Cisco to restructure, kill Flip business

By on April 12, 2011 at 10:24 AM.

Cisco to restructure, kill Flip business

Today, Cisco announced plans to restructure its business, noting that it will kill off parts of its consumer vertical in an effort to focus on core routing, switching and services, collaboration, architectures, and video. The Flip video camera line will be one casualty of the restructuring, although Cisco says that it will provide current FlipShare customers with a transition plan. The firm said it will also:

  • Refocus Cisco’s Home Networking business for greater profitability and connection to the company’s core networking infrastructure as the network expands into a video platform in the home. These industry-leading products will continue to be available through retail channels.
  • Integrate Cisco umi into the company’s Business TelePresence product line and operate through an enterprise and service provider go-to-market model, consistent with existing business TelePresence efforts.
  • Assess core video technology integration of Cisco’s Eos media solutions business or other market opportunities for this business

“We are making key, targeted moves as we align operations in support of our network-centric platform strategy,” said John Chambers, Cisco chairman and CEO. “As we move forward, our consumer efforts will focus on how we help our enterprise and service provider customers optimize and expand their offerings for consumers, and help ensure the network’s ability to deliver on those offerings.” Hit the jump for the full release. More →

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AT&T says iPhone users aren’t fleeing to Verizon faster than expected

By on March 2, 2011 at 6:33 PM.

AT&T says iPhone users aren’t fleeing to Verizon faster than expected

Speaking to reporters on Wednesday, AT&T Mobility boss Ralph de la Vega said that iPhone users aren’t defecting to Verizon Wireless any faster than the carrier expected.”We haven’t seen any surprises, and everything is pretty much within our expectations,” de la Vega stated. Verizon Wireless finally launched its first Apple smartphone — the iPhone 4 — last month, and some analysts believed hoards of AT&T iPhone users would flock to Verizon as a result. AT&T, of course, has found itself under much scrutiny resulting the iPhone’s from poor performance on its network in several major metropolitan regions. De la Vega would not share specific numbers so in there may in fact be a mass exodus underway, but early indications do not lead us to believe that is the case. Analysts at Wells Fargo said earlier this week that AT&T is expected to lose 150,000 contract customers in the first quarter of 2011, down from the 225,000 it originally projected. More →

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