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GE agreed to acquire privately-held Lineage Power Holdings from The Gores Group for $520 million. Lineage Power, which is based in Plano, Texas, supplies high-efficiency power conversion infrastructure and services...

CipherOptics announced a multi-layer, 10 Gbps network encryption appliance that extends the benefits of tunnel-less encryption to high performance data centers, government networks, private clouds and high frequency trading and...

South Korea's SK Telecom will launch an LTE service in Q3 beginning in Seoul. The company also announced plans to make heavy investments in high-speed Wi-Fi and data femtocells. SK...

GENBAND and PT (formerly Performance Technologies) announced a multi-faceted development agreement under which PT will provide GENBAND with development, support and maintenance of signaling solutions as integral elements of GENBAND's...

The number of LTE networks now in commercial operation has reached 17, according the official count of the Global mobile Suppliers Association (GSA) on 12-January-2010. There have been 128 firm...

Globacom announced the launch of Nigeria's first LTE service in Lagos. LTE modems and smartphones are expected to be available shortly in Lagos. Glo currently serves over 25 million mobile...

BT selected 41 towns across the UK for the next phase of its fibre broadband deployment. Customers in these towns will be able to access super-fast broadband speeds of up...

NetApp agreed to acquire Akorri Networks, a start-up focused on data center optimization, for an undisclosed sum. Akorri's BalancePoint software uses cross-domain analysis and advanced analytics to help manage, optimize,...

DragonWave reported revenue of US$27.0 million for the third quarter of its fiscal year 2011, compared with $27.2 million in the second quarter of fiscal year 2011 and $51.6 in...

Sixteen WiMAX operators from across the globe met this week to draft roaming agreements between their networks. The meeting occurred at the first WiMAX Forum Global Operator Summit, which was...

TeliaSonera has selected Huawei to expand and upgrade its GSM/HSPA+/LTE network throughout southern Norway, including an expansion of the existing 4G/LTE network in Oslo, Bergen and Stavanger. TeliaSonera will implement...

Hibernia Atlantic has trimmed network latencies across key financial routes on its Global Financial Network (GFN). The improvements were achieved through faster technologies and shorter fiber routes. The company said...

Charter Communications closed on the sale of $1.1 billion in aggregate principal amount of senior unsecured notes due 2019. The notes bear an interest rate of 7.00 percent per annum...