Analyst anticipates big things from Cisco earnings; First Communications tabs zColo

Wireline news from across the web:

@FierceTelecom RT Slashdot via @cri: Facebook spammers make $20M, get $100K fine. Article | Follow @FierceTelecom

> Stern Agee analyst Shaw Wu is expecting good things from Cisco when the telecom vendor reports earnings May 9 and that the company "is an underappreciated turnaround story similar to what we have seen with Apple, IBM, and EMC in the past. Story

> Regional communications provider First Communications will place its carrier-neutral interconnection and colocation services business in the hands of zColo, the two companies said in a news release.

> Alcatel-Lucent has jacked up its data center switching solution by extending high performance 40 gigabit Ethernet (GigE) links throughout the mesh. News release

> Exposition services contractor NexxtShow has adopted Whaleback's unified communications services, including one-touch communications and multimedia access Polycom phones. News release

And finally... America Movil, the Mexican telecom company owned by Carlos Slim, wants to raise its 4.8 percent stake in Dutch operator KPN and has offered EUR 8 a share, a premium of 24 percent on KPN's 6.48 closing price. Story

Suggested Articles

Telefónica has launched Telefónica Tech Ventures as a new vehicle for its cybersecurity-related investments.

Cogeco Connexion, a subsidiary of Cogeco, will pick up about 100,000 triple play customers with its $405 million deal to buy DERYtelecom.

DataBank is augmenting its traditional data center portfolio with a $30 million investment in EdgePresence.