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Ciena to lay off 57 in Anne Arundel
2015-01-16 05:31:17| Telecom - Topix.net
Ciena Corp., the Linthicum-based telecom networking equipment company, is laying off 57 employees in its distribution and product engineering departments, according to state officials. The company filed a WARN layoff notice with the Maryland Department of Labor, Licensing and Regulation that says the job cuts will take effect May 29. The state agency says it will provide outplacement services, as needed, for the affected employees.The company employs about 4,700 people.
Ciena Seen as Verizon 100G Metro Favorite
2014-12-29 19:46:52| Telecom - Topix.net
Metro 100G data center interconnection deployments are expected to be the talk of the optical sector in 2015, but the rumor mill is getting a little bit of a head start. Just before Christmas, Cowen & Co.
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Telecom-equipment maker Ciena posts surprise loss
2014-12-11 15:57:02| Telecom - Topix.net
Ciena Corp. reported a surprise loss in the October quarter, as revenue growth in its biggest network segment was unable to offset expected hits from a supplier agreement with AT&T Inc. The telecom-equipment maker had earlier warned that uncertainty tied to the timing of potential orders, as well as concessions related to its recent supplier agreement with AT&T would dent its revenue in for the fourth quarter. Early-stage network deployment and other related costs could put pressure on margins, while certain upfront incentives and concessions as part of its agreement to be a Domain 2.0 supplier for AT&T will have a disproportionate impact on the quarter's revenue and margins.
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Ciena Looks to Shake Off Capex Concerns
2014-12-11 15:01:34| IT Services - Topix.net
Ciena is due to report its fiscal fourth-quarter earnings Thursday morning, its first quarterly report since AT&T, one of Ciena two biggest customers, said last month that its overall 2015 capex would be lower than this year's total. Even before AT&T's announcement, Ciena Corp. already had dampened analyst expectations for its own fiscal fourth quarter.
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Europe India Gateway Completes First Phase Of 100G Submarine Cable Upgrade With Ciena
2014-10-22 06:28:01| fiberopticsonline Home Page
With demand for increased data services between Europe and Asia expected to grow at an average of 38 percent per year in the next six years1, the Europe India Gateway (EIG) consortium is multiplying the capacity on its international submarine cable system
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