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Broadband Briefs for 2/29/08

Fri, 02/29/2008 - 7:30am
CED staff

* CommScope turns in record Q4; is sanguine about ’08
By Brian Santo

CommScope reported fourth-quarter 2007 sales of $462.6 million and net income of $37.6 million – both company records. That compares with Q4 2006 figures of $393.7 million and $27.2 million, respectively.

For the year, CommScope sales rose 18.9 percent, to $1.93 billion, and net income rose 57.4 percent, to $204.8 million. During the year, the company acquired Andrew Corp. (story here).

CommScope CEO Frank Drendel said, “We believe that the ongoing, fundamental global demand for bandwidth will continue to drive the need for communications infrastructure – in both wired and wireless networks.”

* Verizon expands Internet offering in Maine
By Traci Patterson

Verizon has added 30,000 additional access lines across its Maine footprint, allowing consumers in the state access to its high-speed Internet service.

The expansion follows the completion of a $12-million DSL technology deployment plan.

With the completion of this project, Verizon’s high-speed Internet service is now available to approximately 70 percent of the company's access lines in Maine.

More Broadband Direct:

• DirecTV, EchoStar waiting on AT&T 

• UTStarcom cuts loss in Q4; Future uncertain 

• Akimbo unveils turnkey VOD offering for Web sites 

• TVN picks IDC for VOD platform enhancement 

• Investors sue Yahoo for summary rejection of Microsoft 

• WiMAX, VoIP, IMS, routers, switches shined in ‘07 

• Broadband Briefs for 2/29/08 

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