This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Retelit Deploys High-Performance Network In Italy With Ciena

Stocks in this article: CIEN

Ciena® Corporation (NASDAQ: CIEN), the network specialist, and Retelit Spa, a leading Italian provider of data services and infrastructure, have announced the deployment of Ciena’s converged packet optical solutions to modernize Retelit’s network and improve efficiency, latency and scalability. By deploying this high-performance, low-latency network in its backbone and throughout metropolitan locations, Retelit can offer a range of new services and support key applications like high-frequency trading, e-healthcare and replication of real-time data.

With high-performance capacity scalable to 100G per wavelength serving heavily utilized backbone routes and eight metropolitan networks in major Italian cities, Retelit can provide its wholesale, enterprise and public sector customers with the increased network capacity and flexibility needed to meet subscribers’ needs. The initial phase of the project, upgrading the backbone from Milan to Rome, is expected to be implemented by the end of October; the remaining network upgrades will be completed in future phases.

Powered by Ciena’s industry-leading 6500 Packet-Optical Platform, equipped with third generation WaveLogic Coherent Optical Processors and the unique feature of integrated packet switching and traffic management alongside Optical Transport Network (OTN) transport solutions, Retelit will be able to tailor service level agreements to meet each customer’s specific requirements. With the improved efficiencies of the new network, Retelit will be able to expand to reach more customers, and offer data transport speeds up to 10 times faster than what is available on the network today.

Additionally, Ciena’s One Control Unified Management System will provide comprehensive unified management, visualization and end-to-end control of the network. This will allow Retelit to rapidly deploy new service offerings, and coordinate across network protocol layers to ensure efficient use of critical network assets and bandwidth optimization.

“Ciena’s converged packet optical solutions will enable us to reduce the complexities in our network, while exponentially increasing the capacity to meet the growing market demand caused by the dramatically rising use of high-capacity broadband services and technologies. We selected Ciena because of its proven track record and expertise in equipping service providers to modernize their networks and accommodate user’s demands for high-bandwidth services and applications like high-frequency trading and e-healthcare applications,” states Enrico Mondo, General Manager at Retelit.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs