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CommScope pulls trigger on TE Connectivity Broadband Network Solutions buy

January 28, 2015

Confirming a report in the Wall Street Journal, TE Connectivity Ltd. (NYSE: TEL) says it has reached an agreement to sell its Broadband Network Solutions (BNS) business unit to CommScope (NASDAQ: COMM) for $3.0 billion. The unit comprises TE's telecommunications, enterprise networks, and wireless operations.

CommScope to buy TE Connectivity's Network Solutions unit: WSJ

January 27, 2015

The Wall Street Journal reported late January 26 that CommScope is on the verge of buying the Network Solutions business unit of TE Connectivity for approximately $3 billion. Neither company has confirmed the story, although TE Connectivity is scheduled to report results of its fiscal first quarter tomorrow, January 28.

Data center interconnect sales growth driver for fiber-optic network gear says Ovum

January 26, 2015

Market research and analysis firm Ovum predicted last week that demand for optical network (ON) hardware will increase 3% each year through 2019. The slow but steady growth will see the optical transport market worth $17 billion in 2019, Ovum expects.

Infinera ends 2014 on the upswing; expects the same in 2015

January 26, 2015

Optical transport systems vendor Infinera Corp. (NASDAQ: INFN) ended the best year in its history with sequential and year-ago revenue gains for its fiscal fourth quarter. Company management predicted continued success in 2015.

Packet-optical transport systems demand robust through 2019 says Dell'Oro

January 22, 2015

Dell'Oro Group says in a newly released forecast report on optical transport gear that the demand for packet-optical transport systems (or, as they call them, optical transport-packet systems) will lead the space to be worth $10 billion by 2019. That's an average annual growth rate of 14%.

Non-operational items lead Verizon to GAAP 4Q14 loss

January 22, 2015

The impact of "non-operational items" led Verizon Communications Inc. (NYSE, NASDAQ: VZ) to report a GAAP loss of $0.54 per share for the final quarter of fiscal 2014. For the full year, the service provider reported a GAAP earnings per share of $2.42. Both figures reflected declines from 2013. However, on a non-GAAP basis, Verizon's performance looked significantly better.

Orange to fund startups via Digital Ventures investment program

January 22, 2015

French telecom giant Orange says it will launch an early stage investment program aimed at supporting startups in the telecommunications and digital sectors. The new Orange Digital Ventures aims to identify and fund startups during their initial development as well as provide the strategic relationships needed for them to become successful.

LightPath Technologies closes $1.3M private placement with Pudong Science & Technology

January 22, 2015

LightPath Technologies, Inc. (NASDAQ: LPTH), which supplies optical components and subsystems, says it has closed a private placement of stock with Pudong Science & Technology (Cayman) Co., Ltd. The deal is worth in excess of $1.3 million.

25 Gigabit Ethernet, 50 Gigabit Ethernet to reshape data center switching market says Infonetics

January 20, 2015

The IEEE has just started work on 25 Gigabit Ethernet specifications and won't take up 50 Gigabit Ethernet until its 25GbE work is done. Nevertheless, Infonetics Research says the two technologies will be game changers.

Netrality Properties to offer meet me rooms with no monthly cross-connect charges

January 16, 2015

Real estate development firm Amerimar Enterprises, Inc. and Allied Fiber CEO and founder Hunter Newby have combined to launch Netrality Properties. The new venture will leverage carrier hotels that Amerimar has acquired over the last several years in North America to offer fiber connectivity, a carrier-neutral meet me room (MMR) coupled with colocation space, and no recurring monthly costs for cross connections between networks present in the MMR.

Zayo to buy colo provider Latisys, expand western dark fiber network

January 16, 2015

Zayo Group Holdings, Inc. (NYSE:ZAYO) has announced a pair of expansion initiatives. The company has agreed to acquire through its Zayo Group business the operating units of Latisys Holdings, LLC, a provider of colocation and infrastructure as a service (Iaas) offerings, for $675 million. The company also revealed plans to extend its long-haul dark fiber network between Salt Lake City and Sacramento.

AFL adds to patent portfolio

January 15, 2015

AFL says it recently has been awarded four new patents. They cover technologies related to the company’s Optical Connectivity and Apparatus (OCA) line, fiber-optic cable and test and inspection products.

Integra adds Electric Lightwave, Integra Business fiber network units

January 13, 2015

Fiber-optic network services provider Integra has announced the creation of a pair of new business units, Integra Business and Electric Lightwave. Electric Lightwave will focus on Integra's largest enterprise customers as well as government and education organizations and wholesale carrier. Integra Business will serve the company's mid-market customers.

Huawei foresees 20% revenue increase for 2014

January 13, 2015

In addition the company expects to see CNY33.9 billion to CNY34.3 billion ($5.47 billion to $5.54 billion) in profit from its main businesses, Huawei's Executive Director of the Board and Chief Financial Officer Meng Wanzhou reported.

BTI Systems: We owned 2014

January 12, 2015

Optical transport systems provider BTI Systems says it set a revenue record in 2014. The privately held firm did not reveal actual revenue figures, but suggested its focus on meeting metro cloud and data center interconnect requirements should continue to pay dividends in 2015.

Datacom up, telecom sluggish in 2014 says Infonetics

January 12, 2015

A pickup in datacom spending in 2014 partially offset continuing softness in telecom revenues in 2014, according to an upcoming report from Infonetics Research. The datacom market should continue to be healthy in 2015 says the market research firm, now part of IHS Inc. (NYSE: IHS), in the latest edition of its semi-annual "Global Telecom and Datacom Market Trends and Drivers" report.

ADVA Optical Networking names Nikos Theodosopoulos chairman of Supervisory Board

January 12, 2015

Optical transport systems vendor ADVA Optical Networking (FSE: ADV) has made Nikos Theodosopoulos chairman of its three-person Supervisory Board. He replaces the late Anthony Maher, who died last November.

Cyan bumps up fourth quarter revenue estimate

January 12, 2015

Cyan (NYSE:CYNI) expects to get 2015 off to a good start by announcing better than expected revenues when it reports the results of its fiscal fourth quarter on February 18. The provider of packet-optical transport systems and software-defined networking (SDN) platforms says it will exceed the top end of its revenue guidance by at least $4 million.

Fiber Optic Center names Kathleen Skelton director of strategic marketing

January 8, 2015

Fiber-optic components, equipment, and supplies distributor Fiber Optic Center, Inc. (FOC) has hired Kathleen Skelton as its director of strategic marketing. Skelton comes to FOC from Lightwave, where she was advertising and sponsorships manager.

EMCORE's tunable laser and transceiver lines move to NeoPhotonics as acquisition closes

January 7, 2015

EMCORE Corp. (NASDAQ:EMKR) and NeoPhotonics Corp. (NASDAQ:NPTN) announced the close of a deal that sees the former's tunable laser and transceiver product lines move to NeoPhotonics (see "NeoPhotonics to buy EMCORE's tunable laser and optical transceiver lines"). EMCORE received $17.5 million for the assets, with $1.5 million of the total in cash and the rest via a promissory note from NeoPhotonics.

Telstra to acquire Pacnet

January 5, 2015

Telstra announced December 23 that it has agreed to buy Asian service provider Pacnet Ltd. for US$697 million. The deal is subject to regulatory and Pacnet financier approvals but is expected to close by the middle of this year.

Broadband service providers battle customer expectations, regulatory uncertainty, says ACG

January 5, 2015

In its report on the video infrastructure market's third quarter of 2014, ACG Research notes that hesitancy because of regulatory uncertainty cancelled the increase in gigabit broadband access network deployments to leave the market flat.

Service provider capex to reach $346 billion in 2014 says Ovum

December 18, 2014

Revenue growth rates for communications service providers (CSPs) remain modest, but CSPs will continue to invest heavily in their networks, according the latest forecast from market research firm Ovum. In spite of the tough financial climate, CSPs have continued to plough an average of nearly 18% of revenues per year into capex.

Increased data center deployments boost active optical cable market says LightCounting

December 16, 2014

While the market for mainstream active optical cables (AOCs) such as 4x10-Gbps QSFP+ AOCs has historically been restricted mainly to high-performance computing (HPC) applications, the use of AOCs in data center networks has begun to increase says LightCounting. The market research firm expects 10GbE SFP+ AOCs will represent 25% of the projected $98 million AOC market in 2014, thanks to growth in data center deployments.

ZTE takes stake in components vendor Enablence

December 16, 2014

Chinese optical systems vendor ZTE Corp. (H: 0763.HK/A: 000063.SZ) has invested CAD$2.7 million ($2.3 million) in Canadian optical components and subsystems supplier Enablence Technologies Inc. (TSX VENTURE: ENA).

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