A journal for networking and telecoms
Coverage archive
Browse Converge Digest reporting from this month.
Reporting
Ericsson reported Q2 2022 revenue of SEK 62.5 billion (US$5.9 billion), up 5% YoY driven primarily by Networks in North America and Europe. Reported gross income increased to SEK 26.3 (23.9) b. driven by higher sales. Gross margin was 42.1% (43.4%). Reported net income was SEK 4.7 (3.9) billion. Networks sales grew organically by 6% […]
Deutsche Telekom will sell 51 percent of GD Towers comprising its tower assets in Germany and Austria, to Digital Bridge and Brookfield at 17.5 billion euros enterprise value on a cash and debt free basis. With around 800 employees, GD Towers operates more than 40,000 sites in Germany and Austria and has a successful track […]
The radio access network (RAN) market remains on track for a fifth consecutive year of growth in 2022 and global revenues are projected to stay above $40 billion by 2026, according to a recent report from Dell’Oro Group. “Even with the unusual uncertainty surrounding the economy, the war in Ukraine, the supply chains, and China’s […]
Mob Telecom (Mob), part of Mobwire hub which provides internet and broadband in Brazil and is owned by Alloha Fibra group, has deployed Ciena’s Waveserver 5 platform, powered by WaveLogic 5 Extreme coherent optics. This network enhancement delivers high-bandwidth connectivity, scaling up to 800 Gbps per channel, across several data centers and four cable landing […]
Samsung Electronics has begun sampling the industry’s first 16-gigabit (Gb) Graphics Double Data Rate 6 (GDDR6) DRAM featuring 24 Gbps processing speeds. Built on Samsung’s third-generation 10-nanometer-class process using extreme ultraviolet (EUV) technology, the new memory is designed to significantly advance the graphics performance for next-generation graphics cards (Video Graphics Arrays), laptops and game consoles, […]
Telstra has named Steve Mundt as Vice President of Enterprise and Technology for the Americas, responsible for direct sales and new business development across the region. Mundt most recently was Global Account Director for Media and Technology at Telstra. Prior to joining Telstra in 2017, he held sales and business development roles at global technology […]
AT&T has been awarded a contract to provide its AT&T Business Fiber to more than 750 McDonald’s restaurants across the U.S. The symmetrical high-speed connectivity of the AT&T fiber network will provide these restaurants with the ability to elevate the customer experience. “In 5 years, the restaurant experience could be very different than what it […]
Deutsche Telekom and Google Cloud announced an expanded partnership focused on the following areas: Core Network Services: Deutsche Telekom and Google Cloud will jointly pilot several network services such as 5G Standalone in Austria, as well as remote packet gateway functions, leveraging Google Cloud and Google Distributed Cloud Edge, a fully managed product that brings […]
Lumen Technologies is expanding its Edge Computing Solutions into Europe, providing the low latency platform businesses need to extend their high-bandwidth, data-intensive applications out to the cloud edge. Lumen Edge Computing Solutions bring together the company’s global fiber network, on-demand networking, integrated security, and managed services, with edge facilities and compute and storage services. The […]
Amazon Web Services introduced AWS Cloud WAN, a new managed wide area network (WAN) service that connects on-premises data centers, colocation facilities, branch offices, and AWS Regions into a single, unified global network with just a few clicks in a central management dashboard. This removes the need to configure and manage individual networks that use […]
NVIDIA outlined a new Quantum Optimized Device Architecture (QODA) for creating a coherent hybrid quantum-classical programming model. QODA is an open, unified environment for quantum processors that aims to make it easier to add quantum computing to existing applications, leveraging both today’s quantum processors, as well as simulated future quantum machines using NVIDIA DGX systems […]
Scale Computing announced $55 million in funding for its edge computing, virtualization, and hyperconverged solutions. The SC//Platform is an autonomous, self-healing platform that enables remote edge management of applications and systems at scale, and keeps applications running even as errors happen, utilizing machine intelligence rather than human administrators. The SC//HyperCore software delivers on-premises edge computing […]
Intel released the first set of open source AI reference kits, including AI model code, end-to-end machine learning pipeline instructions, libraries and Intel oneAPI components, for on-prem, cloud and edge environments. Intel said its kits enable data scientists and developers to learn how to deploy AI faster and more easily across healthcare, manufacturing, retail and […]
