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BT Openreach will slash the wholesale rental price of its ultra-fast 330Mbps Fibre-to-the-Premises (FTTP) service by 37%.  The wholesale service currently costs £60 a month but it will fall to...

Verizon Communications declared a quarterly dividend of 51.5 cents per outstanding share, unchanged from the previous quarter. Verizon has approximately 2.7 million shareowners and approximately 2.9 billion shares of common...

Nokia will sell its headquarters in Espoo, Finland to Exilion, a local real estate management trust, for EUR 170 million.  Nokia will then lease back the building on a long-term...

ECI Telecom introduced five new Native Packet Transport (NPT) platforms with multidimensional flexibility (capacity, interfaces, protocols) for handling both Ethernet and native TDM traffic in metro networks. ECI's Native Packet...

Plexxi, a start-up based in Cambridge, MA, introduced a Software-defined Networking (SDN) data center switch that creates network connections by implementing efficient topologies based on actual workload needs and by...

Redknee agreed to acquire Nokia Siemens Networks’ Business Support Systems (BSS) business, which provides real-time charging, rating, policy, and customer care solutions to more than 130 communication service providers, for...

Emulex announced an offer to acquire Endace, a supplier of  network visibility infrastructure, for approximately $130 million in cash. Endace, which is based in New Zealand, supplies Intelligent Network Recorders...

Qualcomm Atheros unwrapped a new ultra-low power near field communication (NFC) system-on-chip (SoC) for mobile devices. The QCA1990 boasts an overall footprint that is 50 percent smaller than current NFC...

December 5th marked the second anniversary since the launch of Verizon Wireless' 4G LTE  network.  The company noted the occasion by listing some of its most current operational statistics: More...

Spirent Communications is working with Indiana University’s Software Defined Networking (SDN)/OpenFlow research organization, InCNTRE, to develop the conformance test suites within OFTest, an open source based test solution for OpenFlow...

CipherCloud, a start-up based in San Jose, California, announced $30 million in new venture funding from Andreessen Horowitz for its cloud protection. CipherCloud provides cloud encryption and tokenization gateways to...

Broadcom narrowed its financial guidance for the fourth quarter of 2012 toward the higher end of its previously stated range, or approximately $2.00 to $2.10 billion, due to slightly better-than-expected...

CenturyLink has deployed Infinera's DTN-X platform, featuring 500 Gbps long haul super-channels, on its nationwide fiber optic backbone. The deployment marks a significant Tier-1 win for Infinera's next gen platform....