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Etisalat Makes a $4 Billion Investment in its Fiber Optic Infrastructure
The United Arab Emirates (UAE) Telecommunications Corporation etisalat has spent AED15bn (approximately $4B U.S. dollars) to develop its fiber optic network, said its CEO, Saleh Al Abdouli. He added that this is a long-term investment which will contribute to the process of sustainable development in the UAE and to achieve network readiness in the country.
10/17/2012 12:29:18 PM
Genesis Group Gains $40M in Revenue with Acquisition of ADEX Corporation and TNS, Inc.
Genesis Group Holdings, Inc. recently confirmed the filing of a Form 8K with the SEC on Friday, September 21, over its acquisition of ADEX Corporation and TNS, Inc. While ADEX Corporation is an Atlanta-based telecommunications service provider, TNS, Inc. is a Chicago-based structured cabling company specializing in distributed antenna system (DAS) installations.
9/26/2012 9:31:09 AM
Zayo Group to Acquire AboveNet for $2.2 Billion
Zayo Group, LLC, a national provider of fiber-based bandwidth infrastructure and network-neutral colocation and interconnection services, is all set to acquire AboveNet for approximately $2.2 billion.
3/20/2012 6:05:08 PM
China, U.S. Powering Strong Broadband Adoption Rates
More than 17 million households made the move to broadband in Q3 of 2011, marking the strongest quarterly growth rate in more than two years, according to a Broadband Forum study compiled by Point Topic.
1/16/2012 4:39:45 PM
Calix B6 ESAN to Help Bledsoe and Millington Bring Advanced Broadband Services
Calix, a provider of solutions for access innovation, asserted that its Calix B6 Ethernet Service Access Node (ESAN) has been selected by Bledsoe Telephone Cooperative (Bledsoe) and Millington Telephone Company and Cable TV (Millington), both Tennessee based broadband stimulus winners, to deliver advanced broadband services.
8/26/2011 8:52:59 AM
Calix B6 Chosen for Broadband Stimulus Initiative in Kentucky
Peoples Rural Telephone Cooperative has chosen the Calix B6 Ethernet Service Access Nodes to provide fiber-based broadband services to Jackson and Owsley counties in Kentucky. PRTC, the Broadband Stimulus Award winner, will deploy gigabit passive optical network (GPON) technology and deliver superior services over fiber. The services would include expanded digital television services, extremely fast data services, and high quality voice over Internet protocol (VOIP) services to residences and businesses numbering well over 3500.
7/14/2011 3:25:08 PM
UTStarcom Receives Final Acceptance Certificate of $10 Million Contract from Jersey Telecom
UTStarcom, Inc., a provider of interactive, IP-based network solutions in iDTV, IPTV, Internet TV and Broadband for cable and telecom operators, has received a final acceptance certificate on a $10 million contract of next generation core telecoms network (NGN) from Jersey Telecom Limited (JT).
6/16/2011 7:45:01 AM
Three Kansas Broadband Stimulus Winners Choose Calix for Regional Projects
Calix, Inc. recently announced that three Kansas Broadband Stimulus award winners, namely H&B Communications, Inc. (H&B), JBN Telephone Company, Inc. (JBN), and Home Communications, Inc. (HCI) have each selected Ethernet eXtensible Architecture (EXA) Powered Calix access platforms and the 700GE/GX family of optical network terminals (ONTs) to provide their rural subscribers with advanced broadband services.
6/15/2011 8:41:25 AM
Calix Selected as Access Supplier for Kansas Broadband Stimulus Awardees' Fiber Forward Initiatives
In an effort to bring advanced broadband services to rural Kansas communities, three Kansas Broadband Stimulus award winners have picked Calix, Inc. as access supplier to address their 'Fiber Forward' initiatives.
6/14/2011 6:53:46 PM
The Why of Broadband
Even with all of the investment and development of broadband communications infrastructure going on around the world today, it still seems that some people are not sure what the end results will be, or actually produce in terms of gains in productivity, output, etc. Knowing what the output will be is the why anyone would input investment. Beyond the why is the how. That piece gets a lot easier once the fire is lit, but there are many challenges in building the exact right thing to deliver on the vision.
5/5/2011 1:50:25 PM
Colocube Joins Equinix to Provide Enterprise Hosted Solutions
Equinix, Inc. global data center services company Equinix has announced that Colocube, LLC, a has joined Platform Equinix in its International Business Exchange. The move will allow Colocube access to Equinix's Global Market which currently spans 35 countries, the company will also be granted strategic placement in the Atlanta market where Equinix is located.
3/2/2011 3:13:04 PM
RagingWire Secures $75 Million In Credit Facilities
RagingWire Enterprise Solutions, Inc., Northern California's premier data center and collocation services provider, has secured a total of $75 million in multi-year, low-interest credit facilities. These credit facilities will provide RagingWire with the necessary financing to support the tremendous growth underway on their new Sacramento Data Center Campus and other sites under consideration.
2/4/2011 2:51:06 PM
ITEXPO East: TelPlexus President Offers Insight on Negotiating Broadband Stimulus Process
Living through the broadband stimulus has been a rocky ride for many service providers, and helping independent telcos as they work to build networks based on those funds continues to be an interesting experience, says Rick Peppers, president of engineering firm TelPlexus. Peppers talked to TMCnet today during ITEXPO East in Miami.
2/1/2011 3:57:16 PM
Pivotal Group Acquires Global Capacity
Pivotal Group, a diversified investment company primarily focused on private equity and real estate, announced the acquisition of $65 million of Global Capacity's convertible debentures and debtor-in-possession financing.
1/20/2011 9:25:45 AM
Zhone Tech's MXK Platform Used for Broadband Stimulus Project Providing Dark Fiber Connectivity
Zhone Technologies, Inc. is a company that is focused on FTTx network access solutions. The company recently announced that it has expanded its relationship with Hardy Telecommunications, Inc. in order to include a new broadband-stimulus funded project that in cooperation with Zhone's partner Goldfield Telecom will provide both dark fiber and copper connectivity to the underserved rural mountain communities of Hardy County, W.Va.
1/11/2011 1:31:37 PM
Hibernia Atlantic Receives $250 Million Commitment for Dark Fiber Project
Hibernia Atlantic, an American-owned, diverse transatlantic high-bandwidth connectivity provider, has received a $250 million financing commitment for Project Express, the lowest latency fiber optic cable system connecting the greater New York City area with London, from one of its vendors, Huawei Marine Networks Co., Ltd
1/7/2011 9:35:40 AM
Hardy Telecommunications Selects Zhone Technologies' MXK Platform
Hardy Telecommunications, Inc. has selected Zhone Technologies' MXK Platform as foundation of $34.8 million broadband stimulus project.
1/5/2011 8:39:30 AM
Time Warner Cable Invests $120 Million in Southern California Telecommunications Infrastructure
Time Warner Cable has announced that it has spent $120 million to bolster its fiber optic telecommunications infrastructure in Southern California, enabling itself to offer the service to an additional 125,000 businesses in the region.
12/15/2010 2:38:44 PM
Halstad Telephone Company Selects ADC's Dark Fiber Management Solution
Halstad Telephone Company (HTC), a three-time winner of stimulus funding awards provided by the American Recovery and Reinvestment Act of 2009, has opted for ADC's dark fiber connectivity and management solutions to manage its FTTP network.
12/7/2010 1:31:46 PM
The Switch and Verizon Sign Digital Fiber Expansion Deal
Beers Enterprises, Inc., (BEI), the operator of The Switch, signed a deal with Verizon to expand its national digital fiber transport services. With this agreement, it can offer high-definition video services to all 31 states and Washington, D.C.
12/2/2010 8:42:31 AM
Mountain Rural Telephone Picks Occam's Platform to Deliver High-Speed Broadband Services
Occam Networks, a broadband access solutions provider, claimed that its BLC 6000 multiservice access platform (MSAP) is going to help Mountain Rural Telephone Cooperative Corporation (MRTC) deliver high-speed broadband services across four counties in eastern Kentucky.
11/2/2010 2:49:51 PM
Bell Aliant Introduces 170 Mbps Broadband Access Service
Bell Aliant, based in Saint John, New Brunswick, Canada, is using its fiber-to-home network to create a 170 Mbps broadband access service costing Canadian $249 a month (about US $246). The service also features and upstream bandwidth of 30 Mbps.
11/2/2010 9:29:44 AM
PMC-Sierra Buys Wintegra to Accelerate Entry Into Mobile Backhaul
Internet infrastructure semiconductor solutions provider PMC-Sierra, Inc., has inked a definitive agreement to acquire Wintegra Inc., a provider of network processors optimized for mobile backhaul equipment.
10/25/2010 12:21:55 PM
Economic Development Execs Think Broadband Promotes Development
It would come as no surprise that people working in the economic development business for local government think broadband promotes or even causes some amount of local economic development. Most of us likely would agree that lack of broadband can discourage economic development, at least in the form of business relocations to an area, or housing growth that brings in new residents from outside the region.
10/19/2010 3:59:03 PM
i/o Data Centers Raises $200 Million for Facilities Expansion
i/o Data Centers recently announced the closing of a whopping $200 million in two financings, which include a $130 million senior long-term credit facility led by Wells Fargo Bank, as administrative agent, and Wells Fargo Securities, as sole lead arranger and sole book manager. The other one was a $70 million secured facility led by Caterpillar Financial Services Corporation.
10/15/2010 3:51:50 PM
Wiktel and Reedsburg Pick Calix Unified Access Portfolio to Address their 'Fiber Forward' Initiatives
Calix has stated that Wikstrom Telephone Company, Inc. (Wiktel) and Reedsburg Utility Commission (Reedsburg) have selected the Calix Unified Access portfolio to address their respective "Fiber Forward" initiatives. Both Wiktel and Reedsburg are broadband stimulus award winners.
10/7/2010 4:26:19 PM
Ofcom Makes BT Allow Competitors Have Access to Link Over Fiber Lines
U.K. communications regulator Ofcom is requiring British Telecom (BT) to allow its competitors to have access to a link over BT's new fiber lines. Ofcom said the decision would support the U.K. government's plan to roll out super-fast broadband across the country.
10/7/2010 3:56:51 PM
Rogers Communications to Acquire Atria Networks
Privately owned by Birch Hill Equity Partners, Atria owns and operates a large fibre-optic networks in Ontario. Atria serves a diverse customer base of more than 1,100 customers spanning the public sector, enterprise and carrier providers. The agreement is subject to certain adjustments, according to Rogers, which expects the transaction to close prior to the end of its first quarter, 2011.
10/6/2010 9:49:36 AM
Clearfield's and Miniflex's Multi-Fiber Unified Solution Will Enable Cost-effective Fiber Deployments
Clearfield, Inc., the specialist in fiber management solutions for Fiber to the Premises (FTTp) deployments, has partnered with Britain's Miniflex to develop and supply Miniflex product line for the U.S. marketplace.
9/15/2010 3:24:34 PM
Windstream Agrees to Acquire Q-Comm for $515 Million
Windstream Corp. is busy expanding its reach in the marketplace. The company has agreed to acquire Q-Comm Corp., a privately held fiber-optic network operator. The deal is said to be worth $515 million in cash and stock, according to a recent Wall Street Journal report.
8/18/2010 5:23:59 PM
SC Telcom, Madison Telephone Leverage Calix Fiber Access Technology
Broadband Stimulus award winners South Central Telephone Association (SC Telcom) and Madison Telephone, LLC (Madison Telephone) have selected the Calix Unified Access portfolio to address their respective " Fiber Forward" initiatives.
8/5/2010 3:57:08 PM
Businesses Subsidize Consumers
Data from Point Topic on the worldwide cost of business and residential bandwidth indicates some interesting patterns. Businesses are subsidizing consumers, which isn't surprising since that has always been the telecommunications model. But the best place for a business to be is in North America and the worst place for consumers is … can you guess? It's North America.
8/3/2010 3:49:17 PM
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