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

Wireline news from across the web:

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> 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