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December 28, 2012
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News for telecom industry leaders

  Business & Industry Watch 
  • PE firm will pay more than $2B to buy, merge Lightower and Sidera
    Boston-based private-equity firm Berkshire Partners has signed a deal to purchase Lightower Fiber Networks and Sidera Networks for more than $2 billion and plans to merge the two companies, operating them under the Lightower name. Lightower CEO Rob Shanahan will head up the combined company. "Even though we compete in similar markets, there was less network overlap than either of us thought. We'll have a lot more unique fiber assets to reach more customers," Shanahan said. Bloomberg (12/27), The Wall Street Journal (12/27) LinkedInFacebookTwitterEmail this Story
  • Cisco forms new group for service providers
    Cisco Systems' new business unit, the Service Provider Software and Applications Group, will combine its BroadHop and Cariden Technologies acquisitions. The group, headed by Shailesh Shukla, will also include existing "software-based monetization and optimization" assets, the company said. Light Reading (12/27) LinkedInFacebookTwitterEmail this Story
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  Video Upload 
  Technology Trends 
  • Calif. health plan to unveil telemedicine service
    Anthem Blue Cross in California is set to unveil a Web-based telemedicine system known as LiveHealth Online early next year. The system will allow physicians and member patients to connect via two-way video to discuss nonemergency health issues, and data can, with permission, be shared with patients' primary care doctors. Healthcare Informatics online (12/26) LinkedInFacebookTwitterEmail this Story
  IP Download 
  • Growth seen for IP communications in 2013 and beyond
    The worldwide market for Voice over Internet Protocol products and services will see a compound annual growth rate of 7.1% for the next three years, according to TechNavio. Cisco Systems predicts that business traffic using IP will increase 22% annually over the next four years. Channel Partners (12/27) LinkedInFacebookTwitterEmail this Story
No one has the right to be sorry for himself for a misfortune that strikes everyone."
--Marcus Tullius Cicero,
Roman philosopher and statesman

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