US operator Sprint says it has successfully carried out a trial of 400Gbps technology that could help to support the rising demand for data services on both fixed and mobile networks.
The operator has been working with network equipment vendor Ciena (Hanover, MD, USA) on the deployment of the high-speed technology, and says the two companies completed the 400Gbps trial in the Silicon Valley area in July.
Network equipment maker Cisco Systems Inc is cutting 4,000 jobs, or 5 percent of its workforce, as it makes a fresh attempt to reduce costs and refocus on growth areas in the face of uncertain demand for its networking equipment.
Shares of the world's biggest network equipment maker fell more than 9 percent after hours, their biggest drop in more than a year if reflected on Nasdaq on Thursday.
Telekom Austria and Dutch group KPN, the European rivals in which Mexican tycoon Carlos Slim has invested, have joined forces to offer internet-based data services to wholesale and large business customers, they said on Tuesday.
The two companies are combining their infrastructure to create a "backbone" optic fiber network across 35 countries whereby Telekom Austria (Vienna, Austria) can use KPN's (The Hague, Netherlands) network for its customers in western Europe and KPN can use Telekom Austria's network in central and eastern Europe.
The China SDN Conference allows telecom carriers and data center network operators who recognize the importance of this exciting and transformational technology to learn more about the latest developments. Nearly 700 delegates took part in the inaugural China SDN Conference making this the best attended event of its kind in the country. This follow up event in November provides another outstanding opportunity to explore, discuss and understand more about issues dominating the agendas of network planners, engineers, developers, strategists, researchers and executives.
The Oil and Gas Cyber Security conference will feature senior industry experts from an array of Oil and Gas companies and technology authorities sharing their insights on the latest technologies to help deal with emerging cyber threats.
San Antonio, Texas:
The 13th Annual Outage Response & Restoration Management Conference will be a two and a half day, utility industry focused event, specific to those within Outage Management, Storm Response, Transmission & Distribution and Emergency Preparedness.
Huawei Technologies Co Ltd, the world's second largest telecom equipment maker, said on Wednesday it was on track to achieve 10 percent revenue growth in 2013 after posting a 10.8 percent increase in first-half sales.
Huawei (Shenzhen, China) also said it expected to generate a net profit margin of 7-8 percent in 2013, compared with about 7 percent in 2012, according to Reuters' calculations. The company did not give other figures in its brief statement.
Cisco Systems Inc said on Tuesday it plans to purchase cybersecurity company Sourcefire Inc for $2.7 billion, a deal that analysts say should spark more acquisitions in the industry as large vendors seek to profit from growing demand for IT security.
Cisco (San Jose, CA, USA), which has been seeking targets to boost its network security business, said it will pay $76 per share in cash for Sourcefire (Columbia, MD, USA), a premium of 28.6 percent over its closing price on Monday of $59.08.
Vodafone-controlled Vodacom has agreed a deal to sell infrastructure it operates in Tanzania to Helios Towers Tanzania (HTT), an African infrastructure company whose investors include George Soros, Madeleine Albright and Jacob Rothschild, according to a report from the Financial Times.
The deal will see Vodacom transfer 1,149 towers to HTT and is valued at approximately $75 million, although Vodacom (Johannesburg, South Africa) is reportedly to acquire a 25% stake in HTT as well.
Two security experts said they have figured out how to spy on Verizon Wireless mobile phone customers by hacking into devices the U.S. carrier sells to boost wireless signals indoors.
The finding, which the experts demonstrated to Reuters and will further detail at two hacking conferences this summer, comes at a time of intense global debate about electronic privacy, after top-secret U.S. surveillance programs were leaked by a former National Security Agency contractor, Edward Snowden, last month.