Buyers prowling the global telecom marketplace in 2012 saw plenty more deals being made, but at much lower valuations, an IDC report says. More than 3,800 deals were made last year, a 14.2 percent rise over 2011 M&A activity.
Reliance Globalcom has lit its Hawk submarine cable in Egypt, adding another 20 Tbps of capacity that it says will enable consistent capacity levels between Europe, the Middle East, and India. The subsea network also includes a landing point in Cyprus, providing an alternative route to the troubled North Africa region.
Three of the largest independent wireline telcos--CenturyLink, Frontier, and Windstream--have sent a letter to the FCC asking them to provide additional Connect America Fund Phase I money to extend broadband into more rural locations.
Level 3 and tw telecom have been named as official service providers to federal agencies in the eight-state Southeast region for the General Services Administration.
Upgrading their last-mile networks to fiber to the home helped small- and medium-sized telcos see an average operational cost savings of 20.4 percent annually, a new FTTH Council Americas report said.
Verizon Communications is teaming with New York City to test a way to more quickly deploy fiber in the city. According to Bloomberg, this pilot program will use a technique called "micro-trenching" that will allow Verizon to carve shallow grooves in the ground to deploy fiber.
While T-1 and E-1 MPLS IP VPN port prices have fallen 12 percent globally, a new TeleGeography report revealed that prices continue to vary by region and even within regions.
Verizon is taking on the rampant copper theft problem in its Pennsylvania market by offering up to $50,000 for information that leads to the arrest and prosecution of anyone who has stolen copper cable in Lawrence and Washington Counties.
Tech Valley Communications (TVC), a regional competitive fiber-based provider owned by Riverside Partners, on Tuesday reached an agreement to acquire Vermont-based TelJet's fiber and colocation assets.
Plenty has already been written about last week's distributed denial of service (DDoS) attack targeting the servers of Spamhaus, an organization that fights email spam. With the event past, one remaining point is that the attack, which flooded exchange points with data at a rate of 300 Gbps, is the beginning of large-scale DDoS campaigns using shifting tactics to exploit infrastructure vulnerabilities.