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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

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tw telecom Reports Third Quarter 2009 Results

tw telecom Reports Third Quarter 2009 Results


— Strong and Steady Financial Performance

— Grew Revenue, M-EBITDA, Net Income and Cash Flow

— Generated $34 million of Levered Free Cash Flow

— Achieved continued Enterprise Success as Demand Remained Solid


LITTLETON, Colo. – November 3, 2009 – tw telecom inc. (NASDAQ: TWTC), a leading provider of managed voice, Internet and data networking solutions for business customers, today announced its third quarter 2009 financial results, including $304.8 million of revenue, $109.4 million in Modified EBITDA1 (“M-EBITDA”), $33.8 million in levered free cash flow3 and net income of $7.7 million, or $0.05 per share. more

EQUINIX ANNOUNCES INITIAL CARRIERS PARTICIPATING IN ETHERNET EXCHANGE DEVELOPMENT PROGRAM

EQUINIX ANNOUNCES INITIAL CARRIERS PARTICIPATING IN ETHERNET EXCHANGE DEVELOPMENT PROGRAM


AboveNet, Exponential-e, Hibernia Atlantic, Level 3, PCCW Global, Reliance Globalcom and Tinet Are Early Participants in First Carrier-Neutral Ethernet Exchange


New York, NY – November 3, 2009 – Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced AboveNet, Exponential-e, Hibernia Atlantic, Level 3, PCCW Global, Reliance Globalcom and Tinet, among others, as initial participants in the recently announced Equinix Carrier Ethernet Exchange platform, a development program to define enhanced solutions for the exchange of data traffic between carriers providing Ethernet services. more

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Related Topics: Ethernet, Global, Other |

Nokia Siemens Networks targets improved financial performance, return to growth

Nokia Siemens Networks targets improved financial performance, return to growth


Company sets goal to reduce annualized operating expenses and production overheads by €500 million by end 2011 compared to end 2009


Nokia Siemens Networks today announced its plan to improve financial performance and return to growth. The plan includes reorganizing the company’s business units to better align with customer needs; extensive operating expense and production overhead reduction, including a global personnel review; ongoing purchasing savings; expanded partnering to ensure a full portfolio of world-class products and services; and potential acquisitions where assets would add scale to existing product areas or customer relationships. more

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CENX OPENS WORLD’S FIRST CARRIER ETHERNET EXCHANGES

CENX OPENS WORLD’S FIRST CARRIER ETHERNET EXCHANGES

IN NEW YORK, LOS ANGELES, CHICAGO


Creators of “Carrier Ethernet” & MEF to streamline Carrier Ethernet Global interconnect


NEW YORK (November 3, 2009) – CENX, Inc. (Carrier Ethernet Neutral eXchange) today announced the world’s first three Carrier Ethernet Exchanges in New York, Los Angeles, and Chicago are open for business. Carrier neutral, co-location/data-center neutral, the CENX Carrier Ethernet Exchanges are accelerating the growth of the Carrier Ethernet market to projected $39b worldwide. Years in the making, CENX innovations address overwhelming technical and business issues that exist around Carrier Ethernet interconnection, and now make interconnect in Days not months. more

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Sigma Systems Signs Global Reseller Agreement with Leading Telecom Supplier

Service Management Portfolio to Bring Advanced OSS Solutions to Telecom Operators for Triple-play Services


MIAMI – EVOLVE 2009 – November 2, 2009 — Sigma Systems, an industry leader in Advanced IP Service Fulfillment solutions, today announced a global reseller agreement with leading telecom supplier Ericsson (NASDAQ: ERIC) that will provide next-generation order management and fulfillment solutions to telecom operators worldwide. The agreement enables Ericsson to resell Sigma Systems’ Service Management Platform, a carrier-grade platform that allows rapid service creation, advanced order management and automated provisioning, and Sigma’s service management solutions for triple-play—including high-speed data, and IMS-based IPTV and VoIP—to its hundreds of telco customers.


The combination of Ericsson’s extensive expertise in delivering world-class technology, solutions and services to telecom operators and Sigma Systems’ powerful Service Management Portfolio— will bring the following benefits to the Next-Generation Operator (NGO):


• Increased profitability and accelerated time-to-revenue by deploying more

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Related Topics: Global, FTTX, Software, VOIP, IPTV, Other |

Global Crossing Reports Third Quarter 2009 Results

Global Crossing Reports Third Quarter 2009 Results

— Free Cash Flow increased $62 million sequentially to $52 million, resulting in year-to-date Free Cash Flow of $10 million.

— OIBDA increased 30 percent year-over-year to $91 million, resulting in year-to-date total of $259 million.

— Consolidated revenue increased to $643 million, a 1 percent increase year-over-year in constant currency terms.

— “Invest and grow” revenue increased to $553 million, a 4 percent increase year over year in constant currency terms.

— Company confirms annual guidance for 2009.


Press Release

Source: Global Crossing

On 4:15 pm EDT, Wednesday October 28, 2009


FLORHAM PARK, N.J., Oct. 28 / — Global Crossing (Nasdaq: GLBC - News), a leading global IP solutions provider, today announced third quarter 2009 results. The company said it will discuss its consolidated financial and operational results for the third quarter 2009 on a more

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Qwest Reports Third Quarter 2009 Results

Qwest Reports Third Quarter 2009 Results


Third Quarter Highlights


Achieves strong adjusted EBITDA and free cash flow(a)

Improved revenue mix and efficiencies drive adjusted EBITDA margin of 35.8 percent

IP revenue growth supports continued market share gains in enterprise space

Growing demand for high-speed services on fiber to the node network

Completion of wireless migration on track

Updates financial guidance


Qwest Communications (NYSE:Q) today reported financial results for the third quarter 2009. In the quarter, net income was $136 million. Earnings per share were 8 cents, which was equal to prior-year results. Current quarter earnings per share results include a 1 cent charge for severance, realignment and restructuring cost and litigation expense. The prior-year results include a 1 cent charge for severance, realignment and restructuring. The third quarter, net operating revenue of $3.1 billion includes 36 percent growth in more

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Wavesat’s “Odyssey” 4G Chipset First to Market for XGP Network in Japan


Willcom GX001N PC CardWavesat Deploys Odyssey 4G Chipset in Willcom’s New XGP

Wireless Broadband Service in Japan


Wavesat’s Odyssey 8500 chipset — designed into Willcom’s GX001N PC Card –

is first to market in providing XGP services for mass deployment


San Mateo, Calif. / Tokyo – October 27, 2009 – Wavesat Inc., a leading supplier of 4G broadband wireless semiconductor solutions, today announced that its “Odyssey” chipset is the first – and currently the only — to be widely deployed in Willcom’s new “XGP” broadband wireless network, which entered commercial service this month in Japan. The Odyssey chipset is featured in Willcom’s GX001N XGP PC Cards manufactured by a leading manufacturer of wireless terminals and consumer devices in Japan.


Willcom’s data-only (Internet, video and more) XGP service, based on a 4G “OFDMA” standard, is available more

EQUINIX TO ACQUIRE SWITCH AND DATA FOR $689 MILLION

EQUINIX TO ACQUIRE SWITCH AND DATA IN $689 MILLION DEAL THAT EXPANDS EQUINIX’S PRESENCE INTO 16 NEW MARKETS


Equinix Continues to Expand Its Global Service Offering;

Extending to New, Customer-driven Markets in North America


Foster City, CA and Tampa, FL–October 21, 2009 – Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, and Switch & Data Facilities Company, Inc. (Nasdaq: SDXC), a leading provider of data center and Internet exchange services, have entered a definitive agreement for Equinix to acquire Switch and Data in a transaction valued at approximately $689 million in cash and stock, based on yesterday’s market close. The combination of the two companies will more

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Related Topics: Cloud Computing, Global, Other |

ADVA Optical Networking’s FSP Service Manager Takes Network Efficiency To New Heights

New solution enables quick and easy management of end-to-end network services 


Norcross, Georgia, USA and Martinsried/Munich, Germany. October 21, 2009. ADVA Optical Networking is adding speed and simplicity to the operation of optical transport networks with the introduction of the new FSP Service Manager.


Designed for seamless integration with ADVA Optical Networking’s FSP Network Manager, the FSP Service Manager provides network operators with a comprehensive solution for the end-to-end delivery of high-quality services across networks built upon ADVA Optical Networking’s trusted FSP product family.


Utilizing an intuitive graphical user interface (GUI), the FSP Service Manager provides operators with service-level provisioning and control across the entire network. This makes the creation, provisioning, monitoring and maintenance of services quicker and easier than ever before.


Thanks to an intelligent service-provisioning wizard, the FSP Service Manager enables network operators to create end-to-end services more

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Related Topics: Access, Ethernet, Global, Software, Broadband |

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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.

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