Corning reiterates lowered 2019 expectations for Optical Communications business
The company said it will idle production capacity and pace capital projects within the business segment as a result.
Oct 30th, 2019
AT&T strikes deal with Elliott Management, announces three-year financial guidance, capital allocation plan
Oct 28th, 2019
NeoPhotonics escapes 2Q19 above revised guidance
Aug 6th, 2019
MACOM restructuring plans include layoffs, exit from datacom module sales
Jun 20th, 2019
Huawei expects $30 billion revenue loss in next two years due to U.S. technology ban
Jun 17th, 2019
Corning expects continued growth in Optical Communications segment to at least 2023
Jun 17th, 2019
Broadcom knocks $2 billion off semiconductor revenue estimates due to Huawei, China tensions
Jun 14th, 2019
NeoPhotonics tweaks guidance ahead of 4Q18 results announcement
Jan 14th, 2019
Lumentum reveals bad news for 2Q19
Nov 13th, 2018
Pilot to deploy Telia Carrier’s IP Transit services across the northeastern U.S.
Feb 13th, 2018
Telia Company agrees to transfer Kaztranscom interests to Amun Services
Feb 12th, 2018
Is your Network Ready for 400GbE?
Nov 20th, 2019
Ciena enhances GeoMesh Extreme submarine cable technology
Ciena says it is unveiling enhancements to its GeoMesh Extreme submarine cable technology, enabling submarine cable operators to meet the increasing bandwidth demand that video-centric streaming, virtual reality, the Internet of Things (IoT), 5G, and other future applications are creating.
Jan 25th, 2018
Cross River Fiber’s fiber-optic route to NJFX Tier 3 colocation campus offers NY and NJ carrier connection
Cross River Fiber, which offers fiber-optic network and telecommunications services in metro New York/New Jersey, says it has completed its fiber-optic route to the New Jersey Fiber Exchange (NJFX) Tier 3 colocation campus in Wall Township, NJ. The fiber network offers interconnection between the NJFX campus and major financial exchanges and carrier hotels in the New York/New Jersey metro area.
Jan 23rd, 2018
Mellanox ends 1550-nm silicon photonics work
Mellanox Technologies, Ltd. (NASDAQ: MLNX) says it has ceased research on 1550-nm silicon photonics. Approximately 100 employees will lose their jobs as a result.
Jan 9th, 2018
Liberty Latin America’s split-off from Liberty Global finalized
Liberty Latin America Ltd. (NASDAQ: LILA and LILAK, OTC Link: LILAB) said it has finalized its previously announced split-off from Liberty Global and its launch as an independent, publicly traded company. Liberty Latin America Class A and Class C common shares are now trading on the NASDAQ global select market under NASDAQ: LILA and NASDAQ: LILAK, and the Class B common shares are quoted on the OTC Markets under LILAB following the split-off's completion.
Jan 4th, 2018
Colt improves latency between Tokyo and London financial centers
Colt says it has improved the latency on its routes between Tokyo and London financial centers to less than 159 milliseconds as part of its continued investment in the Colt IQ Network, addressing the specific requirements of financial firms and enterprises. Reducing latency will advance trading strategies that rely on low latency infrastructure to support investment banks, high-frequency trading (HFT) firms, FX related applications, and other financial organizations, the fiber-optic network service
Dec 12th, 2017
Mergers & Acquisitions
Nokia: We're not buying Juniper Networks
Nokia moved quickly yesterday to stamp out press reports that it had prepared an offer to buy router and optical transport systems vendor Juniper Networks (NYSE:JNPR).
Nov 30th, 2017
Infinera plans restructuring
Infinera Corp. (NASDAQ:INFN) has announced a restructuring initiative that will see layoffs, product and program 'rationalization,' and the close of an R&D facility. The announcement came as the company reported its third quarter 2017 numbers that showed both GAAP and non-GAAP net losses.
Nov 9th, 2017
NeoPhotonics blames slow China demand for upcoming layoffs
Citing the fact that soft demand for its products in the China market has continued into the third quarter, NeoPhotonics Corp. (NYSE: NPTN) has announced restructuring efforts that include layoffs. Company management expects the restructuring to reduce quarterly operating expenses immediately and result in an approximately $2 million reduction when fully realized in the first quarter of 2018.
Oct 5th, 2017
Seaborn Networks, Aqua Comms join for submarine network connection between South America and Europe
Seaborn Networks, which owns and operates the newly open for service Seabras-1 submarine network between São Paulo and New York, and Aqua Comms DAC, which operates America-Europe Interconnect-1 (AEConnect), have agreed to link their submarine cable infrastructures. The result will be the offering of undersea fiber connections between South America and Europe.
Oct 2nd, 2017
Clearfield introduces FieldSmart Flex Box for MDUs
Fiber-optic connectivity specialist Clearfield, Inc. (NASDAQ:CLFD) says it has launched the FieldSmart Flex Box, a flexible wall box that applies its FieldShield design philosophy to multi-dwelling units (MDUs) for equipping service providers with a fast path to subscriber revenue. The Flex Box is an expansion of Clearfield's FieldSmart Small Count Delivery (SCD) wall box line that provides installation ease by interconnecting different types of media and pathways into a single fiber distribution
Sep 18th, 2017
Seabras-1 submarine network operational with Infinera XTS-3300 meshponders
Seaborn Networks has announced that its Seabras-1 submarine network, which links Brazil and New York, is operational. The company also has revealed that it is using XTS-3300 meshponders from Infinera (NASDAQ:INFN) to support the delivery of low-latency, flexible-capacity services.
Sep 12th, 2017
General Cable reviewing strategic alternatives
The board of directors at General Cable Corp. (NYSE: BGC), which makes wire and cable products, including fiber-optic cable, announced last week that they have launched a review of strategic alternatives, including the potential sale of the company. J.P. Morgan Securities LLC, as financial advisor, and Sullivan & Cromwell LLP, as legal advisor, will assist in the process.
Jul 27th, 2017
I3 Broadband expanding fiber-optic network in Champaign-Urbana, IL
Fiber-optic internet provider i3 Broadband announced it will continue its area-wide, multi-million dollar investment in expanding its fiber-optic network throughout Champaign-Urbana, IL, 'starting immediately, weather permitting.'
Jul 11th, 2017
Superloop launches domestic submarine cable network TKO Express
Independent digital services provider Superloop announced that the TKO Express domestic submarine cable network is now operational. The TKO Express submarine cable is the first low-latency path linking significant data centers in Chai Wan on Hong Kong Island and the mainland at Tseung Kwan O Industrial Estate (TKO), and is about 20 km shorter than other network routes connecting the data centers, Superloop asserts.
Jul 10th, 2017