Key Developments For Sonus Networks Inc
Sonus Networks Inc (SONS.O) (Nasdaq)
Sonus Networks Selected to Build New Infrastructure for Growing IP Voice Traffic on HyperCube's Tandem Network
Sonus Networks and HyperCube, LLC, announced that HyperCube has selected Sonus Networks to build the new infrastructure that will manage the growing volume of IP voice traffic on HyperCube's network. HyperCube, LLC is deploying a full suite of Sonus' solutions, including the Sonus GSX9000 with Sonus Network Border Switch, the Sonus PSX Policy Server, the Sonus SGX and the Sonus Insight Management System.
Sonus Networks Announces Conclusion of Restructuring Activity
Sonus Networks announced a restructuring initiative to reduce its workforce by approximately 93 people, or 10% of employees worldwide. The actions related to this restructuring initiative are expected to be completed in the third quarter of 2009.
Sonus Networks Reiterates FY 2009 Revenue Outlook-Conference Call
Sonus Networks reiterated its fiscal 2009 outlook and expects revenue to be substantially lower than the revenue it realized in fiscal 2008. According to Reuters Estimates, analysts were expecting the Company to report revenues of $207 million for the same period.
KDDI Global Chooses Sonus Networks for Migration to Next Generation Network to Drive Business Expansion
Sonus Networks announced that KDDI Global, part of KDDI Corporation a global tier 1 telecommunications wholesale carrier, is using a Sonus IP-based network to support the expansion of its business into the US, EMEA and across ASIA.
NextGen To Offer Sonus Networks' Solutions To Carriers Across Japan
Sonus Networks announced that it has entered into a distributor agreement with NextGen, Inc., to offer and support the full portfolio of Sonus Networks' carrier-grade IP communications solutions to the Japanese market. The relationship has already proven successful with a Japanese carrier choosing NextGen to undertake the nationwide deployment of its IP trunking and switching network. Using a Sonus IMS-based next generation network, this deployment will include the Sonus GSX 9000 media gateway, the Sonus PSX centralized routing and policy management server and the Sonus SGX signaling gateway.
