Telecom Ramblings

On Friday, ArsTechnica put together a rather comprehensive look at the current state of the Comcast/Level3 traffic dispute, which has continued to simmer throughout the first two months of 2011.  There has been no sign of any progress, in fact all we have seen is a hardening of positions – at least publicly.  At the end of the article, ArsTechnica asks: [Read more →]

Finishing off the week of fiber earnings reports, abvt turned in yet another outsized performance today for its fourth quarter following their expected completion of the  expansion to Amsterdam, Paris, and Frankfurt yesterday.  Revenues of $108.1M were at the top of guidance and above expectations, whether or not one includes the reported $0.4M in termination revenue.  Earnings per share of $0.85 easily outdistanced analyst projections, which Yahoo Finance had averaging $0.61, for a full year of $2.64 per share.  Here’s a quick table of Abovenet’s results in context of the past four quarters plus 2011 guidance: [Read more →]

The Q4 results of Internap Network Services (NASDAQ:INAP, news, filings) show that the company continues to transform itself internally, as they deliberately churn off less profitable partner data center revenues while driving growth in the ones they own.  Quarterly revenues fell sequentially once again, now dipping below the $60M mark, though it does still round up to that figure, and loss per share was $0.01.  Both were somewhat [Read more →]

Internet backbone operator Cogent Communications (NASDAQ:CCOI, news, filings) turned in its results for the fourth quarter and full year 2010, finishing a quiet but rather powerful year with a quarterly profit of $0.06 per share, six cents above expectations, and $0.01 per share overall.  The company has let its financial progress do its talking in 2010, here’s a quick table: [Read more →]

Another major submarine cable hooking up Europe is just about ready to roll — actually it probably would be fully ready if those pesky Egyptians could have waited a few weeks.  (Just kidding guys!)  Verizon, Bharti Airtel, and more than a dozen other consortium partners have accepted delivery of more than 11,300km of the Europe India Gateway (EIG) system as well as 11 of the landing sites.  That leaves just two landing stations in Egypt and the segments that connect through them – Libya to Egypt and Egypt to Saudi Arabia.  The thing about consortiums is [Read more →]

The metro fiber industry has long been one of the primary topics of this site, and I’m always looking for fresh material.  Today we have a special treat from a voice that doesn’t often make it into public forums, that of Sunesys and Larry Coleman, it’s President.  Sunesys is a division of the infrastructure construction group Quanta Services that specializes in leasing dark fiber and in E-Rate contracts hooking up schools.  They have an extremely dense footprint in the Philadelphia region, as well as a substantial presence in [Read more →]

There was some interesting consolidation news from somewhere other than the metro fiber and cloud/managed-services spaces.  This time it was in the enterprise and wholesale VoIP sector, where two of the more dynamic private companies are becoming one.  Bandwidth.com is acquiring dash Carrier Services in a deal that broadens its portfolio and will apparently take its revenue above the $100M mark annually. [Read more →]

glbc reported Q4 and full year 2010 earnings after the market close, posting a surge in both revenue and OIBDA.  The company had forecast such a surge in the second half, but I had had some doubts it would materialize even with the help of non-recurring items.  Actually, my estimates yesterday weren’t too far off, not including the $4M in revenue that derived from the Genesis acquisition.  Here’s a quick look at the company’s numbers in context: [Read more →]

It’s quite a morning for pan-European alternative backbones, eh?  According to the Financial Times, Colt Group (LON:COLT, news) is working on a deal for MarketPrizm, a division of ChiX-Global which specializes in managed communications and IT for the financial trading vertical.  They are said to be trying to get it done so as to announce it with their year-end earnings release later this week.  Colt is, as one would expect, not commenting – yet the rumor seems [Read more →]

Pan-European network operator Interoute (news) bolstered its German presence with a major infrastructure purchase.  They are buying the German fiber and conduit assets of KPN, which will add some 3600km route miles to their own extensive network in the company.  More specifically, the deal sends [Read more →]

Tomorrow after the market closes, international IP solutions and backbone operator glbc reports its Q4 and full year 2010 earnings.  To tell the truth, I don’t really have a good idea what to expect.  Last quarter the company reduced guidance in the face of lowered GCUK earnings and greater seasonality in conferencing, but they still left themselves a big hill to climb to make it.  The company seems adamant that they’re on track and analysts are expecting them to come close, so let’s take a look at what their numbers might look like if they reach the bottom rung of their guidance – here’s a scenario I came up with: [Read more →]

For most readers (i.e. those in the USA) this is a holiday, but there are a few news items to catch up on that I didn’t get to last week:

Apparently, Masergy Communications (news, filings) won’t be joining the ranks of publicly traded network operators as last week the company postponed its IPO due to market conditions.  As [Read more →]

The company behind MagicJack, magicJack VocalTec (NASDAQ:CALL, news, filings), is trying to shake up the voice marketplace again, this time from a different angle.  They’re bringing “free” to the softswitch, application server, and session border controller marketplace, offering the technology behind their own network to anyone who signs up with their subsidiary YMax in a “Bill and Keep” relationship.  The company isn’t pulling its punches either, they called out the competition by name: [Read more →]

WiMAX upstart clwr closed out 2010 with its earnings release yesterday, completing what was one of the most-watched infrastructure builds in recent memory.  They finished the year covering 112M people across the country, a number which is now 119M as of mid-February.  They added 1.5M subscribers for a total of 4.4M, of which 27% live in areas they don’t serve yet.  There was substantial speculation beforehand that [Read more →]

Yesterday I said I was looking for the full text of FCC Chairman Julius Genachowski’s comment before Congress about the Level3/Comcast dispute, rather than the same three and six word snippets everyone copied from the WSJ article.  Well, here it is: [Read more →]

Here’s a quick look at several recent interesting items from the metro fiber space:

Alpheus followed up its fiber purchase from FiberLight earlier this month with another expansion agreement, this time with 360Networks.  Alpheus will provide 360Networks with last mile connectivity in Texas, while 360Networks will provide Alpheus with longhaul [Read more →]

PAETEC (news, filings) turned in its final numbers for the fourth quarter and full year 2010, which are necessarily a bit more complicated to interpret than others due to their rather unique M&A strategy.  In 2010 they added software, energy, cloud computing, managed services, and of course a CLEC called Cavalier.  That last one is the biggest feature this quarter, even though it only closed in early December.  Public analyst numbers are all over the place, meaning nobody was quite sure what this was going to look like.  Anyhow, here’s a quick snapshot of the Q4 numbers and guidance in context: [Read more →]

The Wall Street Journal and others are reporting that FCC Chairman Genachowski is siding with Comcast in its dispute with Level 3 over all that Netflix traffic.  He is quoted as saying that his agency’s new net neutrality rules don’t “change anything with existing peering arrangements” and that the dispute is a ‘private business dispute’.  But I’m always a bit leery of quotes that don’t actually consist of full sentences, and Level 3 of course disputes this interpretation.  Level 3 SVP Robert Yates says: [Read more →]

Over on the Telecom Ramblings Jobs Board, we have two more job listings, one from Zayo Group and another from Level 3, to go along with the one posted a few days ago from Mapcom Systems.

Zayo Group (news, filings) is looking for [Read more →]

More Middle Eastern hijinks from Ciena (NASDAQ:CIEN, news, filings) today.  Working with Mobily, they announced the activation of the first commercial 100Gbps network in the region.  So Mobily’s Riyadh metro network now has the fastest bandwidth money can buy.  The company has some 40+% of the mobile market in Saudia Arabia, and selected Ciena gear for an upgrade just last month. [Read more →]

Since Icahn made yet another bid for the rest of XO Holdings (news, filings) he doesn’t already own, there has been little news.  XO handed the task of evaluating the offer over to its special committee of ‘independent’ directors of course.  But yesterday we heard from the largest minority shareholder R2 Investments in a letter to those independent directors, and of course they came out firing.  It’s always a fun read, so here’s the text of the letter: [Read more →]

Gary Kim has an interesting piece over on TechZone 360 on the new term that has been making the rounds to describe the evolution underway on the internet: “Splinternet”. With the iPad, the Kindle, all sorts of smartphones and whatever new devices 2011 brings, each with their own app stores, limitations, and walled gardens, effectively marketing to the world is rapidly becoming a lot more complicated than buying a few Adwords impressions from Google.  I have to say, I love the term Splinternet, it’s very descriptive.  However, I take issue with [Read more →]

Since their purchase of Genesis Networks back in the fall, I have wondered what sort of contracts Global Crossing would be competing for with its new video services division.  Well, it turns out they handled the Australian Open feeds last month for no less than three broadcasters:  the Tennis Channel in the USA, Fox Sports Australia down under, and NTV-PLUS in Russia and the Ukraine.   In the case of NTV-PLUS, it was the third year running they had this contract. [Read more →]