News

Korea Telecom makes NFV move with Alcatel-Lucent

Korea Telecom is the latest service provider to make a shot in the emerging network functions virtualization (NFV) battle, employing a mix of Alcatel-Lucent and its Nuage Networks subsidiary's software defined networking (SDN) platforms.

Verizon's interconnection deal with Netflix pays off with No. 1 ISP ranking

Verizon FiOS has redeemed itself on Netflix's ISP Speed Index, jumping from the No. 10 spot to the top spot with an average speed of 3.17 Mbps.

Level 3 secures $2B loan to finance cash portion of tw telecom acquisition

Level 3 has gotten commitments from its lenders to increase its borrowing power under its secured credit facility through a new $2 billion Tranche B 2022 Term Loan, part of which will finance the cash portion of its acquisition of tw telecom.

AT&T completes transition of GigaPower customers in Austin to 1 Gig

AT&T has transitioned all of its U-verse with GigaPower fiber-to-the-premises (FTTP) residential and business customers in Austin, Texas, to 1 Gbps speeds, up from the initial 300 Mbps it initially offered.

Google-led consortium to build new Latin American submarine cable

Google has taken another step to becoming a player in the burgeoning Latin American submarine cable market, announcing it will participate in a consortium that will build a cable linking the United States by the end of 2016.

Understanding why Redbox Instant unraveled

Sam Bookman, editor of FierceOnlineVideo, analyzes the market forces that prevented Redbox Instant from becoming a success story. Read more

tw telecom extends fiber, Ethernet connectivity to Minneapolis-St.Paul, Phoenix

tw telecom, which is in the process of being purchased by Level 3, has added Minneapolis-St.Paul and Phoenix as the two latest stops on its ongoing network expansion effort.

Cisco establishes $80M pact with TCL to target China cloud opportunities

Cisco has created an $80 million joint venture with Chinese hardware vendor TCL to establish a foothold in the country's cloud services market.

Report: GTA's owner, Advantage Partners, looks to sell company

GTA's majority owner, Japan's Advantage Partners, has tapped Citigroup to help it find a buyer for its controlling stake in Guam's incumbent telco, reports Reuters, citing people close to the matter.

Juniper lowers Q3 2014 revenue guidance on slower U.S. carrier sales

Juniper Networks has issued lower Q3 2014 guidance, announcing that it expects revenues of $1.1 to $1.12 billion, down from its previous forecast of $1.15 to $1.2 billion. The Sunnyvale, Calif.-based company attributes the decline to lower-than-expected service orders from service providers, particularly those in the United States.

NY governor Cuomo hopes to raise $1B for statewide broadband network

New York Gov. Andrew Cuomo is hoping to dramatically increase the amount of fiber in his state. To do that, he is asking for $500 million in state funds for the NY Broadband Fund--concurrently, he's asking for matching funds from service providers or other parties that want to expand service in parts of the state.

Cincinnati Bell taps ARRIS for its TV Everywhere service

Cincinnati Bell has jumped into the TV Everywhere fray, serving up the app for its growing Fioptics TV service that it says will allow existing and new customers access to video streaming services throughout their home.

Alcatel-Lucent debuts service provider, enterprise customer center in Tokyo

Alcatel-Lucent is giving its service provider and enterprise customers a chance to figure out new potential broadband and cloud-based services by opening a new network center in Tokyo.

Birch revamps brand identity, unveils new product portfolio

Birch Communications, which has been rapidly expanding its portfolio through a series of tuck-in acquisitions, has established new company branding for a new set of product offerings targeting its business customer base.

BT Global to extend Ethernet VPN service to 15 new markets

BT Global Services is enhancing the reach of its flagship Ethernet-based VPN and Internet services across multiple countries, a move that will further boost its competitive stance against front runners like Orange Business Services and other global players.

Counting down the top five wireless job cutters

Whether it's due to exiting a business or improving their balance sheets, companies in the wireless market are making changes that are driving thousands of workers out of their jobs this year.

San Francisco to vote on 'dig once' proposal to accelerate city's fiber network buildout

Some San Francisco city managers see fiber as a key asset for the city, and are considering a proposal that would require workers to install fiber when conducting other road work. Specifically, the proposal would require the city's Department of Technology to install conduit for fiber cable whenever a trench is being dug for electrical or sewer work, reports the San Francisco Examiner.

Comptel's Pickering on setting a new competitive agenda, TDM/IP transition and Telecom Act rewrite

Chip Pickering, one of the key architects behind the landmark 1996 Telecom Act, took over the helm at Comptel as CEO in January. Sean Buckley, senior editor of FierceTelecom, caught up with Pickering at Comptel's fall show to talk about his first nine months on the job and how he sees the growth of Comptel and the changing competitive service provider landscape.

100G adoption drives up OTN switching, P-OTS markets 35%, says Infonetics

As more service providers deploy 100G optical across their networks, it is driving up optical transport network (OTN) and packet optical transport system (P-OTS) revenues for Alcatel-Lucent, Ciena and Infinera, the industry segment's key suppliers.

Report: Cisco's proposed reorganization could affect 25,000 routing, switching employees

Cisco's ongoing reorganization of its routing and switching business into two larger teams could affect up to 25,000 workers, reports Business Insider.