Broadband Briefs for 5/8/08
• Pontis to demo marketing delivery platform at Cable Show
By Mike Robuck
Pontis announced today that it will be demonstrating the latest version of its marketing platform delivery platform at the National Cable & Telecommunications Association’s (NCTA) The Cable Show ’08, set for May 18-20 in New Orleans.
London-based Pontis designed the platform to enable communications service providers to target customers with personalized marketing offers “on the fly.” Using this system, cable operators are able to target customers with personalized and contextual messages, as well as with offers that suit their behavior, when they are browsing the video-on-demand (VOD) or pay-per-view (PPV) choices. Customers are presented with banners, icons and ads on their TV screens about special offers that are relevant to them, and they can take advantage of the offers by selecting a button on the screen.
Pontis’ platform has been deployed by operators around the globe, including HOT – the Israeli cable operator that has used the technology to drive the uptake of its VOD services.
• Vonage partners with Covad for broadband service, ups revenue in Q1
By Traci Patterson
Vonage and Covad Communications have announced a strategic relationship that will allow Vonage to provide its customers with a broadband solution using Covad's nationwide DSL network.
The new Vonage Broadband service is expected to be offered to new and existing customers by the end of the year. Vonage said that it will offer DSL services, with maximum download speeds of 3 Mbps or 6 Mbps, to both residential and small-business customers.
And for its first quarter of 2008, Vonage reported revenues totaling $225 million, up 15 percent year-over year and 4 percent sequentially. The company also posted a net loss of $9 million, or 6 cents per share, down from a loss of $72 million, or 47 cents per share, in the first quarter of 2007. The company added 30,000 net subscriber lines in Q1; Vonage currently boasts more than 2.6 million subscriber lines.
• Verizon extends high-speed Internet reach in Va.
By Traci Patterson
Verizon recently upgraded 17 sites that serve nearly 5,300 lines in the Virginia counties of Cumberland and New Kent for the telco’s high-speed Internet service, which is based on broadband DSL technology.
Qualified customers can sign up for the new service, with a connection speed of up to 768 Kbps, for $21.99 per month. Verizon's 3 Mbps service is also available for $31.99 per month.
• Veraz Networks ups revenue, net loss in Q1
By Traci Patterson
Veraz Networks, a global provider of IP softswitch and media gateway solutions, reported total revenues of $27.9 million in its first quarter, ended March 31, up from the $27.5 million reported in Q1 2007. Revenue from the company’s IP products totaled $20.7 million in the quarter, compared with $17.7 million in the first quarter of 2007. The company also posted a net loss of $3.1 million, compared with a net loss of $1.2 million in the prior year’s quarter.
“Although our IP and services revenue grew substantially year-over-year in the first quarter, we are disappointed with our overall financial performance,” said Doug Sabella, president and CEO of Veraz. “We remain on track to achieve our target FY08 total revenues in the range of $132-$137 million. Additionally, we expect to return to profitability during the second half of 2008.”
Veraz added four new switching customers in the quarter and surpassed the 100th-customer threshold. In the quarter, the company also introduced the network-adaptive Border Controller, announced certification for ZyXel, became an associate member of the GSM Association and joined the WiMAX Forum.
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