CITIC Telecom Buys Out Macau Telecom for US$1.2 Billion
CITIC Telecom will buy out the entire equity stakes in Companhia de Telecomunicações de Macau (CTM) that are currently held by Cable & Wireless Communications and PT (Portugal Telecom) for...
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Streetline Raises $25 Million for M2M Smart Parking
Streetline, a start-up based in Foster City, California, raised $25 million in Series C funding for its M2M smart parking systems for cities. Streetline says it now has more than...
Guavus Raises $30 Million for Big Data Analytics for Carriers
Guavus, a start-up based in San Mateo, California with R&D in India, closed a $30 million round of new funding to support its big data analytics solutions Guavus specializes in...
American Airlines’ New A320s, 737s Use Both Satellite and Air-to-Ground Internet
Gogo has been selected to install two in-flight connectivity solutions on American Airlines' new Airbus A320 family and Boeing 737 deliveries: Ku-band satellite and Gogo's next generation Air to Ground...
Brocade Wins Permanent Injunction Against A10 Networks
A U.S. court in San Jose, California confirmed a $60 million damages verdict against A10 Networks and entered an order permanently enjoining A10 from infringing on Brocade's patents involving technologies...
AT&T’s Project VIP Will Bring Wireless + Wireline Integration
Project VIP is on track and will deliver multiple benefits to AT&T as its wireless and wireline networks become more tightly integrated, said John Donovan, Senior Executive Vice President -...
Equinix Invests in Fourth Data Center in Tokyo
Citing high demand for data center services in Japan, Equinix announced plans to invest $43 million to build its fourth International Business Exchange™ (IBX®) data center, TY4, in Ōtemachi, Tokyo....
ETNO Looks for Further Deregulation in European Telecom Markets
The European Telecommunications Network Operators' Association (ETNO) will undertake a review of national markets with a goal determining where further deregulation could lead to increased investment. ETNO said the main...
Nokia Tops Q4 Estimates and NSN Hits Record Q4 Profits
Nokia reported good news: sales of Devices & Services exceeded expectations and achieved underlying profitability in the fourth quarter 2012. Specifically, its Mobile Phones business unit and Lumia portfolio delivered...
Mirantis Raises $10 Million for OpenStack
Mirantis, a start-up based in Mountain View, California with offices in Russia and Ukraine, raised $10 million in venture funding for its OpenStack systems integration work. Mirantis' goal is to...
Consumer electronics Revenues Pegged at $209 Billion for 2013
The Consumer Electronics Association (CEA) estimates that revenues for the consumer electronics (CE) industry are projected to grow nearly three percent, reaching a new record-high of $209.6 billion for 2013...
JDSU Hires Susan Spradley as GM of Communications Test and Measurement
JDSU named Susan Spradley as senior vice president of its communications test and measurement business unit. Reporting to David Heard, CommTest’s president, she is responsible for the development and management...
Sandvine Confirms $6.5 Million in Follow-on Orders, Adds Dermot O’Carroll to Board
Sandvine confirmed the receipt of more than $6.5 million in follow-on Network Policy Control orders from a Top-5 Asian communications service provider. Sandvine announced initial orders from the customer in...
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