Search This Blog

Showing posts with label fiber. Show all posts
Showing posts with label fiber. Show all posts

Wednesday, March 21, 2012

Broadcom Extends Fiber Access Portfolio with Acquisition of BroadLight

Broadcom Extends Fiber Access Portfolio with Acquisition of BroadLight

End-to-End Platform Opens New Addressable Markets for Next Generation Fiber Networks

IRVINE, Calif.March 21, 2012 /PRNewswire/ -- Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today announced it has signed a definitive agreement to acquire BroadLight, Inc., a Delaware corporation with an Israel-based subsidiary. BroadLight is a privately held provider of highly integrated networking and fiber access PON (Passive Optical Network) processors. With the addition of BroadLight,Broadcom expands its broadband access portfolio to support customer requirements for rolling out next-generation fiber networks worldwide. 
"The need for increased bandwidth for IPTV services, HDTV broadcasting and high speed Internet access are driving momentum for deploying fiber networks," said Dan Marotta, Executive Vice President and General Manager of Broadcom'sBroadband Communications Group. "Combining BroadLight's PON solutions with the strength of Broadcom's broadband access portfolio will enable us to offer a complete, end-to-end solution for customers — from OLT at the central office to CPE at the home. BroadLight's strong engineering team and broad IP will complement and extend our ability to deliver next-generation access technologies to customers."
In connection with the acquisition, Broadcom currently expects to pay approximately $195 million, net of cash assumed, to acquire all of the outstanding shares of capital stock and other equity rights of BroadLight. The purchase price will be paid in cash, minus a portion of such purchase price attributable to certain unvested employee stock options that will be paid inBroadcom restricted stock units. Additional consideration of up to $10 million in cash will be reserved for future payment to holders of BroadLight capital stock and other rights upon satisfaction of certain performance goals. Excluding any purchase accounting related adjustments and fair value measurements, Broadcom expects the acquisition of BroadLight to be roughly neutral to earnings per share in 2012. The transaction is expected to close in Broadcom's second quarter of 2012 and remains subject to customary closing conditions.

Tuesday, March 20, 2012

AT&T Invests > $600 M in Kentucky

AT&T Invests More Than $600 Million in Kentucky from 2009 through 2011 to Improve Local Networks
Company Builds New Cell Sites, Boosts Capacity and Adds Fiber Optics to Enhance Networks
Louisville, Kentucky, March 20, 2012
AT&T* invested more than $600 million in its Kentucky wireless and wireline networks from 2009 through 2011 with a focus on improving the company’s mobile Internet coverage and overall performance of its networks.
During 2011, AT&T made more than 900 wireless network upgrades in four key categories in Kentucky.
These enhancements include:
·         Activating nearly 45 new cell sites or towers to improve network coverage.
·         Deploying faster fiber-optic connections to more than 275 cell sites. Combined with HSPA+ technology, these deployments enable 4G speeds**.
·         Adding capacity or an extra layer of frequency to cell sites – like adding lanes to a highway – with the addition of more than 425 of these layers, or “carriers.”
·         Upgrading nearly 150 cell sites to provide fast mobile Internet speeds.
“More developed wireless networks help drive economic growth and stimulate jobs by equipping Kentucky businesses to meet the customer demands of today and tomorrow,” said Mike Mangeot, president and CEO of the Kentucky Association for Economic Development. “By providing Kentuckians with faster speeds, greater reliability and better coverage, we improve not only the quality of life, but we better enable the innovation that will be required for Kentucky to compete in a global economy.”
AT&T has invested more than $95 billion nationwide in its wireless and wireline networks over the past five years, and invested $20 billion in 2011 to improve and expand its networks.
“The jobs of the future will require access to a robust wireless infrastructure in both rural and urban areas and this investment is a significant step towards making that happen,” said Kentucky Chamber of Commerce President Dave Adkisson.  “As the number of Kentuckians who rely on wireless devices continues to grow, our Commonwealth must do all it can to enable access to the new technologies needed for future innovation and job growth.” 
“Thanks to the vision and business-friendly approach of the General Assembly, Kentucky has a strong regulatory environment for telecom infrastructure investment,” said AT&T Kentucky President Mary Pat Regan. “As our legislators seek to move Kentucky forward in 2012, we hope they will build upon their past success and update our telecom laws to encourage even more capital investment across the Commonwealth.”
Regan said her company’s local investment creates many advantages for the people of Kentucky. “Arecent study by the NDN think tank found that innovation has driven continued investments to upgrade the mobile Internet infrastructure in America, including transitions from 2G to 3G and now from 3G to 4G,” said Regan. “The world is going wireless, and this technology is enabling, empowering, enriching and enhancing lives at work, at play and everywhere in between. This investment has spurred significant new job creation and growth across all sectors of the economy and has fostered employment for U.S. workers.”
“Our goal is to deliver a network experience that mobilizes everything for customers. The ongoing investment we’re making in Kentucky is designed to increase coverage, reliability and to provide advanced services to our customers,” said Chris Percy, vice president and general manager, AT&T Mobility and Consumer Markets for Kentucky and Tennessee.
CNN Money recently recognized AT&T for enhancing its wireless network. Last year, AT&T completed 150,000 network enhancements across the country, more than triple the year before, giving customers more capacity and faster speeds, as well as improving 3G dropped-call performance by 25 percent.
 AT&T plans to support the build or upgrade of thousands of cell sites nationwide to increase network speed, coverage and reliability for both mobile voice and Internet services. In addition, AT&T plans to install additional radio “carriers” at thousands of cell sites nationally, enabling new layers of spectrum capacity to carry larger volumes of mobile Internet traffic. Additional capacity helps support rising mobile data traffic volumes, which continue to increase at a rapid pace.
AT&T operates the nation’s largest Wi-Fi network*** with nearly 30,000 hotspots in the U.S. and provides access to nearly 190,000 hotspots globally through roaming agreements. Most AT&T smartphone customers get access to our entire national Wi-Fi network at no additional cost, and Wi-Fi usage doesn’t count against customers’ monthly wireless data plans.
For more information about AT&T’s coverage in Kentucky or anywhere in the United States, consumers can visit the AT&T Coverage Viewer. Using the online tool, AT&T customers can measure coverage quality of coverage from a street address, intersection, ZIP code or even a landmark. 

For updates on the AT&T wireless network, please visit the
 AT&T network news page.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
**4G speeds delivered by HSPA+ with enhanced backhaul. Available in limited areas. Availability increasing with ongoing backhaul deployment. 4G device required. Learn more at att.com/network.
*** Largest based on company branded and operated hotspots. Access includes AT&T Wi-Fi Basic.  A Wi-Fi enabled device required. Other restrictions apply. See www.attwifi.com for details and locations.