Telecom Ramblings

Yesterday, Colt Group (LON:COLT, news) and Infinera (NASDAQ:INFN, news, filings) announced a successful field trial of the latter’s 100GbE services.  With prototype 100GbE client interfaces in London and Frankfurt, the data passed over the company’s 861km of fiber.  Testing and verification performed by an EXFO FTB-80 100G Packet Blazer, which is quite a mouthful I must say.  [Read more →]

Hmmm, something about carrier pigeons and bandwidth seems to grab at the media, which makes it a popular stunt for those complaining about slow broadband connections.  This time it was in the UK, where Trefor Davies of Timico staged another race, following up on last year’s uneven African match.  On the right, a rural broadband connection achieving average upload speeds of 200kbps.  On the left, two carrier pigeons by the name of Rory and Tref, each with a data card strapped to his leg.  It wouldn’t be news unless the pigeons won, so of course they did.   [Read more →]

Two Denver area school systems gained high speed connectivity from q, according to a release today.  While most of the metro fiber news lately has been from the competitive carriers, Qwest has been investing as well.  With the sort of limbo that comes along with the impending mega-merger with CenturyLink (NYSE:CTL, news, filings), it is easy to forget they’re still out there, but the bits don’t slow down for anyone. [Read more →]

Just when you think they can’t find another live niche sporting event with which to demonstrate their CDN prowess, they pull the surfing card.  Level 3 Communications (NYSE:LVLT, news, filings) announced today that it is working with MSI Live, Hurley, and IMG Action Sports to provide streaming for the Hurley Pro this week (Sept. 12-18) at California’s San Onofre State Beach – Lower Trestles.  This apparently follows a similar effort in August for the US Open of Surfing in which Level 3 delivered [Read more →]

No, not the bar of soap, Dial Telecom – or more accurately, just the Slovakian division of Dial Telecom.  GTS Central Europe is buying Dial’s Slovakian assets to bolster its presence in, you guessed it, Slovakia.  The major asset is an extensive metro network in Bratislava.  After the deal is completed, GTSCE’s Slovakian revenues should top €50M annually.  For its part, Dial Telecom will use the proceeds of the sale to drive its main business in the Czech Republic.   [Read more →]

Last week, RCN Metro was reborn as Sidera Networks following ABRY Partners’ acquisition of RCN and separation of the business.  Since that deal was announced, I have wondered just what ABRY had in mind for these assets.  Did they want to operate it or sell it?  Would they focus its expansion on organic growth or turn it into an acquisition platform?  Here today to supply us with more detail on Sidera’s plans going forward is the company’s newly minted CEO Mike Sicoli, [Read more →]

The news has been pouring out this week, what with multiple M&As and CompTel going on.  In the equipment sector there have been a bushel of announcements worth a look:

In France, Infinera (NASDAQ:INFN, news, filings) won a contract with Roubaix based webhosting provider OVH.  OVH has deployed the gear maker’s Digital Optical Network for its pan-European network.  OVH is billed as the second largest hosting provider in Europe, and the Infinera gear hooks up the larger hubs of Paris, London, Amsterdam, Brussels, and Frankfurt.  They also have a nice network map which you can see to the right – I’ll have to see about [Read more →]

Continuing its recent PR offensive, XO Holdings (news, filings) today announced a substantial expansion of its Ethernet over Copper (EoC) network.  They added service in  Charlotte, Buffalo and Rochester, and deployed new EoC-enabled local service offices.  They are now in some 400 LSO’s and claim a reach of some 1M businesses.  No doubt they will be listing those buildings CENX’s Ethernet exchange as well, which they connected to back in the Spring.  I do wish I had some sense of how much penetration [Read more →]

The wave of consolidation in the metro fiber space took another important turn this morning as Northeastern fiber operator Lightower Fiber Networks has agreed to purchase New York City-based Lexent Metro Connect.  Lexent sells dark fiber solutions in both Manhattan and across the river in New Jersey, and has been a key player in the region when it comes to the low latency frenzy in the financial vertical.   No financial details were provided, as both companies are privately held.  That leaves us guessing for now as to what sort of [Read more →]

There have been lots of expansions and new initiatives from metro and regional fiber operators this week that are worth a comment:

Integra Telecom has expanded its connectivity in Arizona, building new connections into i/o Phoenix in order to offer a full suite of products to business customers there.  Since its restructuring last summer, Integra has been more aggressive in taking advantage of its fiber.  Phoenix is at the edge of its coverage area, maybe soon they’ll [Read more →]

After the market closed, Level 3 Communications (NYSE:LVLT, news, filings) announced plans to offer $175M in convertible senior notes due 2016.  The financing is expected to be completed by the end of September, and includes the option for another $26.25M to cover over-allotments.  It has been 9 months since Level 3 last accessed the credit markets, so I suppose they were due.  What will they be doing with this new funding?  It’s tempting to see this as Level 3 preparing to enter the M&A frenzy that has been growing all year, however in this case I tend to doubt it.   [Read more →]

Regional metro and regional fiber operator Zayo Group has reported its results for its fiscal fourth quarter and full year ending on June 30, 2010.  They were very active in adding new buildings and especially towers to their network.  They added 162 structures to their network, of which 132 were towers and most of the rest were enterprise buildings.  They have over 500 more towers in the pipeline, so that sort of trend seems likely to continue.    Here is a quick tabular summary of their results in Q1. [Read more →]

Catching up on a few metro and regional fiber news items:

Over in Europe, euNetworks (news) continued to add heft to its management team, bringing in James Thomas as Chief Financial Officer, effective tomorrow.  Thomas came from TalkTalk Telecom Group Plc, and from Carphone Warehouse before that.  euNetworks is in the midst of an expansion of its lit building footprint, as it moves to take [Read more →]

There had been rumors for several days foreshadowing it, but the deal is now official [EDIT: here’s the PR] according to the Wall Street Journal.  PAETEC (news, filings) has agreed to purchase privately held Cavalier Telephone for $460M in cash.  The fact that Intellifiber, the regional and metro fiber arm of Cavalier, was for sale has been known since we reported it here back in May.  At that time, I even speculated that one buyer that made a lot of sense was in fact PAETEC.  However, it did not occur to me at the time that PAETEC might be interested in buying all of Cavalier, an event which puts quite an interesting slant on things. [Read more →]

We may soon have another pureplay CDN to invest in.  ChinaCache has filed an F-1 with the SEC, preparing to rase something like $100M in an IPO on the Nasdaq under the symbol CCIH.  And with such a filing comes a supply of financial data that lets us see just where the company fits alongside its peers.  In 2009, ChinaCache took in $39.9M in revenue, recording $10.4M in adjusted EBITDA while losing $5.7M.  In the first six months of 2010, revenues were $25.1M with $7.2M in EBITDA and a loss of $3.6M.   So they’re a little under one third the size of [Read more →]

In an SEC filing today, an entity controlled by Carl Icahn announced that it has purchased another 17.5M shares of the common stock of XO Holdings (news, filings).  It was a private transaction at $0.60 per share, roughly at which the stock was trading yesterday when it occurred.  That’s well below the last price Icahn offered to buy the company at last year.  17.5M shares is rather close to the last reported holdings of R2 Investments, which has been locked in several parallel legal tussles with Icahn – one of which includes XO.  If those shares came from R2, then there could have been a settlement of some sort.  But actually, the seller is probably Diamondback Master Fund, whose last reported holdings were 17.2M shares – I don’t know of any other holders of this size. [Read more →]

Two weeks ago, ABRY Partners completed its acquisition of RCN Metro and separated it from the consumer/SME business as planned.  Since the company is no longer part of the RCN world, it comes as no surprise that they have chosen to rebrand themselves.  Today the company relaunched itself as Sidera Networks.    I have gone through my maps pages to account for the change, but I’m sure there will be spots I have missed. [Read more →]

In a surprise announcement after the market closed, tndm says it has agreed to acquire Tinet, the international wholesale provider of IP transit and Ethernet services.  The purchase price is approximately €87.5M ($111.5M), of which €74.5M will be in cash and €13M will be in the assumption of debt net of cash.  That’s a pretty nice return for the investors that took Tinet off Tiscali’s hands a year and a half ago for €47M or so, but Tinet has been growing quite well since.  After closing, Tinet will become a subsidiary of Neutral Tandem, which seems to be metamorphosing before our eyes. [Read more →]

Yesterday, One Communications said that it has hired Blackstone to serve as its advisor as it ‘explores potential strategic alternatives’.  One Communications is a mostly fiber-light CLEC serving the northeast and Midwest, and is just the right size morsel for some of the larger CLECs to gain scale in one bite.  There is also the possibility of private equity interest, but IMHO a strategic buyer is more likely since there is less metro fiber involved. [Read more →]

Level 3 Communications (NYSE:LVLT, news, filings) won an expanded relationship with CNN, under which the company has installed its Managed Video Network Services (MVNS) in the network’s global headquarters in Atlanta.  The deal goes beyond the long term video backhaul relationship CNN had with Vyvx, and now includes substantial raw bandwidth as well.  CNN’s Atlanta and NYC centers will have 10G connectivity, and there will be 2.5Gbps wavelengths connecting the network’s data centers and supporting ‘business continuity’ which I presume means backups for disaster recovery etc. [Read more →]

I have returned to my collections of network maps with two new pages added to the set covering Canada and Transpacific Cables.  Now when it comes to Canada, I don’t claim to be an expert.  So I’m really looking for input from readers to fill out the table a bit more.  Also, finding online maps for transpacific cables can be a bit difficult, especially for the older ones like TPC-5, so again please chime in if you have a link that ought to be there or even an image I can host. [Read more →]

All three of the top public, US-based CDNs had announcements this morning, but that was where the similarity ended.

Level 3 Communications (NYSE:LVLT, news, filings) had the most technologically exciting news of the three.  They will be demonstrating online 3D technology that will allow the user to customize their smooth streaming, 3D, HD experience using multiple camera angles encoded into the same feed and distributed via the Level 3 CDN.  The demo will be at the Microsoft stand during IBC over the weekend, and will leverage gear from NVIDIA and of course Microsoft’s Silverlight. Sounds really cool – glamour doesn’t pay the bills, but [Read more →]

Ciena (NASDAQ:CIEN, news, filings) reported earnings this morning for its fiscal Q3, which ended on July 31.  Revenues of $389.7M were solidly within the guidance of $375-400M and up from $253.5M in the prior quarter, which simply reflects its first full quarter of revenue from its Nortel MEN unit.  This quarter, $221.8M came from that Nortel unit, which means that $167.9M derived from Ciena’s traditional business – up $3.1M from [Read more →]