A journal for networking and telecoms
Coverage archive
Browse Converge Digest reporting from this month.
Reporting
Equinix and GIC, SINGAPORE’S sovereign wealth fund, agreed to form a US$525 million joint venture to develop and operate two xScale data centers in Seoul, Korea. GIC will own an 80% equity interest in the joint venture, and Equinix will own the remaining 20% equity interest. The two facilities under this joint venture, to be […]
Citing strong growth in cloud services, Microsoft reported revenue of $51.7 billion for its second quarter ended 31-December-2021, an increase of 20% yoy. Net income was $18.8 billion and increased 21%, Diluted earnings per share was $2.48 and increased 22%. “Solid commercial execution, represented by strong bookings growth driven by long-term Azure commitments, increased Microsoft […]
Citing an all-time record quarter for its Data Center Group (DCG), with strong server recovery in enterprise and government, Intel reported Q4 2022 GAAP revenue of $20.5 billion, exceeding October guidance by $1.3 billion and up 3 percent yoy. Q4 EPS amounted to $1.13, exceeding October guidance by 35 cents. Full-year GAAP revenue set an […]
Citing customer growth in wireless, fiber and HBO Max, AT&T reported consolidated revenues for Q4 2021 of $41.0 billion versus $45.7 billion in the year-ago quarter, down 10.4% reflecting the impact of divested businesses, mainly U.S. Video in the third quarter and Vrio in the fourth quarter, and lower Business Wireline revenues. Excluding impacts of […]
Verizon Business is working with Atos to power intelligent IoT solutions with private 5G multi-access edge computing. The Verizon-Atos solution provides an end-to-end architecture that includes hardware, 5G, application and automation, field services and service desk support. Verizon will implement Atos Computer Vision platform in their private 5G multi-access edge computing as part of the […]
Rambus released a PCI Express 6.0 Controller, delivering data rates up to 64 Gigatransfers per second (GT/s) for high-performance applications. In addition, the controller provides an Integrity and Data Encryption (IDE) engine that monitors and protects PCIe links against physical attacks. “The rapid advancement of AI/ML and data-intensive workloads requires that we continue to provide […]
by Benedict Chua, Associate Editor Juniper Networks is pushing ahead with its next generation Trio and Express ASICs for cloud and Service Provider networks. The 5th generation Express ASIC, which powers Juniper’s PTX Series core routers, increases forwarding performance with pipeline and memory capabilities for scaling, filtering, telemetry and sampling operations. It offers 45% power […]
An “America Competes Act of 2022” was introduced into the U.S. House of Representatives with the aim of bolstering the nation’s competitiveness with China. The 2,900-page bill includes $52 billion in incentives for the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Fund. The proposed legistation offer $45 billion for supply chain resilience and […]
Verizon Communications reported strong wireless service revenue growth and increased 5G phone adoption in Q4 2021, as more than one in three Consumer wireless phone customers now have a 5G-capable device. “2021 was a transformational year for Verizon that will serve as a catalyst for us,” said Verizon Chairman and CEO Hans Vestberg. “We delivered […]
Ericsson reported steady sales in its core mobile infrastructure business for Q4 2021 despite a significant drop off in business in mainland China. Overall group organic sales for Q4 2022 grew by 2% YoY. Excluding mainland China, organic sales growth was 5%. Reported sales were SEK 71.3 (69.6) billion (approximately US$7.7 billion). In North America, […]
Harbor Link broke ground on a new 60-mile, diverse conduit route set to enhance connectivity between Baltimore, Maryland, Washington D.C., and Northern Virginia. The route will provide undergroud conduit for fiber optic cables along the highly traversed I-95 corridor. The underground infrastructure system will provide local and long-haul dark fiber capacity, with more than 300 […]
BT will offer its customers VMware Secure Access Service Edge (SASE) as a global managed service, combining BT’s networking capabilities and isecurity expertise with VMware technology. BT already offers a managed service based on VMware SD-WAN. The companies said the new managed service will help customers accelerate their digital transformation by providing employees wherever they […]
F5 reported first quarter fiscal year 2022 GAAP revenue of $687 million, up 10% from GAAP revenue of $625 million and non-GAAP revenue of $626 million in the year-ago period. First quarter fiscal year 2022 GAAP and non-GAAP revenue growth was driven by 19% product revenue growth and 2% global services revenue growth over the […]
