We have a neutral rating on Ciena Corp. (CIEN), as the company's FlexSelect platform has been gaining momentum. It allows carriers to transition networks to carrier grade Ethernet. We believe the acquisition of World Wide Packets will further strengthen its base.

The provider of optical networking equipment, software and services diversified beyond emerging carriers, and now counts the world's largest telecom service providers as its customers, including Verizon (VZ), AT&T (T), BT Group (BT) and Qwest Communications (Q).

Ciena's cost cutting efforts will trim operating expenses, helping it achieve breakeven results in the coming quarters.

Moreover, the company has a healthy balance sheet with improving cash metrics. The company exited the current quarter with $922.6 million in cash and short-term investments, compared to $917.0 million in the previous quarter. Long-term debt (convertible notes payable) at the end of the quarter remained at $798.0 million.

However, the company's sales

...

China Voice Holding Corp. is a global developer, service provider, and distributor of next generation technology solutions. These solutions are for Voice-over-Internet Protocol (VoIP), wireless, video conferencing, office automation and multi-media applications. The company has a portfolio of next-generation communications products and services, which they market in the People’s Republic of China.

China Voice Holding Corp., through their subsidiaries, provides VoIP telephone services, office automation, wireless broadband, unified messaging, video conferencing, mobility services, and other advanced voice and data services. The Company has obtained full legal status in China as a licensed telecommunications company. Their corporate focus is on providing their innovative and patented voice and data solutions to government agencies and large enterprises in the country.

The company is working to advance their position in the Chinese telecommunications market. With a population of 1.3 billion, the Chinese telecommunications market is the largest and fastest growing. China has the world’s largest broadband

...

China Voice Holding Corp. announced that it will receive $10 million in cash over the next two years as well as receive up to 21 million shares of FLTT valued at approximately $8 million in exchange for its U.S. operating subsidiaries and 15,000,000 shares of CHVC common stock. The transaction provides China Voice with additional capital to take advantage of synergistic opportunities in China. The company intends to continue to maintain offices in the United States and will retain most of their key Executives and Board of Directors.

China Voice President and CEO, Bill Burbank said, “This cash and stock transaction provides capital resources to fund our move onto a new trading exchange and beyond as well as additional funds for software development to support the Company’s current and new China Unicom cellular opportunities in China. While this transaction reduces most of CHVC’s current sales revenue, it will however enable the Company

...

You’ve probably heard about China’s colossal $600-billion stimulus package intended to jump-start its economy. But chances are you didn’t hear about the new $40-billion initiative by China’s wireless carriers to modernize the national network…

Three of China’s largest wireless carriers are making a mad dash to bring the country’s wireless infrastructure into the 21st century with a widespread upgrade to so-called 3G networks.

3G networks enable high-speed, multimedia services packed with hefty margins for the carriers. Get in now on the program and you’re likely to see healthy returns as the networks come on line.

3G achieved legendary status in the U.S. and Europe when Apple announced a revised iPhone that was 3G compatible.

For example, when AT&T (NYSE:ATT) announced Q2 results on July 23, 2008, its revenues jumped as the exclusive provider of the iPhone 3G. The new phones entered the market

...