TPG Telecom has confirmed it is once again in talks with the Vocus Group about the sale of most of its fiber portfolio....
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Business
UScellular leverages latest Ericsson router technology to elevate 5G infrastructure in rural America
Ericsson (NASDAQ: ERIC) and UScellular (NYSE: USM) today announced an infrastructure upgrade, leveraging Ericsson's existing Router 6000 portfolio along with the newly announced Router 6671, aimed at closing the digital divide in rural America through bolstering 5G transport infrastructure and enhancing high-speed ...
Q2 enterprise spending on cloud infrastructure services was $79 billion worldwide, up $14.1 billion or 22% from the second quarter of 2023. After seeing growth rates soften a little through much of 2023, this is the third consecutive quarter in which the year-on-year growth rate was 20% or more, with generative AI bein...
The smallish telecom sector was never the main concern for Intel, the giant US chipmaker that made most of its $54.2 billion in revenues last year by selling chips for PCs and data center servers. But it barely got a mention on this week's earnings call with analysts. Intel, it seems, would rather forget about a ma...
Infinera Corporation (NASDAQ: INFN) today released financial results for its second quarter ended June 29, 2024. ...
Although 5G standalone (5G SA) networks aren't yet the norm in the US, they are delivering higher download speeds that are steadily improving, according to data shared this week by Ookla. ...
Business
Bounteous x Accolite and Nokia sign agreement to boost network API use-case development leveraging 5G capabilities
Bounteous x Accolite, a global digital transformation services consultancy, has signed an agreement to utilize Nokia's Network as Code platform with developer portal, with the aim of creating new use cases in areas like health care and gaming that harness 5G network capabilities. ...
Samsung has turned in another bumper result on the back of strong AI-driven demand, unveiling a 15-fold increase in Q2 operating profit. ...
On the eve of its results announcement for the second quarter of 2024 (Q2 FY24), Telefónica revealed that it plans to embark on yet another fiber venture in Spain, signing a non-binding MoU with rival Vodafone Spain. ...
2025 Promises a Light at The End of The Tunnel...
Business
Broadband Equipment Spending Expected to Grow at 2 Percent CAGR Over Next Five Years, According to Dell'Oro Group
2024 Outlook Lowered Due to Slower PON and Cable CPE Purchasing...
Spanish operator is ditching ZTE, introduced by Orange in 2019, and cutting its use of Huawei, according to a local press report. ...
Business
Worldwide Spending on Public Cloud Services is Forecast to Double Between 2024 and 2028, According to New IDC Spending Guide
Worldwide spending on public cloud services is forecast to reach $805 billion in 2024 and double in size by 2028. Although annual spending growth is expected to slow slightly over the 2024-2028 forecast period, the market is forecast to achieve a five-year compound annual growth rate (CAGR) of 19.4%....
Business
Nokia extends its Fixed Networks Connected Partner program with two OSS/BSS suppliers Sonar and Camvio
Nokia today announced that Sonar and Camvio, two leading billing and operational software providers, have joined its Connected Partner Program (CCP). This program aims to reduce the risk, cost and time required to implement, modify, and maintain OSS interoperability with Nokia Fixed Network solutions. Sonar and Ca...
Business
GARR selects Infinera's GX Series to Double Capacity of Italy's Research & Education Network
Infinera (Nasdaq: INFN) announced today that GARR, the Italian research and education network, selected Infinera's GX Series ICE6 800G coherent solution to double capacity of GARR's new optical infrastructure, GARR-T. As part of this project, GARR's expanded network will now extend to Sardinia. ...
Net revenue of $92.0 million in Q2, GAAP gross margin of 54.6% and non-GAAP gross margin of 60.2%...
Nokia today announced that it is adding a new 5G Fixed Wireless Access outdoor receiver and indoor gateway with Wi-Fi 7 to its growing portfolio of FWA broadband access products. Designed to meet the unique demands of the North American region, the new solutions support a broad range of 4G and 5G bands, including Citiz...
Juniper Networks (NYSE: JNPR), a leader in secure, AI-Native Networks, today reported preliminary financial results for the three months ended June 30, 2024. ...
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 its financial results ...
T-Mobile and KKR have formed a JV to acquire Metronet. The deal will see T-Mobile invest $4.9 billion for a 50% equity stake and 100% of Metronet's residential fiber retail operations and customers. ...
