Starting in 2008, Verizon Business will be even better positioned to deliver network capacity across Europe for high-bandwidth applications like video and advanced business services with an optical network supported by Nortel* [NYSE/TSX: NT] equipment. The equipment purchase supports 10G services as well as emerging 40G services and will allow
BASKING RIDGE, N.J. – To meet the growing demand for faster, better performance, Verizon Business is quadrupling the standard speed on its backbone network circuits connecting major U.S. cities.
Verizon Business has deployed one of the first router-to-router 40Gbps (OC-768) circuits carrying live traffic using Juniper Networks high-performance T-series core routers. These fully functional 40Gbps (gigabits per second) interconnections between backbone routers are carrying production Internet traffic between Washington D.C. and Chicago as well as production voice, data and video traffic on Verizon’s multi protocol label switching (MPLS) network between Washington D.C. and New York City.
Verizon Business plans to deploy additional 40Gbps transmission spans and circuits on its U.S. domestic network through the end of the year and into 2008. The most common standard deployed today for high-speed circuits is 10Gbps.
“Moving from 10Gbps to 40Gbps demonstrates Verizon Business’s commitment to meet our customer needs and invest in state-of-the art technology that takes our backbone infrastructure to the next level,” said Fred Briggs, executive vice president of network operations and technology for Verizon Business. “Aggregating IP traffic onto one 40Gbps wavelength means not only higher traffic throughput, but lower latency and reduced jitter, which translates into enhanced performance and responsiveness for Verizon Business customers.”
Verizon’s FiOS success, explosion of Gigabit Ethernet customer access circuits, expansion of voice-over-IP services and rapid growth of Internet traffic around the world all continue to push the demand for faster routers and higher capacity in Verizon Business’s backbone.
“With the T-series and JUNOS software, we’re helping Verizon Business achieve its objectives of leading the industry in next-generation IP performance and leveraging IP/MPLS technology in the core of the network to best serve its customers,” said Kim Perdikou, executive vice president and general manager, Infrastructure Products Group, Juniper Networks. “As consumers continue to increase the adoption of broadband access, while at the same time requiring increased performance for high bandwidth applications, Juniper enables our customers to keep pace with escalating business requirements, while controlling costs as they scale.”
Juniper Networks T-series delivers the unique combination of advanced routing features, world-class IP/MPLS capabilities, as well as the reliability and scalability needed to make it an ideal platform for high-performance core applications. With TX Matrix technology, the T-series provides a seamless migration path to enable providers to scale to multi-terabit speeds. The T-series routing platforms provide a comprehensive range of fiber-optic and electrical transmission interfaces, including Ethernet, ATM, Channelized, SONET and serial interfaces.
Deploying the T-series with 40Gbps technology not only increases the performance of the Verizon Business network and its total capacity, but also helps the company control network equipment costs including installation, operations and maintenance.
About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE: VZ), is a leading provider of advanced communications and information technology (IT) solutions to large business and government customers worldwide. Combining unsurpassed global network reach with advanced communications, security and other professional service capabilities, Verizon Business delivers innovative and seamless business solutions to customers around the world. For more information, visit www.verizonbusiness.com.
About Juniper Networks
Juniper Networks, Inc. is the leader in high-performance networking. Juniper offers a high-performance network infrastructure that creates a responsive and trusted environment for accelerating the deployment of services and applications over a single network. This fuels high-performance businesses. Additional information can be found at www.juniper.net.
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Juniper Networks and the Juniper Networks logo are registered trademarks of Juniper Networks, Inc. in the United States and other countries. JUNOS is a trademark of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.
XO Communications today announced that the Court of Chancery of the State of Delaware has ruled in favor of XO Communications
PAETEC Holding Corp. (NASDAQ GS: PAET) announced the completion of its transaction to acquire Allworx Corp., effective October 31. PAETEC acquired Allworx, a privately held company that develops, designs, markets, and sells a complete phone and network system designed to benefit small and medium-sized businesses, in a $25 million all-cash acquisition.
“We are excited to bring on board the entrepreneurial spirit and technical expertise of the Allworx employees,” said PAETEC Chairman and CEO Arunas A. Chesonis. “This transaction will allow us to offer the innovative Allworx product line to an important segment of our customer base while offering the breadth of PAETEC’s network services to existing Allworx customers.”
“I’m very proud of the success of Allworx and the quality of our people,” said Allworx co-founder George E. Daddis Jr. “Joining PAETEC brings tremendous resources and synergies that will allow Allworx to accelerate its push into the SMB telephony market and grow its consulting division all while maintaining the ability to work as a team and form industry partnerships.”
PAETEC adds approximately 70 employees through this transaction, bringing the company’s total to roughly 2,400. Allworx’ operations will remain in its East Rochester, N.Y., location, and will function as a wholly owned subsidiary of PAETEC.
PAETEC (NASDAQ GS: PAET) is personalizing business communications for medium-sized and large businesses, enterprise organizations and institutions across the United States. We offer a comprehensive suite of voice, data, and IP services, as well as enterprise communications management software, network security solutions, CPE, and managed services. For more information, visit www.paetec.com.
Covad Communications Group, Inc. (AMEX: DVW) announced its third quarter of 2007 financial results, including $121.9 million in net revenues, $10.3 million in A-EBITDA and a net loss of $4.9 million, or a $0.02 loss per share.
RESTON, VA – XO Communications today announced the completion of its 800 Gigabit (Gbps) capacity upgrade on major coast-to-coast routes of its nationwide fiber optic network and the unveiling of a new, groundbreaking installation guarantee for wholesale customers that need faster provisioning of high-capacity network services.
As a result of the explosion in customer driven demand for bandwidth-intensive Web 2.0 applications and services including online video streaming, rich multi-media content, wireless data, HD video, and higher-speed broadband offerings, service providers such as cable companies, content providers and wireless and wireline telecommunications companies are facing increased demands on their networks for more capacity. Despite this demand for increased network capacity, many wholesale customers face prolonged provisioning delays with their current network services provider.
Update: see Covad Megapath Merger
Covad Communications Group Inc., (AMEX: DVW), a leading national provider of integrated voice and data communications, today announced that it has signed a definitive agreement to be acquired by Platinum Equity in an all-cash transaction.
Under the terms of the agreement, which was unanimously approved by Covad