• Level 3 finds its level in Q3
By Brian Santo
Level 3 Communications reported third-quarter results that included revenue a smidge higher than last year, and a loss less severe.
The company recorded $1.07 billion for the third quarter of 2008, compared with $1.06 billion for the third quarter of 2007. The Q3 net loss was $120 million, versus a net loss of $174 million a year ago. That loss appears to represent slippage from the previous second quarter of 2008, in which the company experienced a net loss of $33 million, but those results included a $96 million gain on the sale of the company’s Vyvx Advertising Distribution business.
Sunit Patel, executive vice president and CFO, scaled back guidance for 2008 to the lower end of previous projections, but Patel continues to believe that the company is becoming cash-flow positive, and will be for the entire fiscal year 2009.
• Anritsu intros CMA5000a test platform
By Traci Patterson
Anritsu Co. has introduced the CMA5000a Multi-Layer Test Platform for installing and maintaining Next-Generation Networks (NGNs).
The CMA5000a provides field technicians with a single instrument to accurately, quickly and cost-efficiently test all aspects of network installation and maintenance – from fiber characterization to transport optimization – on SONET/SDH/PDH, OTN and Ethernet systems, the company said.
“The CMA5000a is the first field testing platform with the capabilities and specifications of lab-grade test equipment but the portability and ease of use needed in the field,” said Stephen Colangelo, marketing and business development director at Anritsu. “By starting with the powerful and flexible CMA5000a platform, customers can customize the test set for the services they provide now . . . and in the future.”
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