Telecom Ramblings

Today there was some fiberoptic network M&A down in Texas and Oklahoma.  LOGIX Communications has agreed to be acquired by an investor group led by Astra Capital Management.   [Read more →]

As it GTT posted its third quarter earnings report this morning, the company also revealed its next public financial objective.  With the closing of its purchase of One Source Networks last month, GTT had achieved its previous goal of $400M in annualized revenue and $100M in EBITDA after several years of rolling up managed network and international backbone assets.   [Read more →]

With the sale of its data center business set to shake things up in coming quarters, Windstream turned in a third quarter earnings report that surpassed analyst projections.  Revenue grew sequentially to $1.50B, higher than the $1.47B projected, while the net loss per share was just 0.08. [Read more →]

According to its report this morning, Cogent Communications reached two interesting milestones this quarter.  First, they surpassed the $100M in quarterly revenue mark for the first time.  The network operator generated $103.0M in revenue and $0.07 per share in earnings, both coming in well ahead of expectations.  And second, they suspended their return of capital program after reaching the net leverage ratio they had been targeting. [Read more →]

Interxion reported its third quarter earnings this morning, but not before detailing some new pan-European expansion plans.  The Amsterdam-based data center operator intends to build new data centers in Copenhagen, Amsterdam, and Dublin, while expanding another in Frankfurt. [Read more →]

This article was originally published on Telecom Asia

Global cloud traffic is set to more than quadruple by the end of 2019, outpacing the growth of total global data center traffic, according to Cisco’s newly released annual Cloud Index. [Read more →]

Here’s a quick roundup of some subsea, data center, and IoT news from the start of the week: [Read more →]

While they reported a loss in Q3 and saw lower revenue and EBITDA, EarthLink once again managed to surprise the market to the upside.  [Read more →]

Lumos Networks reported its third quarter 2015 numbers yesterday after the market closed.  Revenues of $51.0M and earnings per share of $0.06 were each slightly higher and lower than analysts had projected, respectively.  But the key thing to watch with Lumos is the growing amount of fiber in its diet. [Read more →]

Akamai made a small but interesting acquisition this morning. In an all cash transaction, they have purchased the Scottish security vendor Bloxx. [Read more →]

The industry kicked off the week with a bunch of news from the international front: [Read more →]

Earlier this week, Verizon Wireless employees got a bit of ominous news. The company has revealed big plans to simplify its operating structure as its growth rate slows. They’ll be consolidating the 20 regions they now have down to just six, cutting an unspecified number of jobs along the way. [Read more →]

This article was authored by Dylan Bushell-Embling, and was originally posted on telecomasia.net.

Indonesia’s three largest mobile operators – Indosat, Telkomsel and XL Axiata – will test providing balloon-powered internet services as part of Google’s Project Loon. [Read more →]

The pan-European bandwidth infrastructure provider euNetworks has been putting resources to work in France. This morning they launched their dc connect service in Paris, which joins Frankfurt and London. [Read more →]

Here’s a quick wrap-up of some news that’s worth a look: [Read more →]

The third quarter came out fine for Akamai, but the company’s stock is taking a beating in the premarket because fourth quarter guidance wasn’t what anyone was hoping for.  Revenues of $551 were slightly above expectations, while adjusted earnings per share of $0.62 was four pennies ahead.   [Read more →]

Infinera posted its third quarter numbers late yesterday, giving the market another positive surprise.  Non-GAAP revenues of $232.5M and earnings per share of $0.22 were both well ahead of both guidance and analyst projections.  The company’s stock price has responded well in the pre-market, up over 13% and back over the $20 mark where it was after Q2 earnings, which were also a positive surprise. [Read more →]

With nearly a full year on the books for Level 3’s purchase of tw telecom, the market is looking for both integration savings and better growth prospects going forward.  In the company’s Q3 results, we saw some more of the integration savings, and while growth isn’t shifting gears yet the upward trend is still intact.  They also announced the deconsolidation of their Venezuela business as of the end of Q3.  Here are Level 3’s numbers in some context: [Read more →]

Regulatory headlines out of Europe today are a bit contradictory. The European parliament has passed network neutrality regulation by a vote of 500-163, enshrining the concept in law continent-wide alongside a nice crop of loopholes that have opponents up in arms.  [Read more →]

Several interesting vendor items that are worth a look from the start of the week: [Read more →]

It’s time for a quick roundup of news from the start of the week: [Read more →]

The New York Times put an article out on Sunday looking at increased Russian naval interest in the world’s submarine cables. The worry is that anyone with a submarine fleet could take down the world communications net for extended periods quite easily with a few simultaneous cuts in deep water. How seriously should we take the idea? [Read more →]

After a decade-long drought, the second of two transatlantic cables is nearing completion. AquaComms’ new AEConnect cable system will hook up Long Island with the northwest coast of Ireland, with its existing CeltixConnect cable providing an extension on to the UK and London. The cable is expected to be ready for service by the end of this year.   I caught up with AquaComms CTO Tom McMahon earlier this month to find out how the project has been going so far. [Read more →]