Thursday, November 20, 2008

KPN Commences EUR 1 bn Share Repurchase Program

KPN has commenced a EUR 1 billion share repurchase program for 2009. In order to meet the interests of both shareholders and bondholders, KPN said it is committed to its self-imposed financial framework with a net debt to EBITDA ratio between 2.0x and 2.5x. Net debt to EBITDA stood at 2.4x at the end of Q3 2008 and is expected to be lower by the end of 2008.

AT&T Wins $346 Million Managed Service Contract with State of Georgia

AT&T was awarded a five-year contract with the Georgia Technology Authority (GTA) worth a projected $346 million to provide managed WAN, Voice, and LAN services across state government agencies. The extensive managed network services contract is expected to establish a more robust and efficient network for Georgia's government operations, a centralized management model and standardized service levels across the state. In addition, the contract provides the state with a disaster recovery solution and information security services so government operations can be maintained in the event of a natural or man-made disaster.

Cavium to Acquire W&W for Video Processor

Cavium Networks agreed to acquire W&W Communications, a fabless semiconductor start-up based in Sunnyvale, California, for approximately $19.3 million.

W&W specializes in low power, super low latency and full-High Definition video processing solutions with single and multi-stream capabilities. The company provides a range of chips, software and board level solutions for single and multi-channel, High and Standard Definition H.264 applications at up to full 1080p encode and decode at 60 frames per second. W&W leverages a proprietary Super Low Latency (SLL) technology that produces perceptual lossless video quality at sub-frame encode-decode delay. Other features include a flexible encoder toolset with in-loop de-blocking filter, single-pass bit rate control, content-adaptive noise filtering, programmable cost functions for motion vector and prediction mode coding, efficient search algorithms, large search area, 1/2 and 1/4 pixel motion estimation interpolation and error resiliency and concealment.
W&W Communications has an R&D center in Beijing, China.

Cavium noted that the digital video market consists of five distinct segments, namely capture, process, transport, receive and display. Today Cavium Networks' single and multi-core processors are used in a range of video transport applications. High performance, video encode and decode capabilities are needed in the capture, process and display market segments. High end applications in these markets require encode and decode with pristine video quality, super low latency, single and multiple HD video stream processing up to 1080p at 60 frames/second and beyond. These requirements today are primarily delivered by multi-chip DSP based solutions. Low end requirements which include decode only or encode of low resolution streams are primarily delivered by ASIC based solutions.http://www.caviumnetworks.com
  • W&W is headed by Lars Herlitz (president & CEO), who previously was founder, president and CEO of DSP Research, which was acquired by W&W Communications in 2003.

Cisco Appoints Head of Brazil Operations

Rodrigo Abreu has been appointed as country manager for Cisco Brazil, effective December 15. Mr. Abreu joined Cisco three years ago and for the last two years has served as regional manager for the Cansac region. He replaces Pedro Ripper, who has decided to join one of Brazil's leading service providers, after five years with Cisco.

STMicroelectronics Joins MIT's Ultra-Low-Power Microcontroller Program

STMicroelectronics has joined the Microsystems Industrial Group (MIG) industry consortium at the Microsystems Technology Laboratories (MTL), Massachusetts Institute of Technology. MIG was founded in the 1980s to support Microsystems Technology Laboratories infrastructure and provide direction to the MTL research and educational objectives in consultation with the faculty. ST is the first European company to join the group.

"ST is a leader in the development of low-power technologies that can reduce power dissipation in embedded System-on-Chip solutions, while maintaining the same level of performance in cutting-edge industrial and portable consumer products," said Alessandro Cremonesi, Strategy and System Technology Group Vice President and Advanced System Technology General Manager, STMicroelectronics.

BridgeWave's Gigabit Wireless Complies with New ETSI Recommendation

BridgeWave Communications' 80 GHz multi-gigabit wireless links have been demonstrated to comply with the new European Telecommunications Standards Institute (ETSI) Draft Recommendation EN 302 217-3 V1.3.1 on its first day of publication. This is the first released version of this Recommendation to include specifications for equipment operating in the new 80 GHz millimeter-wave spectrum band that enables point-to-point wireless systems to deliver multi-gigabit capacity with ultra-low latency.

BridgeWave's 80 GHz wireless link products have been tested to the latest draft of ETSI, EN 302 217-3 v1.3.1, by Compliance Certification Services (CCS), a NVLAP-accredited Electro Magnetic Compatibility (EMC) Test Laboratory. CCS provides compliance and test services on cutting edge wireless standards, including the new ETSI requirements for 70 GHz and 80 GHz wireless links.

First Transatlantic 40 Gbps Single Wavelength Transmission Completed

The first transatlantic transmission of a 40 Gbps IP wavelength (OC768/STM256) was successfully demonstrated by Sprint, in collaboration with the TAT-14 cable system consortium, TeliaSonera International Carrier, and Sweden's research and education network (SUnet). This trial was also enabled through close collaboration between Cisco Systems and StrataLight Communications.

Spanning more than 9,000 km of fiber distance, the circuit includes a 7,630 km segment of transatlantic submarine TAT-14 cable system between Sea Girt, N.J. and BlAbjerg, Denmark. TeliaSonera provided support and optical backhaul from the European cable landing station for TAT-14 to Stockholm and SUnet.

Rather than using traditional external DWDM equipment to generate the long-haul signal, the connection was based on Cisco's Carrier Routing System, CRS-1, and IP-over-Dense-Wavelength-Division Multiplexing (IPoDWDM) systems. With the CRS-1 IPoDWDM production solution, the CRS-1 emits a colored 40-Gbps wavelength that is fed directly into existing 10-Gbps DWDM transmission equipment, providing four times the capacity and eliminating costly external transponders.

"This successful trial of 40-Gbps over IP on a submarine cable system represents another significant first in IP networking for Sprint," said Kathy Walker, chief information and network officer for Sprint. "It serves as a reminder of how far technology has advanced. TAT-14 and Sprint were the first to transmit data at 10-Gbps (OC192) speeds across the same path in 2001. Sprint and TAT-14 are making history again. By transmitting 40-Gbps over an existing 10-Gbps DWDM system, we've demonstrated that Sprint can increase capacity for its customers while minimizing additional capital and operational costs."