February 7, 2008 - Cisco trims short-term forecast, sees future growth

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February 7, 2008 Sign up Forward Archive Advertise Read more at SmartBrief.com News for telecom industry leaders Search recent stories:       News of the Day    Cisco trims short-term forecast, sees future growth Cisco Systems shares fell 8% in after-hours trading Wednesday after the company issued a short-term forecast in its second-quarter earnings report that fell short of Wall Street expectations. But Cisco executives, while noting that companies have curtailed investments in Internet equipment in the uncertain economic climate, predicted that surging demand in emerging markets will eventually spur renewed growth. Bloomberg/ClipSyndicate (2/7) , Google/Associated Press (2/7)   Business & Industry Watch  AT&T throws weight behind LTE for 4G upgrade AT&T has endorsed Long Term Evolution as the preferred technology in building the next generation 4G wireless network, the company said Wednesday. LTE has already earned the support of Verizon Wireless and most of the top wireless-hardware companies. Financial Times (subscription required) (2/7) AT&T adding 80 cities to wireless coverage: AT&T, the nation's top cell phone carrier, will expand its 3G network to 80 additional cities by year-end, which will bring its wireless coverage to about 350 cities, the company said. AT&T, which owns service-exclusivity for Apple's hit iPhone, also hopes to complete construction by midyear of its HSUPA-enabled network aimed at helping upgrade service for users of notebook computers and wireless devices. The Boston Globe/Bloomberg (2/7) , American City Business Journals/San Antonio (2/6) Congress aims to make "Do Not Call" list permanent Congress sent to President George W. Bush on Wednesday a pair of bills whose centerpiece is making permanent the national Do Not Call Registry that consumers can use to protect themselves from telemarketers' phone calls. About 150 million Americans have entered their names on the four-year-old list. Forbes/Associated Press (2/6) N.H. PUC wraps FairPoint hearings Regulators in New Hampshire completed hearings Tuesday on FairPoint Communications' proposed purchase of Verizon Communications' northern New England fixed-wireline service. The Public Utilities Commission heard testimony for a day-and-a-half and will consider whether to accept its staff's recommendation to approve the deal. CNNMoney.com/Associated Press (2/6) Videotron reaches top speeds with premium Web service Canada's Videotron has introduced a premium Internet service that carries download speeds of up to 50 megabits per second. Priced at $80 a month, the service will surpass the top speeds of some of its rivals, but some analysts questioned how many consumers will pay for the higher speed. The Globe and Mail (Toronto) (2/7) Other News FLAG Telecom adding second line in Mediterranean Technology Review/Associated Press (2/6) Premium Company Profile AT&T Inc. The recent acquisition of Bellsouth has made AT&T one of the largest wireless service providers in the US. The company is poised for growth through assimilation of merger synergies. Access the most important information about the company; understand its strengths and weaknesses and review AT&T's five year adjusted financial data with this report.   Video Upload  FiOS target: Pass 3 million homes a year Verizon Communications says it believes its FiOS TV service can reach 18 million homes by 2010, a growth rate of 3 million a year. FiOS now passes about 9.3 million homes with 1.5 million of them signed on as subscribers. BroadbandReports.com (2/5) Bewkes says the future is VOD Former HBO chief and current Time Warner CEO Jeffrey Bewkes said that although the company's cable channels had made inroads with video-on-demand services, much more needed to be done. "We and others in the industry need to be a bit more revolutionary than evolutionary in this area," he said. "It's a win-win for consumers and networks alike. We're going to be aggressive in putting our own networks on demand so we can show the industry the benefits of this model." Multichannel News (2/6) The Buzz(CORPORATE ANNOUNCEMENTS) Innovation on the Islands – Learn how IT&E optimized its tandem network and brought real voice competition to Guam through white label offering to island's cable provider. Download a free case study from MetaSwitch. Interested in learning more about advertising in the USTelecom dailyLead? Contact Eric Hoffman at 773-549-3868 or ehoffman@smartbrief.com.   Technology Trends  Poor nations lag in "digital divide" The developing world remains far behind wealthier nations in access to broadband and digital technology, but the gap has narrowed, according to a report from the United Nations Conference on Trade and Development. Africa has seen substantial growth in mobile-phone penetration over the past years, the report said. Yahoo!/Reuters (2/6) In trials, LTE speeds past 300 Mbps for wireless 4G The emerging long-term evolution standard for next-generation mobile-phone service surpassed the 300-megabit-per-second barrier in its latest trials using a prototype of 4x4 multiple input multiple output antennas. Light Reading (2/6)   IP Download  French telecoms work together on national broadband network France Telecom is building a new national fiber-broadband network with some strings attached: Under government rules, the country's top telecom provider must cooperate with its competitors. Instead of allowing the three largest companies to build their own networks, the telecom regulator Arcep is forcing them to share their use of network infrastructure. The Wall Street Journal (subscription required) (2/7) Software links mobile phones to VoIP features Cisco Systems and software maker iSkoot have linked their equipment to enable customers of several international mobile-phone companies to access VoIP features. ISkoot said it had achieved carrier-class interoperability with Cisco in tests involving the Cisco AS5000 Series Universal Gateway and the Cisco PGW 2200 Softswitch. InformationWeek (2/6)   LeadQuote  Always do right -- this will gratify some and astonish the rest." --Mark Twain, author       This dailyLead was created for webmaster@freeraovat.com Subscriber Tools       Update account information |  Change e-mail address |  Unsubscribe |  Print friendly format |  Web version |  Search past news |  Privacy policy Advertise Sales Account Director:  Amy Abbey (202) 737-5500 x250 Download Media Kit   Read more at dailyLead.com A powerful Web site for dailyLead readers including: Breaking News Industry Home Competitor News Readers' Choice Press Releases Search Archive       Recent USTelecom dailyLead Issues: Wednesday, February 06, 2008 Tuesday, February 05, 2008 Monday, February 04, 2008 Friday, February 01, 2008 Thursday, January 31, 2008     Lead Editor:  Susan Rush       Mailing Address: SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005     © 1999-2008 SmartBrief, Inc.® Legal Information