Alcatel-Lucent reported that strong sales across its three IP networking segments helped boost its Core Networking revenues 11 percent to $1.8 billion, but softness in its Submarine Networks division drove it to forecast flat revenues for the year 2015.
NTT Communications continues to scale the speed of its global network, announcing that the capacity on its Japan to United States route surpassed 1 Tbps this month.
The FCC voted to approve new rules that would require submarine cable operators to report outages to the regulator, an initiative that could hold operators more accountable.
The FCC plans to extend mandatory reporting on service outages to submarine cable systems by issuing a notice of proposed rulemaking during its monthly meeting in September.
Apple reportedly has become the latest content provider to decide that building its own network to provide a speedier lane for its content is better than using traditional pipes from incumbent providers.
Hibernia Networks has locked in a deal with Zayo Group that will give Zayo customers a secure, high-speed extension to Europe as part of the new Hibernia Express transatlantic cable currently being deployed. As the first high-speed fiber optic cable that's been laid between Europe in North America in more than 12 years, the cable will provide 100 Gbps transmission capacity between the two continents.
Level 3 Communications has made an extension to the SAC-1 submarine cable with a new branch to a cable station in Buenaventura on Colombia's Pacific coast near Cali, according to a recent FCC filing.
TE Connectivity has confirmed that it has agreed to sell its telecom and data equipment business to CommScope for $3 billion.
Seaborn Networks, the operator of the Seabras-1 submarine cable offering service between New York and Sao Paulo, has gained new financing from private equity firm Partners Group.
Hibernia Networks is connecting its Express submarine cable to Cork, Ireland, via the buildout of a new cable landing station, giving area service providers and businesses access to North America and the U.K.