NeoPhotonics escapes 2Q19 above revised guidance
Company management said that strength in demand among Western customers as well as resumption of most of their shipments to Huawei accounted for the better than expected revenue performance
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
Oclaro: Out with QSFP28 CWDM4, in with coherent DCO, 400G modules
Feb 6th, 2018
Ciena enhances GeoMesh Extreme submarine cable technology
Jan 25th, 2018
Cross River Fiber’s fiber-optic route to NJFX Tier 3 colocation campus offers NY and NJ carrier connection
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
Jul 11th, 2017
Superloop launches domestic submarine cable network TKO Express
Jul 10th, 2017
Multi-platform Test Instruments for Successful SDN Migration
Jun 29th, 2017
Mergers & Acquisitions
Marlin Equity Partners makes room for Oaktree Capital on Coriant investor roster
Jun 15th, 2017