Business

NEWS

Nokia combines China businesses into new Shanghai Bell joint venture

Nokia has signed a definitive agreement with China Huaxin Post & Telecommunication Economy Development Center to integrate Alcatel-Lucent Shanghai Bell (ASB) and Nokia's China business. The new joint venture will be branded Nokia Shanghai Bell (NSB).

The arrangement is similar to the joint venture that existed between Alcatel-Lucent and China Huaxin, which is a Chinese state-owned investor.

NEWS

Enet and SIRO partner for wholesale FTTB in Ireland

One of the barriers to retail competition over local fibre networks has been lack of software to connect retail service provider systems with those of local infrastructure providers. Now fibre companies in Ireland have joined forces to address this issue.

Enet, a wholesale communications provider, has signed a deal with SIRO that will enable enet to become a SIRO aggregator.

NEWS

Verizon awards $300M optical cable supply deal to Prysmian

US operator Verizon has taken further steps to secure supplies of fibre-optic cable for its next-generation network roll-out, by awarding a supply agreement to European cable manufacturer Prysmian Group.

The new three-year contract with Prysmian is worth approximately $300 million and will include the supply of more than 17 million fibre-kilometres of ribbon and loose tube cables.

NEWS

Kathrein transfers broadband network activities to BKtel

BKtel, a developer of active and passive products for hybrid fibre coax (HFC) and fibre-to-the-home (FTTH) networks, will take over the broadband business activities from German electronics manufacturer Kathrein from June 1, 2017.

The newly formed BKtel Networks GmbH located in Rosenheim will continue business activities for the following product lines: fibre nodes, coaxial amplifiers, underfloor taps, broadband communication modules, headends, and remote PHY equipment.

All the technical staff experts are expected to transfer to BKtel.

NEWS

Globecomm teams with Ciena for packet-optical upgrades

Satellite communications operator Globecomm has deployed Ciena’s packet-optical networking products to meet its growing content distribution requirements across the markets it serves.

With more than 250 customers throughout its global footprint, Globecomm delivers mission-critical and time-sensitive applications such as video for breaking news stories, disaster recovery for the armed forces and essential connectivity to maritime ships crossing oceans around the world.

NEWS

Sivers IMA enters photonics market by acquiring CST Global

Sivers IMA, a Swedish manufacturer of microwave electronics that was once part of Philips, has agreed to buy Compound Semiconductor Technologies Global, known as CST Global, a privately held supplier of semiconductor laser products to the optical communications, industry and defence industries.

The stock-based deal is worth about SEK 151 million (€15.7 million).

NEWS

Verizon agrees $1.05 billion fibre deal with Corning

Verizon Communications has entered into a three-year minimum purchase agreement with Corning to provide fibre-optic cable and associated hardware for the US operator as it expands coverage and capacity for its nationwide wireless broadband network.

The agreement calls for Corning to provide and Verizon to purchase up to 20 million km of optical fibre each year from 2018 through 2020, with a minimum purchase commitment worth $1.05 billion.

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