More Metro Maps: PA and Upstate NY

December 13th, 2009
 

Continuing my push to collect publicly available metro fiber maps from all regions of the US, I added two new pages today:  Pennsylvania and Upstate NY/Ontario.  In Pennsylvania there is actually quite a bit of competitive fiber out there even though TW Telecom is not present anywhere in the state.  Obviously the two largest markets of Philadelphia and Pittsburgh get the most attention, however once you get outside those two there are only two:  Zayo and Level 3.  Zayo's footprint derives largely [Read more →]

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Weekend Roundup – Level 3, TW Telecom, Equinix, Global Crossing

December 11th, 2009
 

While there wasn't an overflow of news this week, there were nevertheless many stories I didn't manage to cover for one reason or another.  In this case, there were quite a few contracts announced that I didn't have enough to say about for a full post but which were interesting nevertheless.  Sometimes it is the smaller company news that winds up in a weekend update, but this week it's the other way around I guess [Read more →]

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More Metro Fiber Maps: New England

December 11th, 2009
 

I have added a page on New England to my metro fiber maps section.   As always, if you know of any companies and/or maps that ought to be on this list, let me know.  The deepest players in the region (each in its own way) are Fibertech, RCN Metro, and Lightower, with Level 3 Communications (NYSE:LVLT, news, filings) also holding a former Telcove stronghold up in Vermont that I don't have a map for yet.  One company in the region that I am still learning about is Veroxity which seems to have a substantial presence in the suburbs of Boston amongst others.  [Read more →]

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Ciena Reports Q4, Revs Its Engines

December 10th, 2009
 

Telecom equipment provider Ciena (NASDAQ:CIEN, news, filings) reported earnings this morning, giving us our latest glimpse into what will hopefully be a sustained economic recovery in the sector.  Revenues of $176.3M were up 7% from 164.8M in the prior quarter and were well above expectations.  Guidance had been for flat revenue growth, and analysts weren't looking for much more than that.  Sales in the equipment sector tend to be very volatile, and when the recession hit [Read more →]

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On Google Buying Sprint

December 9th, 2009
 

Over on Infoworld there is a long article extolling the virtues of a merger between Google and Sprint Nextel (NYSE:S, news, filings) that is worth a read.  The basic argument is that by getting its hands dirty with an actual mobile network, Google could bring about the change that it so clearly wants.  What change is that?  Why an open, data-centric, mobile future for everyone of course.  In the past I have come down on the skeptical side regarding Google's likely M&A hunger in Telecom, I generally feel that Google is much more interested in prodding others than in taking ownership itself.   [Read more →]

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Qwest Embraces Over-The-Top Video

December 8th, 2009
 

Apparently, q is choosing to embrace the long awaited flood of over-the-top video rather than try to enter the content markets itself.  A Light Reading article details comments by Qwest's Neil Cox, which include gems like this:

"We are seeing ASV -- ad-supported video -- and Blu-rays and new TVs hooked up to the Internet, and we at Qwest are not going to stand in the way.  We want to make sure [OTT content providers'] video works better on our network than on anyone else's network."

I'm sure that's music to network [Read more →]

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An Email Snafu

December 8th, 2009
 

An administrative note.  Apparently, readers who attempted to contact me in the past few days at info@telecomramblings.com had their email bounce back with a message saying my mailbox was full.  And so it was, a particularly gifted spammer decided to pay a visit.  The situation has now been rectified, hopefully permanently.  So for those who may have tried, my sincere apologies for the inconvenience - please do try again.

And now back to our regularly scheduled programming...

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Pacnet To Build Cable to India

December 8th, 2009
 

Pacific network operator Pacnet has announced its intent to build a submarine cable that will connect India to its EAC/C2C cable systems.  The new system, to be called West Asia Crossing, will run between Chennai and both Singapore and Malaysia, with possible additional landing points in Mumbai as well as Bangladesh and Sri Lanka.  The new cable will be initially designed to carry as much as 6-8Tbps.  It will cost some $150M and would be ready in 2 years, assuming liftoff is successful. [Read more →]

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Telecom Ramblings Jobs: Vonage

December 8th, 2009
 

Over on the Telecom Ramblings Jobs Board, we have a new job listing from Vonage, which is seeking a Traffic Engineer in Holmdel NJ.  I have been running the jobs board for a while now, but the timing hasn't been there - in the midst of a recession there hasn't really been a huge demand.  However, there are some hopeful economic signs out there, and traffic growth isn't slowing down so spending will have to recover sooner or later regardless.  And hopefully this website can do its part in helping along [Read more →]

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BT Seeks New CDN Path

December 8th, 2009
 

Last winter when it seemed like every telecommunications company was making plans for a CDN of one kind or another, British Telecom (NYSE:BT, news, filings) was said to be building its own rather than buying, reselling, or partnering with one.   Now it has emerged that their plan is a bit different than we might have expected from earlier comments.  BT Wholesale apparently wishes to build a CDN in collaboration with its ISP competition. [Read more →]

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Akamai Unwraps an Early Christmas Gift

December 7th, 2009
 

Akamai (NASDAQ:AKAM, news, filings),the 800lb gorilla of content delivery, raised guidance this morning for the fourth quarter and fiscal year.  Revenue is now expected to be $230-235M, up quite substantially from the earlier projection of $217-224M.  Earnings per share of $0.42-0.43 are likewise expected to exceed the previous range of $0.39-0.41.  Mid-quarter increases in guidance have been rare in this recession to say the least, and so this is very welcome news.  Does this mean the CDN industry has shifted back into gear? [Read more →]

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More Metro Maps: DC Metro and the Southwest

December 6th, 2009
 

I have added two more lists of competitive metro fiber maps to my collection:  one for the Maryland, Delaware, and Washington DC Metro area, and one for the southwestern states of Arizona and New Mexico. There is of course lots of fiber around Washington DC, and a major part of it is in northern Virginia out in Reston, Herndon, McLean, etc.  I chose to follow the lead of politics and lump that part of Virginia with DC, the rest of the state will be grouped with the Carolinas.  Why?  I had to divide [Read more →]

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On Bandwidth, Hogs, and Congestion

December 6th, 2009
 

On Thursday, Benoit Felten over on Fiberevolution and Herman Wagter of Dadamotive issued a joint challenge to last mile providers to offer proof that that bandwidth hogs exist.  Well, not so much whether they exist, but more whether or not they cause congestion and thus hurt the internet experiences of everyone else.  After all, proof of existence is easy.  Take a bell curve of bandwidth usage, choose a point a few standard deviations to the right, and you've defined yourself a hog.  But although Felten's title was a bit dodgy, it was quite catchy and thus it did its job well and has gotten a great deal of attention.  The article did the remainder of the job, which was to put a finger precisely on a logical [Read more →]

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Tiscali Selects Infinera

December 3rd, 2009
 

Italian carrier Tiscali has chosen Infinera for its backbone.  They will be deploying both Infinera's DTN in the longhaul and its ATN in the metro across their footprint.  That includes more than 80 metro areas or most of the substantial cities in the country.  Infinera has been relatively quiet since formally rolling out its new metro gear, but it seems clear that the ATN had a lot to do with this win.  With its 40G gear still about a year away Infinera's growth in 2010 will lean heavily on its new metro and submarine products, so every joint win counts. [Read more →]

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Zayo to Accelerate Capex in 2010

December 2nd, 2009
 

Regional and metro fiber provider Zayo today previewed its capex budget for 2010.  The company has earmarked some $65M for expansion of its fiber networks.  They will finish 2009 having spent $45M while adding more than 400 on-net locations.  Hmmm, will the increased dollars turn into another 600+ on-net locations this year?  I think only TW Telecom is moving faster than that on an absolute basis, but they are [Read more →]

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Metro News, Texas Fiber Maps, and a Statistics Update on the Way

December 2nd, 2009
 

I have added another group of metro fiber maps to my collection, this time focusing on Texas.  Like Florida, Texas has many large cities, but the same companies tend to show up in most of them and therefore it is convenient to treat them as a group.  I'm sure I'm missing a few still, but it's a start.  Additionally, this month I will be updating and enhancing my metro fiber provider and on-net buildings list, and will be looking at the changes we've seen since [Read more →]

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Nokia Siemens Challenges Ciena’s Nortel Win

December 1st, 2009
 

Last week it appeared to be all over.  They had an auction for Nortel's MEN division and Ciena (NASDAQ:CIEN, news, filings) came out with the top bid, 'nuff said right?  But apparently Nokia Siemans' best bid was not actually its best bid, since according to a Reuters report they have now raised it to $810M in cash.  After adding the $21M that Nortel would have to pay Ciena to call off its deal, that's an additional $20M above Ciena's $769M winning bid.   [Read more →]

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SevenOne Chooses Level 3 for CDN

December 1st, 2009
 

SevenOne Intermedia has selected the CDN services of Level 3 Communications (NYSE:LVLT, news, filings), adding to their success in the European content market.  SevenOne is the multimedia arm of ProSiebenSat.1 Media AG, which itself is not exactly a household name in the USA.  They offer television mostly in Germany but have a presence in some 13 European countries and are Europe's second largest broadcasting group.  SevenOne operates the company's web properties and is responsible for all new [Read more →]

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RCN Metro Hooks Up Telx

November 30th, 2009
 

RCN Business (NASDAQ:RCNI, news, filings) Metro announced today that it has added a direct connection to datacenter specialist Telx's Financial Business Exchange in Clifton NJ.  By hooking up with RCN's financial network, Telx is of course looking to add to the low-latency portfolio it can offer to the financial community.  Combined with connections to Telx other facilities in NYC and to a collection of financial exchanges and other data hubs in the metro area, this will provide Telx with improved connectivity and service options with which they can [Read more →]

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Fiber Valuation Trends – 11/30/2009

November 29th, 2009
 

Having looked at the relative trends in EBITDA margin, Revenue, Capex, and EBITDA-Capex across a selection of public fiber-based competitive telecoms, it is now time to take another look at valuation trends.  In other words, how has the market's perception of these companies changed in response to the movement of these various metrics, both collectively and individually?  First a few details:  [Read more →]

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Next Up For Windstream? How About Deltacom …

November 29th, 2009
 

On Wednesday before the Thanksgiving break, Windstream (NYSE:WIN, news, filings) dropped another M&A bombshell on the telecom market, taking out Iowa Telecom for $1.1B including some $600M in net debt.  This follows the acquisition of D&E in May and its recently announced acquisitions of Lexcom in North Carolina and of CLEC NuVox just a few weeks ago.  Quite a roll-up being managed out of Little Rock this year, eh? [Read more →]

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Clearwire Rakes In Even More Dough

November 25th, 2009
 

You know, given the prevailing gloom and doom scenarios offered by so many financial and tech analysts for Clearwire's future, I would have expected the company to have to work their asses off to raise just $1B at a time like this.  But the same street which has so many doubts is practically throwing money at these guys.  Yesterday they just raised another $920M.  So how much does that [Read more →]

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Competitive Telecoms: Relative Revenue Trends

November 24th, 2009
 

After looking at EBITDA Margin, Capex, and EBITDA-Capex across the sector, I'll finish up this series with a look at Revenue.  Everyone wants to grow of course, but in this recession there has been a divergence in the sector's growth profile.  Seen alongside the EBITDA and Capex trends, we get a fuller picture of what is going on in the sector.  Here is the relative revenue growth chart over the past 7 quarters: [Read more →]

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