With two bids now for the company, Sprint’s Q1 numbers have less urgency than normal. With their LTE buildout underway and the Nextel shutdown this coming quarter as well as the whole Softbank/Dish/Clearwire brain teaser in the background, beating overall expectations demonstrates some real focus. Sprint posted revenues of $8.79B and a loss per share of $0.21, both of which were better than expected. [Read more →]
Juniper On Target, But Outlook Fails to Impress
April 23rd, 2013
In the networking equipment segment, Juniper Networks (NASDAQ:JNPR, news, filings) kicked off earnings season wits first quarter of 2013 results. Revenues were within the guided range, although slightly lower than composite analyst expectations. However earnings per share of $0.24 were stronger, boosted by three cents by a retroactive R&D tax credit. But as usual it was guidance that most people focused on. Here’s a quick table with some context: [Read more →]
Tuesday Roundup: EarthLink, CenturyLink, Dialogic, Orange Business
April 23rd, 2013
Time for a quick roundup of news today from EarthLink, CenturyLink, Orange Business, and Dialogic: [Read more →]
Reliance Jio Lines Up Yet More Fiber
April 23rd, 2013
The other Reliance is in the news this morning with a deal for substantial undersea connectivity to Singapore. Reliance Jio, the new 4G entrant in India owned by Mukesh Ambani’s Reliance Industries, has followed up the fiber sharing deal with his brother Anil’s Reliance Communications by dealing for more fiber with another rival. [Read more →]
Xtera Upgrades ECFS, Intros New Repeaters
April 23rd, 2013
The network infrastructure vendor Xtera is on the move beneath the waves this week, with both a new contract and a new product hitting the news. [Read more →]
GlobeNet Completes NJ-Bermuda Upgrade
April 22nd, 2013
GlobeNet, the international submarine capacity arm of Brazil’s Oi, announced the completion of its buildout between Tuckerton, NJ and St.David’s Bermuda. The 1,350km cable system will take over duties for Segment 5 of the company’s ring connecting the east coast of the US to key points in South America. [Read more →]
Reliance Globalcom: Batelco No, But Private Equity Maybe
April 22nd, 2013
Reliance Communications may have reached the endgame in terms of monetizing its Globalcom division, but the game itself is still shifting. The Indian carrier acknowledged today that it is working on a deal, but it’s not with Batelco anymore despite previous rumors. [Read more →]
Earnings Preview: Not Looking For Much From Level 3’s Q1
April 22nd, 2013
This will be a big earnings week, as companies across the sector offer up their Q1 numbers. Level 3 Communications (NYSE:LVLT, news, filings) will be one of those, coming off a decent growth but disappointing EBITDA quarter in Q4 but with a newly minted/promoted CEO. I have had several folks ask me where I think their numbers will come in, and I have to say it has been a hard one for me to get a handle on. But nevertheless, here’s the usual table with my guesses: [Read more →]
Ramblings Jobs: Unite Private Networks
April 21st, 2013
We have another job listings this week from the midwestern-based fiber builder and operator Unite Private Networks to go with the one that was already still active and one from AireSpring as well. [Read more →]
Metro Bytes: tw telecom, Level 3, DukeNet, Charter, Mammoth
April 19th, 2013
Lots of short but interesting items this week from across the industry. Here’s a quick look at some from the metro fiber community: [Read more →]
Seaborn Lines Up Connectivity in Sao Paolo, New York
April 19th, 2013
Seaborn Networks checked off another few boxes yesterday on its to-do list for the new submarine cable system hooking up the US with Brazil they’ve been working on. They’ve now lined up additional connectivity options in the New York metro area and established their primary gateway location down in Sao Paolo, Brazil. [Read more →]
Verizon Breezes Through Q1
April 18th, 2013
With all the hoopla over buying out Vodafone’s interest in Verizon Wireless, the company’s Q1 earnings report kind of snuck up on us. Not that it matters though, because when you’re big enough the surprises tend to cancel each other out. With earnings per share of $0.68, Verizon (NYSE:VZ, news, filings) beat analyst estimates by $0.02, while revenues were [Read more →]
Int’l Roundup: euNetworks, Tata, Sprint, Epsilon, Equinix, IX Reach
April 18th, 2013
Lots of interesting global news from this week, here’s a quick survey of items from euNetworks, Tata, Sprint, Epsilon, Equinix, and IX Reach: [Read more →]
Google Fiber Turns Up In Provo Too
April 17th, 2013
According to Google’s blog today, the Kansas City and Austin metro areas are going to get a second new Gigabit sibling out in Utah. Google Fiber and Mayor John Curtis have announced plans to bring the search giant’s fiber initiative to Provo, Utah. And this time their plans are getting an inorganic boost. [Read more →]
Chinese telcos embark on IPv6 adoption
April 17th, 2013
This article was originally posted on telecomasia.net.
China is moving a step closer towards large scale of commercial IPv6 adoption, as the three major telecom operators have begun upgrading their networks from IPv4. [Read more →]
DOJ: Yes, Too Much Spectrum Is Bad (Duh?)
April 17th, 2013
According to a NY Times article today, the top antitrust enforcer in the Justice Department told the Senate yesterday that indeed, it is necessary to keep too much spectrum from falling into too few hands. Testifying before a Senate subcommittee, he backed the notion of a ‘spectrum screen’ in the interest of promoting competition when it comes to [Read more →]
Network Roundup: Comcast, Level 3, XO, Hurricane Electric
April 17th, 2013
Here’s a quick look at some network news from US-based operators this week, with contracts for Comcast Business and Level 3, a product move by XO, and an expansion by Hurricane Electric: [Read more →]
Interoute Goes 100G With Infinera
April 16th, 2013
The pan-European fiber operator Interoute became the latest operator to take the 100G plunge in an announcement today. Their choice of gear will surprise nobody, with Infinera’s DTN-X and its 500Gbps super channels taking the prize. [Read more →]
Poll: Will DISH Prevail Over Softbank in the Race For Sprint?
April 16th, 2013
Yesterday’s surprise unsolicited bid for Sprint Nextel (NYSE:S, news, filings) by DISH certainly shook things up, assuming it was even possible to shake up something as volatile as wireless consolidation has been lately. Time for a poll of Ramblings’ readers, what do you think? Which enigmatic billionaire will prevail, Charlie Ergen or Masayoshi Son? [Read more →]
Colo Bytes: Digital Realty, Equinix, Datagram, CyrusOne
April 16th, 2013
Here’s a quick look at some data center news over the past few days, with items from Digital Realty, Equinix, Datagram, and CyrusOne: [Read more →]
Far From Backing Down, Dish Bids For Sprint Itself
April 15th, 2013
This sure is turning into a high stakes game of wireless M&A poker. In what will surely be the story of the week, Dish has now launched a $25.5B bid for Sprint Nextel (NYSE:S, news, filings) itself. That works out to something like $7/share, which Dish says represents a 13% premium to the bid for 70% of Sprint by Softbank and is 12.5% above where Sprint’s stock closed on Friday. [Read more →]
Clearwire Plays the Default Card, Again
April 15th, 2013
Sprint and Clearwire have taken the gloves off in an effort to win approval for their merger by playing what has become Clearwire’s favored card. Yep, they have once again threatened to stop paying interest and thus default on their own debt, thereby forcing themselves into bankruptcy. And yes, I think it will probably work — again. [Read more →]
Friday Bytes: Zayo, 24/7, DukeNet, Tata, Level 3
April 12th, 2013
Time for an end-of-week look at a cross section of network news from Zayo, 24/7, DukeNet, Tata, and Level 3: [Read more →]