 30% from 2Q01, to $14.7M; pro forma net income was $782,000 or $0.02 per diluted share, a 50% fall from 2001

Swedish vendor loses SEK 3.5B (US$379.3M) in second quarter, revises forecasts for sales of mobile network systems

The company reports its 4th consecutive quarter of increased revenue, jumping 14.1 percent to $27.2M, on product revenues increased by 35%

Sales are up for access, metro optical, enterprise, and MIPS-based processors, vendor claims

Execs credit results to networking and cable modem product lines

FPGAs on the rise, execs say

200 employees will be terminated; firm is focused on four key growth segments: Storage, Ethernet, Transport and Networking

France Telecom's subsidiary will focus on Internet access and online services

OSS vendor says inventory and service provisioning are now operational at carrier customer

Will provide dark fiber rings with its Starpower joint venture

Revenues were $2.77B, and its net loss was $697M, or $0.20 per common share

Vendor claims certification important to carrier adoption

Subsidiaries of beleaguered carrier launch reorg plans in the US and Canada

Sprint signs a multiyear communications services agreement with Phillips de Pury & Luxembourg, an international art auction house

Teleon Corp. signs a letter of intent to acquire a 80% position in Optical Network Solutions, LLC

Revenue was $202.1M, up 5% from Q1 and up 9% from a year ago; pro forma net loss was $6.3M, or $0.05 per share, half of the Q1 loss

Financing round led by Momentum Management, with contribution from Eurofund, should accelerate Foxcom to profitability

Alopa Networks closes series C financing tranche, led by VantagePoint Venture Partners

TranSwitch posts revenues of $4.5M and a pro forma net loss of $10.2M, eliminates 16 percent of its worldwide workforce of 420

Ciena's Online metro products complete Telcordia Osmine services process, are approved for ILEC networks

Total revenues rise 6% to $6.83B; Sprint now expects free cash flow breakeven for the full year 2002

Net revenues increased 14% over last year's quarter to $17.3M, but pro forma net income fell to $2.2M, or $0.04 per diluted share

Europe's incumbent telcos must look beyond reducing their €240B collective debt and focus on strategic options, says Analysys

Consolidated revenue nearly doubles to $750M from $386M in the prior quarter, but net loss is still $156M, or $0.39 per share

SBC calls unbundling rules and UNE-Platform policy 'devastating,' urges FCC to cut regulations that impede investment and competition

ALTS and facilities-based CLECs urge FCC to preserve ground rules for local telecom competition by not altering rules on UNEs

Competitive Telecommunications Association warns of more investment woe if FCC tampers with existing unbundled network element (UNE) rules

Net revenue increased modestly to $113.1M; pro forma net income was $3.8M or $0.03 per share, also a modest uptick

AT&T's board of directors has named AT&T president David W. Dorman chairman and chief executive officer-designate

SOMA Networks scales up to handle next-generation developments and commercial deployments, appoints Joe Buccino VP of engineering

Picosecond Pulse Labs announces 10-Gsample/s sampler technology for use in next-generation ultrawideband (UWB) receivers

New coplanar waveguide photodiodes target applications in 1- and 10-Gigabit Ethernet, Fibre Channel, InfiniBand, VCSEL, and Sonet/SDH

Agilent Technologies announces integrated, scaleable, parametric test series for wireless, optical communications wafers

Transparent Networks moves headquarters to a new custom-built facility located next to its MEMS foundry in Milpitas, Calif.

McLeodUSA aims to reduce bank term loans with sale of Illinois Consolidated Telecommunications Company to Homebase Acquisition

Lucent Technologies selected by Telekomunikacja Polska as the supplier of DSL broadband access systems

Sprint, WorldCom, Qwest, Level 3, and Williams sanctioned by federal court for 'judge shopping' to get sweetheart deal on class action lawsuits

Opnet Technologies has established advisory boards for enterprises and service providers to help shape the company's strategic direction

SonicWall's compact TELE3 SP supports failover and failback of broadband and dialup connections for continuous VPN uptime

BellSouth awarded estimated $236M contract to support FAA telecom infrastructure overhaul at major airports throughout the Southeast

Avanex and Oplink will hold special stockholder meetings on August 15 to seek approval of their merger

Tellabs reports second-quarter sales of $345 million, breakeven earnings per share before charges

Under four-year deal, Equant provides core network services for connecting Ficosa's employees and associates in 12 countries

As first products reach market, Qusion Technologies adds Bob Pollock as VP of sales and signs Straube Associates as channel partner

LG Electronics chooses IP Infusion’s ZebOS Advanced Routing Suite for its next-generation broadband, multiservice switch/router

Oceanic Time Warner Cable chooses RAD’s interface converter to provide next-generation digital cable services

South Korean carrier KT International orders Surpass hiS signaling technology from Siemens Information and Communications Networks

Nortel Networks has appointed Douglas Beatty, the company's controller since 1999, as chief financial officer

Spark Interactive successfully deploys interactive TV services to apartment complexes using underutilitized telco fiber

Kailight Photonics names Neil Salisbury vice president of marketing and business development to advance global presence

ECI Telecom and Hughes Software Systems achieve interoperability between the ECI-NGTS I-Gate 4000 Media Gateway and HSS' softswitch

LayerOne transport exchanges add connections and enhance local network access for Williams Communications

Ottawa International Airport using free space optics from Plaintree Systems to provide live links for PCL Construction during renovations

Herr Doktor Helmut Sihler, former chairman of Deutsche Telekom's Supervisory Board, succeeds Ron Sommer as DT's interim CEO

Datang Telecom Technology, Santera Systems sign multimillion dollar strategic agreement to bring next-gen Class 4 and 5 switching to China

Exar reports 16% sequential revenue growth for Q1 2003; $17.9M in revenues leaves an operating loss of $0.4M, a significant improvement

Qualcomm grants Alcatel a worldwide license to develop, manufacture, and sell its 3G WCDMA (UMTS) and TD-SCDMA infrastructure equipment

StockerYale will begin shipping its EDF-980-T1 and EDF-RC-980-T1 erbium-doped fibers this month

Check Point announces worldwide agreement with HP to integrate products into end-to-end VPN/security solutions

Lawsuit charges that Akamai products violate new Cable & Wireless content delivery network patent

Ethernet in the First Mile Alliance announces that IEEE 802.3ah EFM task force has adopted baseline technical proposals for EFM standard

Small-form factor, 300-pin transponder can be used as a transmission link of up to 40 km for short- and intermediate-reach applications

Semrock's erbium-doped fibers raise the bar in performance and manufacturability for C-Band and L-Band optical amplifiers

OMM and Lightwave Microsystems to develop wavelength management and switching modules based on MEMS and planar lightwave circuits

First-to-market innovator inks agreement with Daiichi Jitsugyo to distribute family of fully automated fiber optic assembly solutions

Lattice Semiconductor will acquire Cerdelinx Technologies in a stock-for-stock transaction worth about $23M; should close within one month

Fortinet wins $9M funding in second round, led by Defta Partners; names Tricia Chu VP of finance, Richard Kagan VP of marketing

SPI announces a breakthrough in component costs for L-Band amplification, enabling next-generation network applications

Alcatel Optronics launches a new family of remote-controlled DWDM optical amplifiers to ease network management

Chelys bought the UK businesses of Energis plc from the administrator appointed by the High Court; will infuse £150m cash into the business

New managed service from Band-X takes headache out of multihoming, increases network resilience and performance

NetScreen and Sygate team up to deliver advanced security client solution for enterprise mobile workers

Cortex Networks chooses Ixia’s Gigabit Ethernet technology to test the 10-Gigabit optical Ethernet broadband network of Telecom Ottawa

Wanadoo had consolidated revenues of €918M for the first half of 2002, up 33% over the first half of 2001

Northern Sky Research expects the broadband satellite market to stay afloat, but sees significant challenges in wake of telecom crash

360networks continues to defer issuing financial results as it develops a reorganization plan

Update: shares delisted from Nasdaq; plans to lay off about 60; spots improperly booked revenues of £2.7M in 2001 and £0.9M in 1Q02

AT&T plans to offer residential local phone service in New Jersey later this summer; Pennsylvania could be next

Ericsson names Gowton Achaibar to head North American Services operations, Toby Seay to lead AT&T Wireless customer account team

Bookham Technology's 4-channel Electronic Variable Optical Attenuator (EVOA) has completed and passed the Telcordia qualification test

IBM announces next-gen Surface Laminar Circuit 'flip chip' packaging technology; Amkor and IBM to coordinate flip chip offerings

OnFiber reports strong growth in first half 2002; monthly recurring revenue increases nearly 400 percent

Optical Solutions, VideoTele.com, and Myrio launch one-stop solution for switched digital video delivery over fiber

Ex-Cisco exec Michael Jeye named prez & CEO; Thom Baker made VP of marketing; Westwave founder Dave Ehreth becomes chairman & CTO

OpsiTech expands measurement and test capability, enabling its products to be tested for compliance with the Telcordia standard

Terabeam adds millimeter wave radio to its broadband wireless stable, broadening its product portfolio beyond free space optics

LanOptics signs agreement with Apax Partners to increase its equity interest in EZchip Technologies from 57% to approximately 66%

Qwest Communications has received multiple bids on QwestDex, its directory publishing business

MPLS Forum announces further MPLS implementation gains; Technical Committee accepts four key documents for final ballot

HyperTransport Technology Consortium announces 11 new members; Cavium Networks, NVIDIA, SiPackets and Xilinx unveil HT products

Equant ensures Eurotaxglass network continuity during KPNQwest's financial turbulence

SP Telecommunications utilizes Foundry Networks' switches to provide broadband services in Singapore through PowerLine Communications

Alcatel unifies and simplifies management using PolicyView with 'One-Touch QoS' and WebView Web-based manager for its Omni family

Cable & Wireless launches secure network-based IP-VPN QoS solution, leveraging MPLS to provide robust classes of service and scalability

Infineon introduces QuadFALC V2, a 4-line T1/E1/J1 framer and LIU component with small footprint and low power consumption

Yankee Group reports that IP service creation, advances in MPLS, and the continued growth of Internet traffic drive demand for edge routers

Alcatel Optronics Netherlands is relaunched as C2V, independently owned and financially backed by Greenfield Capital Partners

3i acquires Marconi's Applied Technologies division, producer of RF microwave and imaging components and subsystems, for £57M

In order to cut about 6,000 jobs, Telus will close some customer contact centers and most retail stores in Alberta and British Columbia

Sprint announces cuts in the Global Markets Group, including decommissioning of select DSL markets and laying off 1,100 employees

UK ISP Pipex will use Redback’s SmartEdge 800 Router and SMS 10000 for consumer/SOHO DSL rollout

Interoute acquires the principle assets of the Ebone network from KPNQwest subsidiaries in receivership

Rambus licenses its RaSer serial link technology to Intel for Ethernet applications

Multiyear contract with SBC Communications for Fiber-to-the-User solution begins broadband passive optical network in San Francisco

NetCologne creates national multiservice cable network and IP backbone with Cisco technology to deliver Cable TV, VOIP, IP access

Ciena picks EXi Telecoms as service partner for first-line maintenance support to complement Ciena's own support operations

Cavium Networks introduces the Nitrox Plus family of multiservice security processors

Ciena streamlines its development groups to facilitate product integration and operational efficiency

H3G turns to Alcatel to build DWDM/SDH backbone and multiservice transmission platform in Italy to support UMTS mobile communications

Terahertz Photonics' Truemode Backplane polymer enables high-speed optical interconnections in high-performance switch systems

Coventor unveils its low-loss MEMS switch development platform at the IMS 2002 Conference and Exhibit in Seattle

Funding comes from shareholders, Bank of America, Bank of New York, Boston Ventures, CIT Group, GE Capital, Nautic Partners, and others

WorldCom decides not to pay the July 15 dividend of $0.60 per share on MCI Group common stock

The foundation 'Customer Support KPNQwest,' co-founded by KPN, supported KPNQwest's network for six weeks but will stop tonight

NP Photonics acquires Parvenu Inc., which had previously acquired Solus Micro Technologies' Compliant MEMS (CMEMS) technology

Foundry and passive component producer Ionas unites with EDWA developer Cisilias to form NKT Integration AS

Silicon Valley Photonics and UC Berkeley will hold a two-day course introducing the fundamentals of optical fiber and fiber optic devices

Hilton Nicholson, recently VP and GM of Lucent's Core Switching and Routing Division, becomes president of ADC's IP Cable Business Unit

SiPackets has been elected to the HyperTransport Consortium as a Promoter Member, gaining a seat on the board of directors

Xanoptix announces Tyco Electronics as licensee for high fiber count MT ferrule, for use in its fiber optic cable assemblies

Posts net revenue of $117.0M, slightly higher than analysts' expectations, for a pro forma net income of $421,000 ($0.00 per share)

Terabeam Corp. plans to reduce staff in all areas of the company by about 20% over the next three months

From Sugar Land, TX, (just down the Gumdrop Path from Big Rock Candy Mountain, UT) Applied Optoelectronics unveils three new lasers

CyOptics to provide Indium Phosphide foundry services to Zia Laser; Zia to sell 1310nm lasers to CyOptics for 10-GigE applications

Continuum Photonics raises over $14 Million in second round of financing, led by Flagship Ventures and Prism Venture Partners

Teem’s Metro EDWA optical amplifier series meets Telcordia standards

Alcatel Optronics completes the sale of its non-telecom MEMS and Planar design software activities to new entity, called C2V

Its 4-channel EVOA has passed the Telcordia GR1221 program and has been approved for use by a major network system manufacturer

Korea Telecom will deploy Juniper Networks M20 Internet Routers throughout its national high-speed backbone network

To acquire Pangea's fiber network and telecom equipment from Nortel in the Swedish ring connecting Stockholm, Oslo, and Copenhagen

ETSI hosts the third IPv6 interoperability testing event in the South of France from September 23-27

Net revenue was $40.1 million; GAAP net loss was $0.40 per share, compared to a loss of $0.23 in fiscal Q1 2002 and $3.26 in Q2 2001

U.S. Patent No. 6,239,902 relating to Raman amplification has been jointly awarded to Xtera Communications and the University of Michigan

Sweden's largest cable operator, com hem, selects Scientific-Atlanta's Prisma G10 CMTS, designed and developed by Juniper

Ericsson will deliver IP core backbone routers based on the new Juniper Networks T640 Internet Routing Node for Telia expansion

European service provider router/switch expenditures grow from $1.5B to $4.5B by 2006; optical grows from $3.1B to $6.3B, says Infonetics report

Kagoor Networks announces VOIP demarcation solution, aiming to bridge the enterprise-to-carrier networking gap

Optimer Photonics closes series A round with funding from Mitsubishi Corp., Primaxis Technology Ventures, and Battelle

Brazil's CTBC Telecom selects ECI Telecom's Lightscape Networks' XDM for DWDM network backbone connecting major Brazilian cities

The merger is proceeding on schedule, as both Comcast and AT&T shareholders approve restructuring proposals

Michael Demeo, formerly regional sales manager at Agere, becomes TeraConnect's vice president of sales

Uh oh. Troubled WorldCom controls the most Internet bandwidth, connections, and revenue, says TeleGeography report

Former Nortel VP Dr. Parviz Tayebati joins board of directors of free space optics company Maxima

US Attorney's office in Denver notifies Qwest of criminal investigation, but does not disclose the subject matter

CompTel president applauds FCC's petition for rehearing of DC Circuit court decision

Canadian Network for the Advancement of Research, Industry and Education selects Juniper M-series routers for CA*net 4 backbone

RAD's multiservice access platform selected by Brazilian energy company for 1,600km-long SDH network

Nortel fears that getting cut from the S&P 500 and S&P 100 indices may have a short-term impact on its investors

Fibertech Networks completes 128-mile Hartford, Conn., fiber optic network, with 20 on-net buildings and more than 172,300 business lines

Taiwan’s Chunghwa Telecom selects Redback’s SmartEdge 800 router to enable scalable and reliable VPN services

Based on a number of commitments agreed by the Swedish and Finnish telecom giants, the European Commission approves their merger

ADC expects sales in the range of $235M to $245M, plans to lower breakeven point via plant closings, layoffs, and increased outsourcing

Comcast completes fiber optic cable upgrade in New Jersey's southern Ocean County

Sonera buys Nokia D500 multiservice access platform and technical support for next-gen broadband access rollout in Finland

Telcordia appoints Matthew J. Desch as CEO; former chief Richard C. Smith, Jr. named vice chairman of the board of directors

Richard Hill and Peter Rilett of KPMG in Bristol have been appointed joint administrators of Optical Micro Devices

PMC-Sierra ships second-gen CMOS physical layer devices for Gigabit Ethernet transceivers and multigigabit serial backplanes

GT Group Telecom granted extension to bankruptcy court protection in the US

Proximion Fiber Optics expands worldwide sales efforts with appointment of former Ericsson and Honeywell exec John Buie as sales VP

Covad files brief to support FCC's request for further review of line sharing decision

Telecommunications Services of Trinidad and Tobago selects TTI Telecom's service assurance solution for multi-technology network

The addition of New Jersey boosts Verizon's total long-distance coverage to 44 states

Zhone Technologies continues expansion with acquisition of Vpacket Communications, a developer of packet voice/data solutions

Yipes Enterprise Services partners with E-xpedient Networks to expand scalable Ethernet services to South Florida, Boston, and Pittsburgh

StockerYale brings Maryland specialty optical fiber facility online to produce high-performance select cut-off single-mode fiber

Occam Networks brings in former Nishan CFO Howard M. Bailey

Alcatel's long term debt credit rating downgraded by Moody's

Tellabs, Turin, and Telcordia to jointly fund the development of Sonet virtual concatenation feature within the Telcordia OSS

Yipes Enterprise Services, with all the assets of Yipes Communications, closes $40.8M funding round led by Norwest Venture Partners

BT selects Lucent as services and support partner in five-year contract, potentially worth as much as $50M

WorldCom gives the SEC a revision to its description of the facts and circumstances relating to its accounting scandal

Ciena LightWorks architecture selected by Telefonos de Mexico as intelligent optical networking solution for next-generation network

Juniper sells ERX edge routers to China Telecom, M-series core routers to European Web hosting company 1&1 Internet

Global Crossing exceeds 2002 operating plan targets, as IP data traffic grows and global network performance peaks

Pioneer Consulting's latest study finds GMPLS decreases opex and capex and increases revenue for network operators

West Bay Semiconductor expands US sales network, signing sales agreement with Texas-based Quad State Sales and Marketing

Oluma's Optical Signal Sensor passes Telcordia tests, providing near-zero insertion loss and compact footprint

Research by Tarifica highlights the fact that telecoms have consistently failed to manage margins satisfactorily

EU regulation is a bottleneck for broadband investment, warns Telekom Austria CEO Heinz Sundt; Dr. Leo concurs

$21M second round, led by CenterPoint Ventures and Rho Ventures, launches Ample Communications

Cable & Wireless completes U.S. coast-to-coast deployment of OC192 running MPLS

Telia International Carrier expands its Viking Network by acquiring the French and Italian assets of KPNQwest

C-COR.net agrees to purchase Philips Broadband Networks for a cash payment of about €80M, plus the assumption of certain liabilities

Level 3 to sell $500M worth of junior convertible subordinated notes to Longleaf Partners Funds, Berkshire Hathaway, and Legg Mason

TriCN’s SPI-4.2 I/O interface technology acts as a fully digital SerDes, supporting NPFSI, SFI, and SPI standards

ClearPath Networks names Damian Chmelar as VP of sales

NeoPhotonics appoints Jane Li, former marketing and sales director at Corning, as VP of sales and business development

From the folks who created communications networks based on fruit flies, comes network security inspired by the mammalian immune system

IDT's enhanced integrated communications processors target wireless access points and Gigabit Ethernet switching markets

Mysticom and Optillion demonstrate reliable and complete 10-Gbit/s Ethernet communications link

ECI Telecom names Giora Bitan, former Giza Venture Capital GP, as executive VP and CFO

In-Stat/MDR sees home networking evolving beyond the early adopter to an 'early majority'

PacketLight Networks names Robert L. Barron, the CEO, president and chairman of the board of LightCross, to its board of directors

RAD to supply SDH access solution connecting central and local stations for Korean government railway

First in Mindspeed's family of communications convergence processors to bridge wireless and wireline networks for voice transport

With the name change, the specialty optical fiber company also moves into new, larger facility

Introduces an integrated CWDM module based on volume Bragg grating technology from PD-LD

Oren G. Shaffer has joined Qwest as vice chairman and CFO; company reorganized into consumer, business, and wholesale divisions

TranSwitch expects second quarter net revenues of approximately $4.5M

HP and Marconi team to broaden offerings for enhanced IT solutions in Latin America

Trial successfully connects Nortel's VOIP gear with Chunghwa Telecom's public switched telephone networks and mobile networks

Scientific-Atlanta reorgs operations in Juarez, Mexico, eliminating the 30% of the factory's employees who work the third shift

BRC report reveals huge discrepancies in prices charged for international IP VPN and frame relay

COLT Telecom Deutschland chooses Cisco 12000 Series routers for nationwide backbone upgrade

Xebeo extends its dominance in the funny-name market with the appointment of Dr. Lampros Kalampoukas as CTO

Qwest Communications responds to Wall Street Journal's report of Justice Department investigation

Net Insight and Transmode collaborate to optimize fiber utilization in existing metro infrastructure via joint-marketed solution

Introduces the smallest in-line fiber optic polarizer in the world, ever!

EuroFiber will supply fiber-optic networks to SURFnet, the Dutch network for higher education and research

TeraHertz Operational Reachback (THOR) program has been set up to find new ways to handle the DOD's growing data needs

Complete interoperability testing between ZettaCom's ZSF Terabit Switch Fabric and Xilinx Virtex FPGAs

Believes it can emerge from Chapter 11 and related proceedings by September 2002 with its global network intact

Upgrades its gear to enable carriers to offer Ethernet VPNs over Sonet/SDH infrastructure

Will upgrade 1,000 existing switches, paving the way for new access platforms, softswitches, media gateways

Lumenon Innovative Lightwave begins beta testing ATS Automation Tooling Systems' Flexsys 2000 automated Planar Lightwave Tester

Lucent supplies NavisRadius authentication server and supporting services to Eircom for business IP services network upgrade

Telcordia's Call Agent to be the first softswitch in Indonesia, as Syspol works to integrate it into PT Telkom's VOIP project

Centillium Communications to use MIPS Technologies' 4K family of 32-bit processor cores

IP clustering technology adds active session fail-over and dynamic load balancing features to Nokia's IP security platforms

IDT Corp. makes offer to acquire WorldCom's MFS and Brooks Fiber units and MCI long distance units for around $5B total

Axsys Technologies introduces and ships first double-ended laser weld attachment system

Alcatel points to its €4B cash on hand against a net debt of €2B, as S&P and Moody's put the firm under negative credit watch

360networks continues to defer issuing financial results as it develops a reorganization plan

Fiberlogix introduces a High Gain fiber for Raman amplifier applications

Bookham Technology to close manufacturing facilities in Maryland, U.S. and Swindon, U.K., concentrating production in Milton and Caswell, U.K.

Sysmelec intros a new version of its high-precision assembly robot Autoplace 411, which complies with cleanroom class 10 requirements

Xebeo appoints Leonard Rusty Renkel as vice president of manufacturing, Kevin P. Jones as VP of sales and marketing

Mitsubishi Electric and Optillion exceed 10-Gigabit Ethernet standards and interoperability test with their Xenpak transceivers

Digital Lightwave announces handheld and ultra-compact optical testing product series

Baldwin Telecom of western Wisconsin implements FTTH technology from Optical Solutions

Xebeo Communications enters multi-year manufacturing deal with Plexus Corp. for delivery of its MetroBridge optical networking product line

First half of 2002 sees €3.6B in venture capital investment in Europe, reversing a trend of quarter-by-quarter decline

Brazil Telecom signs two-year deal with Alcatel for the enlargement and evolution of its intelligent network platform

Sprint introduces Sprint Tenant Services, a post-collocation services solution via a nationwide agreement with SiteMaster

IP Infusion enhances its ZebOS Advanced Routing Suite with intermediate-system-to-intermediate-system (IS-IS) support

Bivio Networks teams with Xilinx to deliver gigabit-speed carrier-class IP service platform

Lucent Technologies unveils next-generation IP service router for deployment of managed IP services to enterprise customers

American Fiber Systems' Cleveland, Ohio dark-fiber network is now operational

Spirent PLC expects to report a modest improvement in revenues in the first half of 2002 compared with the second half of 2001

Interoute selects Cisco 12400 Series and Catalyst 6500 switches for high-speed MPLS-based pan-European IP network

It's official: Juniper Networks completes acquisition of Siemens' Unisphere Networks subsidiary

Oki Optical Components brings new electro-absorption modulated laser module (EML) to 40-Gbit/s applications

Alcatel's Lambda Gate, a highly scalable multiservice crossconnect, under deployment by Deutsche Telekom

Verizon intros voice transmission over packet switching provided by Nortel Networks, positioning network to provide advanced services

Has developed a fiber optic system design that provides Internet and broadcast video services over an Ethernet fiber network

Expects revenues for Q2 ended June 30 to be between $3.0 and $3.1 million, lower than the previous guidance of $4.0 to 4.5 million

US Bankruptcy Court for the Southern District of NY has extended to July 15 the company's period to submit a reorganization plan

Colombia’s Promitel has deployed a fiber optic last-mile solution from RAD Data Communications in its newly inaugurated MANs

Urges FCC to create positive regulatory environment to spur investment and consumer demand for broadband services

NGK Insulators forms a US company, NGK Electronics USA, to handle sales and marketing of optical parallel interconnects and fiber arrays

Surprise! Johnson & Perkinson files class action lawsuit on behalf of purchasers of WorldCom stock

In three separate actions, AT&T takes steps toward new bank facility, renews A/R securitization facility, registers $7B in notes

Customers of Cable & Wireless' Exodus service will not be affected by latest Akamai legal manuever

Public utility holding company signs service agreement with Corning for energy management services in the U.S.

Agere Systems introduces integrated 10-Gbit/s clocked modulator driver chip for high-performance metro and long-haul optical networks

AT&T sells its New Jersey headquarters facility to Pharmacia for $200M, plans to consolidate offices in other existing locations

Verizon Wireless names Marla Goodwyn director of sales for southern California

India-based iSoftel Telecommunications to acquire performance management solutions provider Amoeba Telecom Ltd.

CMOS Micro Device's 400MHz Ternary CAM core now available for licensing

Company postpones earnings report from July 29 to August 6, to give it time to replace Arthur Anderson as its auditor

AFC Chairman, President, and CEO John Schofield to give keynote address to the International Engineering Consortium's Executive Institute

As requested, WorldCom gives the SEC a 'detailed explanation' of its financial malfeasance; WCOME to be delisted from Nasdaq

Tellium sees a pro forma loss per share of $0.38 to $0.42 on estimated revenues of $3.0M

Savvis secures $20M equity funding from Constellation Ventures, bringing investment total to $178M

Sanmina-SCI concludes acquisition of three of Alcatel's European manufacturing facilities with takeover of factory in Toledo, Spain

BellSouth will repurchase up to $2B of its outstanding common stock over the next 18 months

Verizon begins offering long-distance service in Maine, introduces one bill for both Verizon and Verizon Wireless nationwide

Denmark and Germany are leading Europe in terms of households connecting to the Internet via broadband