C-COR.net [CCBL] will acquire all of MAN packet-based transport solutions provider Lantern Comm for a cash payment of $20mln. — Tellabs will shell out $1.9bln in cash and stock to acquire Advanced Fibre Communications. AFC chmn & CEO John Schofield will join Tellabs as COO when the deal closes later this year. Verizon, which launched its aggressive FTTP initiative yesterday, tapped AFC as one of its primary vendors. — Viacom [VIA] declared a regular quarterly cash dividend of 6 cents/share on its Class A and B Common Stock, payable July 1.

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Nevada Clears BEAD Hurdle

Nevada is the latest state to earn NTIA approval for its Final Proposal, opening the door for it to begin awarding grants to ISPs wanting to build out within its borders. Nevada was allocated more than

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