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verizon businessBASKING RIDGE, N.J. – Verizon’s Computing as a Service (CaaS) has been selected by Light Reading magazine as one of its 2009 Top Picks in the business services category (fixed or wireless).

Light Reading editors chose award winners from around the world after weeks of discussion with readers, analysts and industry sources regarding which communications technologies, services and products would shape the industry over the next 12 months.

Phil Harvey, Light Reading’s editor-in-chief, said, “Congratulations to all the companies and individuals who were selected as this year’s Top Picks. The Top Picks were chosen by Light Reading’s editors because they embody the trends that we believe are really pushing the communications industry forward.”

With regard to CaaS, Harvey noted that he is “definitely seeing a trend with all the big telcos wanting to provide the connection to the network, equipment to get you on the network, the apps to run on the network, and the storage to lock away the work created by using all those apps. Verizon seems to have packaged and marketed the capabilities better than anyone else to date.”verizon cloudcomputing

Joe Crawford, Verizon executive director, IT Solutions, said, “This award illustrates how Verizon Business, through our innovation and vision, is changing the way enterprises use IT resources. Backed by our world-class security and performance, enterprises can now use the cloud to deliver even their most critical business applications.”

Verizon’s CaaS Offers Exceptional Performance and Security
Verizon launched its Computing as a Service (CaaS) solution in June with a focus on delivering exceptional performance and security for enterprises. With CaaS, businesses and government agencies can take advantage of cloud (IP-based) computing to more efficiently and securely manage IT resources – server, network and storage.

Available in the U.S., Europe and the Asia-Pacific region, this service – which leverages Verizon Business’ world-class IP infrastructure and data centers – enables mid-market and large companies to use a Web-based portal to employ computing resources in the quantities and duration dictated by their business needs. As a result, businesses pay only for the resources used and avoid having to build out peak capacity requirements by buying new equipment and adding staff.

For more information, visit the Top Picks page on Light Reading at: http://www.lightreading.com/top-picks.

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NATO employs PolyCom TelePresence

October 19, 2009 Polycom News (Nasdaq: PLCM)

The North Atlantic Treaty Organization (NATO) recently deployed immersive telepresence solutions from Polycom, Inc. (Nasdaq: PLCM) to improve operational efficiency, interagency collaboration and enhance its ability to support out of area operations.
“Information flow is vital to fulfilling our goals and mandates, as well as maximizing the productivity and efficiency of personnel and ensuring the success [...]

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Telenor, T-Mobile, Vodafone and Tele2 meet to discuss the future of Telecom

October 6, 2009 Telecom Equipment

The European Telecom industry is one of the most competitive in the world. This has been accredited to the affinity between network operators. With a turnover of approximately EURO 290 billion, the industry is constantly growing, but with growth comes new challenges.
A recent challenge facing the industry is its high-profile loss against the [...]

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Code of Conduct on Energy Consumption of Broadband Equipment

September 23, 2009 Alcatel-Lucent News ( NYSE: ALU )

Alcatel-Lucent (Euronext Paris and NYSE: ALU) has signed the European Union’s Code of Conduct on Energy Consumption of Broadband Equipment. By signing the Code of Conduct, Alcatel-Lucent commits to make all reasonable efforts to abide to the principles described in the Code of Conduct (version 3 ‑ 2008) for the broadband communications equipment it [...]

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No Money In Voice – Welcome 4G!

August 4, 2009 Carriers

As profits dwindle, telecom giants join forces at the Next Generation Telecom Summit to cash-in on the new 4G world.
The last five years has seen unprecedented change in communications. The European consumer has a plethora of handset choices and packages. The average handset has evolved from the humble voice-box, to the total media centre. [...]

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Level 3 Q2 2009 results

July 30, 2009 Level 3 News (Nasdaq: LVLT)

Level 3 Communications, Inc. (NASDAQ: LVLT) reported consolidated revenue of $942 million for the second quarter 2009, compared to consolidated revenue of $1.09 billion for the second quarter 2008.
The net loss for the second quarter 2009 was $134 million, or ($0.08) per share, compared to a net loss of $42 million, or ($0.03) per share [...]

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Russian Synterra and Verizon Business

July 8, 2009 Verizon Business News (NYSE:VZ)

Synterra, a national telecommunications service provider of the Russian Federation, and U.S.-based Verizon Business  have signed a master services agreement that will provide significant benefits to customers of both companies. The signing occurred in Moscow on Wednesday (July 8th) during the week of the U.S.-Russian Presidential Summit.
The joint agreement will allow Synterra customers in [...]

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80 Gbps of Financial trading traffic

June 25, 2009 Level 3 News (Nasdaq: LVLT)

Level3 has completed a fiber optic network between Chicago and New York, the company announced today. a significant service level requirement for financial exchanges and other trading venues.
“Level 3 designed the low-latency route to support financial services customers as they continue to face intense competition and pressure to improve transaction cycle time,” said Paul Savill, [...]

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Verizon Business Cloud-Based Computing as a Service

June 4, 2009 Verizon Business News (NYSE:VZ)

Verizon Business today introduced the industry’s most comprehensive on-demand, “cloud-based” Computing as a Service (CaaS) solution designed to meet the stringent security and performance requirements of enterprise customers.
This new offering helps businesses take advantage of cloud (IP-based) computing to more efficiently and securely manage IT computing resources – server, network and storage – to meet [...]

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