NTT Data acquires majority stake in Malaysian payments firm GHL, while the Philippines' Globe Telecom confirms it is seeking early IPO for popular GCash fintech business. ...
Business
Business
UScellular and TDS Announce Sale of Wireless Operations and select Spectrum Assets to T-Mobile for Approximately $4.4 Billion
United States Cellular Corporation and Telephone and Data Systems, Inc. announced they have entered into a definitive agreement to sell UScellular's wireless operations and select spectrum assets to T-Mobile for a purchase price of $4.4 billion, including a combination of cash and up to approximately $2 billio...
After strong market and capacity growth in 2023, what can be expected in 2024 and after?...
Adtran today announced that this month marks the 75th anniversary of Oscilloquartz. Founded in 1949, Oscilloquartz has evolved into a global leader in PNT network timing technology, setting numerous industry benchmarks throughout its history. The company offers precision synchronization solutions that empower cust...
Business
Dell Technologies and Ericsson form strategic partnership to accelerate telecom network cloud transformation
Dell Technologies (NYSE: DELL) and Ericsson (NASDAQ: ERIC) announce a strategic partnership to combine their deep industry expertise with telecom software, solutions and support, to guide communications service providers (CSPs) through their radio access network (RAN) cloud transformation journeys. ...
Business
Lightwave Logic and Advanced Micro Foundry (AMF) Partner to Accelerate Development of Silicon Photonics Modulators Using Electro-Optic Polymers
Lightwave Logic announced a collaboration with Advanced Micro Foundry (AMF), a leading Silicon Photonics volume foundry – to develop state-of art polymer slot modulators utilizing AMF's silicon photonics platform....
Preliminary findings suggest that the overall 2G-5G RAN market—including baseband plus radio hardware and software, excluding services—declined 15 to 30 percent in 1Q 2024, resulting in a third consecutive quarter of double-digit contractions....
Business
New Zealand's 2degrees chooses Nokia 5G core software solutions running on Red Hat OpenShift
New Zealand communication service provider 2degrees has chosen Nokia's 5G core Registers and Shared Data Layer (SDL) software, which will be deployed on Red Hat OpenShift, the industry's leading hybrid cloud application platform powered by Kubernetes, to more cost-effectively manage data with increased reliabil...
In a growing number of US locations, AT&T, T-Mobile and Verizon will all be using Ericsson's radios. No other vendor – neither Samsung nor Nokia – will have any presence. ...
Microchip has acquired Neuronix AI Labs to expand its capabilities for power-efficient, AI-enabled edge solutions deployed on field programmable gate arrays (FPGAs)....
Business
IDC Forecasts Slower Growth for Global Telecommunications Services Market: Could AI Help Telcos to Maintain Healthy Margins?
Worldwide spending on Telecom Services and Pay TV Services reached $1,509 billion in 2023, an increase of 2.1% over 2022. IDC expects worldwide spending on Telecom and Pay TV services will increase by 1.4% in 2024 and reach a total of $1,530 billion....
AOI first quarter GAAP revenue was $40.7 million, compared with $53.0 million in the first quarter of 2023 and $60.5 million in the fourth quarter of 2023. The company expects a recovery in the second quarter and continue to anticipate a markedly improved second half of the year....
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 ...
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...
