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644-337 exam Dumps Source : SP Video Phase III Cable Headend and Hub
Test Code : 644-337
Test Name : SP Video Phase III Cable Headend and Hub
Vendor Name : Cisco
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Cisco SP Video Phase III
Cisco’s long-standing belief has at all times been that organizations should evolve to pressure forward and lead via market transitions. The same is correct for our government skill. Evolving our talent requires putting them in new roles, expanding their viewpoint and skill units and bringing clean ideas and power to the company. this is what we’ve these days completed with Edzard Overbeek’s new circulation from SVP of our Asia-Pacific-Japan area to head of our global services business and Bruce Klein’s stream from SVP of Public Sector income to the pinnacle of our global partner corporation.
during the last 12 months, we've refocused our engineering company for agility, superior determination making, and a renewed focus on innovation. The market share numbers communicate for themselves and our customer confidence has on no account been stronger. we've a powerful leadership team and the business community leaders have verified amazing execution. Now the time is right for us to pressure the next section of our organizational evolution.
With that, we're pleased to announce Padmasree Warrior will extend her function to turn into Cisco’s Chief expertise and method Officer where she will be chargeable for making a choice on customer and industry transitions and choosing Cisco’s method to handle them. Padma will work intently with Cisco’s engineering, container, operations and functions leadership, and may define method, investments, acquisitions and the evolution of Cisco’s expertise associate ecosystem. additionally, Padma can be liable for notion leadership round Cisco’s items and architectures, technical ability building and recruiting, and she will enhance her time with external stakeholders. The business group CTO’s will record dotted line to Padma to allow amazing alignment between expertise strategy, business method and M&A exercise. over the past 4 years, Padma has established a tremendous track record of outcomes, reminiscent of constructing Cisco’s approach and execution around architectures, cloud, overall expertise approach framework, and attracting and establishing trade leading technical talent. We seem to be ahead to accelerating our market position below Padma’s strategic route.
After 13 years of super carrier to Cisco, Ned Hooper could be leaving the instant Cisco household to form an impartial funding partnership enterprise and to pursue his aim to be a most important investor. Ned has been working on his plan with us over a couple of months, and we appear ahead to partnering with him in his new endeavor. Ned has a unique ardour and skill for investment and approach, and will focal point on this within the subsequent part of his profession. Ned pioneered the mannequin for giant-scale M&A at Cisco and drove big transactions for the business equivalent to Tandberg, WebEx, Airespace, Starent and NDS. additionally, he has managed our $2B investment portfolio with each strategic and fiscal returns to the enterprise. Ned’s approach and company building team will now file to Padma. we might want to thank Ned for his contributions, management, friendship and his persistent force to always do the appropriate thing for Cisco.
at last, Pankaj Patel will anticipate the leadership of Cisco’s engineering company. Pankaj will force innovation, operational excellence and agile building throughout our items, solutions and architectures, and continue to boost our relevance with our expanding consumer base. Pankaj’s deep consumer relationships and extensive engineering knowledge, mixed with his potential to mentor and develop appropriate engineering ability will serve Cisco neatly as we force the next phase of engineering management for the enterprise. while you could be typical with Pankaj’s service provider event, he in the past spent sixteen years within the commercial enterprise space. over the last 13 years, Pankaj developed and grew Cisco’s provider company company which nowadays debts for about 35% of Cisco’s direct product earnings. Pankaj’s leadership in key provider provider areas equivalent to core routing, side routing, SP mobility and SP video has located Cisco extraordinarily smartly for the long run. right through his tenure Pankaj has delivered a major number of products to the Cisco portfolio, addressing a big range of customer needs. over the last 12 months because the co-chief of engineering, Pankaj has accelerated his involvement in Cisco’s enterprise company, as the intersection elements between carrier issuer and business come closer collectively.
As we stay focused on being the finest Cisco for our shoppers, companions, traders and employees today, we in no way lose music of where we are looking to go in the future. we're excited about this evolution in our firm. Please be part of us in congratulating Padma, Pankaj and Ned on the subsequent section of their respective journeys.
John Chambers and Gary Moore
No result found, are trying new keyword!In 2011, Generex achieved the phase III trial of its buccal birth of insulin ... I consider Generex could be like Cisco, which grew from one acquisition to the next. The Ii-key peptide technology has ...
here is A RUSH TRANSCRIPT. THIS copy may no longer BE IN ITS ultimate kind and can BE updated.
here's A RUSH TRANSCRIPT. THIS replica may now not BE IN ITS last form and can BE up-to-date.LOU DOBBS, HOST: Tonight, President Bush places company america on be aware: shape up or face the Justice department.
Democrats accuse the president and Republican lawmakers of being too tender on company abuse.
we are going to have are living reviews for you from the White residence and Capitol Hill.
WorldCom's CEO sends a letter to the president promising cooperation and reform.
Xerox admits it made a $four-billion mistake but says, in spite of this, it is not any WorldCom.
we'll have a special document there as smartly.
The Arizona wildfire is even more suitable tonight. or not it's damaged via fireplace containment lines. Two extra towns tonight are in jeopardy.
And former Enron personnel at the moment are the women of "Playboy" magazine.
ANNOUNCER: here's LOU DOBBS MONEYLINE for Friday, June 28th. right here now Lou Dobbs.
DOBBS: decent night.
President Bush these days lashed out towards corporate misbehavior. Mr. Bush pointed out organizations deserve to carry the bar and not fudge their numbers. the following day, the president will use his radio address to urge company leaders to clear up their acts.
we have two studies tonight. We begin with Kate Snow on Capitol Hill and Senior White condominium Correspondent John King.
JOHN KING, CNN SENIOR WHITE condo CORRESPONDENT: well, Lou, the president could be talking about this theme more and more in the days forward. You mentioned the radio address the next day. The president will as soon as again urge company leaders to demonstrate accountability, double-assess their accounting practices.
Mr. Bush also will travel to long island city on July ninth, CNN is informed, and carry a speech dedicated utterly to the theme of corporate responsibility.
The White apartment seizing on this story, making an attempt to get the initiative. Mr. Bush announcing the government is asking at what it will probably do administratively. he's urging the Congress to take a look at disclosure suggestions as well.
Mr. Bush asserting he is concerned about this theme not only because of the circumstances of WorldCom and Enron, but he believes it's inflicting a slowdown in customer -- an absence of client self assurance within the stock market and having an influence on the average U.S. economic climate.
(start VIDEO CLIP)
GEORGE W. BUSH, PRESIDENT OF the united states: company the us has obtained to take note there's a stronger calling than making an attempt to fudge the numbers, trying to slip one thousand million here or 1000000000 there and hope no person notices.,
but you've got a responsibility in this nation to at all times be above board. We expect excessive requisites in our colleges, we are expecting high necessities in company the united states as neatly, and i intend to implement the legislations to make sure that there are high requisites.
(end VIDEO CLIP)
KING: The White house realizing here's not only a policy debate but also a political debate. Democrats making the case during this midterm election 12 months that the president and his Republican birthday party are in charge for lax rules, are too comfortable with huge enterprise. The White apartment says Mr. Bush is determined to get out forward on this one and not let Democrats make that case.
DOBBS: John, the president calling upon Congress to behave here. The White house has been assisting Senator Phil Gramm's efforts to stop reform of accounting and company reform on Capitol Hill. How does this all square off?
KING: smartly, actually, due to the fact the Enron disclosures and now the WorldCom disclosures, the White condo is announcing that it is asking the SEC Chairman Harvey Pitt to do more administratively and says it'll push within the Congress.
however you might be exactly appropriate in that some Democrats on Capitol Hill say there are at least inconsistencies, some say hypocrisies, within the administration's approach. All this now part of a political debate during this midterm election 12 months as well as a really legit policy debate over simply exactly the place is the function of government in telling company america how to govern itself.
And, John, the president is undergoing a colonoscopy this weekend. Any observe as to why he is going to be below sedation during that examination?
KING: His docs counseled this, Lou. The procedure may also be incredibly uncomfortable. Mr. Bush has had two in the past by which benign polyps have been removed. His medical doctors say he was sedated at the remaining one.
they say, #1, sedation minimizes soreness on the affected person. And, number two, they are saying it enables then the docs to do a greater thorough job as a result of, if the patient is uncomfortable, the doctors are inclined to rush the procedure.
all and sundry here on the White condo asserting this is a really movements process for the president to try this. He has no signs at all. he's in magnificent fitness, his doctors say.
however he'll temporarily transfer vigour to the vp. Mr. Bush says it really is a wartime precaution, expecting Dick Cheney may be performing president of the us somewhere in the enviornment of one to 3 hours the next day.
DOBBS: good enough, John. thank you very plenty.
Senior White condominium Correspondent John King.
Democrats, as John pronounced, try to benefit political talents from these corporate scandals. these days, Senate Majority leader Tom Daschle said corporate corruption is threatening the economy, and Daschle accused Republicans of backing guidelines that resulted in company misbehavior.
For extra on the story, i am joined by Kate Snow on Capitol Hill.
KATE SNOW, CNN CONGRESSIONAL CORRESPONDENT: Lou, Tom Daschle also observed that he's heard from loads of CEOs over the final couple of weeks, and he pointed out they share his outrage over things like WorldCom. He says they admire as a whole lot as we do, lawmakers do, that, in Daschle's phrases, there is got to be a transformation within the legal guidelines, the legal guidelines deserve to be strengthened.
He became very clear that you can not put the only blame on the Bush administration for WorldCom's failure, but he does say that he believes, quote, "a laissez-faire angle in this administration has helped create the form of atmosphere that exists today."
(begin VIDEO CLIP)
SEN. TOM DASCHLE (D-SD), SENATE MAJORITY leader: there may be too a great deal executive law. there may be too a good deal government involvement in the company sector. And what we want now's to eliminate govt and all of its presence from any oversight responsibilities.
And, piece through piece, they dismantled the regulatory environment that we had and, in tremendous measure, created this feel of laissez- faire, of simply complete unwillingness on the part of enforcement or regulatory businesses to play a task.
(conclusion VIDEO CLIP)
SNOW: Now, clearly, Democrats are seizing on this problem, hoping that it may gain them some votes this fall in the election.
whereas some Democratic strategists have pointed out they're no longer going to be gleeful about people losing jobs, not at all, one other strategist did say to me this changed into a fortunate damage, this WorldCom story.
condominium Democratic chief Dick Gephardt being even a bit greater forceful, a little more political than Tom Daschle turned into. He spoke of -- he advised that it changed into the previous eight years of apartment Republican manage -- Republican handle of the apartment of Representatives -- that has led to one of the most issues as a result of they did nothing about corruption.
And, nowadays, a Republican shot returned, invoking bill Clinton's legacy.
(start VIDEO CLIP)
REP. WILLIAM THOMAS (R), CALIFORNIA: if you want to find a model for individuals now not behaving morally -- or the manner of saying it's: Do the right element even when people don't seem to be looking at -- I believe you'll locate that the Oval workplace has a great deal greater similarity to the board room than the floor of the residence of Representatives.
when you are attempting to find somebody who set the ethical tone for the last decade of the '90s, I do not feel you must seem any farther than the previous president's behavior.
(end VIDEO CLIP)
SNOW: And Republicans say they're equally upset about what's took place at WorldCom, they too need action, but they effortlessly don't see it as a political difficulty, Lou.
they say that if Democrats are going to are trying to play up the little man versus the powerful in this crusade season, this operative referred to, well, possibly it will work simply as smartly as it did for Al Gore.
DOBBS: All appropriate, Kate. One query on this. Tom Daschle, gleeful or now not, referring to the laissez-faire attitude in rolling lower back legislation. The Telecommunications Reform Act of 1996 became signed by way of bill Clinton. How does that...
SNOW: i am bound Republicans will element to that too, and they have. They've noted, "appear, you can not say that the past eight years has been completely beneath Republican handle. You had President Clinton within the White condo."
They've made that point again and again when this has come up. and that they've additionally spoke of, you comprehend, for a short while -- smartly, the Senate's been in control now for a short time of the Democrats. What about that?
DOBBS: good enough. thank you very tons.
Kate Snow reporting from Capitol Hill.
The parole board in California that has been when you consider that whether to liberate an infamous Manson loved one who is serving life in prison for her function in killing sprees in 1969 -- Leslie Van Houten was 19 on the time.
here's a are living photo of Leslie Van Houten. She became 19 on the time of those killings. She has faced a parole board 13 instances. each and every time, she's been grew to become down. Her parole again has been grew to become down.
Let's pay attention in.
(begin VIDEO CLIP)
UNIDENTIFIED CALIFORNIA PAROLE BOARD MEMBER: She, however, had been arrested for auto theft. They had been not apparently prosecuted. but she did have prior illegal activity in that she became a drug person, together with LSD, marijuana, methadrine, mescaline, and benzadrine, and this drug use had been going on for at least a few years.
(end VIDEO CLIP)
DOBBS: This, the California Parole Board, denying Leslie Van Houten, a member of the notorious Manson household gang, once again for a 14th time being denied a request for parole, and her lifestyles sentence continues.
"surprise" and "outrage," the phrases used through WorldCom's chief government officer, John Sidgmore, in a letter to the president these days.
Sidgmore said he became stunned with the aid of the discovery of a $4-billion fraud at his business. He also outlined changes he is making in WorldCom's enterprise practices, and, amongst those, 17,000 layoffs that started today.
Sidgmore additionally pledged full cooperation with the a variety of investigations of WorldCom.
And, meanwhile, a Mississippi choose has issued a restraining order that bars WorldCom, its auditors, and its personnel from destroying files. The judge also referred to he would appoint a computer screen to supervise document retention. An SEC order this week most effective counseled that files be preserved.
one other accounting scandal at Xerox. Xerox will take out well-nigh $2 billion of revenue that it already pronounced. An audit showed that Xerox posted those revenues earlier than they were in fact made.
Bruce Francis has the document.
BRUCE FRANCIS, CNN CORRESPONDENT (voice-over): Xerox admits that back within the late '90s, it robbed the longer term to make the latest look more desirable than it basically become. The enterprise is revising five years of effects.
Xerox had to restate its financials after settling charges with the Securities and change fee again in April and paying a $10- million great.
In an announcement, CEO Anne Mulcahy stated Xerox these days closes a difficult chapter within the company's background. Mulcahy declined to be interviewed for our story.
ranking the inventory a buy considering that November, Peter Ausnit thinks that Xerox can turn round.
PETER AUSNIT, DEUTSCHE financial institution SECURITIES: We see Xerox as a corporation that may earn a substantial amount of money over the subsequent couple of years, mainly when enterprise circumstances normalize.
FRANCIS: but buyers, chiefly people that purchased Xerox all the way through the late '90s, might now not locate it so easy to overlook Xerox's faulty accounting.
As a part of its restatement, Xerox now admits it's going to have booked much less income in 1997, '98, and 'ninety nine, a time when the stock turned into taking off. but the company insists that the earnings -- during this case, device leases -- are real and that the revenue from the late '90s in reality belongs in 2000, 2001, and past. as an instance, 2001 finally ends up looking superior than before with the aid of half one thousand million bucks.
The final analysis $1.9 billion could be taken out of revenues already suggested.
however the creator of "How organizations Lie" says do not minimize what Xerox did.
RICHARD SCHROTH, author, "HOW businesses LIE": I don't suppose or not it's a small, little accounting error at all. businesses like Xerox and others who had been named to the Fortune 100 most appropriate agencies and different such -- have a responsibility to be openly cautious on these types of things.
FRANCIS: smartly, former Xerox auditor KPMG continues that they were cautious, inserting out a statement nowadays standing by way of its prior work with Xerox and calling the copier company's restatement an fabulous about-face.
Lou, they may be on the fence. DOBBS: The auditor not agreeing with the restatement.
FRANCIS: no longer agreeing with the restatement, not agreeing with Xerox, no longer agreeing with the SEC, not agreeing with PricewaterhouseCoopers.
DOBBS: And we now have viewed a lot of room for disagreement, but it surely does make you ask yourself how any person can say they were careful when there may be an argument of $2 billion.
FRANCIS: costly decisions that charge traders some huge cash, Lou.
DOBBS: And we're, unfortunately, getting used to lots of these selections that charge traders some huge cash.
Bruce, thanks a whole lot.
stocks closed little modified on the day regardless of the latest scandal. these days marked the end of the 2d quarter. That quarter saw foremost indexes register double-digit losses.
today, the Dow Jones Industrial regular fell greater than 26 aspect. The Nasdaq rose basically 6 aspects. The S&P 500 dropped nearly a point.
Jan Hopkins will have finished market insurance for us in precisely moments.
Tonight's MONEYLINE quick vote question is in regards to the markets. we'd want to be aware of: Do you trust that this stock market has ultimately hit bottom? that you would be able to cast your vote by means of going to cnn.com/moneyline -- cnn.com/moneyline -- and when you are there, you can all the time ship us an electronic mail as well. we are going to have the effects of tonight's vote later within the broadcast.
We additionally are looking to take this probability to take a look at your recommendations on company scandals. Susan Christie writes in to assert, "With Enron, Arthur Andersen, and now WorldCom, the phrase 'Figures on no account lie, but liars always figure,' changed into not ever extra authentic."
John DePetris, "Why may still al Qaeda plan more attacks when we now have Enron, WorldCom, Xerox CEOs, CFOs, et cetera, doing what the terrorists would dream of doing? it's destroying the American economic market."
And Brian Scott of Canada says, "Is it any ask yourself that existing anti-globalization protesters haven't any faith within the existing capital gadget. All they see are thieves, cheats, and liars whose only hobby is to complement themselves at the expense of traders and employees."
we are going to have extra of your concepts later within the broadcast. And, as all the time, that you can email us at email@example.com. And we always ask that you simply consist of your identify and tackle.
Let's flip now to those wildfires raging in the western a part of the nation. a new danger tonight in Arizona. That huge fireplace close town of demonstrate Low, Arizona, has broken through a containment line, threatening a nearby subdivision.
Thelma Gutierrez has greater on the story for us.
THELMA GUTIERREZ, CNN CORRESPONDENT: Lou, presently, what's happening is that firefighters are working to set up a fireplace line to push that hearth lower back. The wind has kicked up a little bit in just the past couple of minutes, which is not a great thing available.
additionally ultimate night, the hearth had moved down the back side toward town of Heber. Firefighters working day and night to try to hang those fireplace traces to store these communities. they've felt and they mentioned earlier nowadays that, in the event that they're in a position to grasp these traces in the course of the day, they may have a brilliant opportunity of saving the communities.
Now, today and the following day, the crimson pass and native officials have began what they've referred to as van excursions for residents who lost their homes. The residents will simplest have an opportunity to view their houses. because of security concerns, they aren't allowed to definitely get off and go into their property. And officials have stated that on account of the delicate nature of these excursions, cameras aren't allowed in.
Now, to this point, 419 acres of Ponderosa pines have burned up right here within the demonstrate Low area, and more than 50 percent of the land that has burned is on the Apache reservation land that has had a devastating have an impact on on tribal individuals. so far, they say that two sawmills have now closed down. three hundred jobs out here could be misplaced. the total estimated value of the trees they have misplaced: $237-million.
(start VIDEO CLIP)
LUCI BENALLY, APACHE TRIBE MEMBER: i'm hoping that each person knows that now not most effective do people in the show Low and Pinetop areas stand to lose their buildings, but our tribe has lost so much and too much. We're speakme thousands and thousands and tens of millions and tens of millions of bucks that allows you to certainly not be replaced in our lifetime.
(conclusion VIDEO CLIP)
GUTIERREZ: A spokesperson for the Apache tribe instructed me a short time ago that it is going to a century earlier than they may be able to get well from this fireplace, Lou.
DOBBS: Thelma, thank you very a lot.
Thelma Gutierrez from display Low, Arizona.
smartly, officers in Colorado are hoping that calmer climate will help their combat towards wildfires. Two fires near Durango, Colorado, have burned more than 70,000 acres and destroyed dozens of homes. these fires are only a third contained.
meanwhile, a virtually one hundred fifty,000-acre fire near Denver should be wholly below manage through Sunday.
coming up tonight, the markets grappling with a surge in earnings restatements by company america. we'll verify the competencies for more surprises ahead.
Wall road, as soon as the envy of the realm. Now a great deal of the world is questioning our model of capitalism. we are going to have that record for you.
we will verify the problem that the united states faces in sustaining the war towards terrorism and radical Islamists in our MONEYLINE "Economist" journal series on American management, New directions.
And Henry Kissinger might be right here to determine the united states's peace efforts within the core East.
All of that and greater nonetheless forward. stay with us.
DOBBS: Two fundamental firms got here ahead to make large restatements of their prior outcomes this week. The query no person can reply tonight is what number of extra restatements are there.
Peter Viles has the story.
PETER VILES, CNN CORRESPONDENT (voice-over): As one-two punches go, this turned into an tremendously expensive mixture. WorldCom, then Xerox, $6 billion worth of crummy accounting. The variety of company income and salary restatements had already been rising, spiking lots more sharply within the recent economic downturn than it did within the closing one.
So the question traders are asking: is this the height or just the starting? certainly, the SEC isn't able to declare victory on bogus bookkeeping.
HOWARD SCHILIT, core FOR financial analysis & evaluation: The work of the SEC is beginning to select up speed. they've whatever like sixty five current investigations. The SEC simply acquired a big enhance of their finances. and that i feel the power continues to be on the SEC and other regulators to clear up the mess.
VILES: The SEC last evening took action with a purpose to drive CEOs to swear, below oath, to the accuracy of profits stories, a tricky step intended to flush out any accounting scandals that are hiding in corporate books.
LYNN TURNER, FORMER SEC CHAIRMAN: Harvey Pitt has to head a step additional and say, "now not best do I want you to sign on the base line here in case you ship in your next set of financial statements, but you should remember that if those come to be wrong, we're going to show around and ship you to jail." VILES: that's a fine factor, but Harvey Pitt has been there and noted that. here's what he said this week when asked what happens if these sworn declarations come to be false?
HARVEY PITT, SEC CHAIRMAN: You go to prison because it's fraud if you certify it and it's false.
VILES: In easy of this hard talk from the SEC, there is some hypothesis we might also definitely see more restatements within the coming weeks than we might have in any other case.
corporate the us truly has six weeks to get its books in order. Then starting in mid-August CEOs will should swear beneath oath that those books are the actuality.
DOBBS: it be a shame that or not it's come to this, however Harvey Pitt's thought here in terms of signing and swearing to those fiscal statements -- it could possibly end up the answer here or a large part of it.
VILES: it be a means to make everyone say, "Come ahead. All people who have not dedicated accounting fraud, step ahead." It turned into the president's conception at the start.
DOBBS: adequate. Pete, I respect it. thank you.
The scandals sweeping throughout corporate the us are elevating large questions concerning the effectiveness of the mannequin of capitalism, its apply in this country. overseas investors, some of them, are reluctant to put are put their money in this nation, and American accounting practices are being challenged as in no way earlier than.
Kitty Pilgrim has the story.
KITTY PILGRIM, CNN CORRESPONDENT (voice-over): For years, the American business mannequin became touted as the surest on this planet, U.S. ordinary Accounting ideas advanced, and corporate governance probably the most superior. With debacles at Enron, ImClone, Tyco, and Adelphia dominating U.S. headlines, Europeans are beginning to gloat.
"In america, all that glitters is not gold," Deutsche financial institution's former CEO Rolf Breuer pointed out in a speech this week. but america's device became golden for ages and had the numbers to prove it. Unemployment decrease than in Europe, capital markets in the U.S. outperforming Europe, larger productiveness numbers, and a robust greenback.
however now the dollar has fallen about 10 p.c towards the euro to date this 12 months. Markets are foundering, and the totally touted accounting requirements being reexamined below a congressional microscope, ample to make the White house shield the American way.
ARI FLEISCHER, WHITE condominium SPOKESMAN: The president believes that the usa's free commercial enterprise system is a system it's carried out very neatly for the American people, it be resulted in lots comfort, it's led to a robust tradition for the American people.
PILGRIM: And a look on the markets indicates, over the closing two years, the Dow held up better than stock indexes in Frankfurt, London, and Paris, down 28, 38, and forty two percent respectively.
Some point out the U.S. enterprise mannequin is always evolving and enhancing from its missteps.
ROBERT SCHILLER, YALE institution ECONOMIST: From decade to decade, we be taught further and further about how to run businesses, but a part of the process contains experimentation, and experimentation has unpredictable penalties, and some undesirable penalties, and so we are -- from one decade to the next, we should straighten out these blunders as well.
PILGRIM: So, in the past few months, there were changes in the manner overseas organizations are working, and Europeans at the moment are pushing for extra unbiased board individuals and stronger transparency, and the CEO incentives are additionally being reexamined. in brief, the growing pains are being felt all around.
DOBBS: however nonetheless free markets and freedom. it's working.
PILGRIM: it be working, and...
DOBBS: a bit tough from time to time.
Kitty, thanks lots.
nonetheless forward here, the last part of our sequence with the "Economist" magazine. Tonight, we look at the challenges dealing with the us in sustaining the warfare against radical Islamism and terror.
Blue chips fizzle on the last day of the second quarter. The NASDAQ ends a bit of higher, however a tricky quarter it turned into. we will be telling you about that.
And the ladies of Enron display their potential with the assist of "Playboy" magazine.
All of that and more nonetheless ahead. live with us.
DOBBS: shares closed the 2d quarter little modified on the day despite this latest accounting information from Xerox.
Jan Hopkins has the marketplace for us now.
JAN HOPKINS, CNN CORRESPONDENT: Lou, given all of that, it was not a foul showing for shares.
The market definitely delivered to the day before today's rally. however the Dow did slip into bad territory just before the closing bell when the president introduced he would switch power to the vice president all the way through his colonoscopy the next day at Camp David.
For the day, the Dow became down, and it changed into down for the sixth week in a row. Nasdaq ended the day and week larger. The S&P slipped slightly.
Christine Romans is at the long island inventory alternate, and Greg Clarkin is on the Nasdaq.
CHRISTINE ROMANS, CNN CORRESPONDENT: neatly, Jan, one more volatile day and two-billion shares traded today to close this quarter.
Xerox, as you'd predict, lost 13 % as a result of that restatement, but NIKE soared after potent fourth-quarter profits. Auto shares rallied today on hopes for a rebound in June vehicle sales. And Philip Morris received after a bad week. it's nevertheless down 16 p.c this quarter, notwithstanding. Tyco additionally gaining these days on excessive hopes for its CIT IPO.
however's been a lousy quarter for Tyco, down 54 p.c. Take a glance at AOL, mum or dad of this community, AT&T, IBM, and GE, all widely held stocks, all struggling sharp percentage losses over the past three months.
Now to the NASDAQ and Greg.
GREG CLARKIN, CNN CORRESPONDENT: And, Christine, pretty quiet day for information in large identify tech stocks.
Take a glance returned on the quarter. See how those large cap technology stocks fared. Take a glance at solar Microsystems down nearly forty three % for the 2nd quarter. Intel down just about 40 percent. Oracle losing almost 26 percent. You had Cisco with a 17-p.c loss. Microsoft down 8.6 percent.
but you want to talk about balance? How about Dell desktop? It all started the quarter buying and selling at $26.eleven. It ends the quarter trading at $26.14. That three-penny gain makes Dell desktop the most reliable- performing big cap know-how inventory for the second quarter.
Jan, back to you.
Thanks, Greg. HOPKINS: The Nasdaq simply complete its worst half-12 months on list. it's down 25 percent for the year so far, and i suppose buyers don't should be reminded that this is the third 12 months in a row that the Nasdaq is lower.
For the S&P, this is the first half-yr in 30 years, a lack of 14 percent.
but, Lou, a new quarter begins on Monday.
DOBBS: whatever to seem to be forward to, as i am sure almost each person is.
Jan, thank you.
smartly, accounting scandals, of path, are the center of attention this week. corporate misbehavior at WorldCom, Xerox dealing one other blow to investor self assurance. buyers wondering just what on earth is occurring and what's next.
With me now in the studio is Steve Forbes, the editor of "Forbes," Mark Morrison, editor of "BusinessWeek," and becoming a member of us from la, invoice O'Neil. he's the leading man at "buyers business daily."
And or not it's decent to have you ever all here.
Let me begin, if i'll, bill, with you. This market behaving, at the very least, badly within the face of dangerous information on salary and scandals. What's going on, on your judgment?
invoice O'NEIL, "traders company daily": neatly, I believe that or not it's the aftermath of the huge tulip bulb craze that went on in '98 and 'ninety nine. In Holland, everyone bought tulip bulbs and that they went loopy over them, and all of it blew up. and that's what took place in excessive-tech and biotech.
DOBBS: i used to be thinking greater, invoice, about this week. We found out concerning the tulips a long time ago.
O'NEIL: yes. smartly, this week, the Nasdaq has been happening for the reason that January 1. it's had three waves down and this final one is a bit steeper, and it undercut a low. but I feel you picked up some brief promoting and there is been lots of news. so you're likely in alongside the lows.
The market has basically shifted to customer stocks. So i'm not so definite that these fallen leaders within the high-tech sector are completely simple for a market that is slowing to steadily get better over time.
DOBBS: Mark, your strategies?
MARK MORRISON, MANAGING EDITOR, "BUSINESSWEEK": well, I feel the market reacted relatively well seeing that the extent of the unhealthy information this week. The WorldCom and Xerox bulletins were rather surprising. Yet the market, after that information, acted pretty neatly, turned into pretty reliable.
and i suppose that in a selective method, the market did probably punish probably the most companies that -- where accounting questions are nevertheless lingering, those that use...
DOBBS: Amongst those that are...
MORRISON: EBITDA, the ones which have seasoned forma accounting and have pushed that idea. those -- the market reacted greater in a selective method than in a everyday, panicky solution to the information.
STEVE FORBES, EDITOR, "FORBES": I believe it is often correct. I feel the market is attaining a bottom. I feel the extra pessimism there's, the quicker this component goes to show round. however one of the things I think it's weighing available on the market, it's now not the spate of scandals about firms, but a sense that perhaps we're now not waging this war on terror as vigorously as we should. I suppose if we went after Iraq and seized these oil fields, I think you would see the market really movement up.
DOBBS: it be enjoyable that you'd connect these two. We did have polls this week advised simplest 1/three of americans agree with that we're in fact successful this conflict. What do you believe of that thought, Mark?
MORRISON: I do not consider it's bearing plenty in the marketplace at this time. I feel that the market is taking perhaps some consolation from the incontrovertible fact that the executive and corporate the usa seem to be taking critically this mess it truly is been occurring in bookkeeping and in governance. And that some serious reform is going to come out of this on the other end. That may also take the time, six months or a 12 months from now. even though I feel...
DOBBS: will we have time? I suggest, it is the interesting query to me. bill, let me ask you to come in on this. will we really have time? If we're attracted to restoring investor self assurance, can we have time to observe this play out and to see how many extra are out there?
O'NEIL: I feel the difficulty is, if you move through a severe correction this is prolonged, you should do some thing to stimulate the economic system further. or not it's greater like 'seventy three, 'seventy four, even a little bit like' 29. and i consider that remember to accelerate some of those tax cuts.
They should set up a new act to supply tax breaks to individuals who beginning a new business. That doesn't mean for all buyers, always. but let individuals who start a new company handiest have to pay half the common tax, and the homeowners and founders and employees that personal inventory, maybe after they sell the inventory over the primary 10 years, to simplest pay half the capital good points. this is able to start a big increase in new agencies.
DOBBS: i am sorry. Go forward, invoice.
O'NEIL: I feel you want some added stimulus because you're going to come out of this very slowly. you're going to come out of it, but you are not going to come back roaring out like nothing ever came about.
DOBBS: Steve, your recommendations on this? greater focused investment tax credits, more -- I cannot imagine you resisting that recommendation.
FORBES: No, my objection would be to the targeting. Why not just have an across-the-board reduce on the capital positive aspects tax? it really is what we did in the mid Nineteen Nineties and it worked. We should not overlook that the so-known as booming '90s, the first half turned into the worst financial recovery from recession in view that the '20s.
DOBBS: you're completely appropriate. it's easy to forget that. so that you'd like to see it addressed through capital good points. How in regards to the conception of a broader funding tax credit score?
FORBES: well, I feel the key is for tax credit, in place of trying to play games like we did in the early '60s with tax credit score on, tax credit score off. people have obtained to consider this is everlasting. And moving up, as invoice suggests, the anemic tax cuts they passed remaining summer time, that are relatively small, make those beneficial now, that would help too.
DOBBS: well, investors and the audience of this broadcast, there's a true sense that we get right here, that americans are looking to see true outcomes. they are worried concerning the integrity of the markets. they may be concerned about transparency. They want to see real outcomes from corporate the usa.
Mark, you have been talking about the EBITDA stocks, the pro forma, in case you will, corporations and shares. actual income -- is there going to be a long-lasting adjustment here, do you suppose, to corporations that just make cash?
MORRISON: I believe there goes to be. and that's one reason I bet i'm a little little bit of a great news guy concerning the WorldCom and Xerox news. I feel that this has helped push the administration and corporate the united states to agree with that this changed into no longer just a case of just a few bad apples, but there truly goes to have to be some critical house cleansing accomplished.
And the choice is, what? To type of slide through this episode. after which we go again to company as typical. And a yr from now, or two years from now, we have a worse problem.
DOBBS: We're going to come back returned with bill O'Neill and Mark Morrison and Steve Forbes, and focus on why the unexpected urgency about corporate reform. And we will make a decision -- or these three gents will make a decision even if here is the fault of the Democrats or the Republicans. live with us.
DOBBS: We're returned with Steve Forbes of "Forbes" journal and Mark Morrison of "enterprise Week" and bill O'Neil of "traders enterprise every day."
gents, as I stated at the damage, we are looking to discover whose fault here's, Republicans or Democrats. but first, the question that we're asking our viewers tonight is, has this market bottomed? And, bill, very straight away, has this market to your judgment bottomed?
O'NEIL: I think it doubtless has. but if it doesn't, I suppose the govt must step up and lower some taxes and do a few things, as a result of there may be too an awful lot fear and it be been happening too long. And we don't deserve to have it. it be down in alongside what must be the bottom. And there turned into handiest the Nasdaq this is been exerting the real force.
MORRISON: I don't see a bottom yet. I suppose here is a bear market and we are going to should wait and spot. We're bumping alongside at a gorgeous low factor however valuations are still high. I don't see a true turn yet.
DOBBS: And, Steve, just moments ago you used an expression, "attempting to find a bottom." How goes the quest?
FORBES: I suppose if we're now not at it, we're very near it. I think investors who like to play timing games may still start to be going returned in. I suppose we'll have a rally fairly quickly. The more pessimism there's, the better the market's going to do.
DOBBS: One would hope that we would not see a enhanced wall of agonize confront us than this, or stronger pessimism. Who will we blame right here? Mark, Republicans or Democrats?
MORRISON: actually politicians are in part in charge. They have been on the experience with the traders and with the accountants and with the executives. And every person, even the media, were on the massive experience within the late '90s, when all these excesses and shortcuts begun.
So, so far as Washington goes, I don't pin the blame on either celebration. I believe that, surely, the Bush folks are having to exchange their tune very dramatically as a result of their view of letting the markets do all of the rules isn't working.
DOBBS: seems like there can be an pastime in some outcome apart from a market influence, in the case of Enron, as an example. bill?
O'NEIL: smartly, the market topped in March of 2000. so you can blame it on either party you are looking to. but human nature is human nature. and each single bear market I've ever seen, every single recession, has a number of groups go bankrupt, just a few americans that are doing whatever dishonest get caught.
And the SEC does a good looking respectable job. in some unspecified time in the future they will trap each one of these americans. So I do not feel that you may blame it on one birthday party or the other.
DOBBS: ok, Steve? FORBES: neatly, I feel in case you want to appear on the tone of the '90s, it all started appropriate on the properly, on the White house, where the angle become anything goes. if you get caught, spin your means out of it. The only thing they did not resist -- they could withstand every thing except temptation. So it all started on the top.
DOBBS: and the way about Wall highway, the funding bankers, the analysts, all of the business banks helping these deals?
FORBES: There turned into an angle that there are no extra rules, that you just could push the envelope, get to the part, fall off the aspect. The parachute would protect you. And results was what counted. short- time period results is what counted. And we're having the hangover.
MORRISON: We also have to examine where the funds turned into coming from, from a extremely refined group of institutional investors who run money for states and pension funds and the relaxation, who were simply very chuffed to invest within the Enrons of the realm when they could not even be mindful the enterprise or the stories.
DOBBS: invoice, you get the last notice on this aspect. Do you just like the idea of all these refined cash managers now suing to suitable the market's correction, in case you will?
O'NEIL: neatly, I consider the largest difficulty, it be sad for the general public. Most traders do not basically be aware of how to invest in a sound manner. They do not truly recognize how to protect themselves in poorer durations. and that i'm hoping that they'll recognise this and begin attempting to look at and be taught more about how to opt for shares, a way to sell them, a way to handle them, instead of just accepting what any one else says.
DOBBS: That was perhaps an acceptable method after we could watch 25 percent gains. it be a little diverse world, as you suggest, bill. invoice O'Neil, thanks for being with us. Mark Morrison, Steve Forbes, admire it.
developing subsequent, challenging questions forward for the united states within the battle in opposition t terrorists and radical Islamists. we are going to have the MONEYLINE "Economist" journal special file for you subsequent, in "america: New directions." dwell with us.
DOBBS: The continuing MONEYLINE "Economist" journal collection on "American management: New directions." Tonight we take a glance at the challenge ahead for the us in sustaining this war against terrorism and radical Islamism. we are examining even if the united states has the need to move it on my own if crucial -- politically, economically and militarily.
GEORGE W. BUSH, PRESIDENT OF the united states: nowadays, our fellow citizens, our way of life, our very freedom came under assault. DOBBS (voice-over): The president's warfare on terrorism has set the stage for a new American era. however's additionally created challenges to the us on two fronts: to our political and armed forces vigour, and to our financial electricity.
The president's coalition has been strained and tenuous from the starting. India, Pakistan, each essential individuals of that coalition, and each nuclear powers, went to the brink of battle. France, at all times uniquely unbiased in coalition, looks extra aligned at times with Iraq.
different European countries, together with our closest ally, Britain, at top-rated seem uneasy about U.S. policy within the middle East.
JAMES A. BAKER III, FMR. SECRETARY OF STATE: I believe as we movement forward in the struggle on terrorism, which goes to be an extended and strenuous struggle, we'll undergo coalition fatigue. We're struggling it on account of the Arab/Israeli battle, we're suffering it on account of the concerns between India and Pakistan.
invoice EMMOTT, EDITOR IN CHIEF, "THE ECONOMIST": I believe Colin Powell has it appropriate. He says that the critical issue is to keep speaking, to inform your allies what you are doing, why you might be doing it. but now not necessarily supply them a veto about what you are doing.
BAKER: The top-rated and optimum test of an excellent vigour is the capacity to do whatever unilaterally when your national interest requires it.
DOBBS: American management in this new era might also require the USA to move it by myself in line with the threats posed via each Saddam Hussein and Osama bin weighted down.
EMMOTT: I suppose that to make feel of Osama bin encumbered's terrorism, you must assume what he'd actually cherish to do is to emulate Lenin. Lenin was a terrorist who grew to be effective as a result of he obtained Russia and took over Russia. Osama bin encumbered is simply a terrorist presently. He can simplest get potent via getting Saudi Arabia or Pakistan or some other country.
DOBBS: Kenneth Pollack is a former CIA defense force analyst. Pollack says the time for half-measures against Saddam Hussein is handed.
KENNETH POLLACK, COUNCIL ON foreign members of the family: I consider a full- scale invasion is going to be huge. it be going to be expensive. lots of people are going to lose their lives in it. That noted, I do not feel that it will be basically as expensive as fighting a battle against Saddam Hussein as soon as he has got nuclear weapons.
DOBBS: the world's most effective superpower, which is additionally the world's wealthiest nation, will devoid of question be harassed by using the rising fees of a world battle with elusive enemies. The cost of fighting the battle this 12 months will proper $76 billion.
still, if the Bush administration wins congressional approval of its entire defense price range raise, that finances will nonetheless be near ancient lows -- less than half what it become throughout the bloodless struggle, as a percentage of the U.S. gross domestic product.
BAKER: the world has requested loads of U.S. economic engine for a long time. Over the route of the past 10 years now we have been the most effective true supply of global increase.
UNIDENTIFIED MALE: Our heroes will now open the marketplace.
DOBBS: america's economic power is the groundwork and engine essential to force this struggle. that's why business scandals like Enron and WorldCom threaten greater than just confidence in the markets and the economy.
EMMOTT: After the bursting of the inventory market bubble and all of the abuses at Enron and world Crossing and Tyco, and all of these, I think the usa's going to have a bumpy couple of years. during that period, the united states's self assurance in its means to proceed to fund defense spending and need to go out on the planet could get dented every now and then.
DOBBS: The financial charges and political hazards of this battle will be splendid. but the deserve to win the war is vital. And so is the possibility to achieve world peace and prosperity, in accordance with traditional American values of democracy and free markets.
EMMOTT: the us has the probability to reshape the realm in lots of fine approaches in the following couple of years. The query is whether it is going to proceed to have the inducement to do it and permission from the rest of the world. My belief is that it will have each.
DOBBS: the brand new version of "The Economist" journal is devoted to the altering role of yankee management due to the fact September 11th. known as "the usa's location on this planet," it be on newsstands now.
And arising next right here, the outcomes of our MONEYLINE ballot on no matter if you think this market has ultimately hit backside.
And, how the collapse of Enron has given three girls the opportunity to profit from company failure. stay with us.
DOBBS: And this simply in to CNN. The Walt Disney enterprise, in accordance with Reuters, will restate its 2000 and 2001 income. That in response to SEC filings. The Reuters again reporting that Disney will restate its salary. And the explanation for that restatement, in line with those SEC filings, is a math error.
Turning now to yet another constructing story, explosions heard tonight in the West bank city of Hebron. Palestinian security sources say 75 p.c of the Palestinian advanced become destroyed. Israeli troops have been outside the advanced for a few days now trying to barter the hand over of Palestinians.
in the meantime, President Bush's middle East plan has met with some skepticism on the G-eight summit this week. As you recognize, G-eight leaders agreeing with the demand Palestinian statehood. but some announcing it be up to the Palestinians to opt for their leaders. joining me now to discuss this new initiative is the former Secretary of State Henry Kissinger.
Henry, good to have you ever with us right here.
HENRY KISSINGER, FMR. SECRETARY OF STATE: at all times decent to be with you.
DOBBS: i do know you were in Europe when the president put ahead the initiative. First, what is your response? Is it a reason behind hope?
KISSINGER: neatly, the president made clear that there is rarely one plan that you would be able to put forward for a negotiation unless you have partners so you might have some self belief in. and i think that changed into an important contribution.
And within the subsequent section, as soon as some development is made in that course, I consider within the subsequent phase, there may be growth in negotiations. and that i feel what needs to occur subsequent is that the reasonable Arab international locations count on some responsibility for the home changes that the president spelled out for the Palestinians.
since the Palestinians are not capable of do it with the aid of themselves beneath present situations. And that method, there can be created a negotiating associate.
DOBBS: Is it your feel that Saudi Arabia, in certain, Egypt, Jordan, have each the ability and the desire presently to be a favorable have an impact on on any reform that the Palestinian Authority must undergo to make it viable for statehood, even on an interim basis?
KISSINGER: smartly, they have got the means. and that i believe they're constructing the need to try this. doubtless they'll insist that there's some growth in negotiation -- or some negotiations being conducted. earlier than the entire method of internal trade within the Palestinian areas is accomplished. but I consider that they have become very stressed with the affect on them of the continuation of suicide bombing and turmoil.
DOBBS: And for the Israelis, the president's insistence that the settlements, the construction of settlements, stop on the West financial institution and in Gaza, that there be easily a roll-back to the pre-'67 struggle borders. Is that a reasonable, and do you think maybe productive, initiative?
KISSINGER: I believe in all probability, sure, I suppose it's. I suppose the president has known as consideration to the incontrovertible fact that you cannot go from here to a closing contract. You need to begin via restoring situations during which average lifestyles can beginning once more.
And this is why he's urged the Israelis to go back when the Palestinians have made their changes, to the conditions that existed when this whole disaster started. And also to end any new settlement exercise. I consider here is a reasonable groundwork on which to start negotiations.
DOBBS: Dr. Henry Kissinger, thank you very much for being with us, as always.
KISSINGER: Pleasure to be on.
DOBBS: Let's take a brief appear now on the consequences of our MONEYLINE ballot. Tonight's question: do you agree with that this inventory market has finally hit bottom? Twenty % of you mentioned yes, eighty p.c mentioned no. And, while no longer scientific, a good indication. and that i should say that the market would not seem to be arguing with the results of this poll.
arising subsequent, the "Dobbs record." a few options concerning the rising political temperature and posturing in Washington about corporate scandals. reside with us.
DOBBS: neatly, after the scandals at Enron, three enterprising former Enron women have determined to take advantage of their misfortune via trying to enrich their fortunes, appearing in "Playboy" journal. and they're cashing in reasonably neatly in a whirlwind media tour which has led them, of direction, to big apple city. and they're, if you happen to have an interest, acting in the August subject of "Playboy" magazine.
well, Enron, world Crossing, Tyco, rite aid, Qwest, Adelphia, ImClone programs, now WorldCom -- the Democrats have discovered a crusade situation, company abuse. The Senate majority chief says the issue will play in each state this November. Tom Daschle these days charged that the Republicans -- quote -- "dismantled the regulatory atmosphere we had and, in giant measure, created the feel of laissez faire," conclusion quote.
Even Al Gore desires to play, announcing at a fund raiser here in manhattan this week that the president's tax policies resemble the outbreak of accounting fraud.
I do not wish to be a spoilsport here, however did both Mr. Gore or Senator Daschle observe that these multibillion dollar corporate restatements go returned to 1997? That the telecommunications act turned into 1996?
And now, of direction, President Bush wants to place them in prison and the treasury secretary desires to hold them high. George Bush and Paul O'Neill speakme about company criminals, no longer the Democrats. The president is siccing the Justice branch on the unhealthy guys and the SEC is investigating nearly every principal company in the nation.
once more, I don't are looking to be a spoilsport right here, but does the Bush administration overlook that it be been helping Senator Phil Gramm's efforts to cease accounting and company reform on Capitol Hill for months now?
Do the Republicans and the Democrats both recognize that the American investing and vote casting public is conscious that it's been six months when you consider that Enron went bankrupt, and none of those apartment or Senate investigations -- of which there were a dozen -- have amounted to anything to this element? That there have been no prices brought in opposition t a single Enron govt?
If the Republicans and the Democrats are excited about reform now, ultimately, then their movements will have to be at the least as vigorous as their campaign rhetoric.
it's MONEYLINE for this Friday evening. Thanks for being with us and have a extremely satisfying weekend. For each person right here, good evening from manhattan.
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Nokia's Unified Cable Access Solution enables Netia to significantly boost cable network capacity needed to bring Gigabit and IPTV services to Poland
October 23, 2018
Espoo, Finland - Nokia today announced that Netia, one of the largest regional telecommunication operators in Poland, will deploy its Unified Cable Access solution to significantly increase the network capacity needed to support surging bandwidth demands. Initially targeting the cities of Warsaw and Krakow, the deployment will create Europe's first fully virtualized Distributed Access Architecture (vDAA) cable network and enable Netia to deliver enhanced ultra-broadband services to residential and business customers and quickly expand its network into new service areas.
Annual data traffic growth of 40-60%1 is placing enormous pressure on cable operators' Hybrid Fiber Coax (HFC) networks globally. To meet this growing demand, cable operators are turning to software-driven, all-IP Distributed Access Architectures (DAA), which increase the capacity of existing networks, reduce operating costs and improve signal quality. Estimated to be a $1.6 billion market by 20221, DAA architectures are becoming essential for cable operators looking to rapidly deploy new services and cost-effectively upgrade their networks.
Nokia's Unified Cable Access solution is based on a virtualized Distributed Access Architecture (vDAA) which delivers greater space and power savings, as well as superior architectural flexibility, compared to traditional DAAs. Nokia's Unified Cable Access solution will enable Netia to establish a fully distributed and virtualized access architecture that can support new, competitive Gigabit and IPTV services over great distances. By moving the cable access layer functions in its headend and hub sites to the access nodes that sit closer to customers, Netia can eliminate some of its legacy cable-specific hardware and significantly extend its reach into new communities. It also can increase the performance needed to ensure a better internet experience for subscribers.
Netia will begin deploying Nokia's Unified Cable Access solution, including the Gainspeed Access Controller and Gainspeed Access Nodes, into its network in Q4 2018. Once fully deployed, Netia will be able to effectively replace analog optical transmission with 10Gbps Ethernet, establishing an all-IP architecture capable of backhauling and transmitting digitized video over long distances. This will help reduce the space and power costs in the hub while significantly increasing the network's capacity, reach and signal quality, thus improving ultra-broadband services for its customers.
Jaimie Lenderman, senior analyst at Ovum, said: "DAA is a key transformation in next generation cable access networks, enabling cable operators to deliver higher bandwidths and new service offerings to residential and business clients. Virtualized network functions and automation optimize network capability, producing a more efficient and agile cable network. Furthermore, the business case for DAA enables operators to realize cost savings in the space-starved headend."
Andrzej Abramczuk, president of the board, general director at Netia said: "To support the growing demand for new ultra-broadband services in Poland, we need to quickly grow our network in both capacity and reach. Nokia is the only vendor that can provide an innovative approach and solution that allowed us to achieve huge capacity gains and expand into new areas without augmenting the metro network we had in place. With Nokia's Unified Cable Access solution, we can more easily deploy and deliver new services that ensure our customers receive the best TV experience and fastest Internet speeds in Poland."
Federico Guillén, president of Nokia Fixed Networks, said: "We are excited to be working with Netia to build a network capable of delivering some of Poland's fastest broadband speeds. Netia is stepping forward and distinguishing themselves as a technology leader. With Nokia's vDAA solution, Netia will be able to quickly enhance their network to deliver the additional capacity and reach they need to meet rising customer demand for ultra-broadband services."
Did you know?
Nokia's Unified Cable Access solution will enable Netia to deploy 1Gbps High Speed Internet (HSI) Services (DOCSIS 3.0) or 1+Gbps HSI-Services (DOCSIS 3.1) in combination with advanced Real Time Protocol (RTP)-based video services. For subscribers interested in moving from 1Gbps to 1+Gbps, a new DOCSIS 3.1 cable modem is required.
About NetiaNetia provides comprehensive and user-friendly on-line solutions and multimedia entertainment. Our services are designed for private users, companies and institutions.
Netia Group is one of the biggest telecommunications operators in the Polish market. It employs almost 2 thousand people in 70 locations throughout Poland. The Capital Group includes among others: Netia S.A., Internetia Sp. z o.o., Telefonia Dialog Sp. z o.o., Petrotel Sp. z o.o., TK Telekom Sp. z o.o. Netia is part of Cyfrowy Polsat Group - the largest provider of media and telecommunication services both in Poland and the region of central and eastern Europe.
About NokiaWe create the technology to connect the world. Powered by the research and innovation of Nokia Bell Labs, we serve communications service providers, governments, large enterprises and consumers, with the industry's most complete, end-to-end portfolio of products, services and licensing.
From the enabling infrastructure for 5G and the Internet of Things, to emerging applications in virtual reality and digital health, we are shaping the future of technology to transform the human experience. nokia.com
Media Inquiries:Mark ProvostNokia Fixed Networks CommunicationsPhone: +1.732.312.8476Email: firstname.lastname@example.org
Nokia CommunicationsPhone: + 358 10 448 4900Email: email@example.com
Statista "Global IP data traffic from 2016 to 2021"
As cable operators continue to look at facing the ever-increasing onslaught of data demand from subscribers, we must ask ourselves, “Is there a better way to do things?” We all have heard the unofficial definition of “insanity” as “doing the same thing over and over and expecting a different result,” we can’t just keep going forward blindly doing things like node splits forever as it is not a sustainable practice doing it the way it has been done for the last 5-10 years .
Invoking a New Thought Process
Step back and look at the problems we are facing and what we can actually change. So often, the industry gets so caught up in the low level “geek factor” of all the great products and technologies developed, that we forget to ask ourselves, “What problem am I actually solving? Am I deploying this because it is new and cool or does it make sense to solve an actual problem now or one we know is coming in the near-term future?”
One of those technologies with lots of buzz right now is Remote PHY (RPHY). It is one of a few competing technologies that live in the arena of cable Distributed Access Architectures (DAA). At its most basic, root definition, RPHY takes the QAM modulation/demodulation portion of the CMTS and separates it to a location outside of the CMTS. This function will now typically be handled directly in an HFC node in the field or a “shelf” type unit located in a hub or cabinet. The connection between the CMTS and the Remote PHY Device (RPD) is traditional Ethernet. But we are not here to talk about the broad technology that makes up RPHY. More importantly, we need to talk about what the benefits are and what problems it can solve.
It is important to first start by identifying some of the more pervasive problems that an HFC operator is currently facing. The number one question is “How will I deal with the ongoing, massive expansion of data bandwidth?” There is not a single operator in the US that is immune to dealing with this, but how the problem manifests for each operator can be very different.
Let Us Explain
Take the case of a rural operator that has multiple serving territories covered by multiple Headends/hub sites. Typically, each of these sites would end up with its own CMTS due to distance limitations of RF Optics performance and the DOCSIS protocol. Many times, in the past, we might have been able to get away with smaller CMTS at these locations due to a lower bandwidth demand. If we want to start slowing down node splits by employing forward-looking technology that is more efficient with RF spectrum like DOCSIS 3.1, this may require deploying a brand new, potentially larger CMTS that is capable of the protocol. This could become quite expensive. What if instead, we could centralize the functions of the CMTS and use nearly any type of IP network to interconnect to the sites in order produce the DOCSIS carriers via a RPHY shelf? If we can connect the sites to an existing network, leased wavelength or even a data circuit, we can run Remote PHY. From this example alone, we can see benefits of hardware reduction, power savings, support cost reduction and operational ease of only having a single CMTS. Not to mention achieving the goal of deploying the more forward-looking technologies that you set out to do which may have otherwise been too costly.
On top of this example, here are a few more benefits that we can see from Remote PHY:
By taking the RF QAM generation out of the CMTS, it turns the platform into an IP in and IP out piece of equipment. This typically allows the CMTS platform the ability to handle more bandwidth through it if it has the proper backplane and processing capability. This, in turn, allows an operator not to have to deploy as many individual CMTS units as in the past, thus saving valuable rack space, power, cooling and common control hardware along with management time and support and maintenance contracts.
By moving the PHY layer of the CMTS potentially out to the node, you can have a compounding effect on how much more efficient DOCSIS 3.1 is. DOCSIS 3.1 will run at higher modulation orders when SNR gets higher. When you take out any or all the typical RF Optical link and turn it into a digital IP link, you end up removing a sizable component of the SNR that can, in turn, lead to the higher modulations. Thus, having the capability of being able to push more data through the same amount of RF spectrum as before.
When looking at making an outside plant architecture change of cascade reduction of anything smaller than what the operator has today all the way down to Node + 0, the potential number of transmitters and receivers needed could potentially become overwhelming from a space and powering standpoint. In contrast, Remote PHY uses high-density Ethernet switching in place of an RF combining network and the Ethernet links in place of the RF optical links. This offers the potential to greatly reduce the space considerations needed.
There are another two benefits of using Ethernet as the transport for Remote PHY. The first is the ability to now potentially mesh the RPHY transport into an already existing long haul and/or metro IP network. This allows for a great efficiency of getting two benefits out of the same IP transport network. The second benefit of using Ethernet is the ability to gain the potential for true redundancy further out into the network due to the resiliency of many IP protocols.
Many of these benefits were realized recently by a customer of Cisco and CCI Systems that deployed a fully converged CMTS and video deployment (CCAP) over Remote PHY into a serving territory that needed to now have 1 Gbps/s services utilizing DOCSIS 3.1. This operator needed to provide all their services for voice, video, and data over a single leased circuit. This proved to be a perfect application for Remote PHY as it allowed the operator to garner much greater efficiency in density of their CMTS, minimized the footprint of gear needed to be deployed in the serving territory and increase the modulation profile of the DOCSIS 3.1 carriers that were implemented, thus giving the operator more data throughput in the same amount of RF spectrum.
CCI Systems worked with the operator from beginning to end on the project, starting with listening to the needs to understand the problem to solve. It was quickly determined that Remote PHY would provide the operator the best technical and financial solution for not only this opportunity, but also for the future for growth. CCI Systems then completely designed and procured the entire end to end solution including the CMTS, IP switching architecture, video ingestion and delivery, Outside Plant nodes and passives (N+0), and any OSP facilities needed like cabinets and powering. Moving to the delivery phase, CCI deployed the entire solution while working very closely with the customer staff so they would be able to quickly take over the solution for day to day operations.
From a solution perspective, CCI and the operator relied on multiple platforms from Cisco. The Cisco cBR-8 was used as the CMTS platform along with the GS7000 node to provide the Remote PHY delivery in the plant. Cisco switching was utilized for aggregation of the Ethernet network. CCI also integrated multiple other 3rd party items to complete the entire solution from Headend to outside plant.
Do you want to know more about the end result of example presented above? CCI and Cisco will be on-hand all week at the SCTE Cable Tec Expo in Denver, CO to discuss RPHY options with operators. Visit booth #1319 to speak directly with blog author, Todd Gingrass, regarding your network’s challenges and future demands and better understand what solution is right for you.
Splitting wood, splitting nodes. It’s a rough analogy, but helps get across several points.
First, both are established practices, and even popular, given cold temperatures or bandwidth constraints. Second, both cover a range of materials and techniques. Finally, as far as generating heat and bandwidth relief, both are limited in what they can achieve.
That last point makes this topic controversial. You can’t get too far into a discussion of node splits before hearing about alternatives. Big nodes, costly splits The idea of segmenting or splitting the fiber-optic node appeared soon after that device became the linchpin of cable’s HFC architecture in the mid-1990s. In cable years, that’s a long time ago.
The practice has accelerated in the past few years, and the near-term trend looks strong. “A lot of node segmentation is going to be performed in 2007,” says C-COR Vice President, Access Technology, Bill Dawson. Why is that?
One reason is that there remain some obvious targets. “We have customers who have currently 2,500-home node sizes now,” says Motorola’s Director of Systems Marketing, Connected Home Solutions, Fred Slowick. “That’s a very large serving area.”
Just how big? Slowick says most of the major MSOs are in the less-than-a-thousand homes-passed category. A commonly heard estimate is that most nodes serve between 500 and 750 homes passed.
Operators have commended this technique publicly. It is one of several reported “tools,” for instance, in Cox Communications’ extendable optical network (EON) initiative’s “tool kit.” Yet there’s a downside. Cox Senior DOCSIS Engineer Ben Bekele said in a recent CT-hosted Webcast on DOCSIS 3.0 that reducing node splits would be a good thing. Why? “They cost a lot of money.” Initial steps Through metrics such as Time Warner Cable’s Node Quality Index and Comcast’s 100-Worst and Most-Penetrated Nodes, operators pay close attention to the status and health of these devices. As for mapping them against available bandwidth, Charter Communications Vice President, Network Operations and Engineering Services, Keith Hayes underscores the importance of methodically gathering and acting upon the right kind of data.
“The first step is you need to know where you’re running out of bandwidth: whether it’s VOD (video on demand) or HSI (high-speed Internet) or telephony. No. 2, you need early warning.”
Before touching the outside plant, however, Hayes recommends optimizing signal transmission. That would include upgrading from lower modulation orders to 256-QAM (quadrature amplitude modulation) on the downstream and from quadrature phase shift keying (QPSK) to 16-QAM on the upstream.
Another technique is to rationalize narrowcast so that there is a 1:1 combining architecture between nodes and headend or hub optics. Given a three-way splitter servicing three nodes, for instance, the idea is to remove the splitter, add two transmitters and make those optical connections point-to-point.
Yet this practice faces its own alternatives. In the aforementioned Webcast, Comcast Senior Manager, Advanced Engineering, Saifur Rahman said that instead of “decombining,” operators should consider using DOCSIS 2.0 techniques to add more downstream DOCSIS RF channels per node. In either case, you’ve moved beyond modulation upgrades but not yet reached a node split.
“You want to take the easier steps, which are typically your denser modulations, before you take the physical steps of having to recombine or extend fiber and cut a node in half,” Hayes says. Knotty nodes Much as wood varies by species, fiber nodes come in all shapes and sizes, makes and models.
Segmentable nodes have been widely – though not universally – deployed. Yet even nodes designed to be split can end up serving an unbalanced, or asymmetrical, number of homes off each output port in the field, making them resistant – much like a piece of knotty wood – to clean strikes down the middle.
“I would say – just a guess – that 50 percent are segmentable,” says Motorola’s Slowick. “But 75 percent of all nodes out there are not balanced, so it doesn’t do you a lot of good.”
In those cases, the practice is not so much splitting a node as chopping away at a nodal service area. The idea is to pull fiber further down the line and install a smaller, satellite or mini-node in a subset of the original area. Of course, that adds costs.
In the best case, the coaxial plant is balanced and the node is either segmentable or can be replaced with one that supports the desired split. “It could be as simple as a one-hour, pull-out-old-node, activate-new-node,” says Charter’s Hayes. “You have somebody at the hub reconfigure the electronics and someone down in the field who removes the old node and splices in the new one.”
The “knotty” cases are more complicated. “You have to strive to accomplish some sort of a balance in the ultimate topology,” says Dawson. The need to realign the plant makes this a bigger project. “That might have to take place over a night or two previous to the actual node split,” says Hayes. “Instead of one technician, you bring in three or four to go do the reconfiguration.”
Lashing up express coax and installing mini-nodes farther down the line consumes additional labor and materials, including fiber. What fiber? Pulling a half-mile of fiber to a new node is not out of the question. But increasing the number of fibers feeding optical nodes is a nonstarter. Standard counts, ranging from eight to six to four (which becomes two within-a-ring in ring architecture) are fixed quantities.
Even operators who budgeted spare fibers in rebuilds a decade ago find themselves short today, having redeployed that glass to homes or perhaps businesses that popped up in the interim. “The point is, they are not there as spares anymore,” says Dawson.
That relative fiber scarcity has accelerated the number of wavelength division multiplexing (WDM) products in the access space. This trend has been building. Five years ago, Scientific-Atlanta announced it had mounted coarse WDM (CWDM) return path modules into optical nodes and deployed with a European operator. Three years ago, at the SCTE Conference on Emerging Technologies, Time Warner Cable’s Tom Staniec spoke enthusiastically about collaborating with a vendor about handling a “lambda on a pole.”
The category has matured, with operators apparently eager for more efficient use of their fiber asesets. “We’re getting a tremendous response for our forward path CWDM technology,” Dawson says.
The point is that plain segmentation itself only gets you so far. Adding optical muxing and de-muxing or mounting erbium doped fiber amplifers (EDFAs) in the field gets you further, but of course adds costs. WDM and more A recent development in this space is the adoption by Aurora Networks of dense WDM (DWDM)-related technologies associated with C band of the ITU grid (1,530 nm-1,565 nm) back into the O band (1,271 nm – 1,360 nm).
“We’ve been able to get to a point where we offer six wavelengths within that O-band window,” Aurora Vice President of Marketing John Dahlquist says.
Dubbed “LcWDM,” Aurora’s approach promises to facilitate node segmentation (with or without network reconfiguration) by delivering twice as many wavelengths over a single fiber and going two times the distance, from 15 km to 30 km, as CWDM. It also dovetails with Aurora’s established position on eliminating RF amplifiers, even down to a node-plus-zero architecture.
This architectural point is yet another way in which a discussion of nodes often segues into more strategic questions.
In a paper presented at last year’s Cable-Tec Expo, Eric Schweitzer (then Harmonic Senior Director of HFC Product Marketing, now with Comcast) tested the assumption that reducing the number of amplifiers has positive network operating results.
“The conventional wisdom turned out to be correct,” Schweitzer says. “The deeper you bring fiber into the network, the more reliable the network is.”
A live topic that Schweitzer also explored is what number of amplifier cascades will enable operators to support the CableLabs’ definition of required availability for VoIP networks (namely, 0.9994.) His answer? Node-plus-two with redundant power supply, node-plus-one without. Expansions, SDV How the industry eliminates enough actives to hit that target is a loaded question. (Schweitzer said the industry status quo was greater than node-plus-four.) More commonly, node-plus-n is discussed in terms of new build rather than existing plant.
Beyond the fiber-deep question, two other issues impact current discussion of node segmentation, namely expansion to 1 GHz and switched digital video.
As for expansion, it’s worth noting that today’s latest nodes already are supporting 1 GHz. The reason being, the optics cost the same. They’re also capable of mid-splits.
Whether, when and how widely any of that spectrum gets used is another matter. Some engineers on the operator side are beginning to use words such as “isolated single node, spot spectrum improvements,” carefully chosen to sidestep the trip wires that Wall Street has set to detect any potential movement toward network upgrades.
In the end, any analysis of node segmentation must answer that first question that Hayes raised: Where are you short? VOD? HSI? Telephony? And what about SDV?
Usually cast as a bandwidth savings technique, SDV also looks like a service, consumes bandwidth early on and reacts in its own way to a node split.
Whereas a split can double HSI capacity, “in the SDV case, there will not be a doubling,” says one MSO engineer, “because many program streams will be duplicated on each side of the split.”
“On the other hand, doubling the size of the narrowcast Edge (E)QAM allocation will provide SDV with far more than double capacity, because the additional EQAM resources will see mostly long-tail content.”
In other words, a split can work against SDV. “The efficiency gains you get in a 500- or 1,000-home node are much higher than you would get in a 250- or 125-home node,” says Jeff Fryling, vice president of business development at Vyyo, a firm that advocates operators’ cutting to the chase with bandwidth expansion, rather than getting hit with a “double spend.” Many weapons But in certain cases, segmentation may be compatible with SDV. That was one of the points that Dawson and C-COR colleague Jeff Sauter made in the July 2006 issue of CT. Although their article did not account for Edge QAMs, it did contain a busy table mapping existing against desired serving group sizes, indicating the kind of close calculations required to determine which techniques to use at which sized nodes.
The bottom line is that while large nodes with balanced distribution legs present easy targets, node splitting is no silver bullet in the battle for bandwidth. It’s one weapon in an arsenal that contains higher modulation orders, decombining, advanced DOCSIS and the latest environmentally hardened optics. Add to those the notion of spot spectrum improvement, boosts to Edge QAM resources and, needless to say, robust spreadsheeting capability. Jonathan Tombes edits Communications Technology. Reach him at firstname.lastname@example.org.