A quick look at some interesting items in the past 24 hours from Cisco, Surf, and Birch: [Read more →]
AT&T Follows Verizon’s Lead, Posts Solid Q2
July 24th, 2012
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 →]
Regional Fiber Roundup: Fatbeam, Tech Valley, FastRoads, Lake County
July 23rd, 2012
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 →]
Reliance Throws In the Towel for Flag IPO For Now
July 23rd, 2012
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 →]
Earnings Preview: Level 3 Seeks the Light at the End of the Tunnel
July 22nd, 2012
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 →]
Ramblings Jobs: Logix, Cogent
July 20th, 2012
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 →]
Big Fiber Push for Zayo in Colorado
July 20th, 2012

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 →]
Int’l Roundup: NTT America, Teliasonera, Colt
July 20th, 2012
Here’s a quick look at some of the news this week on the international front: [Read more →]
WAC demise proves nothing on carrier APIs
July 19th, 2012
This article was authored by Michael Carroll, and was originally posted on telecomasia.net.
The demise of the Wholesale Application Community (WAC) may prove the doomsayers right, but doesn’t necessarily mean telcos should give up on network application program interfaces (APIs). [Read more →]
Industry Spotlight: Cologix’s Grant van Rooyen
July 19th, 2012
Cologix emerged onto the data center and interconnection stage a little less than a year ago, after operating in stealth for a while. Starting with Dallas and three Canadian markets last year, they recently announced expansions in Toronto and Dallas, purchased the Minnesota Gateway and added yet more depth in Toronto by buying Carrier Connex. With us today to talk about [Read more →]
Vendor Bytes: Overture, Cisco, Juniper, Actelis
July 18th, 2012
Here’s a quick catchup on some new from the vendors this week: [Read more →]
Sidera Lowers Latency Bar Across NY/NJ Metro Area
July 18th, 2012
Sidera has been busy lately in northern NJ and Manhattan. The regional fiber operator today announced reductions in latency on all major routes for its Xtreme network between major data centers on either side of the Hudson. Additionally, they added low latency connectivity to the NYSE facility in Mahwah, which opened its doors to carriers a few months ago. Specifically, Sidera added or improved low latency connectivity between the following: [Read more →]
Level 3 Raises Money, Reaffirms, and Vyvx Wins ESPN Brazil
July 18th, 2012
Level 3 Communications (NYSE:LVLT, news, filings) said this morning that it plans to sell $300M of senior unsecured notes due 2019 in a private offering to qualified institutional buyers. The money will go to general corporate purposes, most likely debt refinancing – which of course is where most of it usually goes. In conjunction with the sale, Level 3 offered up the following quote: [Read more →]
FiberTower Surrenders, Files for Chapter 11
July 17th, 2012

Today the wireless backhaul specialist ftwr finally surrendered to the inevitable and announced that it has filed voluntary petitions for Chapter 11 bankruptcy in North Texas. Under the proposed reorganization, the $176M in long term debt would be [Read more →]
Arctic Fibre Checks How Warm Demand Is Up North
July 17th, 2012

The folks planning to run fiber through the Northwest Passage are still out there, and today took one more step toward making the cable a reality. Arctic Fibre (news) says it has launched a process to quantify Canadian demand for bandwidth on the 15,300km cable that will stretch from Tokyo to London. Canadian carriers and government agencies will have until September 1 (6 weeks from now) to [Read more →]
TWiT: The Truth About Bandwidth Caps
July 17th, 2012
This Week in Tech had a really nice special last Friday taking a deep look at traffic congestion, bandwidth caps, and everything in between. Dane Jasper of Sonic.net, Reid Fishler of Hurricane Electric, Christopher Mitchel of muninetworks.org, and Benoit Felten of Diffraction Analysis weighed in. I’ve embedded the video below or you can view it on the TWiT site directly, it’s well worth a watch. [Read more →]
Metro Bytes: Alpheus, Windstream, Optimum Lightpath, Champion ONE
July 17th, 2012
Time for a quick look at recent items from the metro: [Read more →]
Alcatel-Lucent Revises Downward
July 17th, 2012
We’ve already seen a parade of downcast pre-announcements from telecommunications vendors, but this morning’s addition to the list is a bit bigger. Alcatel-Lucent (NYSE:ALU, news, filings) said this morning that the poor economy is slowing down their progress more than they had projected. [Read more →]
Int’l Roundup 7/16: NTT America, Tata, NBN, Digital Realty
July 16th, 2012
Here’s a quick roundup of today’s other news from the international front via NTT, Tata, NBN, and Digital Realty: [Read more →]
Pacnet Replaces Barney With Grivner
July 16th, 2012
Pacnet (news) wasted no time finding a new CEO to replace Bill Barney, who was sent unceremoniously packing six weeks ago in a surprise move by the company’s board of directors. Today the company announced they are bringing in a ringer with a familiar face: Carl Grivner, who headed up XO until last Autumn of course. [Read more →]
euNetworks Lights Fiber to Dublin
July 16th, 2012

euNetworks (news) said this morning that it has deployed an intercity fiber link between London and Dublin capable of 8.8Tbps, completing the meshing of its 13 metro markets into a single optical domain. The independent European metro operator has long been in Dublin of course, but had connected the city to the rest of its fiber via leased capacity. The additional intercity fiber will let them complete their service set across all markets. [Read more →]
Broadview Bites the Bullet
July 15th, 2012

Late last week, the Northeastern and MidAtlantic-focused CLEC Broadview Networks (news) announced that it has reached a long term agreement to restructure its balance sheet. Something had to give this summer, as the company’s $300M or so in debt was coming due in September. In short, they’ll be converting that debt into a combination of new notes and lots of equity, smoothed by a quick, prepackaged trip through BK court. [Read more →]
Ramblings Jobs: Telarus
July 13th, 2012
We have a new listing on the Ramblings’ Jobs Board this week from Telarus, which was also kind enough to tell me that the registration process was broken. If anyone else had difficulty figuring how to register to post a job, it’s fixed now but [Read more →]