Wednesday, February 1, 2012

Cavium's Revenue Declines 17% in Q4 to $68 Million

Cavium posted Q4 2011 revenue of $56.3 million, a 16.9% sequential decrease from the $67.7 million reported for the third quarter of 2011.
Net loss for the fourth quarter of 2011, on a GAAP basis, was $9.4 million, or $(0.19) per diluted share, compared to net income of $6.0 million, or $0.12 per diluted share in the third quarter of 2011. Gross margins were 58.1% in the fourth quarter of 2011 compared to 59.9% in the third quarter of 2011. Total cash and cash equivalents were $63.2 million at December 31, 2011.


http://www.cavium.com

Palo Alto Networks Hires Ex-CFO of Aruba Networks

Palo Alto Networks appointed Steffan Tomlinson as its new chief financial officer (CFO), effective immediately. Most notably, from 2005 to 2011, Tomlinson served as chief financial officer of Aruba Networks and was instrumental in both their Initial Public Offering and helping the company scale to facilitate growth. From 2000 to 2005, he was the first non-founder employee and, ultimately, chief financial officer of Peribit Networks.
http://www.paloaltonetworks.com

Extreme Posts Revenue of $82.8 Million, Profit of $4.1 Million

Extreme Networks reported quarterly net revenue of $82.8 million, and GAAP net income of $4.1 million or $0.04 per diluted share.


"These results show the initial positive effect of our company transformation with product revenue up 8% and non-GAAP operating income up 25% from Q1," said Oscar Rodriguez, President and CEO of Extreme Networks. "We are now focused on driving the success of our new products for the cloud, data center and mobile markets, which will begin shipping this quarter."


Rodriguez continued, "Across our vertical markets, we are seeing strong interest in new cloud-scale products including the Black Diamond X8, and our new mobile backhaul products, the E4G cell-site routers."


Total net revenue in Americas was $36.8 million, revenue in EMEA was $32.4 million, and revenue in APAC was $13.6 million. That compares to revenue in Americas of $30.8 million, revenue in EMEA of $37.2 million, and revenue in APAC of $17.1 million for the same period last year. For the quarter, total revenue increased 5%, and product revenue was up 8% sequentially from the first quarter of fiscal 2012.
http://www.extremenetworks.com

Anite Collaborates on TD-LTE Testing with China Mobile

Anite, which specializes in wireless device testing technology, announced a Memorandum of Understanding (MoU) with China Mobile Research Institute (CMRI) to collaborate on research in order to facilitate the global roll-out of TD-LTE technology. The companies are working to develop validated protocol conformance and interoperability test specifications and test systems. http://www.anite.com

América Móvil Picks Alcatel-Lucent for LTE

América Móvil, the largest wireless operator in the Americas, has selected Alcatel-Lucent to provide infrastructure for its LTE/4G network rollout in Latin America. The initial deployment with Claro, América Móvil's brand in Puerto Rico, is underway. Financial terms were not disclosed.


Alcatel-Lucent noted that its LTE solutions have now been selected by more than 20 customers, including two of the world’s largest service providers for commercial deployments, and are involved in over 70 trials worldwide.
http://www.alcatel-lucent.com
  • As of September 30, 2011, América Móvil had 241.5 million wireless subscribers and 56.4 million fixed revenue generating units in the Americas.

Ericsson and Qualcomm Complete Voice Handover from LTE to WCDMA

Ericsson and Qualcomm announced the successful handover of a voice call from LTE to WCDMA on an end-to-end network. The handover used 3GPP-standardized Single Radio Voice Call Continuity (SRVCC).


The testing, which was completed in December, demonstrated seamless voice service when the user moves out of LTE coverage as the call is automatically handed over to WCDMA or GSM. The end-to-end network was supplied by Ericsson and the smartphone used an LTE/3G multimode chipset from Qualcomm. The handover mechanism is supported on Ericsson's end-to-end products and solutions; LTE/WCDMA/GSM RAN, Evolved Packet Core, MSC and IMS to work towards VoLTE enabled LTE smartphones.


"By accomplishing this advanced LTE handover technology together with Qualcomm, we now ensure that operators can meet consumers' expectations on a high-quality voice over LTE service. Operators will be able to maintain their quality brand for their voice business when they launch voice over LTE," stated Johan Wibergh, Head of Business Unit Networks, Ericsson.


The first operators are expected to begin deploying SRVCC during 2012, followed by more global commercial launches in 2013.
http://www.ericsson.com
http://www.qualcomm.com

AT&T and Orange Expand Cisco Telepresence Interconnectivity

AT&T and Orange Business Services announced a new inter-provider connectivity agreement for a global telepresence service that expands the features and capabilities of video collaboration. The new service is available to all AT&T Telepresence Solution and Orange Telepresence Community customers using Cisco TelePresence endpoints.


“This capability with Orange further extends AT&T’s telepresence offer and brings the benefits of the AT&T Business Exchange to even more global customers who understand the value of connecting through face-to-face collaboration,�? said Alan Benway, Executive Director of AT&T Business Solutions. “By using our world-class MPLS network to connect organizations to their customers, suppliers and business partners, telepresence has proven to be a valuable communications tool -- in fact, more than one-third of the companies ranked in the Fortune 100 are connected to the AT&T Business Exchange. Telepresence is a valued solution that is hard to ignore when considering the organizational and environmental benefits the technology brings to the table."http://www.att.com
http://www.orange.com

TeliaSonera Increases Stake in GSM Kazakhstan

TeliaSonera has increased its ownership in in GSM Kazakhstan LLP, operating under the brand Kcell, by acquiring a 49 % stake in the company from Kazakhtelecom. The price paid was US$1.519 billion.


TeliaSonera has further agreed, subject to certain conditions, to sell 25 percent of the shares minus one share in Kcell in an Initial Public Offering (IPO). The IPO process has been initiated, and is expected to be completed during 2012. Depending on the share price development after the IPO, TeliaSonera may have to make an additional payment to Kazakhtelecom.


After the transaction, GSM Kazakhstan LLP is owned by Fintur Holdings (51%) and TeliaSonera (49%). Fintur Holdings B.V. is owned by TeliaSonera (58.55%) and Turkcell (41.45%). Once both steps of the transaction have been completed, TeliaSonera’s effective ownership in Kcell will be 61.9%.
http://www.teliasonera.com
http://www.kcell.kz/

HP Enables OpenFlow across its Enterprise Switches

HP is enabling OpenFlow across its FlexNetwork enterprise switches. The new capabilities are delivered as a free software upgrade across 16 switches, including the HP 3500, 5400 and 8200 series. The support will be expended to all switches in the HP FlexNetwork architecture this year.


OpenFlow is an emerging network virtualization technology pioneered at Stanford University and by the Open Networking Foundation, of which HP is a founding member.


OpenFlow is aimed at reducing the complexity of network devices and automating tasks using simplified network management.


“To help enterprises uniformly manage network traffic flow across the data center, HP became an early innovator of the OpenFlow standard, supporting more than 60 universities and research centers in trials, development efforts and practical real-world applications,�? said Bethany Mayer, senior vice president and general manager, Networking, HP. “With more than 10 million OpenFlow-capable switch ports deployed and the broadest portfolio currently available on the market, HP is leading the move to the OpenFlow standard and further simplifying networks for our enterprise clients.�?http://www.hp.com

Comcast Signs Multiyear Agreement with Amdocs

Comcast Cable Communications agreed to a multi-year extension of its existing software license and services agreements with Amdocs relating to various offerings in the Amdocs CES (customer experience systems) portfolio. Financial terms were not disclosed.


“Comcast is widely recognized for their industry leadership and we look forward to continuing to serve as a provider of systems and services in support of their operations,�? said Brian Shepherd, Amdocs division president.
http://www.amdocs.com

U.S. Cellular to Launch LTE Next Month

U.S. Cellular, which serves about 5.9 million mobile users, plans to launch its first LTE markets next month in partnership with King Street Wireless. Initial markets include Milwaukee, Madison and Racine, Wis.; Des Moines, Cedar Rapids and Davenport, Iowa; Portland and Bangor, Maine; and Greenville, N.C. U.S. Cellular is the first wireless carrier to offer 4G LTE in several of these markets. The next wave of market launches will be announced later this month.


The 4G LTE network will cover 25 percent of U.S. Cellular's customers and will coincide with the launch of the Android-powered Samsung Galaxy Tab 10.1 4G LTE mobile tablet, followed shortly by the Samsung Galaxy Aviator 4G LTE smartphone.


King Street Wireless currently holds 700 MHz wireless spectrum in 27 states and is partnering with Chicago-based U.S. Cellular to deliver high-speed 4G LTE service to U.S. Cellular's customers in several of the carrier's markets. King Street Wireless is headquartered in Alexandria, Virginia.
http://www.uscellular.com
http://www.kingstreetwireless.com

India's Supreme Court Cancels 122 Telecom Licenses for 2G

India's Supreme Court invalidated 122 licenses issued to telecom operators for 2G spectrum after 2008 due to the charges of corruption in the ongoing scandal. A new auction for these quashed 2G licenses will need to be held.


The ruling notes that the subjective process of 2G spectrum allocation in lieu of a public auction violated established procedures and laws, and that the government received only one-sixth of what it would have got had it gone through a fresh auction route.
"The total loss to the exchequer of giving away 2G GSM spectrum in this way – including to the CDMA operators – is over Rs.50,000 crores and is said to be one of the biggest financial scams of all times in the country."http://http://supremecourtofindia.nic.in/http://supremecourtofindia.nic.in/outtoday/39027.pdf

See also