Webscale and transmission network operators' interests are aligning as the 5G era dawns
FASTTAKES: Youku, Sony, Avaya, Cisco
December 21, 2009
telecomasia.net
Chinese video website Youku has raised $40 million in funds from existing investors, including Chengwei Ventures, Maverick Capital and Bain affiliate Brookside Capital, the WSJ reported. The new funds will go toward expanding its offerings of licensed content offerings and mobile video.
Sony has signed 19 new newspaper and magazine partners for its Reader devices, FT.com reports.
Avaya has completed its acquisition of Nortel’s enterprise business, taking on board approximately 6,000 Nortel staff. Joel Hackney, previously president of the Nortel enterprise group, has been appointed senior vice president and president, Avaya government solutions and data.
Cisco has completed its $2.9 billion acquisition of IP mobile data specialist Starent Networks, the company announced Friday.
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5G and data center-friendly network architectures
Matt Walker / MTN Consulting
Webscale and transmission network operators' interests are aligning as the 5G era dawns
The launch of 5G by South Korean operators serves as a first benchmark for other operators around the world