Cisco to boost Internet speed for cable companies

|About: Cisco Systems, Inc. (CSCO)|By:, SA News Editor

Cisco Systems (NASDAQ:CSCO) is set to launch a converged cable access platform, enabling cable operators to offer download speeds of one gigabit a second or more.

The new cBR-8 system, to be unveiled on Tuesday, will "enable cable operators to achieve savings that could exceed 40% of capital and operating expenses over five years," the networking-equipment maker said in a statement.

Yesterday, Cisco named company veteran Chuck Robbins as its new CEO. Robbins will replace John Chambers on July 26.

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