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Networking Roundup: Foundry, Nortel and Alcatel
Sramana Mitra submits: I had earlier discussed in my Online Video Beneficiaries series consolidation among the networking dwarfs so that they can be stronger competition for Cisco CSCO. On July 21, Brocade announced plans to acquire Foundry FDRY for $3 billion. Foundry’s shares jumped more than 30%...
Tags: Foundry Networks Inc., Nortel Networks Corp., Networking
External links 2008-08-06
WAN Profit Up, But Still Cautious
West Australian Newspapers Holdings WAN) has delivered a significant increase in annual net profit but says it remains cautious about the outlook for advertising revenue.WAN, publisher of The West Australian newspaper, posted a 103.7 per cent rise in net profit to $109.94 million for 2007/08 on increased advertising sales...
Tags: advertisement, net profit, director, wan, wans, network technology, corporate governance, networking, business operations, corporate law, aap
News items 2008-08-06
Earnings Preview: Cisco Systems
Cisco Systems CSCO is expected to report Q4 earnings after market close Tuesday, Aug. 5, with a conference call scheduled for 4:30 pm ET. Guidelines The consensus estimate is 39c for EPS and $10.31B for revenue, according to First Call. Guidance from the last earnings call was for revenue growth...
Tags: Cisco Systems Inc., Networking
External links 2008-08-05
Nortel Networks: A History of Failure
Bapcha's Stocks submits: Yesterday's Lex column in the Financial TImes recommended that investors get their feet wet with regard to Nortel Networks NT. I respect the Lex authors a great deal, and their analysis is always based on thorough and excellent research, and often have insights that baffle me, and...
Tags: Networking, Nortel Networks Corp.
External links 2008-08-05
Nortel's First Acquisition in Two Years: Novera Optics
Mark Evans submits: For the first time more than two years, Nortel NT has made an acquisition by coughing up $26 million for Novera Optics, which makes low-cost, high-performance optical access technology based on WDM-PON Wavelength Division Multiplexed Passive Optical Network technology. Novera sells into markets such as...
Tags: Networking, Nortel Networks Corp.
External links 2008-08-05
Cisco Still Sees Growth
Eric Savitz (Barron's) submits: In a post-earnings conference call, Cisco Systems CSCO CEO John Chambers said the company is still confident in its long-term growth forecast of 12%-17%. He also said the current economic challenges “will remain with us” for a few quarter. For the fiscal first quarter,...
Tags: Cisco Systems Inc., Networking
External links 2008-08-05
U.S. Marine Corps Jumps into Social Networking
In case your boss is an ex-Marine and you're trying to convince him to approve your social networking budget, here's a story that might help: the Marines have launched their own social networking site at Our.Marines.com. The site is not exactly Facebook (it's more of an advertorial...
Tags: Network, Social Networking, Networking, Online Communications, Marketing, Advertising & Promotion, Jon Greer
Blog posts 2008-08-05
3Com Sues Bain Capital over Failed Takeover
Money Morning submits: 3Com Corp. COMS is suing Bain Capital Partners LLC over a $66 million termination fee that resulted when the private equity firm and Huawei Technologies Co. backed away from an attempted takeover.  In September 2007, China’s No. 1 network-equipment maker and Bain Capital...
Tags: Networking, 3Com Corp.
External links 2008-08-04
Siemens sells 80.2% stake in cordless unit
Siemens has sold an 80.2% stake in its cordless division, Home and Office Communication Devices SHC, to German firm ARQUES for an undisclosed sum, as part of its strategy to restraint its business focus. The deal comes days after Siemens sold a 51% stake in its telecoms equipment division,...
Tags: Gores Group, Francesco Canepa, Networking, Business Operations, Management, Finance, Telecommunications, Financial Services, Telephony, Research & Development, Siemens AG, Operational Accounting, Strategy
News items 2008-08-04
F.C.C.: Feds Censure Comcast
In a ruling that could have far-reaching implications for how broadband providers manage their networks, federal regulators ordered Comcast to change the way it manages internet traffic and be more transparent about its practices. The Federal Communications Commission ordered the change on a 3-2 vote today. See...
Tags: Sales, Networking, Sales Force Management, Internet, Network, F.C.C., Comcast Corp.
Articles 2008-08-01
SingTel CFO Quits
SingTel group CFO Francis Heng has announced he will leave the post on Sept 1, apparently for personal reasons. The resignation comes 11 days before the companies second quarter results, reports Telecom Asia. He will be replaced by Optus CFO Jeann Low, who will also continue at Optus. by...
Tags: Industry Moves, Asia, Countries, Operators, Companies, James Quintana Pearce, Networking, Telecommunications, Telecom & Utilities, Telephony, CFO, SingTel, Optus
News items 2008-08-01
FCC Orders Comcast to Alter Network Management
WASHINGTON (Reuters) - Comcast Corp CMCSA has been ordered to change how it manages its broadband network after U.S. communications regulators concluded some of its tactics unreasonably restrict Internet users who share movies and other material. In a precedent-setting decision, the...
Tags: Government, Networking, Federal Government, Network Management, P2P, Comcast Corp., FCC, Network
News items 2008-08-01
SingTel CFO Quits
SingTel group CFO Francis Heng has announced he will leave the post on Sept 1, apparently for personal reasons. The resignation comes 11 days before the companies second quarter results, reports Telecom Asia. He will be replaced by Optus CFO Jeann Low, who will also continue at Optus. by...
Tags: Industry Moves, Asia, Countries, Operators, Companies, James Quintana Pearce, Networking, Telecommunications, Telecom & Utilities, Telephony, CFO, SingTel, Optus
News items 2008-08-01
Kaminsky's DNS Exploit Exposes Core Internet Challenge
Gregory Ness submits: John Markoff’s New York Times recent story on the DNS exploit will no doubt draw significant attention to what Cricket Liu called one of the most significant vulnerabilities of all time. A few days after the easy to launch exploit was published on the Internet,  evidence of...
Tags: AT&T Corp., Juniper Networks Inc., Cisco Systems Inc., Checkpoint Systems Inc., Networking, Internet
External links 2008-08-01
Updates on Networking Sector: F5, Juniper, Akamai
Sramana Mitra submits: I have written extensively on Cisco CSCO and other networking companies as part of the Online Video Beneficiaries Series in which I suggested that smaller networking players will consolidate to take it on. The core businesses of Cisco’s biggest rival, Juniper, are going strong. F5 is...
Tags: Networking, Akamai Technologies Inc., Juniper Networks Inc., F5 Networks Inc.
External links 2008-07-31
iPhone Cuts Help O2 Customer Growth, Data Spending Up Too
That price cut in the run-up to the iPhone 3G's release seemed to do the trick for O2 - between January and June it added 137,596 pay-monthly customers; that's 80.8 percent more additions than the same period last year (. O2 said the growth was driven by iPhone...
Tags: Wireless, Apple, Companies, Robert Andrews, Networking, Personal Technology, Telecommunications, Consumer Electronics, O2, 3G Etc, Technologies, Operators, Network Technology, Broadband Internet, Cellular Phones, Apple iPhone, O2 Plc., 3G
News items 2008-07-31
@ LATV Festival: State Of The Industry: Money Might Be Tight, But Opportunities Abound
Money's drying up and networks are taking less risk. That's one of the messages coming out of the LATV Festival in Hollywood—and that's from the people offering encouragement, a panel of veteran TV executives, producers and talent. John Ferriter, SVP, William Morris Agency, was blunt: "They are in a...
Tags: Networking, Media, Entertainment, Matt Kapko, Management, Strategy, Industry, Risk, Network, TV, Cable & Telecom
News items 2008-07-31
Check Printer Deluxe Buys Business Social Net PartnerUp
Deluxe, yes, the Deluxe that prints old fashioned paper checks, wants to get in the social networking game: This evening it announced the acquisition of PartnerUp, a business networking site. The site offers itself as a place to find business partners, get advice, and obtain various services. LinkedIn obviously...
Tags: Online Communications, Finance, Investment, Peripherals, Hardware, Networking, Social Networking, Mergers & Acquisitions, Printers, Business, Marketing, Advertising & Promotion, Joseph Weisenthal, Social Media, VC+M&A
News items 2008-07-31
Carphone Cuts Broadband Forecast and Gives Cautious Outlook
LONDON (Reuters UK) - Mobile phone retailer and telecoms group Carphone Warehouse CPW cut its forecast for new broadband customers this year, and said it remained cautious about the outlook for consumer spending. Europe's biggest independent mobile phone retailer, which also provides fixed-line telecommunications and...
Tags: Best Buy Co. Inc., Telecommunications, Networking, Network Technology, Broadband Internet, Broadband, Mobile, Microsoft Outlook
News items 2008-07-30
Schaeffler Launches Hostile Bid For Continental
By John O'Donnell FRANKFURT (Reuters) - German ball-bearing maker Schaeffler has launched a hostile $18 billion bid to buy tire-to-brakes firm Continental CONG as the dispute over its takeover tactics continues. If the takeover happens, it would be the biggest so far ...
Tags: Networking, Network Technology, Maria-Elisabeth Schaeffler, Continental, Takeover Bid, Schaeffler
News items 2008-07-30
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