Advanced technologies company iTalk says its inaugural M2M router will hit the market by mid-August.
The company announced a strategic business expansion into the M2M sector just over a month ago and has now backed up the plan by providing details of its first M2M router.
iTalk (Lauderdale, FL, USA) says the new router will initially target the automated teller machine and point of sale industries, allowing companies to replace “antiquated manual or wireline transactions” with “faster, more reliable and more affordable wireless data networks.
Network equipment maker Ciena Corp said it expects strong growth in cloud computing and higher use of smartphones, and forecast stronger-than-expected revenue for the current quarter.
Ciena (Hanover, MD, USA) shares jumped as much as 15.5 percent on the Nasdaq on Thursday morning. Shares of rival Finisar Corp (Sunnyvale, CA, USA) were up 5 percent while those of Juniper Networks Inc (Sunnyvale, CA, USA) were up about 1 percent.
The Metro Ethernet Forum (MEF) celebrated the fortieth anniversary of Ethernet last month ahead of its quarterly meeting in San Diego. Ethernet’s father, Bob Metcalfe, presided as Metro Ethernet Forum President Nan Chen announced certification of 20 companies whose products passed rigorous testing for Carrier Ethernet (CE) 2.0.
First generation Carrier Ethernet already dominates WAN equipment revenue, and now Carrier Ethernet 2.0 is making it easier for Carriers to meet and exploit the demand that Carrier Ethernet has already fuelled
Ten years ago The Metro Ethernet Forum (MEF) was founded to develop and promote a new generation of Ethernet called Carrier Ethernet. Since then Carrier Ethernet has transformed WAN and enterprise connectivity as well as providing an infrastructure to fuel soaring user expectations for mobile applications.
Mobile broadband revenues are forecast to grow at an annual rate of 19.2% and generate $122.9 billion in incremental revenue between 2013 and 2016 in new research from Ovum.
Despite these impressive gains, overall operator revenues are forecast to increase little over the next five years from a 2012 estimate of about $2 trillion.
US operator XO Communications (Herndon, USA) has launched a high-speed network in Canada, looking to capitalize on the growing demand for enterprise telecoms services.
The company says a network is now up and running in Toronto, where it can offer high-speed network services to enterprise and wholesale customers.
When it comes to business connectivity, Ethernet's central driver continues to be its ability to meet growing bandwidth demands at lower cost and with greater flexibility than competing legacy services. Applications vary from wireless backhaul and basic Internet connections to delivering enterprise applications and providing access to cloud infrastructure. That translates into a big revenue opportunity for communications service providers (CSPs) – if they can provide the right level of customer satisfaction.
As the Chinese government steps up ‘Broadband China’, its program to provide high-speed broadband connections to more than 250 million households in urban and rural locations by 2015, Alcatel-Lucent announced that it has signed an agreement with China Telecom to deploy its IP/MPLS 7750 Service Router (SR) portfolio.