Tyco Electronics reports 'outstanding' fiscal third quarter; NTELOS launches $125 million loan financing

> Tyco Electronics (NYSE: TEL), which recently made a move toward the cable and broadband device space with its acquisition of ADC, reported an "outstanding" fiscal third quarter and is raising its outlook for the fourth quarter, according to CEO Tom Lynch.  News release.

> Wireless and wireline communications services provider NTELOS (NASDAQ: NTLS) is arranging an incremental term loan of $125 million to fund its recent FiberNet acquisition. The holding corp. also plans to release its second quarter earnings results on August 5. News release.

> AboveNet, Inc. (NYSE: ABVT) will report its second-quarter earnings on Friday, August 6, before the market opens. News release.

> Jumping into the cool technology category (the one in my mind, anyway) is Comtrend Corp.'s newest Beamlink Wireless Video Adapter. It's a carrier-grade WiFi-based HD access point and client that can distribute multiple high-definition IP video streams throughout the home. That's wireless whole-home DVR. Details here.

> Frontier Communications (NYSE: FTR) doesn't agree with the FCC's assessment of the pace and reach of broadband in the U.S. "Even with an average density of just 13 homes per square mile, Frontier has delivered High-Speed broadband service to 92 percent of the homes and business in its legacy territories," says Steve Crosby, SVP of Government and Regulatory Affairs. News release.

And finally... Frost & Sullivan has awarded its Product Differentiation Excellence of the Year in the DSL Test and Measurement Market to Aware, Inc. (Nasdaq: AWRE) for its Dr. DSL Line Diagnostics Platform. News release.

Suggested Articles

BT Ireland and Huawei are laying claim to the first 1.2 Tb/s transmission real-time trial based on a commercial product platform in a live network.

Google Fiber announced this week it was pulling the plug on its 100 Mbps service to new customers in order to just offer its gigabit service.

MEF outlined an ambitious roadmap at last month's MEF19 conference that included deeper partnerships with cloud providers using the LSO Sonata APIs.