UPC Gains Court Approval for Chapter 11 Plan to Convert Debt to New Equity
United Pan-Europe Communications N.V. (UPC) was granted approval for its Chapter 11 plan of reorganization by a U.S. bankruptcy court. ...
Corona Optical Systems Raises $7.5 Million for Parallel Optics
Corona Optical Systems, a start-up based in Lombard, Illinois, raised $7.5 million in its Series B round of funding. The ...
Nominum Raises $10 Million for its IP Address Management Software
Nominum, a start-up based in Redwood City, California, closed a $10 million round of series C financing to support its ...
FutureSoft Adds Support for Intel's Latest Network Processors
FutureSoft announced source code software support for Intel's newest IXP4XX product line. FutureSoft's access solutions for the IXP4XX network processor ...
Nortel Networks' CEO Sees Market Stabilizing
The global networking business is showing signs of stabilization, said Frank Dunn, president and CEO of Nortel Networks, in a ...
VNCI Acquires WilTel Communications' Webcasting Business
Video Network Communications Inc. (VNCI) agreed to acquire WilTel Communications' webcasting business for an undisclosed sum. The unit provides webcasting ...
Tauzin Blasts FCC, Calls New Hearing
U.S. House Energy and Commerce Committee Chairman Billy Tauzin (R-Louisiana) blasted this week's FCC ruling on unbundled network element requirements ...
CIENA Reports Revenue of $70.5 million, up 14% Sequentially
CIENA reported revenue of $70.5 million for the quarter ended January 31, up 14% over the previous period. There was ...
Force10 Networks Closes $41 Million for its 10GigE
Force10 Networks, a start-up based in Milpitas, California, closed $41 million in new funding to support its line of 10-Gigabit ...
Verizon Certifies Independent Labs to Evaluate New Central Office Equipment
Verizon has certified eight independent laboratories to test vendors' equipment for use in its telecommunications network. Under the new program, ...
mPhase and Lucent Partner on TV over DSL
mPhase Technologies is teaming with Lucent Technologies to deliver a TV-over DSL solution. mPhase offers a digital set top box ...
Hollywood.com and Wavexpress Launch Broadband PC Channel
Wavexpress and Hollywood.com launched a broadband PC channel delivering high-resolution, full-screen Hollywood-related programming. The MoviePick service uses a proprietary player ...
ITXC Opens Internet Telephony SuperPoP in Frankfurt
ITXC opened a new switchless carrier class telecommunication facility at Ancotel's co-location center, in Frankfurt, Germany. By interconnecting standard fractional ...
A private dossier for networking and telecoms