Juniper Networks Inc.’s chief executive, Shaygan Kheradpir, is gone after less than a year on the job. Conduct related to his dealings with a customer and his overall leadership being cited, but the lack of details left the company amidst rumours. It seems the reason is that Kheradpir was fighting with the board over his […]
Infinera’s 2014Q4 tops expectations In contrast to forecasts by numerous optical equipment vendors, management at optical transport systems vendor Infinera Corp. forecasted that the company would continue to grow in the year’s final quarter. Infinera reported GAAP revenue of $173.6 million for 2014Q3, towards the higher end of its guidance. The figure exceeded the $165.4 million from the previous quarter […]
Inventory Alert: TruePulse has just received a large shipment of Ciena OME6500 equipment. Some of you may remember that platform as the Nortel OME6500. Cards arriving include NTK516BAE5, NTK533AAE5, NTK535LAE5, NTK539PDE5, NTK543NAE5, NTK544NAE5, NTK555ABE5, and NTK557GA. With a PO by noon Eastern Time, we can ship the same day. All items come with a TruePulse […]
Optical transport vendor Ciena (www.ciena.com) reported fiscal 2014 third-quarter revenues of $603.6 million and adjusted (non-GAAP) earnings of $0.32 per share for the quarter ended July 31, slightly exceeding Wall Street’s expectations. “Our outstanding third quarter performance demonstrates our ability to grow profitability and outperform the market,” stated Gary Smith, CEO, in a prepared earnings […]
According to an August 25th research report, Optical Network Hardware by Infonetics Research, spending on optical hardware grew 27% sequentially in the Q2 of 2014, reaching US$3.3 billion. However, sales were approximately similar to the year ago period, Q2 of 2013. Strong sales in Asia Pacific were in contrast to weaker sales in EMEA. Purchases […]
Investors were rewarded by a Q4 earnings beat by Cisco. But that was little consolation for employees, as Cisco announced the layoff of 6,000 employees or 8% of their workforce. Since 2009, the company has cut roughly 20,000 jobs. Revenues fell from $12.42 billion in 4Q13 to $12.36 billion this year versus a consensus of […]
Here is a question: what do a Barking Squirrel, Golden Horseshoe Blond, and Higherballer Pumpkin all have in common? Why they are all locally brewed Ontario craft beers of course. On Thursday evening, July 17, The Rotary Club of Richmond Hill will be holding their second annual Craft Beer Festival to raise funds for several […]
The recurring theme of the entire conference was the Internet of Things (IoT) or as Nitin Kiwale of Cisco called it, the Internet of Everything (IoE). Cisco is predicting that IoT will result in $14.4 trillion in business (cost savings, productivity gains, new revenues) for the private sector over the next decade, with an additional […]
Perhaps the highlight of the second day of the Canadian Telecom Summit was the Regulatory Blockbuster event. The panel discussion had representatives from both the incumbent national wireless players, and new entrants. The basic message of the incumbents was that they needed incentives to invest capital without having to share those facilities. Ted Woodhead of […]
At the first day of the Canadian Telecom Summit, Mark Henderson, of Ericsson Canada, presented highlights of Ericsson’s Mobility Report. Some of the highlights and implications are below. The number of mobile subscriptions worldwide a respectable 7% year-on-year during Q1 2014. But these modest gains are dwarfed by the fact that mobile broadband subscriptions grew […]