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Multinationals want more from "big six" telcos, finds Ovum survey

May 5, 2015

When it comes to network performance and customer support, multinational corporations rate the "big six" telcos with dedicated global enterprise services -- AT&T, BT, Orange, T-Systems, Verizon, and Vodafone -- little better than the many upstart regional service providers in emerging telecom markets. So says Ovum Principal Analyst David Molony, citing his firm's recent survey of more than 500 multinationals.

Ciena to buy Cyan, expand SDN play

May 4, 2015

Ciena Corp. (NYSE: CIEN) says it will expand its software-defined networking (SDN) chops by acquiring SDN platform and packet-optical transport systems vendor Cyan Inc. (NYSE: CYNI). Ciena has signed an agreement to pay approximately $400 million in cash and stock for Cyan. The price tag reduces to $335 million net given the estimated cash Cyan will bring with the deal.

Chuck Robbins to succeed John Chambers as Cisco CEO

May 4, 2015

The board of directors of Cisco (NASDAQ: CSCO) has selected current Senior Vice President of Worldwide Operations Chuck Robbins to succeed current CEO John Chambers as of July 26, 2015. Chambers will become executive chairman on the same date.

AFL expands in Australia with AFC Group buy

May 4, 2015

AFL says it will expand its operations in Australia and across the Pacific with the acquisition AFC, a manufacturer, designer and integrator of fiber optic and copper connectivity products based in Melbourne, Australia.

Crown Castle to buy Quanta Fiber Networks/Sunesys

April 30, 2015

Crown Castle International Corp. (NYSE:CCI), which provides infrastructure services to wireless operators, plans to expand its fiber-optic network footprint by acquiring Quanta Fiber Networks, Inc. (Sunesys). Sunesys is a wholly owned subsidiary of Quanta Services, Inc. (NYSE:PWR), who will receive $1.0 billion in cash from Crown Castle should the deal go through.

Lightower Fiber Networks, Fibertech Networks seek merger

April 28, 2015

Fiber-optic network services providers Lightower Fiber Networks and Fibertech Networks have announced their plans to merge. Lightower will buy privately held Fibertech for $1.9 million in cash, with an expected closing date of the third quarter of this year.

All eyes on Charter in wake of Comcast/Time Warner Cable merger failure

April 27, 2015

Charter Communications (NASDAQ: CHTR) is wasting little time in reengaging in acquisition talks with Time Warner Cable (NYSE: TWC) in the wake of the latter's failed acquisition by Comcast Corp. (NASDAQ: CMCSA, CMCSK), according to several media reports. Comcast waved the white flag on the troubled deal this past Friday.

ARRIS to buy Pace, acquire FTTH line

April 23, 2015

Broadband access network technology supplier ARRIS Group, Inc. (NASDAQ: ARRS) has agreed to acquire UK-based Pace plc (LSE: PIC) for $2.1 billion (£1.4 billion) in cash and stock. While Pace is best known for its set-top boxes, the company also has fiber to the home (FTTH) equipment in its portfolio.

Deck stacks against Comcast/Time Warner Cable approval

April 23, 2015

It begins to appear that the adage "all good things come to those who wait" will fail to apply to Comcast and Time Warner Cable, who have been waiting since early last year to receive federal regulatory approval of their proposed merger (see "Time Warner Cable agrees to merge with Comcast"). The Wall Street Journal reported yesterday that staff at the Federal Communications Commission (FCC) have recommended the proposed merger be designated for a judicial hearing, the review equivalent of limbo.

JDSU reveals Viavi, Lumentum executive rosters

April 22, 2015

JDSU (NASDAQ: JDSU) has established microsites for the two companies that will result from its planned split in the third quarter of this year (see "JDSU to split in two"). The sites, among other info, reveal the planned executive structure of the two emerging companies, as well as their respective logos.

Nokia pulls trigger on Alcatel-Lucent buy

April 15, 2015

Well, that didn't take long. A day after admitting they were in acquisition talks, Nokia and Alcatel-Lucent have announced they have reached a deal for Nokia to purchase its French competitor in an all-stock transaction worth €15.6 billion ($16.7 billion). Current Nokia President and CEO Rajeev Suri (above) is in line to lead the new company.

Nokia, Alcatel-Lucent confirm merger talks

April 14, 2015

Nokia has confirmed that it is in what it called "advanced discussions" to acquire Alcatel-Lucent. While emphasizing that the discussions may fail to bear fruit, the Finnish wireless technology giant said the discussions revolve around a proposal to buy the French systems house via a public exchange offer.

Gigabit broadband drive a boon for CPE vendors in 2014

April 13, 2015

Sparked in part by the increasing interest in gigabit broadband, sales of broadband customer premises equipment (CPE) grew 9% in 2014, to $10.5 billion, according to a new report from Infonetics Research, now part of IHS Inc. (NYSE: IHS).

Infinera looks to metro with Transmode buy

April 9, 2015

Optical transport systems vendor Infinera (NASDAQ: INFN) has decided to accelerate its entry into the metro networks space via acquisition. The company has announced a plan to acquire Swedish metro systems specialists Transmode (NASDAQ Stockholm: TRMO) for approximately $350 million in cash and stock.

IIX acquires IX Reach to expand interconnection footprint

April 7, 2015

IIX Inc., which describes itself as a global software-defined interconnection company, says it has acquired IX Reach Ltd., which is about to become a software-defined interconnection company. Terms of the deal were not disclosed.

Fiber cable now reaches 42.5% of U.S. commercial buildings: Vertical Systems Group

April 7, 2015

The percentage of U.S. commercial buildings with direct fiber cable access rose to 42.5% in 2014, according to Vertical Systems Group. This represents almost a 4X increase in the last 10 years, the market research firm says.

Comcast launches investment company

April 6, 2015

Comcast Corp. has launched a new company that will invest and operate domestic and international growth-oriented companies. Michael J. Angelakis, Comcast's vice chairman and CFO, will run the new company as CEO. He'll have $4.1 billion to play with, including at least $40 million of his own money.

Fujitsu targets 5 billion yen for new venture funding

April 1, 2015

Fujitsu has created a new corporate venture fund armed with 5 billion yen to invest in ICT technology development companies interested in collaboration. The fund will target promising companies active in ICT enterprise applications as well as new ICT use areas that Fujitsu considers "social innovation."

Charter to buy Bright House Networks

March 31, 2015

Charter Communications, Inc. (NASDAQ: CHTR) and its subsidiary, CCH I, LLC (which currently bill themselves as the "New Charter") and Bright House Networks have decided to soothe the headaches the proposed Comcast/Time Warner Cable deal would cause them by pooling resources in the form of M&A. Charter has reached agreement with Bright House's owner, Advance/Newhouse Partnership, to buy Bright House for $10.4 billion.

Microsemi to acquire Vitesse Semiconductor

March 19, 2015

Microsemi Corp. (NASDAQ: MSCC) will continue its expansion via M&A with the acquisition of Vitesse Semiconductor Corp. (NASDAQ: VTSS). Microsemi says it has agreed to buy the communications semiconductor company for $5.28 per share in cash. The deal would therefore be worth approximately $389 million.

Lightower acquires Chicago’s ColocationZone

March 13, 2015

Fiber-optic network service provider Lightower Fiber Networks has beefed up its presence in Chicago with the acquisition of ColocationZone, an enterprise-class data center provider located in the 725 South Wells data center downtown. Lightower also will assume operations of the meet-me-room for the entire 725 South Wells facility owned by Digital Capital Partners, LLC.

Gigabit broadband services on roadmap for 40% of operators says Infonetics survey

March 10, 2015

As many as 40% of the respondents to an Infonetics Research study indicate they plan to offer 1-Gbps broadband access network services by 2017. The trend is likely among the reasons that fiber-optic broadband should become more popular, as the market research firm, now part of IHS Inc. (NYSE: IHS), expects the percentage of broadband subscribers served via fiber to the home (FTTH) to grow this year.

iPhotonix buys Netsocket NFV assets, launches optical access platform

March 10, 2015

Fiber to the home (FTTH) technology developer iPhotonix has acquired the network functions virtualization (NFV) assets of Netsocket, Inc. and used them to create a new NFV platform for broadband access networks. The iPhotonix Virtual Network (iVN) platform will provide scalable, secure, and agile delivery of enterprise and cloud-based applications, the company asserts.

Finisar back on revenue fast track in 3Q15

March 6, 2015

After seeing its string of quarterly revenue gains broken in the fiscal second quarter, Finisar Corp. (NASDAQ: FNSR) may have started a new skein in its third quarter of fiscal 2015, which ended January 25, 2015. The company reported venues of $306.3 million, up $9.3 million sequentially. The company expects further growth in 4Q15 as well.

Ciena misses first quarter 2015 revenue target

March 5, 2015

Ciena Corp. (NYSE: CIEN) reported $529.2 million in revenue for its fiscal first quarter ended January 31, 2015. The number missed the bottom end of its guidance for the quarter by $10.8 million as well as Wall Street consensus estimates by nearly $30 million. However, the company exceeded profitability expectations and guided revenues up significantly for the second quarter.

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