Though optical transport equipment vendor Sorrento Networks was absorbed by Zhone Technologies in 2004, a new incarnation of Sorrento launched this month, acquiring those products back from Zhone. Its CEO Jim Nevelle spoke with Telephony about the startup’s plans.
Little Soma Networks has hit the WiMAX jackpot, announcing today it is rolling out what it believes is the largest WiMAX network in the world in India. Though Soma did not reveal any financial details of the deal, it said India’s telecom incumbent Bharat Sanchar Nigam Ltd (BSNL) has tapped Soma for networks in four of India’s states in a rollout that will target 400 cities and towns in the next two years. more
Driven by disappointing sales of the Razr 2, Motorola today reported fourth-quarter earnings of $100 million, down from $623 million in Q4 of last year. Sales for the Chicago-based communications company fell in the last three months to $9.65 billion from $11.79 billion in the same period a year earlier. more
Ciena’s surprise announcement of its plans to acquire Ethernet access vendor Worldwide Packets left some analysts scratching their heads yesterday, largely because Ciena declined to offer many details on key justifications for the deal and its terms. more
