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Frontier to change CEOs

March 3, 2015

Frontier Communications Corp. (NASDAQ:FTR) has announced that current president and COO Daniel J. McCarthy, a member of the board of directors, will become president and CEO of the company April 3, 2015. He will succeed Maggie Wilderotter, who was chairman and CEO; Wilderotter will become executive chairman of the board of directors.

Web 2.0 companies likely shape optical network market says LightCounting

March 3, 2015

While spending by traditional communications carriers still dominates the fiber-optic network technology market, market research firm LightCounting predicts that Web 2.0 companies will become a significant market driver over the next five years. In its most recent semi-annual optical communications market forecast report, LightCounting states that the top 15 Web 2.0 vendors will spend $50 billion in 2015 on servers, networks, and other infrastructure, up from $38 billion in 2014 and $30 billion in 2013.

NXP, Freescale to merge

March 2, 2015

NXP Semiconductors N.V. (NASDAQ: NXPI) and Freescale Semiconductor, Ltd. (NYSE: FSL) have agreed to merge, with the former buying the latter for approximately $11.8 billion in stock and cash. With the assumption of Freescale's debt included, the total total value of the deal is approximately $16.7 billion, the companies say.

JDSU reveals names for post-split companies

February 27, 2015

For those of you wondering which arm of JDSU (NASDAQ: JDSU) would retain the family name once the company bisects in the third quarter of this year, the answer is: neither. In a registration statement on Form 10 with the U.S. Securities and Exchange Commission (SEC), JDSU revealed that the former Communications and Commercial Optical Products (CCOP) business will operate as Lumentum Holdings Inc. The remaining network and service enablement related businesses will carry on under the name Viavi Solutions Inc., JDSU also announced.

Avago to buy Emulex for $606 million plus debt

February 26, 2015

Avago Technologies Ltd. (NASDAQ:AVGO) says it has reached an agreement to purchase Emulex Corp. (NYSE:ELX). Avago will pay $8.00 per share for the Costa Mesa, CA, based network connectivity, monitoring, and management company, a total of approximately $606 million. Net of cash and debt acquired, the total outlay will be around $609 million, Avago predicts.

Ciena, Infinera, ZTE 2014 optical systems winners says Infonetics

February 23, 2015

Ciena (NYSE:CIEN), Infinera (NASDAQ:INFN), and ZTE posted significant revenue gains in 2014 during what was a rough year for fiber-optic network hardware sales, reports Infonetics Research, now a part of IHS Inc. (NYSE: IHS). Despite the fact that the overall market declined 1% in 2014, Ciena used a 12% boost in revenue to wrest the Number 2 spot in optical network market share from Alcatel-Lucent (Euronext Paris and NYSE: ALU).

European FTTH connects 14.5 million homes

February 17, 2015

Research commissioned by the FTTH Council Europe and released at the organization's annual conference last week indicates that the number of fiber to the home (FTTH) and fiber to the building (FTTB) subscribers in Europe reached approximately 14.5 million in 2014. The total represents a 50% increase over 2013.

Interxion, TelecityGroup sign non-binding merger agreement

February 17, 2015

European-based data center operators Interxion Holding N.V. and TelecityGroup plc (LSE: TCY) have signed a non-binding agreement that would see them combine in an all-share merger.

Internet content providers capex growth engine says Ovum

February 10, 2015

A new report from market research and analysis firm Ovum asserts that Internet content providers (ICPs) will become increasingly influential market shapers as traditional telcos reduce their capex budgets. ICP capex grew from $23 billion in 2008 to $46 billion in 2013, according to Ovum's "Communications Provider Capex Forecast Report: 2014–19: Internet content providers will drive growth in capital spending on network infrastructure." ICP capex will expand to well over $100 billion by 2019, the report adds.

Netrality Properties expands into Houston

February 10, 2015

Netrality Properties, a colocation/connectivity company that debuted last month, has expanded its footprint into Houston, TX, with the acquisition of a 1.1 million square foot building at 1301 Fannin Street.

Verizon to sell certain wireline assets to Frontier, lease wireless tower rights

February 9, 2015

Verizon Communications Inc. (NYSE, NASDAQ: VZ) announced February 5 that it would sell its local wireline assets in California, Florida, and Texas to Frontier Communications Corp. (NASDAQ: FTR) for $10.54 billion.

Oclaro 2Q15 sees gain in core telecom product sales thanks to 100G

February 4, 2015

Optical component and subsystems vendor Oclaro, Inc. (NASDAQ: OCLR) saw its total revenues for its second fiscal quarter of 2015 slip slightly sequentially, primarily due to the impact of its recent sale of its industrial and consumer business. With revenues from those assets discounted, core assets delivered 4% sequential growth, management stated. Company management was heartened particularly by the demand for their 100-Gbps components and optical modules.

Sterlite beefs up broadband research

February 3, 2015

Fiber-maker Sterlite Technologies (BSE: 532374, NSE:STRTECH) says it will support its home country's Digital India initiative through three avenues. The company has opened a Center of Excellence (CoE) and announced an annual seed fund of $100,000 to help fund startups working on broadband deployment technologies. It also announced agreements on collaborative research in high-speed broadband with Indian Institute of Technology Madras (IIT Madras) and IIT Kanpur.

Luna, Advanced Photonix to merge

February 2, 2015

Luna Innovations Inc. (NASDAQ: LUNA), maker of fiber-optic sensing and test and measurement products for the telecommunications, aerospace, automotive, energy, and defense markets, has agreed to a merger with Advanced Photonix, Inc. (NYSE MKT: API), which optoelectronic sensors, devices, and instrumentation for the telecommunications, defense, medical, and industrial markets.

Intel to buy broadband chip maker Lantiq

February 2, 2015

Intel Corp. says it has agreed to acquire Munich-based Lantiq, which develops semiconductors and software for broadband access networks and home networking. Terms of the deal, which is expected to close in the next 90 days, were not disclosed.

JDSU 2Q15 revenues, 3Q15 guidance disappoint Wall Street

January 30, 2015

JDSU (NASDAQ: JDSU) fell short of Wall Street's consensus estimates for both revenues for the third quarter of fiscal 2015 and guidance for the current quarter. Company management blamed declining service provider demand for its test and measurement equipment for the miss. Nevertheless, the company said it remains on track to divide in two by the third quarter of this calendar year.

AT&T confirms smaller 2015 capex

January 29, 2015

As expected, management at AT&T (NYSE:T) said on January 27 during its review of fiscal fourth quarter and full-year results that they expect to spend about $18 billion for capital expenditures (capex) in 2015. If the forecast holds, the total would represent slightly more than a $3 billion decline from the $21.4 billion spent in 2014.

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.

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