A journal for networking and telecoms
Coverage archive
Browse Converge Digest reporting from this month.
Reporting
Juniper Networks reported Q2 2022 ret revenues of $1,269.6 million, an increase of 8% year-over-year and an increase of 9% sequentially. GAAP operating margin was 8.5%, an increase from 7.3% in the second quarter of 2021, and an increase from 5.0% in the first quarter of 2022. GAAP net income was $113.4 million, an increase […]
Citing evolving macroeconomic conditions and other unforeseen items, Microsoft reported revenue and earnings below its previously-provided financial guidance. Revenue was $51.9 billion, an increase of 12% (up 16% in constant currency). Operating income was $20.5 billion and increased 8% (up 14% in constant currency). Net income was $16.7 billion and increased 2% (up 7% in […]
Alphabet reported Google Cloud revenue of $6.276 billion in the quarter ending 30-June-2022, up 36.5% from the same period last year. The company cited continued demand across all geographies and market segments. Google Cloud Public Sector was launched in June. The operating loss for Google Cloud increased to ($858 million) compared to ($591 million) a […]
Verizon Business announced several improvements to its BlueJeans meeting service aimed at making calls more engaging and immersive. These include: Multi-Language Closed Captioning and Transcripts: More language options to better support diverse, dispersed teams Hide Self View: The ability to hide one’s own video, while still allowing others to see you, reduces video fatigue caused […]
BoFiNet, a wholesale provider of national and international telecommunications infrastructure in Botswana, selected Ribbon Communications to upgrade its national backbone. BoFiNet’s backbone network, Botswana’s largest, supports the company’s mandate to provide a world-class telecommunications infrastructure to help drive connectivity and economic growth. More than 75 of the country’s service providers connect to and rely on […]
Demand for Microwave Transmission equipment is set to increase for the next few years due to future 5G deployments, according to a recent forecast report by Dell’Oro Group. This growth will be driven by new 5G markets that rely more on wireless backhaul. “Microwave Transmission equipment demand is on the rise,” said Jimmy Yu, Vice […]
Nokia introduced its Lightspan SF-8M optical line terminal (OLT) with support both GPON and XGS-PON and future support for 25G PON. The sealed remote OLT comes with flexible powering options, including power-over-coax making the unit particularly suitable for cable operators. Based on the Nokia Quillion chipset, the Lightspan SF-8M will support eight GPON, XGS-PON, or […]
CityFibre awarded a 10-year contract to Nokia to supply its XGS-PON broadband equipment for its nationwide network of purpose-built Fibre Exchanges. Nokia will also supply fiber modems for customer homes and IP aggregation switches. Shipments will begin in Q4 2022. CityFibre is building an open access network which will connect up to 8 million premises […]
Eutelsat Communications and OneWeb agreed to merge. The deal combines Eutelsat’s fleet of 36 GEO satellites with OneWeb’s constellation of 648 Low Earth Orbit satellites, of which 428 are currently in orbit. The companies say their operations are highly complementary and that a clear roadmap has been designed to develop over time a complementary GEO/LEO […]
ORANGE Spain and MASMOVIL agreed to combine their operations in the form of a 50-50 joint venture co-controlled by both companies with equal governance rights. The deal includes a right to trigger an IPO under certain conditions for both parties after a defined period and, in such a scenario, an option for ORANGE to take […]
Taiwan-based MediaTek announced a strategic partnership to manufacture chips using Intel Foundry Services’ (IFS) advanced process technologies. MediaTek plans to use Intel process technologies to manufacture multiple chips for a range of smart edge devices. MediaTek said the agreement will provide it with a more balanced, resilient supply chain through the addition of a new […]
Kioxia is now shipping new CM7 series NVMe SSDs designed with PCIe 5.0 technology in Enterprise and Datacenter Standard Form Factor (EDSFF) E3.S and 2.5-inch form factors. The EDSFF E3 family enables the next generation of SSDs with PCIe 5.0 technology and beyond to address future data center architectures, while supporting a variety of new […]
Nanosys, a start-up based in Milpitas, California, raised more than $50 million in Series B equity and debt financing for its quantum dot and microLED technologies for advanced displays. The initial close of this round includes as new investors funds managed by affiliates of Fortress Investment Group, Centerbridge Partners and Kilonova Capital. “This is a […]
