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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (74708)12/6/2007 10:19:33 AM
From: RetiredNow  Respond to of 77400
 
XO Communications Uses Cisco Hardware to Double Network Capacity
6:51 am on December 6, 2007 | Category: Business, Telecom Services, Internet

network.jpg

Enterprise telecom and broadband provider, XO Communications, announced on Monday that it will more than double the capacity of its national IP network, using Cisco Systems’ CRS-1 carrier routing system. This paves the way for XO to operate a multi-terabit network in the future.

“Our goal is to deliver the most advanced network infrastructure that enables XO to maintain and strengthen our leadership in providing innovative IP services for our enterprise and service provider customers,” said XO’s Chief Technology Officer, Randy Nicklas, in a statement. “By investing in our IP network with the latest technology, we can respond quickly to the increased demand we are seeing for more bandwidth and continue to pursue new opportunities that will drive revenue with an improved cost basis.”

This is the latest in a series of XO network upgrades, since the company announced its national IP network earlier this year. Executives are trying to meet growing demand by extending network reach, aggressively rolling out new services, and offering bandwidth of up to 10-Gbps to its enterprise and wholesale customers.



To: RetiredNow who wrote (74708)12/12/2007 3:45:11 PM
From: goingbroke  Respond to of 77400
 
Wasn't trying to spam you. Sorry it came across that way.



To: RetiredNow who wrote (74708)12/20/2007 4:58:18 PM
From: Sr K  Read Replies (2) | Respond to of 77400
 
Here's a [t]CSCO[/t] risk that wasn't "nil":

bloomberg.com

Cisco's Giancarlo, Seen as No. 2 Official, Will Leave (Update1)

By Vivek Shankar and Ari Levy

Dec. 20 (Bloomberg) -- Cisco Systems Inc. development chief Charles Giancarlo, often mentioned as a successor to Chief Executive Officer John Chambers, plans to resign to join private equity firm Silver Lake.

Giancarlo, 50, who joined Cisco after an acquisition 14 years ago, once led its biggest division and its acquisition strategy. Cisco, the biggest maker of networking equipment, named a seven-person team to take over his product-development roles.

His departure throws Cisco's succession plans into question. Analysts including Lehman Brothers Holdings Inc.'s Inder Singh had identified Giancarlo as the next CEO as early as 2005, and he's the second top official to decide to leave this year, following finance chief Dennis Powell.

``It doesn't look like John Chambers is going anywhere, so it's not a big issue but it's certainly a surprise to see Charlie go,'' said Singh, who rates the shares ``overweight.'' ``The question for Cisco is what's the succession plan look like.''

Chambers told Cisco's board in the first quarter of 2007 that he plans to remain in his current position for three to five more years. He reiterated today he plans to hand over the reins as CEO in the next three to five years.

Giancarlo joined when Cisco bought Kalpana Inc. for $200 million to enter the market for switches, which later became its top moneymaker. He then managed global alliances, acquisitions, and the switching, voice and storage groups. In 2005, he was promoted to chief development officer and caught analysts' attention.

Cisco rose 9 cents to $28.28 in Nasdaq Stock Market trading today. The shares have climbed 3.5 percent this year.

Giancarlo is joining Silver Lake as a partner and will have the title of managing director, he said on a conference call. His last day at Cisco is Dec. 31.

To contact the reporter on this story: Vivek Shankar in San Francisco at vshankar3@bloomberg.net ; Ari Levy in San Francisco at alevy5@bloomberg.net

Last Updated: December 20, 2007 16:42 EST