Telecom Ramblings

It sure didn’t take much of 2011 for the next volley in the low latency battles to be fired.  This morning, Level 3 Communications (NYSE:LVLT, news, filings) opened a new European front with two new express routes to Madrid.  They are now offering ultra-low-latency routes to the Spanish capital from both London and Frankfurt, as well as improved latency on routes from [Read more →]

Sprint Nextel (NYSE:S, news, filings) let a deadline pass yesterday without taking action, declining to purchase the exchangeable notes it was entitled to following last month’s foray into the capital markets by clwr.  Including the over-allotment, the WiMAX upstart sold $729M in exchangeable notes alongside $175M in first priority senior secured notes and another $500M in second priority secured notes ($1.4B or so in aggregate).  Sprint had been deliberating whether to follow up with its own purchase, which would have [Read more →]

Happy New Year to everyone!  Now that the northeast has mostly dug out and the hangovers have abated, it’s time to get on with 2011 already.  There were a few management changes of note that took place over the holidays that are of interest.

Over in Europe, Colt Group (LON:COLT, news) has appointed a new CFO.  Mark Ferrari will be moving in fresh from his position as managing director of Fidelity’s Devonshire Investors.  Colt has been jogging in place for several years, churning off voice revenue while growing data, while [Read more →]

It has always been difficult to get information about the network assets of cable MSOs, so it’s nice to find some now and then.  An astute reader stumbled across the maps for Charter Business’s fiber, and passed them along (Thanks!), and I have now added links to their network maps both to the USA Longhaul Maps page as well as to each of the relevant regional metro fiber map link collections.   [Read more →]

Last week, the ITU caved in and redefined 4G to be, well, pretty much anything that has ever claimed it.  So now whether one is talking about current implementations of WiMAX, HSPA+, or LTE, it’s all 4G now, officially even.  Until now there had been this simmering argument amongst the more standards oriented folks over whether any of these were really 4G or not.  But really, I don’t think anyone else cared.  The reason is simple. [Read more →]

Following up on my recent update to the metro fiber and lit building statistics page, here is another quick snapshot taken from the raw data.  Looking at lit buildings neglects different business models, as not all fiber operators chase smaller enterprises or towers.  But a mile of fiber is a mile of fiber, so of those metro fiber operators who list their total route mileage, who has the most?  Here we’re excluding longhaul and regional intercity fiber where possible, just looking at the mileage for metro loops and laterals although I know there is some ambiguity there.  Here are the top twenty, with the data including those M&A’s from 2010 which have already closed: [Read more →]

It seems like three years ago that PAETEC (news, filings) unveiled plans to build a new headquarters in downtown Rochester as part of a rejuvenation campaign there.  Oh wait, it actually has been that long – such are the ways of real estate, the economy, and municipal government.  Yesterday the company reaffirmed those plans yet again , and said construction will soon begin.  Of course, the city still hasn’t quite finished demolishing the old building, but first things first.  They scaled back plans from 37 stories to perhaps just 10 two years ago in the face of the 2008-2009 recession, [Read more →]

Clearwire’s 4G service has finally been officially launched in the San Francisco Bay Area.  Stretching from San Francisco all the way around the Bay to Oakland, plus part of the I680 corridor, coverage just went up by another 4M, ending a very busy year for the WiMAX upstart.  Now, one might wonder why the SF area was so low on the list that 100M other people got WiMAX service first.  My theory is that it’s the part of the country having the most [Read more →]

I have spent part of my December harvesting updated data for my metro fiber and on-net buildings list.  There are still a few data points that are playing hard to get, but for the most part the numbers are in.  A few new faces have been added to the list, and of course a few faces are missing having now merged with others on the list during this year’s metro fiber M&A frenzy.  In addition to the overall list, which you can look at any time, I’ll spend a few posts this week taking a closer look at interesting spots in the data.  First, let’s look at single market leaders. [Read more →]

I hope everyone had a great Christmas weekend!  Now we are in that last week of the year where it is almost obligatory to attempt to predict the future.  Ok, I’m game.  2010 wasn’t exactly as fun as an economic barrel of monkeys, but it was much more enjoyable than 2009.  Right now, 2011 is looking like an extension of 2010 in a macro sense, which could be worse but hopefully we’ll get that barrel of monkeys eventually.  Ok, actual predictions, here we go: [Read more →]

And now for something completely different…

Privately held CLEC TelePacific (news) is preparing to take a walk on the wireless side with the purchase of Covad Wireless from MegaPath yesterday.  The deal makes a great deal of sense, as Covad Wireless offers fixed wireless services to around 3,500 enterprise customers in California and Nevada, which fits perfectly within TelePacific’s footprint.  They also have a bit in Chicago, I wonder where they will take that part.  The ability to offer fixed wireless services gives TelePacific an additional path around the ILEC to their enterprise customer base.  They also have some metro fiber of course, having picked up the [Read more →]

A massive outage hit Skype (news, filings) [a subsidiary of MicroSoft (:MSFT, news)] overnight with users worldwide unable to connect let alone use the service for hours.  Data Center Knowledge has a nice summary of the various reactions.  I myself depend heavily on Skype for voice services, but even still it is not my only connection to the outside world nor is it for many of Skype’s users.  But still, what horrible timing for a public black eye!  Not only is Skype working on an IPO, we have a new potentially formidable [Read more →]

This part of the world may be shutting down for the holidays, but elsewhere business goes on.  Over in the Middle East, the construction of Gulf Bridge International’s cable system has entered its marine phase.  That means TE Subcom is loading the fiber onto the ship Responder up in New Hampshire,  That ship will soon be churning its way toward the Persian Gulf to build the 4750km, 2.75Tbps system. [Read more →]

Ok, despite the fact that its actual contents remain unpublished, just about every pundit on the planet that knows what network neutrality is has weighed in on the FCC’s latest Network Neutrality order.  My own view is rather jaded.  Nothing has been resolved, but the FCC has managed to frame the debate on its own terms for the near future.  But I’m curious what everyone else has to say, but not in the form of a yes or no but rather to take a measurement of the general mood.  So here is another rather non-standard poll: [Read more →]

National metro operator abvt has been expanding on multiple fronts for a few years now, and today they announced further investments in the Seattle metropolitan area.  AboveNet already has some 250 miles of fiber in Seattle, from Everett in the north to Tacoma in the south – as pictured below.  As part of this new investment, they will build a new direct route between downtown [Read more →]

Lest anyone believe that Comcast and Level 3 are close to resolving their differences, Level 3 did in fact have a very different view on Comcast’s trial offer that was discussed in a blog post on Comcast’s corporate blog late last week.  In a letter filed with the FCC, President and COO Jeff Storey said that Comcast broke an NDA in saying what it did, and then took issue with pretty much everything Comcast said.  I’d summarize in more detail, but why not go directly to the source.  Here’s the text of the letter, which if you are particularly gifted at using archaic search tehnologies you might be able to find on the FCC website: [Read more →]

Here’s a quick look at a few news items that flashed past already this week:

Navisite (NASDAQ:NAVI, news, filings) [a subsidiary of Time Warner Cable (NYSE:TWC, news)] has sold off a piece of its colocation business, as it executes on a plan to focus on managed and cloud solutions.  Cologix will buy the company’s Dallas facility and customers for $12.75M in cash, although [Read more →]

Earthlink (NASDAQ:ELNK, news, filings) took another big step toward becoming a major national CLEC, announcing this morning a definitive agreement to purchase the struggling One Communications.  The price will be $370M, including $285M that will go to paying off debt.  The EV/EBITDA multiple for the deal was given as 3.7, reflecting $80M in trailing twelve months EBITDA plus $20M from synergies to be realized.   [Read more →]

So the FCC appears to be poised to vote on its latest proposal for network neutrality, and from all appearances it will pass 3-2.  So why hasn’t Telecom Ramblings’ offered  commentary on this subject until now?  Well, to put it bluntly, what we have is a proposal a) that has yet to actually see the light of day, b) whose underlying power is derived from the FCC’s ability to creatively reinterpret its own mandate, c) that probably doesn’t cover [Read more →]

Privately held metro fiber operator FiberLight (news) unveiled a new strategy on Friday aimed at increasing the company’s on-net building footprint.  They have identified some 8000 ‘near-net’ buildings and towers across their 4200 metro route miles in 21 markets that it can serve cost effectively.  This is a significant step in that while FiberLight has enterprise customers, its 700 or so on-net buildings are mostly large wholesale sites and towers.  While they will surely only add a fraction of the 8000 locations on their target list in the next year or two, the expanded [Read more →]

TGIF, here’s a quick look at the news that slipped past me during the week:

lyns updated its guidance for the fourth quarter of 2010, promising an unexpected bounty – profitability.  The company also unveiled some unaudited results for October: revenues of $6.61M and gross profit of $2.23M.  The boost comes in part from the acquisition of SouthEast Telephone, and in part due to its shift in emphasis toward [Read more →]

As expected, Comcast quickly fired back this morning in a blog post.  Comcast said they offered to trial a “different architectural approach” but that Level 3 walked out when Comcast wouldn’t agree to a “zero cost outcome” in advance.  I have no doubt that Level 3 has an alternative view here, but I have an immediate question:  What is this different architectural approach the two sides came up with? [Read more →]