Smart home automation systems may still be a nascent market segment, but according to ABI Research, it is going to grow at a compound annual growth rate of 21 percent between 2015 and 2020.
Hibernia Networks is connecting its Express submarine cable to Cork, Ireland, via the buildout of a new cable landing station, giving area service providers and businesses access to North America and the U.K.
PON-equipment vendors may have seen a good revenue uptick in the third quarter of 2014, but the overall global broadband-aggregation-equipment market declined to $2 billion, according to Infonetics.
PON equipment vendors may have seen a good revenue uptick in the third quarter of 2014, growing 1 percent sequentially due to GPON optical network terminal (ONT) sales in North America, but the overall global broadband aggregation equipment market (DSL, PON and Ethernet FTTH) declined sequentially in the third quarter of 2014 from the second quarter of 2014, to $2 billion, reports Infonetics.
Level 3 is realigning its movement in Europe, Middle East and Africa (EMEA) and its customer base there by naming Andrew Crouch as the region's president. Crouch, a UK native, has moved back to his homeland country to oversee the EMEA region following Level 3's close of its acquisition of tw telecom on Oct. 31.
A host of new copper fiber broadband deployments by service providers in Asia Pacific, EMEA and North America drove up broadband aggregation revenues past $2 billion during the second quarter.
Subscription video on demand providers, led by Amazon and Netflix, make up nearly half of over-the-top revenues in North America and are driving a market that will likely top $10.7 billion this year alone, a new report by Strategy Analytics says.
Level 3 Communications has put together the pieces of what will be the new management team once it closes its pending $5.7 billion acquisition of tw telecom later this year. The new team will include a collection of executives from both Level 3 and tw telecom.
Ericsson hopes to prompt Europe's public sector to invest more in next-generation telecom technology, including 5G mobile broadband, by disclosing more information about the diminishing returns the company is seeing from R&D it conducts in the region.
Ericsson reported lower first-quarter sales but higher gross margins and profits as it focused on more lucrative contracts. However, the company saw a sharp 23 percent fall in revenue from North America, as large LTE coverage buildouts have peaked.