Telecom Ramblings

A bit of catch-up to start the week, with news from Adtran this morning plus bits from late last week from MegaPath, Limelight, Alcatel-Lucent, and UPN: [Read more →]

Seaborn Networks, which is preparing to build a direct link between the US and Sao Paolo, down in Brazil, has shifted its plans to a more northerly endpoint. Whereas their initial intention had been to simply land in Miami and hand bits off to terrestrial fiber from there, today they announced plans to instead offer a direct route all the way to New York City. [Read more →]

Ok, it’s Friday and after yesterday’s news out of Kansas City many have got Google Fiber on the brain.  Do we have an access revolution at hand, is this just a minor step forward, is it all hype, or a smoke screen?  Don’t be shy: [Read more →]

A quick survey of some of this weeks updates in the submarine cable sector: [Read more →]

A gigabit connection to the home for $70/month on a one year contract? I’d instantly take it if it were available where I live, but of course this is only in Kansas City where Google has been busy preparing its FTTH project.  At long last, they went live with details today. [Read more →]

With all the earnings news this week, we don’t want to ignore the rest of what has been going on. Here’s a review of a few other items this week from across the US internet infrastructure market from IO, Terremark, Lightower, Zayo, and AT&T: [Read more →]

In their earnings report this morning, Sprint rightly put most of the focus on its much larger wireless business, i.e. their progress in the shuttering of Nextel and the rolling out of LTE. Overall, earnings per share were a bit light but revenue was strong and they raised OIBDA guidance for 2012. But the most interesting data point to me was the boost in wireline capex.  [Read more →]

Akamai (NASDAQ:AKAM, news, filings) shrugged off any macro-economic headwinds even more convincingly than Equinix today, posting both revenues and earnings per share above both guidance and analyst expectations.  New guidance for Q2 was similarly positive, and the stock traded up 17% after hours in response.  Here’s a quick tabluar summary in context: [Read more →]

Equinix (NASDAQ:EQIX, news, filings) has had no trouble with the macro environment it seems, as their Q2 report was as solid as it always is. Revenues came in within their usual narrow range of guidance, and they boosted the full year 2012 outlook by $30M to ‘greater than $1.920B’ to account for $30M from the acquisitions of Asia Tone and ancotel.  EBITDA was higher than expected, checking in with a nice sequential increase to $222.1M, and they boosted the full year 2012 outlook for that by $20M as well.  Here’s a quick table of the relevant numbers: [Read more →]

Two interesting releases from CenturyLink yesterday and this morning, on two different subjects: consumer access and cloud connectivity. [Read more →]

Level 3 Communications (NYSE:LVLT, news, filings) reported its Q2 earnings this morning, keeping its promise on EBITDA growth with a very nice number that out outpaced my model easily, but with lighter than expected revenues in part due to currency fluctuations.  The integration still appears to be going well, requiring less integration spending for each dollar of synergies than anticipated.  But the macro economy definitely did not help this quarter.  Here’s a table of Level 3’s numbers in the context of the past two quarters: [Read more →]

With its 5x100G DTN-X finally released into the wild, Infinera posted its Q2 results today.  Revenues coming in toward the lower end of guidance while the market had them closer to the midpoint, while earnings per share and margins were in-line.  As expected, the numbers start to look much better in the second half – with Q3 guidance fairly strong despite the prevailing mood out there.  Here’s a quick table of results in some context: [Read more →]

Juniper Networks (NASDAQ:JNPR, news, filings) followed up a surprisingly good Q1 with an even better Q2, despite the moody uncertainty hanging over the sector as a whole.  Here’s a quick table of some of the relevant numbers: [Read more →]

Let’s survey the latest announcements from the vendor side of the tracks: [Read more →]

A quick look at some interesting items in the past 24 hours from Cisco, Surf, and Birch: [Read more →]

Fears of a weakening overall economic environment were driven back a bit further this morning as AT&T like Verizon posted a steady quarter. Overall, earnings per share of $0.66 were a few pennies above expectations, while revenues were just a tad light at $31.6B. [Read more →]

Not much from the big guys today or over the weekend, so let’s take a look at recent items at the regional level from Fatbeam, Tech Valley, Fastroads, and Lake County, MN: [Read more →]

Apparently even big dividends were not enough to lure investors in Singapore to put their money into the 75% of Reliance Communications’ submarine cable unit that was up for sale under the name Global Telecommunications Infrastructure Trust. The IPO has been shelved in the face of unfavourable market conditions, and with it the $1B that Reliance hoped to raise to reduce its overall debt.   [Read more →]

On Wednesday, Level 3 Communications (NYSE:LVLT, news, filings) will be report earnings for the second quarter, so it’s time for my preview and projections.  As I have recently rambled on about, this could be a pivotal quarter for Level 3 given that it is at the midpoint of the Global Crossing integration and is fighting to maintain its growth trend in the face of some market headwinds out of Europe. That seems to be the main caveat [Read more →]

Two more new listings on the Ramblings’ Jobs Board this week, with both Logix Communications and Cogent Communications doing some hiring.  We needed a little good jobs news to help balance out the looming dark side this week from restructuring at FiberTower and Broadview.   [Read more →]

Zayo Group (news, filings) may be busy integrating Abovenet this quarter, but they have also been advancing on fronts where there is less integration work to be done.  Yesterday the Colorado-based fiber operator announced a big expansion on its own home turf: the greater Denver metro area. [Read more →]

Here’s a quick look at some of the news this week on the international front: [Read more →]