ALSO NOTED: Telecom New Zealand refocuses; Cisco bets big in China; and much more...

> Telecom New Zealand reports flat quarter and looks to move away from telephone tradition. Article

> Cisco Systems says it will invest $16 billion in China over the next five years. Article

> China Netcom expands into Europe with new London office. Article

Suggested Articles

The data center sector is on track for another record year for mergers and acquisitions, according to Synergy Research Group.

VMware announced on Friday that it's buying privately held Veriflow to beef up its pervasive network monitoring and troubleshooting capabilities.

Cisco has axed 488 employees, according to a filing with the State of California.