News

Frontier gets final PURA approval for AT&T Connecticut wireline asset acquisition

Frontier Communications has cleared the last major hurdle in its pending purchase of AT&T's wireline operations in Connecticut as the State of Connecticut Public Utilities Regulatory Authority (PURA) has given its final approval of the acquisition.

Adtran's Q3 revenues dip to $163M on slower enterprise, European sales

Adtran reported that its third-quarter 2014 earnings declined to $162.9 million year-over-year from $177.4 million due to a decrease in its European business and slower enterprise sales.

CenturyLink, Frontier say CAF-II should support 10/1 Mbps in all high-cost areas

CenturyLink and Frontier Communications say in a joint filing that the second phase of the FCC's Connect America Fund (CAF-II) should support the regulator's 10/1 proposed broadband definition in all rural areas they serve today.

FiberLight taps Ciena's platforms for South Florida optical overlay build

FiberLight has employed Ciena's 6500 converged packet optical platform and 5160 Service Aggregation switch for an optical network overbuild of its South Florida network, a move it says will enable it to better respond to higher speed requirements from its mix of business and wholesale customers.

Data center SDN sales will jump 65% this year, says Dell'Oro Group

Sales of software-defined networking gear for Data Centers is on the rise and will likely jump 65 percent this year, according to new research from the Dell'Oro Group.

Zayo, Netflix partner on Florida Internet Exchange

Zayo's zColo division is teaming with Netflix to sponsor and house FL-IX, a non-profit peering group that will serve the southeastern U.S. and Latin America. Besides Netflix and Zayo, FL-IX's other members include Akamai, CloudFlaire and Host.Net. These members are all actively seeking peering partnerships.

FirstLight Fiber wraps its G4 Communications acquisition

FirstLight has put the finishing touches on its acquisition of all of New Hampshire-based G4 Communications' assets, including its entire customer base and its Manchester, N.H.-based data center.

AT&T hatches plans to bring 1 Gig to 4 new cities

AT&T is expanding its 1 Gig fiber-to-the-premises (FTTP) program with plans to bring the U-verse GigaPower service to four cities.

Nielsen's software glitch exacerbates battle with rival Rentrak TV

A recent software issue that affected Nielsen's C3 ratings has given its new competitor Rentrak fuel to ramp up its battle with the incumbent TV ratings company.

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.