[June 19, 2013] Wall Street Reports Releases Research on Verizon, Ciena, Level 3, Alcatel-Lucent and Exelis Tweet Jun 19, 2013 (Close-Up Media via COMTEX) -- Wall Street Reports announced new research reports highlighting Verizon Communications Inc., Ciena Corp., Level 3 Communications, Inc., Alcatel-Lucent SA, and ITT Exelis. In a release, the Company noted that on June 6, Verizon Communications Inc. announced that in partnership with SFR Business Team, a French provider of enterprise communication services, it has been chosen by Veolia Environnement to transform Veolia's global communications structure. The three-year contract covers 3,000 Veolia sites globally. Verizon and SFR Business team will provide Veolia with a secure and high-capacity global communications network to link 140 business sites in 33 countries, with integrated secure Internet and remote network access, and network optimization services for best application performance. Veolia will benefit from streamlined services, including integrated networks, convergent services, optimized processes, and customer service. The report on Verizon Communications Inc. is available to download at: [wsreports.com/r/full_research_report/c087_VZ] On June 6, Ciena Corp. announced unaudited financial results for Q2 FY 2013 (period ended April 30). On a GAAP basis, the Company's revenue increased 6.3 percent YoY to $507.7 million. Net loss was $27.1 million or $0.27 per common share, compared to a net loss of $27.8 million or $0.28 per common share in Q2 FY2012. Gary Smith, Ciena's President and Chief Executive Officer, said, "We have designed Ciena to take advantage of the fundamental shift in network architecture driven by changing end-user demands, and our strong quarterly and first half of 2013 performances are a direct result of that strategy. Our unique ability to provide customers convergence, automation, openness and software intelligence positions us to lead the industry in this shift." For Q3 FY 2013, the Company expects revenue to be in the range of $515 to $545 million. The report on Ciena Corp. is available to download at: [wsreports.com/r/full_research_report/c1bb_CIEN] On June 5, Level 3 Communications, Inc. announced the expansion of its contract with Dafiti, one of the largest e-commerce fashion companies in Brazil. Under the terms of the contract, Level 3 will provide Content Delivery Network services to help offer Dafiti's customers with improved performance and a better shopping experience. Marco Malfatti, Senior Vice President of Sales for Level 3 Brazil, said, "When customers visit an industry leader's website, they want and expect fast response time, and we are pleased to help Dafiti deliver this. When customers visit Dafiti, static content, such as images and layout, are loaded rapidly from the CDN server. The dynamic, interactive parts of the web page come from one of Level 3's three Premier Elite data centers in Brazil, putting the content and the user closer together." The report on Level 3 Communications, Inc. is available to download at: [wsreports.com/r/full_research_report/f54b_LVLT] On June 4, Alcatel-Lucent and Regional Telecom, a communications service provider in Northern Iraq, celebrated the launch of Iraq's first 4G LTE network, providing the region with fast wireless broadband services including high-definition video streaming, high-speed Internet access, and a range of business applications. Under the Fastlink brand, Regional Telecom will be the first to offer large-scale broadband services in Iraq. Alcatel-Lucent will provide its industry-leading end-to-end 4G LTE solution, including base stations, IP mobile backhaul for 4G LTE and existing 3G CDMA traffic, Evolved Packet Core and elements of its platforms which allow Regional Telecom to introduce a rich portfolio of IP-based services. Further, 4G LTE will also play a role in helping Regional Telecom restore the region's communication infrastructure. According to the Alcatel-Lucent, high-speed mobile broadband network will provide significant support to ongoing efforts to revive the Iraqi economy, bringing levels of connectivity needed for business, public sector, and consumer applications, particularly at a time when global demand for Internet services continues to grow. The report on Alcatel-Lucent SA is available to download at: [wsreports.com/r/full_research_report/b82b_ALU] On June 6, ITT Exelis announced that it was awarded a contract valued at $125 million contract by Naval Air Systems Command in Patuxent River, Md., to deliver the latest variant of the AN/ALQ-214 airborne jammer, a subsystem of the Integrated Defensive Electronic Countermeasures (IDECM) suite. Under this contract, Exelis will engage in the second full-rate production of the new AN/ALQ-214 (V)4/5 system, with system deliveries planned through 2015. Joe Rambala, Vice President and General Manager of Exelis Integrated Electronic Warfare Systems Business, said, "The enhanced ALQ-214 ensures warfighters are equipped with the most advanced electronic self-protection system. Our new system is not only designed to address current and future RF threats, but it also extends this level of protection to additional platforms, allowing more pilots to complete their missions safely." The report on ITT Exelis is available to download at: [wsreports.com/r/full_research_report/5559_XLS] ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]