Company says it's financial performance is on track
Actelis Networks promotes founder and president Tuvia Barlev to CEO spot, as it prepares to launch MetaLIGHT product
Reduces workforce by 'approximately' 37 employees via 'temporary' layoff
Fitch Ratings changes BellSouth's rating outlook to negative
Fortinet's FortiGate products are first ASIC-based gateways to earn antivirus certification from ICSA Labs
BellSouth drops its guidance for 2002 EPS to between $2.06 and $2.13, down 7 cents per share from prior guidance
W. L. Gore & Associates has decided to dump its fiber optic business in order to focus on electrical interconnects
Shipley Company will acquire the technology, equipment, intellectual property, and remaining workforce of Haleos Inc. for $3.1M
At ECOC, Siemens ICN will present its theory on how 160-Gbit/s optical time division multiplexing can become a commercial reality
AT&T Broadband SVP and general counsel responds to lawsuit filed in Florida court, says it should have no impact on Comcast merger
Slovenské Telekomunikácie selects Cramer's provisioning software to automate service delivery and cut costs
Revenues totaled $47.0M, up 12% from last quarter and 38% year-over-year; optical components and subsystems accounted for $39.3M
New report from KMI says optical networking systems market will decline again in 2002, but growth will resume in 2003
S&P rates Japan Telecom's long-term corporate credit rating an A; outlook stable
EXFO introduces a component assembly applications group for optoelectronic component manufacturing
Tarifica sees the Middle East and Africa as emerging markets in which pricing schemes have not yet solidified
Top patent litigators Fish & Richardson sign multiyear, multimillion-dollar deal with Sprint to expand voice and data network nationwide
Seals deal with Dante, the pan-European research community network operator, to provide 2.5-Gbit/s wavelength from London to New York
Board of directors of Nortel Networks declares a dividend on the outstanding Cumulative Redeemable Class A Preferred Shares Series 5
To present a paper at next month’s ECOC 02 describing a novel design for a 40-Gbit/s GaAs optical modulator
Boeing subsidiary shipping 2.5- and 10-Gbit/s InAlAs/InGaAs avalanche photodiodes (APDs)
Nortel Networks/Netas to supply wireless equipment for Aycell Network expansion in Turkish GSM market
HighWave Optical Technologies announces a restructuring plan aimed at achieving a positive EBITDA for the next fiscal year
New switch unit for the Tellabs 8100 managed access system ranges in capacity from 64 kbit/s to 12 Mbit/s
To supply and install state-of-the-art EWSD exchanges with integrated ADSL access for network operator ICE, San José de Costa Rica
Agrees key terms with banks and bondholders for debt for equity swap
ITF’s new generation of depolarizer simplifies Raman amplifier designs and reduces costs
New release adds VLAN tag/untag and other features to SG2000L and SG2000H multi-gigabit security gateways
Cisco Systems and Xiao Tong Networking Technology Co. implement next-generation e-commerce applications in China
Irish components concern has completed its latest multimillion-Euro round of financing, led by ICC Venture Capital
EDF-1480-T6 erbium-doped fiber is designed to optimize the performance of L-band erbium-doped fiber amplifiers
Hatteras Networks announces the closing of an additional $45 million in venture capital funding led by Grotech Capital Group
Belgium's Codenet deploys RAD Data Communications' access devices for end-to-end, clear-channel virtual private networks
Interoute has signed an agreement to provide managed capacity to WaveCrest Communications, a global communication wholesale carrier
Qwest Communications names Thomas F. Gillett senior vice president for corporate development and strategy
Department of Energy's Global Research Network teams with Juniper Networks to deploy simultaneous IPv4 and IPv6 operation
Grocery chain is implementing Nortel Networks Business Communications Manager for voice over IP
Tests using the Ixia IxAccess PPPoE test application have verified that the Redback SMS 10000 platform supports 100,000 active users
Nufern's 1060-HP select cut-off singlemode fiber has passed the GR-20 qualification requirements; company announces new 1550nm fiber
Cable & Wireless has asked a US District Court to stop Akamai Technologies from selling its EdgeSuite products and services
Sanmina-SCI and Siemens terminate pending acquisition by Sanmina-SCI of certain EMS assembly operations from Siemens
Alcatel Optronics' 1926 MAM contains two single-channel erbium-doped fiber amplifiers (EDFAs) in one package
TIME dotCom will resell and distribute Equant's seamless, managed virtual private network services in Malaysia
To lower breakeven point through workforce reductions, facilities closures, and other streamlining activities
Negotiations with banks and bondholders are expected to wipe out debt and leave existing shareholders with very little
MetroPhotonics' new Indium Phosphide fabrication facility to produce monolithically integrated optical components
China Netcom selects Innomedia's MTA 3328 broadband VOIP CPE devices for commercial launch
NEC'S BlueFire IX5003 multiservice IP switch router is geared specifically for small/branch office environments
Verizon and Verizon Wireless offer convergent billing for all services in Delaware
Amkor and PMC-Sierra collaborate on flip-chip packaging solutions
Mitsubishi Electric offers ultra-high-power DFB laser diode for 40-Gbit/s networks; maintains 60mW over wide temperature range
LightConnect establishes sales office to service eastern U.S. and Canada; secures strategic alliances with U.S. regional representatives
Company expands popular Scorpion family with introduction of 9GHz vector network measurement systems
Spirent Communications delivers enhanced TeraRouting Tester to support IPv6 and next-generation router performance analysis
Ziptronix unveils low-cost wafer-scale packaging technology that brings MEMS devices into mainstream processing
Tektronix intros integrated optical reference receiver for testing 40-Gbit/s components and network elements
Sorrento Networks improves density, scalability, and operational savings for flagship GigaMux DWDM system
Check Point Software becomes the first to provide integrated security for Web services' two most commonly used protocols, XML and SOAP
U.S. Patent Office awards Level 3 patent for proprietary softswitch
MetaSwitch's VP3500 Next-Generation Class 5 Switch achieves NEBS Level 3 certification in tests performed by National Technical Systems
Sprint wins data and security services deal with medical imaging archive provider, takes top honors for services in survey of channel partners
Names former Cisco marketing director Steve Woo as VP of marketing and business development; names East and West coast sales directors
Ingate's SIP-capable firewalls and SIParators are now a part of Lucent’s IP Interoperability and Innovation Partner Program
Japanese carrier Chugoku Information System Service selects Juniper Networks' ERX edge router for metro Ethernet services
Asia Global Crossing completes East Asia Crossing, the only pan-Asian system with Layers 1, 2, and 3 available from one owner-provider
Cisco integrates multigigabit network security services into the Catalyst 6500 series to deliver scalable, comprehensive security
ActiVia Networks' Constellation solution to provide content-enabling features for Equant's network services portfolio
Global DSL subscribers total 25.58M, according to deployment figures from Point Topic, presented to the DSL Forum at London summit
Fusion Communications installs XACCT 'Network-to-Business' platform to enable value-based billing for its IP network services
Alcatel Optronics introduces a coolerless 980nm terrestrial pump, capable of up to 150mW, in a low-profile butterfly package
Bookham Technology will demo its complete end-to-end capability for the first time at next month’s ECOC 2002 event in Copenhagen
Integrated Device Technology offers simulation model for Intel's Internet Exchange Architecture Software Development Kit 3.0
Xanoptix and Emerson Network Power sign licensing deal for Xanoptix’s high fiber count MT ferrule in Emerson’s fiber optic cable assemblies
Maxima Corp., a developer of optical wireless transmission systems, names Sam Smookler as chairman and CEO
Standard & Poor's lowers Ciena's corporate credit rating from B+ to B, due to a 'dramatic decline in sales'; outlook negative
Tennessee Regulatory Authority approves BellSouth for entry into long distance market; request to FCC for final approval to follow
Atlas Venture appoints former Nortel senior exec Anil Khatod a venture principal
Dr. Ping Xie, former VP of passive device engineering at Finisar, becomes VP of product engineering at NeoPhotonics
Alcatel to provide Internet dial access and VOIP network solution to Turk Telekom
AT&T sorts through the ILECs and CLECs with a new Buyer's Guide, helping businesses choose the right local telecom services provider
Frank Farese, former chairman and CEO of Sandial Systems, named head of Lucent Technologies' Global Business Partners Group
Ingrian Networks' active application security solution selected by Fireclick to monitor its customers' SSL transactions
Inkra Networks takes aim at profitability with $30.1M in new funding, from a round led by Morgenthaler Ventures
Nokia safeguards Arizona State University's network with purpose-built platform integrating Check Point software
Qwest appoints ex-EDS exec Patricia A. Engels as executive VP of global wholesale markets
NetScreen certifies RouteScience's PathControl, welcomes RouteScience to its Global Alliance Program
Sprint expands global IP network to Chile and Venezuela; signs $2.5M deal with Truman Medical Centers to link 11 sites in Kansas City area
City Signal Communications' dark fiber network in Philadelphia picked by Cogent to deliver bandwidth services
Corning announces underwriters have exercised option to purchase additional $75M in Mandatory Convertible Preferred Stock
SBC's Application Performance Management technology gives enterprises complete control of QoS for all traffic crossing the customer's WAN
PMC-Sierra announces inverse multiplexing solution interoperability with leading multiservice equipment
Juniper Networks announces its new global sales team, under the leadership of Jeffrey Lindholm (VP of worldwide sales)
Harmonic announces integration of Gigabit Ethernet video-on-demand transport solutions separately with Concurrent and nCube
AMCC announces the expansion of its Sonet/SDH product portfolio to include PDH channelization; president and COO Doug Spreng resigns
Takes one-fourth the footprint and consumes one-fourth the power of competing four-port 10-Gig chips, says Ample
Xilinx announces ISE v5.1i software for programmable logic and system design, as well as improved ISE ChipScope Pro 5.1i tools
Association for Local Telecommunications Services says the agreement conflicts with the views and interests of most CLECs
CompTel says the alliance between BellSouth and Time Warner Telecom is 'tantamount to a private price-fixing agreement'
Multiplex's MTP-SR0, the latest addition to the MTP family of 10-Gbit/s transponders, is designed for applications of up to 2km
Companies seal a wide-ranging agreement to attempt to influence the FCC in its review of Unbundled Network Element (UNE) rules
ServGate Technologies appoints Bruce Hendrix president and CEO; Lou Pambianco becomes COO
Fortinet positions itself in the Japanese network protection market via distribution deals with CTCSP, Forval Creative, and Data Control
Cypress names Sun and Cisco veteran Mark A. Ross as chief technology officer
Blue Coat Systems (formerly CacheFlow) reports flat revenues of $11M and a pro forma net loss of $4.8M ($0.11 per share)
Lumenon will have the option to get as much as $14M by issuing shares of its common stock to a private institutional investment fund
Sales totaled $23.2M, down 39% from the prior year period, leaving Zygo with a net loss of $2.6M versus net earnings of $4.7M in 4Q01
Sales totaled $235M and the GAAP net loss was $629M ($0.79 per diluted share); company plans further cost-cutting measures
Plans to cut about 30% of its worldwide workforce; expects revenues of $10M to $15M and a GAAP net loss of $0.23 to $0.29 per share
Michael G. Oxley, Chairman of the House Financial Services Committee, requests more documents from Global Crossing and Citigroup
Telia IC wins a multimillion euro, three-year contract to supply IP transit to the European university network Dante
$40.3M acquisition will enable NetScreen to enter the high-growth intrusion detection system market
Asia-Pac contributes largest share of 2Q02 optical spending, with 37% of worldwide total; overall spending is down, will continue decline until 2005
UTStarcom dominates softswitch market with 51% of the global port capacity, according to new report from Infonetics Research
ACT Teleconferencing wins three-year, 30-country teleconferencing outsourcing contract with AT&T
SBC plans to introduce 'personalized' DSL access speeds, allowing users to choose service as slow as 384 kbit/s to as fast as 1,500 kbit/s
Agilent's venture unit invests in Big Bear Networks' Series B round of funding
Oluma's in-line, all-fiber polarizers can achieve extinction ratios greater than 40dB with near-zero insertion loss
Internet Photonics now supports leading video-on-demand vendor Concurrent in true 10-Gigabit transport solution for cable operators
Swedish broadband supplier Bredbandsbolaget (B2) uses Cisco technology to deliver first SIP-based residential IP telephony service
NanoVia announces MultiDice laser-based semiconductor wafer dicing technology, utilizing dual- and triple-wavelength technology
Intense Photonics raises an intense £10.5M (US$16M) in an intense Series B funding round, led by Cazenove Private Equity (intensely)
Russian telecom operator LLC TelecomInvest-XXI signs $40M contract with Ericsson for a multiservice network for the Moscow region
BaySpec announces partnerships and volume orders with equipment manufacturers for its high-performance OEM OSA Spectrometer Engines
Revenue was $50.0M, for a GAAP net loss of $160.0M ($0.42 per share); CEO and CFO certify current and previous financial reports
Peregrine Semiconductor raises $14M in the first tranche of Series A1 round, led by Morgenthaler and Wasserstein
Novilit delivers the first commercial protocol stack implementation of 802.17, Resilient Packet Ring, driving adoption of RPR in MANs
Metro fiber glut smaller than oversupply in long-haul transport, according to new report by TeleGeography
Qwest Communications receives positive recommendation from the Department of Justice on second long-distance re-entry application
Newport Corp. announces a layoff of between 225 and 275 employees, consolidation of facilities, and a reorganization of its divisions
Worldwide VPN and firewall product revenue totaled $670M in 2Q02 and should reach $2.9B in calendar 2002, according to Infonetics
Cogent Communications and Looking Glass Networks sign multimillion dollar dark fiber and building materials agreement
Wave7 Optics closes $15.5M third round led by Oak Investment Partners
Kansas-based ILEC Epic Touch to cap its existing Nortel switch and expand with Taqua's next-generation Class 5 switch
Raises additional $4.2M in first round, led by Forrest Binkley Brown and Hamilton Apex Technology Ventures, bringing its total to $7.2M
Revenue increased 15% to €25.8B, but depreciation and amortization relating to newly consolidated companies causes a stunning net loss
KPN writes down €9B in mobile assets, mainly concerning UMTS licenses in Germany and Belgium, resulting in a net loss of €9.3B for Q2
AOL Time Warner, AT&T, and Comcast to restructure Time Warner Entertainment partnership so AT&T Comcast can assume AT&T's stake
Cogent expands college reach with win at Merit Network, a provider of Internet connectivity to all of Michigan's public universities
OpNext unveils 1550nm Xenpak-compliant transceiver module for 10-Gigabit Ethernet transmissions over distances of 40km
ADC signs connectivity agreement with H3G Italy to serve up infrastructure necessary to provide quality 3G services
Equipe to offer Fujitsu's engineering, furnishing, installation, and product maintenance in support of Equipe 3200 carrier deployments
New service counters concerns about network stability by providing a parallel network that can be pushed into action in an emergency
CacheFlow renames itself Blue Coat, with a new focus on Web security; introduces port 80 security appliance to police firewall holes
Fiber Optic Network Solutions is the first to receive Telcordia certification for a fiber optic connector cable assembly
Ingate SIParator passes interoperability testing with BroadSoft’s BroadWorks, allowing SIP-based communications through firewalls
Lucent's optical networking products granted 'RUS Acceptance' status by the Rural Utilities Service branch of the USDA
Telecom and networking buyer behavior trends indicate increased sales during Q3 and Q4, according to Telezoo report
With revenues down to $28.8M from $44.7M year-over-year, Portal plans to cut costs by moving to off-shore development facility in India
Lightscape Networks' XDMT optical platform supports major optical communications projects in China State Power Corporation backbone
Tiscali activates the UK's first commercial carrier VOIP network, using Nortel Networks' Succession softswitches
UTStarcom vaults to second place in the global DSLAM market with 11% of units shipped, according to new report from Synergy Research Group
Opticis ships 2.5-Gbit/s pluggable VCSEL optical transceivers, with a unique design that enables high speed with low jitter
Yankee Group report analyzes cable operator investments in OSS as operators begin to offer their subscribers new digital services
ADC's Singl.eView billing will boost revenue assurance and collection for Ecuadorian carrier Pacifictel
U.S. General Services Administration picks AT&T to host the Federal Government's preeminent Web portal
Q4 revenues plummeted to $8.5M from $50.9M year-over-year, leading to a GAAP net loss of $73.5M ($0.28 per share)
Acme Packet demonstrates interoperability with Sonus Networks' packet voice infrastructure solutions
While it hasn't quite achieved infinite revenues yet, Infinite Photonics does manage to boost revenues 49% year-over-year
Names Ian Dix as chief marketing officer, Tony Russo as EVP of sales, and Christopher Honigman as VP of channel development
Dune Networks raises $24M in first round of funding, co-led by Aurum-SBC Ventures, Jerusalem Venture Partners, and Pitango Venture Capital
Tarari Inc. launched to deliver high-speed content processing acceleration; Intel spinoff obtains $13M from Crosspoint and XMLFund
On its first anniversary, Looking Glass Networks reports having won over $60M in lit services, dark fiber, and collocation contracts
Cauley Geller Bowman & Coates sues BellSouth on behalf of investors; it's those pesky 'phantom customers' again!
Sorrento Networks' GigaMux DWDM platform selected by FiberNet Communications for rural, high-capacity optical system
Naval Research Laboratory awards Firstwave a $29M R&D contract to create light-speed, affordable optical networking solutions
Jörgen Latte appointed acting CFO of Telia, replacing Bo Jacobsson
Nokia IP350 and IP380 network security appliances deliver unmatched performance, protection for small and medium-sized enterprise offices
Private equity firms Carlyle Group and Welsh, Carson, Anderson & Stowe will create new entity to support directory customers
Fiberspace complements product line with Tunable Photonics' TrueLock wavelength lockers and TrueMap laser characterization system
BT Telecommunications selects Zhone's multi-access line concentrator for DSL rollout in Ireland
Quantum Photonics appoints Dennis Bowler to VP of engineering, adds Glenn Wellbrock to strategic advisory board
$17.4M third round funding to accelerate company's technology and product development, as well as marketing and sales efforts
Nortel Networks unveils rural market voice network enhancements to voice, VOIP products to simplify networks, reduce costs
Cisco enters the storage area networking market with agreement to finally acquire Andiamo Systems
Barcelona-based service provider Al-Pi selects Atrica’s optical Ethernet system for next-generation metro network
Shareholders vote to stage "international" flotation of H stock on the Hong Kong stock exchange
Qwest files form 8-K with expanded disclosure regarding 2Q02 results; will submit its Form 10-Q to the SEC as soon as it's good and ready
Agilent Technologies reports Q3 results below expectations, with revenue of $1.39B resulting in a loss of $143M ($0.31 per share)
Service provider Ionex chooses the NetScreen-500 and NetScreen-5XP for VPN connectivity and firewall security
NetLogic Microsystems announces Niall Bartlett, former VP of corporate development at GlobespanVirata, as VP of marketing
Law Firm of Schiffrin & Barroway files shareholder class action suit against BellSouth for creating 'phantom customers'
Lumentis addresses 'How to Cut Costs in Metro Networks' via unamplified DWDM at Opticon 2002
NEC America releases VOIP expansion card for its iSeries family
Etex Communications revitalizes Gilmer's Main Street with fiber optic communications system from Optical Solutions
Ixia unveils its parallel and serial 40-Gbit/s Bit Error Rate Testing solution; joins with Internet2 to donate test equipment to universities
VINA Technologies announces contract with Electric Lightwave for its integrated access devices, simplifying TI service delivery
Azanda Network Devices closes further $7M from new investors Dresdner Kleinwort, Parker Price, and China Development Industrial Bank
Joe Wells, founder of 'WildList' and antivirus authority, joins Fortinet as chief antivirus architect
Vitesse delivers best-performing, lowest-cost multi-rate CMOS transceivers and CDR devices to networking OEMs
Lucent to provide optical systems to Shanghai Telecom, Guangdong Unicom, Zhongshan Telecom, and Zhejiang Telecom
Shanghai Telecom selects Juniper Networks' ERX Edge Routers for second stage of broadband service expansion project
Extreme Networks offers channel partners a simplified and profitable program, triples the size of its channel support organization
Sycamore Networks completes Telcordia Osmine Services process for full portfolio of intelligent optical switches
NextNine names TC Browne as CEO, adds Sanjiv Ahuja to board; founder and CEO Eldad Maniv becomes EVP of software products
OFS announces Laserwave XL extended-reach 10-Gbit/s multimode fiber, supporting distances of up to 600 meters with low-cost 850nm VCSELs
Metro Ethernet Forum advances Ethernet services definition, carrier-class optical Ethernet transport, and management specifications
Branch office routers grew 8% sequentially, driven by need to provide new applications, says the latest Internet report by Synergy Research
Las Americas Broadband and USA Broadband, who are merging, hire veteran cable executive Lewis D. Suders as COO
Sales fell to $6.4M, a 65% decline from 2Q01 and 19% from last quarter, resulting in a net loss of $5.1M ($0.08 per diluted share)
Chartered Semiconductor Manufacturing expands its regional presence with a new office in Shanghai
Sirenza Microdevices to acquire privately held Xemod for about $4.5M in cash, adding high-power RF products to its portfolio
Spirent acquires Caw Networks for initial consideration of $49M (mostly in cash), as well as deferred consideration of up to $60M
Optical Communication Products adds Kirk Bovill, formerly of Tyco, as director of marketing
Scientific-Atlanta to cut about 400 employees, or about 6% of the company's total, reducing expenses by about $40M annually
Over 98% of Avanex stockholders approve the deal, but Oplink's Taiwanese stockholders refuse support, killing the merger
Milberg Weiss announces class action lawsuit against BellSouth, accusing the company of pumping up the value of its securities
Notice to all Salomon Smith Barney, Inc. customers from the Law Firm of Klayman & Toskes, P.A.
Revenues were $61.2M, up 6% from last year's Q2; company adds more than 230 new customers
Plan and disclosure statement to be distributed by Aug. 19 for creditor vote; hearing on reorg plan set for Sept. 25
CEO Ned Lautenbach and CFO John Ratliff swear to the accuracy of Acterna's financial reports and other SEC filings
Florida Digital Network wins $35M from an investment group led by MC Ventures Partners, allowing it to eliminate its bank debt
Gains put Foundry on top in Layer 4-7 Web Traffic Management, Layer 3 10-GigE, and Layer 3 Modular 1-GigE markets, according to Dell'Oro
Lumenon granted 180-day grace period for continued listing on Nasdaq SmallCap market
NTT America completes installation of MPLS network solution for Nanometrics, linking 10 locations in four countries
C-COR sees net sales up 79% from last year's fourth quarter, from $38.8M to $69.2M
NuVox raises money through a combination of equity funding and debt financing; reports 2Q02 revenues up 77%, gross margins raised to 42%
Terayon cuts its global workforce by 25%, or approximately 165 employees, in order to reduce operating expenses
Herschel Technologies teams with telecom industry leaders in OSS (operations support system) through Java Initiative
Ericsson selected by Esat BT, the Irish arm of BT Ignite, to deploy first business DSL Access in Ireland
Edge/aggregation router market even with last quarter at $472M, while Cisco increases market share, according to Infonetics Research
ADC's CEO/CFO intend to fully comply with SEC certification by September 16 deadline
Picosecond Pulse Labs appoints Vance Nahman, founder of consulting firm Nahman Parsons, as VP of sales and marketing
Qwest reports that the US Attorney's Office joins Congress and the SEC in investigating the company's business practices
New BeamScan Engineering division at Photon Inc. to solve problems in optical design and provide customized measurement systems
Level 3 CEO James Crowe and CFO Sureel Choksi promise that the company hasn't lied to the SEC
Verizon seeks to collect $37M in past-due bills from ATX Communications, for access to Verizon's network
Corvis to streamline operations, reduce costs via multi-year manufacturing outsourcing agreement with Celestica
Intec wins multi-million pound, three-year deal with COLT Telecom for its convergent mediation platform, Inter-mediatE
W. L. Gore & Associates and Alvesta cross-license QuadLink 10-Gigabit optical transceivers
FiberNet Telecom Group reports increased EBITDA to $1.3M, thanks to cost reduction measures
Fiber-to-the-Home Council says FTTH installations have risen by more than 200% in the past year
Comms chips provider MathStar raises $15.3M in a second funding round from unnamed investors
Bharti Telesonic deploys a high-capacity SDH backbone based on Nortel's OPTera Metro 4000 Multiservice Platform
Check Point first to secure IPv6, peer-to-peer, instant messaging applications, as well as Microsoft printer and file sharing
Sprint delivers IP-based solutions through expanded DSL footprint (now covering 94 markets across the US) and product set
Hanaro Telecom, Korea's largest DSL provider, chooses Redback's SMS 10000 platform
Santera Systems enters Rural Utilities Service (RUS) field trial at Kerman Telephone, plans to be on the RUS approved vendor list by Q4
Agere focuses on advanced IC solutions, plans to consolidate manufacturing in Orlando and lay off 4,000 of its 11,200 employees
Broadwing chairman/CEO Rick Ellenberger and CFO Tom Schilling affirm the company's financial reports in sworn statement to the SEC
Offers to participate in financial restructuring of Scandinavian Ethernet service provider instead
T, CMC, LDMI, WorldCom, and Z-Tel jointly petition Michigan Public Service Commission to require SBC to provide local switching access
Qwest opens the first-ever rural self-healing fiber ring (not a loony New Age theory, however it may sound)
AT&T chairman and CEO C. Michael Armstrong and CFO Thomas W. Horton affirm the truth of the company's SEC filings
State of Oklahoma chooses Cox Business Services for telecommunications services to all buildings in the Capitol Complex
Court dismisses Ntegrity's antitrust claim against Verizon; Verizon says the decision 'once again proves there is no free lunch'
SBC Ameritech will share $224M, about $50 per access line, with Illinois customers in plan approved by Illinois Commerce Commission
Lucent Technologies CEO Patricia Russo and CFO Frank D'Amelio unconditionally certify the company's financial statements
OSDL launches Data Center Linux Working Group with financial services initiative and delivers Carrier-Grade Linux Architecture spec v1.0
Barclays Global Investors selects NetScreen products to secure network connections around the globe
Plattsburgh businesses to receive New York State's first community-wide fiber optic connections, from Primelink and Optical Solutions
Danske Telecom to deploy Cambridge Broadband's VectaStar 3.5GHz Fixed Wireless Access system
Oluma appoints Jay Wensel, former account manager at JDS Uniphase, as North American sales director
New 90nm process combines advanced transistors, strained silicon, high-speed copper interconnects, and low-k dielectric material
LightPointe Free-Space Optics gear selected by Red Spectrum for UK metropolitan carrier network
3SAE's burst stripping technique lauded in optoelectronics packaging research effort, sponsored by a consortium of industry leaders
Mitsubishi Electric launches world's first SOI-CMOS single-chip 10-Gig Ethernet physical-layer transceiver LSI
Schlumberger selects Cisco 12400 for its secure global connectivity service; Cisco expands Qualified Specialist Program
Qwest names Michael Rubin VP of federal relations, Robert Dunkel executive director of congressional affairs, plans to expand DC operations
Santel Networks tests electronic dispersion compensator prototype, sees significant signal enhancement after PMD impairment
Mysticom expands business operations, moving into Silicon Valley facilities geared for growing communications IC business
Earnings for 1H02 were €15.24M, up 11.4% over 1H01; last year's operating loss of €0.4M gives way to an operating profit of €1.47M
Proficient Networks' intelligent routing technology chosen by United Online to service 5,000 cities
Garuda Networks raises additional $4.7M in Series B, with investments from Ascendas PACT Fund, CDIB Ventures, and others
Level 3 wins two-year contract to provide Internet access services to UK Education and Research Networking Association
Private equity firm Apax Partners announces the merger of its US and European funds
Genesys appoints Laurent Philonenko chief operating officer; chief technology officer to assume larger role in daily operations
Arriso Networks secures $16.7M Series A funding, with contributions from InterWest Partners, CenterPoint Ventures, and Sevin Rosen Funds
RHK presents four reasons why WorldCom should get broken up, sold off, buried, burned, and stomped on
AT&T offers free relay service calling in New Jersey in advance of lowering its calling rates for hearing-impaired relay services
SBC's filing demonstrates compliance with all 14 checklist items
AT&T and Comcast announce filing related to potential exchange offer for AT&T debt in connection with broadband merger
BellSouth CEO Duane Ackerman and CFO Ron Dykes swear the company's financial results are true
Sprint closes on new $1.5B unsecured credit line; removes ratings trigger from Global Markets A/R asset securitization facility
Marvell announces its 'Alaska' family of single, quad and octal-channel Gigabit Ethernet transceivers
Zarlink Semiconductor adds Jules Meunier, president and CEO of Boston-based wireless infrastructure startup ProQuent Systems, to its board
Frankfort Plant Board deploys Metrobility's Radiance optical Ethernet system for high-capacity Internet access
Lightel Technologies introduces the SCC-3100, which uses ultrasonic technology to automatically clean a variety of fiber optic connectors
Cisco makes Netarx an advanced technology partner for IP telephony; Cisco intros investment calculator for IP telephony channel partners
Former Comcast VP Steve Linskey joins Quantum Bridge in a senior technology development role
Corning's SMF-28e, Vascade L1000, and LEAF optical fibers selected by AB Stokab and Foco 16 AB for Stockholm-to-Ventspils link
New L-band erbium-doped fiber optimizes EDFA designs with high erbium peak-absorption levels
Infineon presents Solid, a 'chip-sandwich' 3D chip integration technology that offers a way out of the wiring crisis
One-millionth integrated communications processor shipped less than two years after initial introduction
Spirent's Terametrics test solution selected by Adtran to test the its NetVanta 2000 series VPN/firewall products
Xilinx ships Virtex-II 8-million-gate FPGA with clock speeds of over 400 MHz, making it the industry's largest and fastest programmable IC
Pan-European operator Interoute and Dimension Data sign three-year deal to deliver integrated network solutions to enterprise customers
Savvis Communications to use Inkra's Virtual Service Switches to slash costs and expand intelligent hosting service offerings worldwide
Telefonica Moviles Mexico to expand network capacity through $3.5M deal with Marconi for SDH optical multiplexers and power platforms
Agere Systems and Samsung to develop 400 Mbit/s Network-DRAM devices to relieve network bottlenecks in next-gen networks
Telera to become a VoiceXML (voice extensible markup language) center of competency within Genesys, Alcatel's contact center software biz
Cost-effective CryptoNetX 500 Mbit/s IP security processor supports full-featured AES encryption for firewall and VPN applications
Optical Internetworking Forum passes an implementation agreement outlining the Call Detail Records for UNI 1.0 billing
Multilink to lay off 40% to 45% of its 329 employees, closing some locations; co-chairman and executive VP Dr. Jens Albers resigns
Sonera/Telia merger timetable pushed back because SEC review is taking longer than expected; prospectus due in September
Suit filed against Salomon Smith Barney and Jack Grubman for issuing 'false and deceptive' reports in order to inflate Winstar's stock
CEO Örjan Grinndal and executive VP Marika Philipson decide to leave; Göran E Larsson named acting CEO, Hans Runesten named acting EVP
Revenues were $18.0M, compared to $16.2M for last year's quarter; net loss was $24.6M ($0.25 per share); EBITDA loss was $6.9M
Sonus Networks to get rid of about 85 of its 492 employees, reducing its worldwide workforce by 17%
Covad posts revenue of $97.7M, up 12.2% over last year's quarter but down 3.9% sequentially; net loss improved 28.2%, to $40.8M
Hutchison Telecommunications and Singapore Technologies Telemedia will invest $250M for 61.5% of the reconstituted Global Crossing
Oops again! WorldCom will restate its financials for 2000, after discovering another $3.3B that had been improperly reported
Investment-grade RBOCs' maintain strong business positions and solid balance sheets, says report from Standard & Poor's Ratings Services
SBC asks a bankruptcy court to guarantee payment for any future services rendered to MCI WorldCom
Cable & Wireless takes Akamai and Sockeye Networks to court for infringing on Internet optimal-routing patent
Spectra-Physics intros a new generation of high-performance, tunable laser wavelength lockers for 25GHz systems
Nortel delivers OPTera Metro 5200 to Industrial and Commercial Bank of China, providing DWDM ring for real-time data backup, recovery
Bell Labs' two complementary security programs, Factotum and Secure Store, may lead to more secure, easier to use authentication systems
Completes series A financing, including new investors Venture Coaches, GrowthWorks’ Managed Funds, and BDC Venture Capital
ECI Telecom improves net cash position by $35M; net cash balances rise to $88M; sequential decline in revenues expected in Q3
Intel completes SEC certification, files expanded 10Q, reaffirms its stock option accounting treatment
Anritsu and Fujikura to collaborate on development of Raman Optical Amplifier systems for 10-Gbit/s and 40-Gbit/s long-haul DWDM
The 1310nm optical receiver chipset for 10-Gbit/s intermediate and long-reach applications sells for below $100
Lumics announces a low-profile 980nm pump laser module in a 14-pin butterfly package with thermoelectric cooler for EDFA applications
Qwest Communications achieves positive free cash flow, reduces net loss to $1.14B ($0.68 per share), revises guidance for rest of 2002
Ixia announces Ixia Fabric Tester, a comprehensive Fibre Channel fabric test platform for SANs
Sprint chairman and CEO William T. Esrey and CFO Robert J. Dellinger swear to the accuracy of company's SEC filings
Ernst & Young deploys Cisco's converged IP communications system at new headquarters in New York City's Times Square
ServGate Technologies signs pan-European distribution agreement for Internet Security Gateways with Tech Data/Computer2000 Europe
Cramer Systems and Sheer Networks partner to improve accuracy of network data, automate service activation
New line of hybridized photodetectors offer user-setable gain, deliver maximum flexibility for developers and system builders
Tyco won't go forward with its previously announced proxy statement, which proposed increasing the board from 11 to 15 directors
BellSouth Internet Exchange selects the Cygent customer, order, and service management platform
The member governments of the Organisation for Economic Co-operation and Development launch drive to improve security of online networks
LightConnect expands its portfolio of MEMS-based Variable Optical Attenuators with its FVOA Series 4000
Oki Electric and AudioCodes to form a strategic alliance to deliver VOIP solutions for the Japanese telecom carrier market
Agilent Technologies' CEO and CFO announce plans for full compliance with SEC's order requiring filing of sworn statements
MCI's COO says Verizon's 'Veriations All' service is a pale imitation that lacks true veriety
Cingular and WorldCom ink an agreement to enable WorldCom Wireless customers to make Cingular their new retail wireless service provider
Cisco Systems reports Q4 revenues of $4.8B, EPS of $0.10 GAAP and $0.14 pro forma; expands stock repurchase program
OnFiber Communications acquires Telseon assets worth $85M, extending network to 12 major U.S. metros and adding more than 90 new customers
Tektronix optical switching modules enable equipment manufacturers to reduce test costs, allow users to share resources more easily
Standard & Poor's ratings report card says 52 of 68 issuers have non-investment grade ratings and 34 have negative ratings outlooks
Global Crossing implements Matrix NetSystems Internet performance services; inks 2-year, $1.2M wholesale conferencing contract with ICCI
Equant to provide global communications network to Koninklijke Wessanen, connecting 40 locations via flexible, secure IP VPN
Standard & Poor's downgrades Level 3's credit rating to CCC from CCC+; Level 3's rating is also removed from CreditWatch
AT&T invades SBC Pacific Bell's territory in the Golden State; company 'still waiting' for Pennsylvania to cut Verizon wholesale prices
'Black, white, green, red/Can I take my friend to bed?' Verizon uses a silly Beatles song in ads for its 'Veriations' package of services
Revenues and order backlog increase 21% and 70% respectively over last quarter
New Fastpath 3.0 opens the door to additional application services for enterprise, access, and metro markets
Golden Telecom achieves 16% year-over-year growth in revenue and 124% year-over-year growth in EBITDA in the second quarter
Infonet sees core revenue up 5% vs. 1Q02, but overall revenue down 14% to $147M; KPNQwest and WorldCom bankruptcies force large writeoffs
Communications companies must diversify, not focus, to succeed, says new 'Integrate to Innovate' report from Deloitte Research
AT&T telework survey indicates productivity is up; technology barriers force some teleworkers to return to the office
Siemens Business Services wins IT services outsourcing deal with Guardian Life Insurance, gets 5-year contract extension from MetLife
Teem Photonics acquires the technology of former competitor Northstar Photonics, accelerating its EDWA development program
Riverstone Networks picks Minoru Nakamura, former CEO of DoCoMo AOL, to lead Japan operations
Gartner firewall market report says NetScreen attained largest market share gain, adding 65% share over a one-year period
Alcatel Shanghai Bell selects IDT's telecom products for multiple access and optical transport applications
Telstraclear deploys Juniper Networks ERX and M-series routers, supplied by Ericsson, for nationwide VPN services in New Zealand
The young Switch Fabric is slated to experience a unit shipment CAGR of 141% from 2001 to 2006, according to a new report by In-Stat/MDR
ADVA Optical Networking defies weak market conditions with sequential revenue growth to €22.3M with pro forma operating income of €0.2M
Board of directors of Sprint declares a third quarter dividend of 12.5 cents per share for the Sprint FON Group
Chevin acquires Jyra Research, launches joint venture with WildPackets to deliver network diagnostics, names Simon Copeland CEO
Corning and Foseco Metallurgical sign three-year supply contract for high-efficiency ceramic metal casting filters
When not fighting crime as the Flash, Barry K. Allen will serve Qwest as executive vice president and chief human resources officer
Schott Optovance eases fiber routing issues with the Light Dealer, a mini fiber fan-out assembly that provides 50% space savings
Cisco fellow Fred Baker to chair ISOC's board of trustees; former chair of the IETF seeks to increase education/training efforts
Marvell doubles the density of 10-Gigabit Ethernet ports with the dual 10-GbE XAUI SerDes
NetTest announces QuestFiber network monitoring system to help network operators manage optical layer with ease via DWDM monitoring
BellSouth files suit against Access Integrated Networks to stop AIN from falsely associating BellSouth with its products and services
Progress Telecom expands its product portfolio to include Gigabit Ethernet transport, debuting metro ring connectivity in five cities
Arbor Networks' oversubscribed series B funding round was led by Thomas Weisel Venture Partners; Arbor names Thomas Arthur CEO
Korea Telecom rolls out value-added services for 3.7M broadband ADSL customers with SMS 10000 subscriber management system
Verizon trials broadband fixed wireless technology provided by BeamReach Networks in Northern Virginia, delivering up to 1.5 Mbit/s
Hatteras Networks appoints industry vet Paul Fagan, former sales VP at Actelis Networks, as VP of sales
AXSUN Technologies announces commercial agreement to manufacture ultra-high-performance 10-Gbit/s electro-absorption modulated laser
Marconi sells its Strategic Communications division (Marconi Mobile Holdings SpA) to Finmeccanica for £387M in cash and debt assumed
SBC thinks existing tariffs do not provide adequate protection, asks FCC to take action to safeguard telecom industry from financial turmoil
Tellabs aims to strengthen customer relationships, product development, international business with corporate reorganization
IBM and Check Point announce first in series of integrated VPN/Security appliances on IBM's xSeries server platforms
CEO Cosmo Santullo resigns in order to stay in Mass.; Bill Roach, SVP of partners, alliances, and strategic accounts, named interim CEO
Revenues increased 15.8% over 2Q01, to $2.709B; operating cash flow increased 25.1% from 2Q01; net income was $140.3M ($0.15 per share)
OFS files suit against FiberCore, charging infringement of several patents related to optical fiber technology, including PMD reduction
Company opens office in Beijing, names Yanmin Li as managing director to lead its support and marketing activities in the country
Corio and Qwest sign agreement for Corio to acquire all ASP assets of Qwest CyberSolutions LLC
AT&T has successfully completed its offer to exchange $7B of US dollar-denominated privately placed notes issued in November 2001
Employees can exchange outstanding stock options at $2.14 or more per share for a combo of share awards of common stock and new options
Global Crossing's financial performance during first half of 2002 exceeds goals established in operating plan
APA Optics reports net loss of $1.25M ($0.11 a share) on revenues of $72,451, down from $434,335 in 1Q02; cites continued slump in demand
European end-user spending on security products, services, and PKI grows 175% from 2002 to 2006, from $2.9B to $7.9B, says Infonetics
AT&T addresses concerns about potential telecom network disruptions, says it can accommodate customers if WorldCom network shuts down
Department of Justice supports Verizon's application to offer long distance in Delaware and N.H.; Verizon applies for Virginia, too
Ericsson says BB+ rating by Standard & Poor's will have no effect on its rights offering
Time Warner Telecom sees $184.6M in revenue, $53.1M in EBITDA (its 13th consecutive quarter of positive EBITDA), and a net loss of $30.8M
ZTE Corp., China's largest telecom equipment manufacturer, selects EZchip Technologies' NP-1 to power next-generation metro switch
James Salter, CEO of Atlantic Engineering Group, is elected council president; Mike DiMauro, VP at FiberCore, is council's new VP
AT&T Broadband offers faster cable Internet service called UltraLink; plans to trial slower service later in the year (no, seriously)
Anil Khatod, former Chief Marketing and Strategy Officer of Nortel Networks, joins OmniGuide Communications’ board of directors
Alcatel subsidiary Genesys Telecommunications Laboratories achieved 198 customer wins in the second quarter of 2002
Bookham Technology sells Canada-based R&D sub, Measurement Microsystems A-Z, to a company backed by former management of MM
Optical equipment market projected to continue decline through 2004, according to Dell'Oro Group report
WorldTravel BTI selects Sprint to provide first-class network for new voice and high-speed data services
Travel agency provider Start Amadeus selects Nortel Networks for ATM/IP network solutions, to migrate to IP multiservice platform
Guangdong Telecom awards Alcatel multimillion-dollar contract to expand DSL network capacity
Institutional Shareholder Services recommends Avanex and Oplink stockholders vote for merger at their special meetings on August 15
Memscap to acquire MEMS unit from JDS Uniphase, become exclusive supplier of MEMS-based products to JDSU; Memscap reports 1H results
Focused on cost reduction, ADC will sell or discontinue entire line of passive and active optical components, close fabs, continue layoffs
International Network Services completes acquisition of Lucent Technologies' enterprise professional services business
Santera Systems steals veterans from Alcatel and Lucent to serve as VPs of marketing, global sales, and program management
France Telecom pursues its debt reduction plan by selling Casema Holding to Liberty Media for €750M
Silicon Valley Photonics and UC Berkeley Extension offer a short course on "The ABCs of Fiber Optic Communications: Modules & Networks"
