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Article: Session Border Control House Newport Goes On The Block.
- Article from:
- TelecomWeb News Digest
- Article date:
- July 11, 2008
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British session border controller house Newport Networks this morning said that it is close to going under, the victim in part of a rapidly changing enterprise telecom market in which major router players are making companies such as Newport essentially obsolete by building session border control capability into their products.
In a filing with the London Stock Exchange Newport said that its sales during the first six months of the year were "restricted to just maintenance revenues" (it was $8.5 million in the red for the first half of this year, and for all of 2007 had sales of just $260,477 and lost $17 million), and that it saw few prospects for ...