Yesterday, Calix, Inc. announced unaudited financial results for the second quarter ended June 27, 2015. Revenue for the second quarter of 2015 was $99.1 million, an increase of 1.1% compared to $98.0 million for the second quarter of 2014. However, that still resulted in on overall loss of $5.8 million for the quarter. “Our second […]

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15 years ago this month, Nortel Networks’ shares hit an all-time high of $124.50 on Toronto’s stock market.  There may have been parties by Nortel employees and shareholders then, but none to mark this anniversary.  At its peak, Nortel represented 37% of the TSX Composite Index.  This was at a time when it appeared that […]

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A new IDC Canada report predicts that IPTV and OTT (over the top) services will erode Canadian television revenues by 7.8% over the next 5 years. The report, entitled Canadian TV Services Forecast, 2015-2019 by Emily Taylor and Lawrence Surtees forecasts that a half million Canadian cable subscribers will cut the cord over that period. […]

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Earlier today, the European Commission (EC) approved the merger of Nokia & Alcatel-Lucent (see http://www.truepulse.com/nokia-takes-control-of-alcatel-lucent/ ).  This result was not surprising, but you never know for sure until it happens. In the announcement, “The Commission concluded that the transaction would not raise competition concerns, in particular because the parties are not close competitors and since […]

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Sorry if you tried to reach me this morning.  I took time out from selling central office and optical transport telecom to go with the family to the Pan Am Games in Toronto.  At the Track and Field events, we saw Mens 110 meter hurdles, Woman’s heptathlon, Mens Triple Jump, Woman’s 4 x 400 meter […]

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In yesterday’s announcement, the Canadian Radio Telecommunication Council (CRTC) has decided to open up the incumbent telco’s fiber and access networks to competitors. The goal is to provide consumers more choice in high-speed internet access. The five largest providers, BCE (Bell Canada), Rogers Communications, Quebecor (Videotron), Shaw Communications and Telus, together control about 75 per […]

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Earlier today, Verizon Communications Inc. announced results for 2015Q2. Verizon reported non-GAAP earnings per share of $1.04 in the most recent quarter, versus the $0.91 of 2Q14, a growth of 14%. Total operating revenues in second-quarter 2015 were $32.2 billion, a 2.4 percent increase compared with second-quarter 2014. Excluding second-quarter 2014 revenues from a business […]

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Earlier today, Huawei announced their unaudited financial statements for the first half of 2015. Huawei continues to trounce the other telecom equipment manufacturers showing an incredible 30% YoY increase in sales. Compared to Western telecom equipment vendors including Ciena, Alcatel-Lucent and Ericsson, Huawei growth is staggering. According to their latest unaudited results, revenues grew to […]

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Shark Week on Discovery always brings a lot of attention to the whole shark area.  But are shark attacks to undersea fiber optic cables a significant threat to the world’s optical transport networks?  An old YouTube video receiving a lot of renewed interest would indicate yes. https://www.youtube.com/watch?v=1ex7uTQf4bQ&feature=youtu.be  The video appears to show a six-gilled blunt […]

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Not every blog entry can have an optical transport or telecommunications theme. After all, we need a life too! Consider the 3rd Annual York Region Craft Beer Festival brought to you by the Rotary Club of Richmond Hill. Come sample beer from many of Ontario’s finest craft breweries. Live music from local bands. Food from […]

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