Mike Aquino has joined Carrier Ethernet edge and aggregation provider Overture as president/CEO to help guide Overture through its next phase of customer and revenue growth worldwide. Co-founder and current CEO Jeff Reedy will continue with the company as Chief Strategy Officer. Aquino joins Overture from Ciena Corporation, where he served stints as senior vice president/Global Field Operations, general manager/Global Government Solutions and vice president/Americas.

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Verizon, NYC Reach Settlement

Verizon has an agreement with New York City that settles proceedings against it after the city claimed it had failed to meet buildout terms for its Fios network under its cable franchise agreement.

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