July 10, 2008 - Cisco's Chambers sees economic rebound in 2009, or later

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July 10, 2008 Sign up Forward Archive Advertise Read more at SmartBrief.com News for telecom industry leaders Search recent stories:       News of the Day    Cisco's Chambers sees economic rebound in 2009, or later Usually optimistic Cisco CEO John Chambers told reporters that his company's customers are looking to early 2009 -- and not 2008 -- as a possible time for the economy to start improving. Chambers' comments sent Cisco's share price down 80 cents on the Nasdaq Wednesday, even though he said he does not see cuts in the company's future, but rather expansion in emerging markets. ClipSyndicate/Bloomberg (7/9) , CNNmoney.com/Fortune (7/9) , Reuters (7/9) , Internetnews.com (7/9)   Business & Industry Watch  TranSwitch to acquire Centillium for $43 million TranSwitch Corp. said it would acquire Centillium Communications for about $42.8 million in cash and stock. TranSwitch executives, according to this story, hope the deal will enable the company to become a bigger player in the passive optical networking market. Light Reading (7/10) Yankee Group analyst ranks CDNs as acquisition targets Telecommunications titans are likely to gobble up smaller content delivery network companies as a way of building a beachhead in that market, according to David Vorhaus, an analyst with the Yankee Group. With that in mind, Vorhaus has created a CDN scorecard that ranks possible acquisition targets by factors such as price, brand recognition, financial viability and ancillary services. Telephony Online (7/9) Verizon Wireless settles case on early-termination fees Verizon Wireless has reached a settlement valued at $21 million in a class-action suit involving early-termination fees. "This suit was a distraction. This was a quick way to resolve it," Verizon Wireless spokesman Jim Gerace said. Sprint Nextel, which has its own case pending, did not comment on the settlement. The Wall Street Journal (subscription required) (7/10) , The New York Times/Associated Press (7/10) Other News Senate votes in favor of revised Foreign Intelligence Surveillance Act The New York Times (7/10) The Future Digital Home 'The Future Digital Home' provides unique insight into the winners and losers of the digital revolution. Examine the 'digital home' market, develop successful competitive strategies and avoid potential threats using the comprehensive analysis in this new report.   Video Upload  Report: "Over-the-top" video to reach 1 billion by 2013 By 2013, around 1 billion people worldwide will consume video content delivered over broadband lines, according to ABI Research. The study goes on to say that this growth in "over-the-top" video will be propelled by the confluence of a number of forces, including traditional content providers, Internet portals and online TV purveyors. Telecommunications (7/9) Big Ten Network gets FiOS carriage Verizon Communications and the Big Ten Network have signed a carriage deal that will put standard and high-definition versions of the sports network in more of the telecom's FiOS TV service markets in the next few months. Verizon intends to add the channel on a region-by-region basis. Broadcasting & Cable (7/9) AT&T delivers U-verse video to Birmingham AT&T won approval to launch U-verse video services in metro Birmingham, Ala. With the addition of Birmingham and Jefferson County, the telecom now offers its video service in 34 Alabama municipalities. American City Business Journals/Birmingham, Ala. (7/9) The Buzz(CORPORATE ANNOUNCEMENTS) Register to win a free MPLS book by Juniper experts By combining intelligent routing and script automation, MPLS Plug-and-Play from Juniper Networks gives you the ability to proactively adapt to changes, detect potential problems, and take corrective action. Learn more about MPLS-enabled applications and register to win a free book >> Interested in learning more about advertising in the USTelecom dailyLead? Contact Amy Abbey at 202-737-5500 ext 250 or aabbey@smartbrief.com.   Technology Trends  Sprint fires up DragonWave for WiMAX backhaul Sprint Nextel tapped DragonWave's wireless Ethernet equipment to supply the backhaul links for connecting its WiMAX network to the Internet in the carrier's Baltimore, Washington, D.C., and Chicago deployments. Sprint's Xohm service is said to present a backhaul challenge because of the capacity needed to support promised download speeds. Telephony Online (7/9) , PCWorld/IDG News Service (7/9) , Unstrung (7/9) Other News WiMAX network touches down in Beijing cellular-news (U.K.) (7/9) Industry, regulators discuss ad-targeting at Senate hearing The Wall Street Journal (7/10)   IP Download  Report: IP telephony growing globally More than 48 million business phones shipped last year were capable of carrying IP telephony applications, according to a report from Frost & Sullivan. In its annual "World Enterprise Telephony Markets" study, the company said that the global business market for IP services will surpass 62 million units by 2013. vnunet.com (7/9) Chinese YouTube gets government approval Youku.com, an online video site similar to YouTube, has received a license from China's State Administration of Radio, Film and Television. It marks the first time the government has officially sanctioned a video-sharing site. The Wall Street Journal (subscription required) (7/10)   LeadQuote  Pretend that every single person you meet has a sign around his or her neck that says, 'Make me feel important.'&thinsp" --Mary Kay Ash, founder of Mary Kay Cosmetics       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 | Archive | 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, July 09, 2008 Tuesday, July 08, 2008 Monday, July 07, 2008 Thursday, July 03, 2008 Wednesday, July 02, 2008     Lead Editor:  Susan Rush       Mailing Address: SmartBrief, Inc.®, 1100 H ST NW, Suite 1000, Washington, DC 20005     © 1999-2008 SmartBrief, Inc.® Legal Information