Juniper Posts a Big Q2, Announces CEO Retirement

July 23rd, 2013

Juniper Networks (NASDAQ:JNPR, news, filings) had a big second quarter according to the results announced earlier today.  Revenues easily bested both their own guidance and analyst expectations, while non-GAAP earnings per share and operating margin were also a few ticks ahead of the curve.  And apparently CEO Kevin Johnson decided this high note was a good chance to go out on top, announcing his plans to retire. [Read more →]

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Cisco Bolsters Security Portfolio, Buys Sourcefire

July 23rd, 2013

In a $2.7B deal, Cisco Systems (NASDAQ:CSCO, news, filings) announced this morning that it has agreed to buy Sourcefire for $76 per share in cash.  That’s nearly a 30% premium above Monday’s closing price. Sourcefire offers highly automated, intelligent security solutions that help enterprises and network operators cope with the growing array of modern cyber attacks. [Read more →]

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Digital Realty Buys Site, Plans Haarlemmermeer Data Center

July 23rd, 2013

A data center REIT’s work is never done, there’s always more square footage to be developed. Digital Realty Trust (NYSE:DLR, news, filings) made another such move this morning over in the Netherlands in the suburbs of Amsterdam. They’ve acquired a site in Haarlemmermeer (and no, my ‘a’, ‘e’, and ‘m’ keys aren’t sticking) on which they plan to build an 11.5MW facility. [Read more →]

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Europe M&A: Telefonica to Buy E-Plus From KPN

July 23rd, 2013

Rumbles of consolidation in the European wireless markets turned into reality this morning over in Germany. Spanish-based Telefónica has apparently agreed to purchase E-Plus from the Dutch incumbent KPN, shaking up the balance of power in the most important market in Europe. [Read more →]

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Earnings Previews: Juniper, Akamai, Infinera, Equinix

July 22nd, 2013

This week will see a deluge of Q2 earnings announcements, including an interesting cross-section of the most dynamic internet infrastructure stocks. Here’s a quick look at four of them: Juniper reports on Tuesday, followed by Akamai, Infinera, and Equinix on Wednesday. [Read more →]

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Bharti Airtel Plans Terrestrial Cable to Bangladesh

July 22nd, 2013

In India, Bharti Airtel is putting in fiber to the northeast, linking at last to Bangladesh via a terrestrial fiber cable. The Indian operator is in part looking to boost its wireless capabilities and network quality in the neighboring country, and the new route will complement the existing submarine cable and satellite access that Bangladesh gets nearly all its connectivity from at present. [Read more →]

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Ramblings Jobs: Tech Valley Communications

July 20th, 2013

We have a new job listing this week from Tech Valley Communications up in the northeast. [Read more →]

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Data Bytes: Global Capacity, Sabey, Internap, US Signal

July 19th, 2013

It’s time for a quick Friday roundup of data sector news I didn’t get to this week that’s worth a quick look, with items from Global Capacity, Sabey, Internap, and US Signal: [Read more →]

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EdgeCast Reloads Coffers, Raises $54M

July 19th, 2013

Yesterday EdgeCast Networks dipped back into the private equity markets to raise another $54M in new financing. The new funds will go toward driving additional growth in the form of additional services, intellectual property, and international sales and marketing. [Read more →]

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Vantage Brings in Sureel Choksi as CEO

July 18th, 2013

Another Level 3 alumni has resurfaced to take the helm of a company within telecom and internet infrastructure. Sureel Choksi has been appointed the CEO of Vantage Data Centers, succeeding Jim Trout who will transition to a new role as Founder and CTO. [Read more →]

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GI Partners Buys One Wilshire

July 18th, 2013

onewilshire

One of the USA’s most connected buildings has changed hands again. One Wilshire, the flagship carrier hotel of Los Angeles, has been purchased by a fund managed by the private equity firm GI Partners for the giant state retirement fund CalPERS. [Read more →]

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The Axis of Espionage Grows

July 18th, 2013

This article was authored by Don Sambandaraksa, and was originally posted on telecomasia.net.

Two new names have been added to the Axis of Espionage. It was revealed that Telstra and PCCW have been collaborating with US intelligence agencies, secretly allowing them access to data going through their networks since 2001. [Read more →]

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Telx Unveils Third Manhattan Facility

July 17th, 2013

32aveamericas

The interconnectivity specialist Telx has announced the establishment of a third data center in its main hub city. Yep, they’ve got another facility in Manhattan lined up to go with their presence at 60 Hudson and 111 8th Ave. [Read more →]

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NTT Upgrades PC-1 To 100Gbps

July 17th, 2013

TRImage_43 Jul. 17 07.53

After many tests and demos over the past few years, NTT has finally taken the 100G plunge beneath the Pacific ocean. The Japanese telecommunications giant announced this morning that it has deployed 100G coherent technology on its PC-1 cable system. The upgrade more than doubles the design capacity of the system to 8.4Tbps, and is already in place. [Read more →]

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Pacnet Moves Deeper Into India

July 17th, 2013

TRImage_41 Jul. 17 07.33

China isn’t the only big market in which Pacnet is looking to add depth to its regional footprint. This week they announced a deeper presence in India as well. They have enhanced their PoPs in Bangalore, Mumbai, Chennai, and New Delhi to offer high speed international connectivity. [Read more →]

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Level 3, Comcast Quietly Make Interconnection Peace

July 16th, 2013

Two and a half years after the initial flare-up, Level 3 and Comcast have apparently resolved their differences over peering, transit, net neutrality, and all that Netflix video traffic.  Comcast had demanded Level 3 pay for the extra ports needed to handle a surge in video traffic coming in from their then new CDN contract with Netflix, and while Level 3 had agreed under protest the dispute had simmered on the back burner ever since. [Read more →]

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San Diego to Get More Zayo Fiber Attention

July 16th, 2013

Zayo San Diego metro map

Zayo says it is putting yet more money to work down in San Diego with plans to add an additional 5,000 fiber miles to their metro network.  The project will add capacity to existing routes as well as extend metro connectivity into surrounding communities such as Oceanside, Encinitas, Del Mar and Escondido. Zayo will also be [Read more →]

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Alcatel-Lucent Claims New Undersea Speed Record

July 16th, 2013

We’re still in the early stages of 100G deployment, but the next wave of technology is hitting the testing and demo stage. Alcatel-Lucent (NYSE:ALU, news, filings) today claimed a new world record for highest subsea capacity over a single fiber, putting a whopping 31 Tbps over a 7200km link. [Read more →]

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Poll: Why is AT&T Buying Leap?

July 16th, 2013

AT&T’s planned purchase of Leap Wireless and its Cricket prepaid brand came as a bit of a surprise, if only because they could have done it long before this if the drivers were compelling enough to pay a 90% premium to the current stock price.  The 3G network is incompatible, the spectrum is valuable but not a perfect fit, and it’s not so big as to shift any major needles for AT&T.  So it’s time for a poll: why is AT&T doing this? [Read more →]

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Tuesday Roundup 7/16: HE.net, Geo, EarthLink, Zayo

July 16th, 2013

Here’s a quick roundup of some news from competitive network operators this week, with an expansion by Hurricane Electric, customer contracts for Geo and EarthLink, and some new board members at Zayo. [Read more →]

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Fiber M&A: BTG Buys GlobeNet From Oi

July 15th, 2013

GlobeNet network map

Private equity has bought itself some more fiber, this time down in Brazil.  Oi today announced that it is selling the assets that make up its GlobeNet division to a subsidiary of the infrastructure fund  BTG Pactual Infraestrutura II Fundo de Investimento em Participacoes for R$1,745,590,000.00 (about $777M).   [Read more →]

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CDNetworks, NSN Team Up For Mobile CDN

July 15th, 2013

Hoping to advance their combined mobile content capabilities, CDNetworks and Nokia Siemens Networks are teaming up. They have signed a memorandum of understanding aimed at coordinating their respective technologies. [Read more →]

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Inteliquent Boosts Guidance Again

July 15th, 2013

The wholesale voice tandem business is apparently not quite dead yet.  Just two and a half months after its sale of the former Tinet network to GTT in April and its refocus on the core voice business, Inteliquent is out there materially raising 2013 guidance this morning: [Read more →]

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