Contributor

Mark Donahue Mark Donahue is an associate editor for Telephony magazine. Previously, he worked in The Associated Press’ Chicago bureau, as well as two trade publications. He graduated from...more

Archive for May 11th, 2009

AT&T, NEC, AND CORNING RESEARCHERS COMPLETE ANOTHER RECORD- BREAKING FIBER CAPACITY TEST

AT&T, NEC, AND CORNING RESEARCHERS COMPLETE ANOTHER RECORD- BREAKING FIBER CAPACITY TEST


Researchers Successfully Transmit Data at 32 Terabits Per Second On A Single Optical Fiber Over 580 Kilometers, Advancing Development of Next-Generation Broadband Network Technology


MIDDLETOWN, NJ, PRINCETON, NJ, and CORNING, NY, May 11, 2008 – AT&T*, NEC Corporation of America and Corning Incorporated today presented the results of another record-setting optical fiber transmission capacity test, using emerging network technologies to transmit data at 114 Gigabits per second over each of 320 separate optical channels on a single, 580-kilometer optically amplified link, resulting in a total bandwidth capacity of 32 Terabits per second.

The new result exceeds the bandwidth capacity of the previous record-setting test by 25 percent, and transmits it over more than twice the distance. The latest milestone, presented recently at the Optical Fiber Communication Conference & Exposition and National Fiber Optic Engineers Conference (OFC/NFOEC) in San Diego, Calif., advances development of 100 Gigabit technologies, which are expected to be finalized and ready for deployment within the next few years to boost capacity in carrier backbone networks.

Advancing the capacity of fiber-optic connections is vital to the continued growth of the Internet and IP-based services and applications. As traffic from wireless and wired broadband devices continues to grow, communications carriers and equipment providers must continually innovate to expand and enhance the capability of core networking technologies like 100 Gigabit connectivity.

“IP traffic on the AT&T network is growing at about 45 percent year over year, so groundbreaking research efforts like this are critical to our ongoing efforts to stay ahead of our customers’ rapidly evolving and expanding needs,” said Peter Magill, executive director of optical systems research, AT&T Labs. “In setting this new bandwidth capacity record, we used a transmission method that enables better management of the interference that can result from operating 320 wavelengths over a single fiber-optic link. To do so, we used a new way to generate such signals and a new signal-processing algorithm to receive them again. We’re looking forward to further testing of these techniques and the additional bandwidth advances that may come from it.”


The laboratory link was composed of seven spans, each containing a single-stage Erbium-doped fiber amplifier (EDFA) for both the C- and L-band and a section of Corning® SMF-28® ULL fiber, an ITU G.652 compliant ultra-low-loss optical fiber.

“NEC has been relentless in pushing forward-looking research and development of advanced optical networking technology to help carriers meet the growth in network traffic,” said Ting Wang, department head, Optical Networking, NEC Labs America. “This exciting achievement demonstrates the feasibility of packing 320 channels on one fiber with 25GHz spacing.”

“There are still several challenges, including maturity and cost efficiency, to overcome before the deployment of such a high transmission rate over a single fiber, but we are definitely closer,” added Milorad Cvijetic, vice president and chief technology strategist, Optical Network Systems Division, NEC Corporation of America.

“As the foundation of telecommunications networks, optical fiber innovation can help enable carriers to cost effectively keep up with ever-growing traffic demands”, said Barry Linchuck, director of marketing, Corning Optical Fiber, Corning Incorporated. “Corning’s recent innovation of ultra low-loss, high-performance fiber enables network operators to achieve higher capacities per fiber at the operating distances they need.”


*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.


About AT&T

AT&T Inc. (NYSE:T) is a premier communications holding company. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation’s fastest 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. AT&T offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verseSM and AT&T │DIRECTVSM brands. The company’s suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T’s Yellow Pages and YELLOWPAGES.COM organizations are known for their leadership in directory publishing and advertising sales. In 2009, AT&T again ranked No. 1 in the telecommunications industry on FORTUNE® magazine’s list of the World’s Most Admired Companies. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com.


© 2009 AT&T Intellectual Property. All rights reserved. 3G service not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.


About NEC Corporation of America

NEC Corporation of America is a leading technology provider of network, IT and identity management solutions. Headquartered in Irving, Texas, NEC Corporation of America is a North America subsidiary of NEC Corporation, and delivers technology and professional services ranging from server and storage solutions, IP voice and data solutions, optical network and microwave radio communications to biometric security, virtualization and digital cinema solutions. NEC Corporation of America serves carrier and both SMB and large enterprise clients across multiple vertical industries. For more information, please visit www.necam.com.


© 2009 NEC Corporation of America. NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned are the trademarks of their respective owners.


About Corning Incorporated

Corning Incorporated (www.corning.com) is the world leader in specialty glass and ceramics. Drawing on more than 150 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy and metrology.


# # #

Digg Syndication Del.icio.us Syndication Google Syndication MyYahoo Syndication Reddit Syndication

Comments Off

Email This Post Email This Post

Related Topics: Other |

Enhance Technology, Inc. partners with Newegg.com to Provide Storage Systems for Online Shoppers

This alliance with the popular online retailer will enable easy access and quick delivery of ETI’s products. 


Santa Fe Springs, Calif. – May 1, 2009 – Enhance Technology, Inc. (ETI), the industry leader in SMB and enterprise storage systems today announced a strategic partnership with Newegg.com, the second-largest online-only retailer. This venture will establish a new distribution option so end users can purchase up to 19 various ETI products at the click of a button.


Newegg.com will carry a range of ETI’s products from desktop, RAID and rackmount arrays all the way to enterprise class systems and appliances.


We look forward to growing our business with Newegg,” said Steven Huang, General Manager of ETI. “They are a very strong ally in our efforts to reach quickly and effectively a broad range of consumers, SMBs and enterprises and represent our Enhance Technology’s award-winning storage product lines.”


The partnership between ETI and Newegg with their award-winning online retail platform and superior customer service, will give shoppers a quick and convenient access to a variety of storage arrays. Online shoppers will have access to the EnhanceBOX E Series Desktop storage arrays, EnhanceRAID Rackmount storage systems, EnhanceRAID T Series Desktop storage and multi-disk backplane & removable storage modules. For a full list of available products, please visit www.newegg.com.


 


About Enhance Technology


Founded in 1997, Enhance Technology designs and manufactures high performance storage systems and products for the digital content creation, medical imaging, security surveillance, data archive applications, and IT market spaces. Headquartered in Santa Fe Springs, California with an Asian branch in Taipei Taiwan and a newly established European branch in Germany, Enhance Technology has become a world leader in hybrid I/O storage design and development. For more information about Enhance Technology, please visit www.enhance-tech.com or contact your local dealer.


 


###


Media Contact:


Fazel Adabi


Marketing & PR Specialist


Tel: 562-777-3488 ext. 108


Email: fazel@enhance-tech.com

Digg Syndication Del.icio.us Syndication Google Syndication MyYahoo Syndication Reddit Syndication

Comments Off

Email This Post Email This Post

Related Topics: Other |

ANDA Networks Launches EtherProbe Products for End-to End Real-Time Ethernet Performance Monitoring

ANDA Networks Launches EtherProbe Products for End-to End Real-Time Ethernet Performance Monitoring


First “Ethernet Service Verification Tool In–a-Box” Enables Real-Time, Non-Intrusive SLA Monitoring Offering Carriers a Cost Effective Path to Carrier Ethernet 2.0 Services


SUNNYVALE, Calif.–(BUSINESS WIRE)–ANDA Networks, the leader in carrier-class fiber and copper-based access network platforms, today launched its new EtherProbe™ series products, the first stand-alone Ethernet traffic monitoring and service level agreement (SLA) verification solution, fully contained within the customer network terminating equipment (NTE). Using ANDA’s new EtherProbe capabilities provides carriers with new revenue-generating Carrier Ethernet 2.0 capabilities while also reducing management OPEX and equipment CAPEX.


Integrated hardware and software tools within the EtherProbe units eliminate the need for adjunct probes, remote test sets, and external data collection tools on either end of the transmission link. Service providers and enterprise end users now have a cost-effective way to remotely monitor real-time network performance, detect degradation, and automatically switch to back-up paths for their Ethernet based WAN connections.


Using ANDA’s new EtherProbe integrated NTEs, carriers benefit from intelligent end-to-end Ethernet demarcation with enhanced performance monitoring capabilities including tracking and measurement of key performance metrics such as throughput, packet loss, jitter, delay, and delay variation as just a few examples. More importantly, measurements are obtained in-line and in real-time with actual customer traffic flows without disrupting their service performance. Because such metrics are readily available and accurate on a real-time basis, carriers can easily implement and enforce relevant service level agreements without having to disrupt customers’ services to run performance tests as with typical RFC2544 measurements.


“A key goal of Carrier Ethernet 2.0 is the delivery of overall management and control plane capabilities enabling service providers to rapidly order, provision, manage and bill for their Ethernet services,” said Stan Hubbard, senior analyst for Heavy Reading. “EtherProbe offers service providers end-to-end network visibility without unnecessary network elements and restores to Ethernet networks the lost visibility and performance monitoring that carriers and large enterprises had with traditional SONET/SDH TDM based networks. Operators gain the end-to-end capability to deliver superior Ethernet cost/performance backed by revenue-generating SLA’s with customer-centric guarantees.”


Available for immediate release are the EtherProbe 1006 for Ethernet-over-fiber connectivity and the EtherProbe 2108 products for Ethernet-over-copper based T1/E1 circuits. The new EtherProbe products are the first EtherTone access devices carrying the integrated real-time performance monitoring capabilities. The EtherProbe 1006 is used in Ethernet-over-fiber applications supporting up to 6 10/100/1000BT or GigE SFP connections and can monitor hundreds of flows. Flows can be defined as ports, VLANs, PBT tunnels or as granular as EVCs within defined VLANs or PBT tunnels. The EtherProbe 2108 is optimal for providing Ethernet-over-TDM (bonded T1/E1 circuits) ideal for monitoring and terminating mid-band Ethernet connections over the existing copper network or wireless backhaul circuits typically using leased line T1/E1 infrastructure.


Only EtherProbe gathers data inline with the customer’s traffic in real time, directly from the NTE over any type of network infrastructure. Previously, data could only be derived and approximated at link set-up or during a test situation. By evaluating link behavior non-intrusively while the actual traffic is running, EtherProbe provides carriers with actual rather than simulated data, generating higher quality results, without requiring additional special equipment such as remote test probes.


EtherProbe-enabled devices monitor every byte of every packet, in real time, hop-by-hop, end-to-end and can proactively inform the service provider when network performance has degraded below pre-determined customer SLA levels. EtherProbe can be configured to proactively provide alarms to the service provider and/or customer via customized threshold settings, or trigger a protection switchover to an alternate path in sub50 msec for mission-critical applications requiring high up-time and network resiliency. EtherProbe provides 24 hours of data storage within the NTE, in one-second intervals and can also be integrated with popular performance management tools, element and network management systems either via standard SNMP or common data export file formats for historical trending analyses.


“Carriers are looking to increase their ARPU by offering more highly segmented service level agreements,” notes Charles Kenmore, ANDA Networks CEO. “By adding EtherProbe to our carrier class, market leading Ethernet access devices, we offer service providers greater control of their networks with true end-to-end network visibility and resiliency. These capabilities enable new revenue sources through new applications specific service offerings from SLA’s backed by EtherProbe-generated data while minimizing the OPEX to actually manage their networks. This fulfills our vision of Carrier Ethernet 2.0.”


The new EtherProbe 1006 and 2108 series for either fiber or copper based access networks are available immediately for new deployments. For the over 20,000 ANDA platforms already customer deployed, ANDA has an optional no-truck roll upgrade for existing ANDA EtherTone® portfolio devices providing an easy migration path for adding real-time performance monitoring of Layer-2 traffic flows.


ANDA will be demonstrating EtherProbe at the Light Reading Ethernet Expo Europe 2009, May 13-14.


About ANDA Networks


ANDA Networks, Inc., headquartered in Sunnyvale, CA, provides Carrier Class Ethernet platforms delivering cost-effective Metro Ethernet services over fiber, copper and wireless access networks worldwide. Over 20,000 platforms deployed on several tier-one carriers’ networks globally, ANDA’s Metro Ethernet Forum (MEF) certified access products allow carriers to solve bandwidth and functionality limits, effectively facilitating migration to next-generation network services. The ANDA EtherTone® family of products enable carriers to deliver Ethernet private lines, converged VoIP, and circuit-to-packet managed services by leveraging highly economical Ethernet technology. For more information, please visit http://www.andanetworks.com.


ANDA, EtherProbe, EtherView, EtherTone, EtherEdge, EtherReach and EtherSLAM are registered trademarks or trademarks of ANDA Networks. Other trademarks are the property of their respective owners.

Digg Syndication Del.icio.us Syndication Google Syndication MyYahoo Syndication Reddit Syndication

Comments Off

Email This Post Email This Post

Related Topics: Other |

Windstream to acquire D&E Communications

Windstream to acquire D&E Communications


• Nearly doubles company’s operating presence in Pennsylvania with addition of approximately 165,000 access lines and about 44,000 high-speed Internet customers

• Expands CLEC operations with addition of seven markets in Pennsylvania

• Provides opportunity to generate significant synergies and operating efficiencies with contiguous markets

• Accretive to free cash flow in first full year and reduces dividend payout ratio


Release date: May 11, 2009


LITTLE ROCK, Ark. - Windstream Corporation (NYSE: WIN) announced today that it has entered into a definitive agreement to acquire D&E Communications (NASDAQ: DECC), based in Ephrata, Pa., in a transaction valued at approximately $330 million.

D&E Communications shareholders will receive 0.650 shares of Windstream stock and $5 in cash per each D&E share under terms of the agreement approved by the board of directors of both companies. Windstream expects to issue approximately 9.5 million shares of stock valued at $86 million, based on the company’s closing stock price on May 8, 2009, and pay approximately $73 million in cash as part of the transaction. Windstream also will assume estimated net debt of approximately $171 million. Windstream intends to finance the acquisition with existing cash and current capacity on its revolving credit agreement.

“D&E Communications is an exceptional, well-run company with a quality network that is 100 percent broadband capable,” said Jeff Gardner, president and CEO of Windstream. “These properties significantly expand our operations in Pennsylvania and provide the opportunity to grow cash flow, reduce our dividend payout ratio and create value for shareholders and customers.”

The acquisition is expected to close in the second half of 2009, subject to certain conditions, including necessary approvals from federal and state regulators and D&E Communications shareholders.

Operating Information

Windstream adds highly complementary rural properties in Pennsylvania under the transaction. Windstream currently has approximately 200,000 access lines and serves 85 exchanges in Pennsylvania.

D&E Communications has approximately 118,000 ILEC access lines and about 44,000 high-speed Internet customers. High-speed Internet service is available to 100 percent of D&E’s ILEC lines, nearly half of which can offer speeds up to 10 Mbps.

D&E operates as a competitive local exchange carrier (CLEC) in Altoona, Harrisburg, Lancaster, Pottstown, Reading, State College and Williamsport and serves approximately 47,000 lines.

The transaction also includes six wireless licenses for 700 MHz spectrum covering a population of approximately 1.3 million in central Pennsylvania.

Financial Information

D&E Communications generated $148 million in revenue and $64 million in operating income before depreciation and amortization (OIBDA) in the twelve months ended March 31, 2009.

Windstream estimates the transaction will be accretive to free cash flow after expected annual synergies of approximately $25 million in operating expenses and capital expenditure savings. The transaction value represents a multiple of 3.7x OIBDA, after expected synergies.

Additional Information

Stephens Inc. and Goldman, Sachs & Co. acted as financial advisers and Kutak Rock LLP acted as legal adviser to Windstream on the transaction. Credit Suisse Securities (USA) LLC and Barley Snyder LLC acted as financial and legal advisers to D&E Communications.

Non-GAAP Financial Measures

This press release references the non-GAAP financial measure OIBDA for the twelve months ended March 31, 2009. A reconciliation of OIBDA to the most directly comparable GAAP measure is presented below:

Operating income under GAAP: ($10 million)

Depreciation and amortization: $29 million

Goodwill and intangible asset impairment: + $46 million

OIBDA: $64 million

About Windstream

Windstream Corporation is an S&P 500 company that provides digital phone, high-speed Internet and high-definition video and entertainment services to residential and business customers in 16 states. The company has approximately 3 million access lines and about $3.2 billion in annual revenues. Windstream is ranked 4th in the 2009 BusinessWeek 50 ranking of the best performing U.S. companies. For more information about Windstream, visit www.windstream.com.

About D&E Communications

D&E is an integrated communications provider offering residential Voice, Video, High Speed Broadband and On-Site Computer Support services as well as business-class Networking, Business Continuity, IT, Security, Voice and Training solutions. Based in Lancaster County, D&E has been serving communities in central Pennsylvania with industry-leading innovation and an enterprising spirit for more than 100 years. For more information, visit www.decommunications.com.

Cautionary Statement Regarding Forward-Looking Statements

Windstream claims the protection of the safe-harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including statements regarding the completion of the acquisition and expected benefits of the acquisition, are subject to uncertainties that could cause actual future events and results to differ materially from those expressed in the forward-looking statements. These forward-looking statements are based on estimates, projections, beliefs and assumptions that Windstream believes are reasonable but are not guarantees of future events and results. Actual future events and results of Windstream may differ materially from those expressed in these forward-looking statements as a result of a number of important factors. Factors that could cause actual results to differ materially from those contemplated above include, among others: receipt of required approvals of regulatory agencies and D&E Communications’ stockholders; the possibility that the anticipated benefits from the acquisition cannot be fully realized or may take longer to realize than expected; the possibility that costs or difficulties related to the integration of D&E Communications operations into Windstream will be greater than expected; the ability of the combined company to retain and hire key personnel; and those additional factors under the caption “Risk Factors” in Windstream’s Form 10-K for the year ended Dec. 31, 2008. In addition to these factors, actual future performance, outcomes and results may differ materially because of more general factors including, among others, general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. Windstream undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of factors that could cause Windstream’s actual results to differ materially from those contemplated in the forward-looking statements should be considered in connection with information regarding risks and uncertainties that may affect Windstream’s future results included in Windstream’s filings with the Securities and Exchange Commission at www.sec.gov.

Additional Information and Where to Find It

This press release may be deemed to be solicitation material in respect of the proposed merger of D&E Communications and Windstream. In connection with the proposed merger, Windstream will file a Registration Statement on Form S-4 and D&E Communications will file a proxy statement with the SEC. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE FORM S-4 AND THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THOSE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. The final proxy statement will be mailed to shareholders of D&E Communications. Investors and security holders may obtain a free copy of the Form S-4 and the proxy statement, when they become available, and other documents filed by Windstream and D&E Communications with the SEC, at the SEC’s Web site at www.sec.gov. Free copies of the Form S-4 and the proxy statement, when they become available, may also be obtained from Windstream upon written request to Windstream Investor Relations, 4001 Rodney Parham Road, Little Rock, Arkansas 72212 or by calling (866) 320-7922, or from D&E Communications upon written request to D&E Communications, P.O. Box 458, Ephrata, Pennsylvania 17522, Attention: Corporate Secretary or by calling (877) 433-8632.

D&E Communications, Windstream and their respective officers and directors may be deemed to be soliciting proxies from D&E Communications’ shareholders in favor of the proposed merger. Information regarding D&E Communications’ directors and executive officers can be found in D&E Communications’ Annual Report on Form 10-K filed with the SEC. Additional information regarding the interests of such potential participants will be included in the proxy statement and the other relevant documents filed with the SEC when they become available.

This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

-end-

Digg Syndication Del.icio.us Syndication Google Syndication MyYahoo Syndication Reddit Syndication

Comments Off

Email This Post Email This Post

Related Topics: Other |

About

Stay up to date on the latest news. Select press representatives post company news several times a day. Check back often to get the latest news on product releases, mergers and acquisitions, and product applications. To be included in this virtual press conference, please contact The Briefing Room.

Calendar

May 2009
M T W T F S S
« Apr   Jun »
 123
45678910
11121314151617
18192021222324
25262728293031

Your Account

Subscribe

Subscribe to RSS Feed

Subscribe to MyYahoo News Feed

Subscribe to Bloglines

Google Syndication