Tekelec sold to private equity firms for $780M; Graybar reports $1.45B in Q3 sales

Wireline news from across the Web:

@FierceTelecom RT @BW Carlos Slim's move into Web TV draws protests of piracy from rivals. Article | [email protected]FierceTelecom

> Tekelec will be acquired by a consortium of private equity firms led by Siris Capital Group for $780 million. Article

> Randall Stephenson was named Total Telecom's CEO of the Year at the 13th annual World Communication Awards. Release

> Tellabs CEO Rob Pullen and CFO Tim Wiggins will present at the upcoming UBS and Credit Suisse conferences in November. Release

> Hong Kong's PCCW will launch an IPO of its telecom business tomorrow, according to two anonymous sources. Article

> French fiber service provider Covage will be the lead provider on the extension of the Nantes metro area "Omega" fiber network from 170km to 350km. Article

> Graybar, a distributor of electrical, communications and data networking products, reported Q3 net income of $32.5 million and $1.45 billion in net sales. Release

And finally ... Alcatel-Lucent's Bell Labs has developed a robotic-based video conferencing tool called the "Nethead." Article

Suggested Articles

Windstream Enterprises has upgraded its WE Connect Management Portal to give users more visibility across their SD-WAN networks.

As further validation to split IBM up, Big Blue's cloud division posted double-digit revenue in the third quarter.

Cisco announced a new routing portfolio with its Catalyst 8000 Edge family of products that were designed for multi-cloud, SD-WAN and SASE use cases.