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Windstream Wholesale scores largest wavelengths deal in company history
The contract helped Windstream set a monthly wavelengths capacity record in October, when the company sold 5.7 Tbps.
FTTH/B
Fiber Broadband Association announces new leadership
Companies
Orange Digital Ventures leads InterCloud €22 million funding round
Network Automation
NTT, Microsoft to collaborate on enterprise network initiatives
Sponsored
Is your Network Ready for 400GbE?
Featured
Companies
Frontier Communications names Bernie Han new president and CEO
Companies
Telefónica to spin out Latin American operations as part of reorganization
Companies
Nokia names Sari Baldauf new board chair
Companies
Raj Yavatkar to replace Bikash Koley as Juniper Networks CTO
Packet Transport
Commerce Department proposes reviewing transactions as part of new ICTS security program
Companies
FCC rules USF money can’t be spent on Huawei, ZTE equipment
Sponsored
Is your Network Ready for 400GbE?
Companies
Connected2Fiber garners funding from Silicon Valley Bank
The company says it will use the funds to accelerate growth, enhance product offerings, and expand into new markets.
Earnings Statements
AT&T strikes deal with Elliott Management, announces three-year financial guidance, capital allocation plan
The plan includes aggressive debt reduction, monetization of non-core assets, and a promise of “no major acquisitions.”
Components
CS Consortium forms to promote use of data center 400G fiber-optic connector
The CS high-density fiber-optic connector was developed to meet the needs of data center 400-Gbps connectivity applications.
Companies
EFFECT Photonics adds €5 million via PhotonDelta
The company, which focuses on an InP-based approach to the development of DWDM optical chips, says it will use the money to accelerate product development and business expansion with an eye toward serving the 5G mobile and data center network markets.
Companies
Silicon photonics startup Scintil Photonics raises $4.4 million in first-round funding
The company says it will use the money to develop prototypes of 800-Gbps transceiver photonic circuits targeted at data center network applications.
Companies
Activist investment firm Elliott Management targets AT&T
The activist investment firm released a letter to AT&T management on September 9 in which it revealed it has acquired $3.2 billion in AT&T stock (about 1% of the company’s market capitalization) and now wants management to make a few changes.
Companies
John Stankey new AT&T president and COO, Jeff McElfresh CEO of AT&T Communications
Both appointments are effective October 1, 2019. Stankey will continue as CEO of WarnerMedia.
Companies
PacketFabric touts $75 million in joint venture funding from Digital Alpha Advisors
The company says it will use the money to further develop the platform, which can offer 100 Gigabit Ethernet connectivity, as well as increase its availability across the U.S. and worldwide.
Companies
U.S. Commerce Department reviewing more than 130 Huawei license requests: Reuters
It does not appear that any licenses have been granted – or even fully reviewed, based on information in the Reuters article.
Companies
TeraXion touts new funding, executive shifts
The company says it has sold a minority stake to BDC Capital’s Growth Equity division. BDC’s Growth and Transition Capital division also is working with CIBC on bank refinancing.
Companies
Penny Herscher new Lumentum board chair
She replaces Martin A. Kaplan, who died August 3.
Companies
AT&T Communications CEO John Donovan signals retirement date
Donovan has led AT&T Communications, AT&T Inc.’s largest business unit, for the past two years.
Business
Tibit closes $25 million Series B funding round
Intel Capital led the round, with two new investors, Swisscom Ventures and Korea’s AJU IB Investment, joining in. The company’s existing investors also participated.
Companies
Gabriela Styf Sjöman new chief strategy officer at Nokia
She will succeed Kathrin Buvac, who continue in the role of president of Nokia Enterprise and member of the Group Leadership Team.
