GAAP revenue was $43.3 million, compared with $41.6 million in the second quarter of 2023 and $40.7 million in the first quarter of 2024....

Data Center IT Semiconductor Market to Reach $390 Billion by 2028...

Lowered Near Term Forecast; Raised Forecast for Outer Years...

Ericsson (NASDAQ: ERIC) today announced a landmark collaboration with NRTC, Southern Linc, and Anterix (NASDAQ: ATEX) to deliver cutting-edge private network solutions to electric cooperatives (co-ops) of all sizes and service terrains across the United States. This strategic partnership aims to provide reliable, resil...

SK Telecom's ambitious AI strategy made further gains in Q2 but not enough to lift its bottom line. The Korean operator announced quarterly earnings of 350.2 billion Korean won (US$254 million), up just 0.7%, although slightly ahead of analysts' expectations of KRW346.2 billion ($251 million). ...

Lumen creates Custom Networks Division to Meet New Demand...

POET Technologies announced that it has expanded its partnership with Luxshare Technology Co. Ltd. (“Luxshare Tech”) to provide more optical module products targeted at AI network equipment and AI service providers....

TPG Telecom has confirmed it is once again in talks with the Vocus Group about the sale of most of its fiber portfolio....

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. ...

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. ...

Agreement reserves 10% of Corning's global fiber capacity for each of the next two years to interconnect AI-enabled data centers, also will more than double Lumen's intercity network miles to unlock the next phases and capabilities of AI for cloud data centers, enterprises, and public agencies. ...

Worldwide Data Center Capex to Grow at a 24 Percent CAGR by 2028...

The market has grown from just under $10bn in 2022 to $78bn this year, and Omdia expects it will eventually reach $151bn in 2029. However, there is likely to be a distinct inflection point in 2026, with a shift from technology adoption to change in demand for AI applications as the driver of growth....

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. ...

Sales of Ethernet optical transceivers used in AI Clusters is more than doubling in 2024. The strong growth is likely to continue in 2025-2026, but this will not last indefinitely....