Vonage announced results for the first quarter ended March 31, 2012. Reflecting the company's previously stated plans to increase investment in its strategic growth initiatives, Vonage reported adjusted earnings before interest, taxes, depreciation and amortization of $32 million.
Synergy Research Group announced the publication of the 4Q11 Carrier Infrastructure Market Share report that provides quarterly market shares for Service Provider Core Routers, Edge Routers, and Carrier Ethernet Switches. According the the report, the fourth quarter of 2011 saw carrier infrastructure revenues hovering around the $3 billion mark for the third successive quarter.
Yowie has announced it is now offering enhanced group video chatting for consumers, competing against the likes of Skype, Google Hangouts and Tiny Chat. Yowie, known for connecting fans with celebrity chat hosts such as Colin Farrell, Amy Poehler, Interpol and presidential hopeful Gary Johnson, now compete head to head in hot consumer video chat space.
Vidyo announced it has virtualized the first video conferencing infrastructure and delivered an HD video conference on over 100 concurrent lines. To date, virtualization in the video conferencing market has been limited to call control. Vidyo has now virtualized media processing, enabling service providers to offer unlimited multipoint scalability and low latency rate matching capability on demand to accelerate the adoption of high quality, universal video conferencing on any endpoint.
4PSA, known for its VoipNow Unified Communications platform, has announced the public availability of Cloud Telephony, the flexible, next-generation SIP trunking service that "can be provisioned within minutes."
LightSquared, a nationwide wireless broadband network, announced that it has signed a multi-year wholesale agreement with VoIP provider VoX Communications. VoX is culminating its strategy to add mobile functionality to its existing IP network platform by launching new mobile services and applications, including voice and video, on LightSquared's network.
Cisco has reported its fourth quarter and fiscal year results for the period ended July 30, 2011. The company reported fourth quarter net sales of $11.2 billion, net income on a GAAP basis of $1.2 billion or $0.22 per share, and non-GAAP net income of $2.2 billion or $0.40 per share.
