Network equipment maker Netgear Inc forecast current-quarter revenue below analysts' estimates as telecom service providers cut spending, sending its shares down 7.5 percent after the bell.
The company forecast revenue of $290 million to $305 million for the first quarter. Analysts on average were looking for $317.6 million, according to Thomson Reuters I/B/E/S.
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.
Oracle Corp will buy network equipment maker Acme Packet Inc for $2.1 billion, putting it in a better position to compete with Cisco Systems Inc (San Jose, USA) in moving data securely over internet networks.
Shares of Acme (Bedford, USA) were trading 7 cents above the offer price of $29.25 in early trading on Monday, suggesting that some investors anticipate a counter bid.
The deal is Oracle's (Redwood Shores, USA) biggest since it bought Sun Microsystems in 2010 for about $7 billion.
A sales recovery at Ericsson's key networks unit raised hopes on Thursday the world's top mobile telecom gear maker is beginning to shake off the global downturn.
Ericsson's (Stockholm, Sweden) biggest business, which builds mobile networks, showed fourth-quarter sales growth - the first rise in more than a year - helping the company as a whole to post year on year sales up 5 percent. Margins in the unit also rose from the previous quarter.
UK fixed-line incumbent BT reported a disappointing 6% fall in third-quarter sales, to £4.5 billion ($7.1 billion), as tough economic conditions, adverse regulation and dwindling revenues from line rentals and calls all took their toll.
Although pre-tax profit was 7% higher than a year earlier, at £675 million, the increase was partly attributed to “the reduced cost of sales due to the decline in revenue”, plus lower depreciation and amortisation charges as the company reins in capital expenditure.
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.
Avren’s Small Cells World Summit 2013, in exclusive partnership with the Small Cell Forum, is the largest small cells event in the telecoms industry. With the largest gathering of small cell international delegates in attendance at the 2012 summit and 30 exhibitors, SCWS2013 is poised to grow even further, with 40+ exhibitors and 550 delegates.
This seminar examines the impact, emerging challenges and the opportunities created by PC/TV convergence on broadcasting. It comes as YouView, the proliferation of subscription video services such as Netflix, LOVEFiLM and Now TV, and the rise in connected television ownership by consumers further blur the boundaries of what constitutes television.
Improved resource utilization, greater network control and faster response are just a few of the many promising benefits offered by Software Defined Networking. Just as how IP revolutionized networks, SDN proponents are calling this a game changing network architecture. But just exactly what can you expect from SDN? Is SDN right for your organization and how can you deploy SDN successfully to reap the rewards? What are the pitfalls and implementation risks and how can you avoid them?
New breakthroughs in optical networking and communications is what this very important conference is all about. Learning how you can leverage them to improve your core, long haul, metro, transport, transmission, backhaul and access networks is why you should attend. Anyone involved in network planning, design, architecture, engineering and management knows just how challenging this can be. That is why it is so critically important to participate and gain the much needed insight and intelligence for making informed decisions.