Zayo adds 100-Gbps to Chicago-to-Memphis fiber link
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Gulf Bridge International opens terrestrial fiber network from the Persian Gulf to Europe
Gulf Bridge International (GBI) says it has completed what it asserts is the first terrestrial fiber-optic network that connects all of the Persian Gulf countries to Europe. The fiber cable network features diverse routes through Iraq and Turkey. The low-latency link complements GBI’s undersea network (see "GBI undersea cable system ready for service").The new GBI North Route begins at the cable landing station at Al Faw, in the south of Iraq, then runs through Iraq to Istanbul. From there it connects to Frankfurt in Germany.“GBI’s route through Iraq and Turkey represents a major milestone for both regional and international communications,” said Ahmed Mekky, board member and CEO of GBI. “This more direct route will lead to faster connectivity via lower latency times, and the diversity we offer will reduce the likelihood of a reoccurrence of the three day internet outages of 2008. This investment is in line with our vision to connect the world to the Gulf and strongly underpins the continued ICT development across a region home to one sixth the world’s population. In addition, Iraq is now emerging as a modern communications hub, with significant implications for the nation’s economy and long-term development.”Xtera Communications is a major supplier of optical transport technology to GBI (see, for example, "GBI uses Xtera 100G systems for Mediterranean undersea cable link, backhaul").
Zayo adds 100-Gbps to Chicago-to-Memphis fiber link
Zayo Group says that it has added its Memphis-to-Chicago route to its roster of 100-Gbps links. The addition of the new technology enables Zayo to expand the services it offers between the two cities from just dark fiber to wavelength and Ethernet services as well.The link is part of the infrastructure Zayo added when it acquired USCarrier (see "Zayo Group moves towards full ownership of USCarrier"). Zayo also has announced 100-Gbps capabilities in the Northeast (see “Zayo Group offers 100G wavelength services to Northeast Corridor”) after announcing its move to 100 Gbps last December (see “Zayo adds 100-Gbps optical transmission capability”). It has not yet divulged the name of its 100G coherent transmission technology supplier.Zayo finished the 100G technology deployment between Memphis and Chicago early this year. First customers were brought online in mid-January."This is another key piece of our previously announced nationwide 100G Wavelength Network rollout and makes a unique fiber path available to our lit services customers," says Zach Nebergall, vice president of Zayo's Wavelength Product Group. "With Zayo's recent organic and inorganic growth in the Southeast, we can meet a broader set of customer demands for Bandwidth Infrastructure services with end to end connectivity."
Ciena first quarter 2013 revenue, EPS beat Street
Ciena Corp. (NASDAQ: CIEN) today announced revenue and non-GAAP earnings per share (EPS) figures for the first quarter of fiscal 2013 that beat Wall Street estimates. The news lifted optical communications stocks across the board in early trading today.The optical transport and Ethernet switching specialist reported revenue of $453.1 million for the quarter ended January 31, 2013, almost $5 million better than consensus predictions. While this represented a sequential decline of $12.4 million, the figure is an 8.7% improvement over the same quarter of 2012.On a GAAP basis, Ciena's still suffered a net loss in the quarter of $47.3 million or ($0.47 per share). Yet this also was a slight improvement over 1Q12, which came in at a loss of $47.7 million ($0.49 per share). Non-GAAP net income, though, was $12.3 million or ($0.12 per share). Wall Street analysts had predicted a non-GAAP loss of $0.14 per share.Gross margin also improved sequentially from 41.3% to 43.2%.“Our strong first quarter performance reflects a solid start to our fiscal year,” said Gary Smith, president and CEO of Ciena, via a press release. “We have positioned Ciena to take advantage of the underlying market dynamics, which are increasingly aligned with our strategy and competitive strengths. We believe the combination of our technology and market share leadership as well as our strategic customer relationships will enable us to continue growing faster than the market.”Sequentially, Ciena saw slight gains in revenues from its Converged Packet Optical and Software and Services segments. However, these were not enough to offset declines in Optical Transport (down a bit over $14 million) and Packet Networking. All of these segments except Optical Transport improved over their 1Q12 marks.Looking ahead to the second quarter, Ciena executives pegged revenues within a range of $465 to $495 million. Non-GAAP gross margin will be in the low 40% range; non-GAAP gross margin for the recently concluded quarter was 44.6%.The good news buoyed Ciena’s stock, with shares up 2.31 to $17.25 at 10:40 AM Eastern this morning. Other optical stocks went along for the ride, which such companies as Finisar, Infinera, and JDSU receiving bumps in pre-market trading.
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