Third quarter of fiscal 2024 net revenue was $246.0 million. GAAP net loss was $(24.6) million, or $(0.11) per share. Non-GAAP net income was $13.2 million, or $0.06 per share. VIAVI end markets spend environment continues to be challenging, particularly the service providers and enterprise customer segments....
Critical Communications World 2024 takes place in Dubai from May 14-16, and once again Ericsson will be on hand to present its mission-critical solutions such as Digital Airspace and Smart Grid Monitoring that can support mobile operators and partners in offering high-performing, resilient and secure connectivity to go...
O2 Telefónica in Germany and Nokia announced today the deployment of 5G standalone core software on Amazon Web Services (AWS). The rollout provides O2 Telefónica with ultra-low latency to deliver advanced 5G services, like extended reality and network slicing, which require instant availability and greater bandwid...
Nokia and Vodafone today announced the successful completion of a trial, leveraging Nokia's anyRAN approach in collaboration with partners Arm and Hewlett Packard Enterprise (HPE). The live demonstration, held at Nokia's Open RAN Innovation Center in Dallas, Texas, showcased the completion of an end-to-end Laye...
Fabrinet announced its financial results for its third fiscal quarter endedMarch 29, 2024. Revenue for the third quarter of fiscal year 2024 was $731.5 million, compared to$665.3 million for the third quarter of fiscal year 2023....
ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its unaudited financial results for the first quarter of 2024. ...
NetComm's Subscriber Access portfolio to enhance and accelerate DZS broadband networking and cloud software portfolio, and adds marquee customers across North America, Europe, Australia and New Zealand ...
Nokia has won a major contract with Deutsche Glasfaser to build a highly innovative and modern country-wide fiber broadband network in Germany. Nokia will provide a full suite of fixed access and IP network products including its next-generation PON fiber solution, capable of supporting GPON, XGS-PON and 25G PON o...
Net revenue for the fiscal third quarter of 2024 was $366.5 million, with GAAP net loss of $127.0 million, or $1.88 per diluted share. Net revenue for the fiscal second quarter of 2024 was $366.8 million, with GAAP net loss of $99.1 million, or $1.47 per diluted share. Net revenue for the fiscal third quarter of 2023 w...
EKINOPS (Euronext Paris - FR0011466069 – EKI), a leading supplier of optical transport and enterprise connectivity solutions, today announced a distribution partnership with EUVIC to help bring more cost-effective and scalable, high-performance optical transport solutions in Poland. ...
Ericsson (NASDAQ: ERIC) and Umniah have recently signed a memorandum of understanding (MoU) for expanding the 3G and 4G network in major cities in the Hashemite Kingdom of Jordan. ...
DZS will pay up to $10 million for NetComm, the Australia-based unit of Casa Systems that makes and sells a mix of fixed wireless access, Wi-Fi, fiber extension and enterprise IoT products. ...
New data from Synergy Research Group shows that Q1 enterprise spending on cloud infrastructure services was well over $76 billion worldwide, up $13.5 billion or 21% from the first quarter of 2023....
Infobip, the global cloud communications platform, and Nokia today announced a partnering agreement that will enable the global developer community to leverage both companies' Application Programmable Interface (API) platforms to build a wider array of telco network powered applications faster for consumer, enterpr...
Nokia and Vodafone today announced that they have successfully completed an end-to-end Open RAN trial on Vodafone Italy's live 5G standalone network. The trial utilized Nokia's AirScale Massive MIMO radios and Nokia's baseband software running on Dell PowerEdge XR8000 servers and Red Hat OpenShift, an indus...
China Telecom Co., Ltd. Beijing branch and Huawei launched China Telecom's first 5G FWA(Fixed Wireless Access) commercial pilot project....
Nokia has announced that e& UAE, telecom arm of e&, will leverage Nokia's cloud interconnect solution to provide connectivity services for hyperscalers in the United Arab Emirates (UAE). By using Nokia's FP5-based technology, e& UAE can now offer significantly high-quality connectivity to hyperscalers, represen...
Ekinops (Euronext Paris - FR0011466069 – EKI), a leading optical transport and network access specialist, today announced that Valo Networks will be deploying its Ekinops360 WDM transport platform to deliver rural broadband connectivity in Red Deer county, AB, Canada. ...
Optus's lower valuation and weaker outlook weigh on parent Singtel as it announces $2.3 billion in write-downs....
Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that in cooperation wi...
