Ciena completes acquisition of Cyan for $488 mn

Ciena has completed its acquisition of Cyan, a provider of software and platforms for software-defined networks, for $488 million. “Ciena and Cyan make a great combination for our customers as they transform their networks with web-scale ...

HFCL revenue up 1% to Rs 625 crore in Q1

Himachal Futuristic Communications (HFCL) today said its revenue grew 1.05 percent to Rs 625.37 crore, while profit rose 62 percent to Rs 112.39 crore in the first quarter of FY 2016. The exports of HFCL rose 255 percent to Rs 32 crore. HFCL is ...

Alcatel-Lucent Q2 revenue up 5% to $3.78 billion

Alcatel-Lucent today said its revenue grew 5 percent to 3,450 million euros or $3.78 billion in the second quarter of 2015. The telecom network company generated 1,675 million euros (+22%) from Core Networking and 1,772 million euros (-7%) from ...

Kyivstar taps Nokia to modernize network

Kyivstar, a telecom operator in Ukraine and part of VimpelCom, has selected Nokia Networks to modernize and expand part of its mobile radio network. Nokia Networks will supply its Single RAN Advanced solution to assist the operator to modernize ...