Verizon Communications is rolling out its fiber-based FiOS Quantum service with speeds of 500 megabits per second. Rival Comcast currently promises 305 Mbps speed. FiOS customers can get the faster Internet service with bundles priced at $310 to $355 a month.
Windstream reported $10 million in net income for the fourth quarter, saying revenue grew 27% from a year earlier as operating income rose 79%. Broadband and business revenues accounted for 70% of the telecom's total revenue. CEO Jeff Gardner said Windstream would support its current dividend and outlined the company's 2013 objectives. The Arkansas-based company wants to make "targeted investments" in its enterprise units, finish its fiber-to-the-tower and broadband stimulus projects, and curb debt.
Municipalities should have the flexibility to develop their own broadband networks, Federal Communications Commission Chairman Julius Genachowski says. Meanwhile, the Georgia legislature is considering a proposal that in effect would stop municipalities from developing broadband networks unless a place is "unserved."
Virtual Instruments is working on Ethernet-based network-analysis technology for Fibre Channel networks that may be released this year, 451 Research says in a report that also speculates on company plans for an initial public offering.
Private-platform-as-a-service offerings will shake up enterprise IT in the next two years, writes Bart Copeland, CEO of ActiveState. "Private clouds will dominate the enterprise market for now ... but hybrids will win in the end," Copeland writes, adding that he foresees an "anyglot" future for cloud middleware with multiple programming languages being supported.