A journal for networking and telecoms
Coverage archive
Browse Converge Digest reporting from this month.
Reporting
Novva Data Centers, which operates data center campuses in Colorado Springs, Colorado, and West Jordan, Utah, raised $355 million in capital from CIM Group, bringing the company’s total equity commitment to Novva to $450 million in just over two years. The funding will support Novva’s plans to expand across the United States in order to […]
The worldwide Optical Transport equipment market grew 2 percent year-over-year in 1Q 2022, according to a new report from Dell’Oro Group. The market was driven by the stellar growth in the American regions, comprising North America and Latin America. “Growth in Americas more than offset declines in other regions,” said Jimmy Yu, Vice President at […]
https://youtu.be/evRXR5HLXPs MEF Lifecycle Service Orchestration (LSO) is a reference architecture and framework for enabling end-to-end automation and orchestration, across multiple provider networks. LSO defines the reference points between key functions within the service provider and extending out to the enterprise and the cloud. MEF standardizes these reference points, developing information models, business requirements and use […]
ADVA introduced a GPS/GNSS-backup-as-a-service (GBaaS) that employs a combination of multi-layer detection, multi-source backup and fault-tolerant mitigation to render timing networks more secure. Embedded in all timing devices, ADVA’s Syncjack technology provides comprehensive and precise synchronization performance monitoring and analytics, enabling the Ensemble Sync Director network management suite to intelligently operate and prioritize multi-source timing […]
Citing strong customer and growth in subscription sales, Hewlett Packard Enterprise reported Q2 revenueof $6.7 billion, up 0.2% and 1.5% adjusted for currency from the prior-year period and in line with Q2 outlook. Diluted net earnings per share (GAAP) were $0.19, flat from the prior-year period primarily due to $126 million of Russia-related charges. Non-GAAP […]
Ligado Networks has selected Sony Semiconductor Israel to develop chipsets for Ligado’s 5G mobile satellite network for the Internet of Things (IoT). As a leading provider of cellular IoT chipsets, Sony will build on extensive design efforts and standards coordination to adapt 5G IoT technology and manufacture IoT chipsets that are compatible with Ligado’s L-band […]
Kajeet has selected Open Networking Foundation’s (ONF’s) Aether platform to build their own private 5G Networks-as-a-Service offering. The Kajeet solution provides a cloud-based platform providing enterprises Private LTE and 5G, both indoor and outdoor, with seamless mobility between public and private cellular networks, as a turnkey cloud-managed Network-as-a-Service. Kajeet’s Private 5G platform provides cloud-based SIM […]
Telia sold 49 percent of its tower business in Sweden to Brookfield and Alecta at a price corresponding to an enterprise value (EV) for 100 percent of SEK 11,224 million (US$1,140 billion) on a cash and debt free basis. The valuation of the Swedish tower business equals 28.2x normalized EBITDA 2021. Allison Kirkby, Telia […]
TIM and Open Fiber and major investors reached a preliminay integration agreement aimed at accelerating the rollout of fiber broadband across Italy. The deal would create a single, non-vertically integrated telecommunications network operator, controlled by CDPE and invested in by Macquarie Asset Management and Kohlberg Kravis Roberts (KKR). The transaction may be structured by separating […]
EFFECT Photonics, which is a developer of integrated coherent optics solutions and a spin-off from the Eindhoven University of Technology in the Netherlands, opened its Americas Headquarters in Maynard, Massachusetts. The new facility provides further support for North and South American customers and partners as well as for global customers with operations in the region. […]
