A journal for networking and telecoms
Coverage archive
Browse Converge Digest reporting from this month.
Reporting
AWS introduced a serverless option for Amazon Neptune, which is itsfully managed graph database service for apps based on highly-connected datasets. Neptune supports open and popular graph query languages for powering use cases such as recommendation engines, fraud detection, knowledge graphs, drug discovery, and network security. Neptune has always been fully managed and handles time-consuming […]
Intel reported Q3 2022 revenue of $15.3 billion, down 20% from $19.2 billion a year earlier. Gross margin dropped to 42.6% from 56.0% a year earlier, while earnings per share fell 85% yoy to $0.25 from $1.67. “Despite the worsening economic conditions, we delivered solid results and made significant progress with our product and process […]
In its quarterly financial statement, Amazon reported AWS sales of $20.5 billion, a increase of 27% year-over-year (28% excluding changes in foreign exchange rates). AWS segment operating income was $5.4 billion, compared with operating income of $4.9 billion in third quarter 2021. An interesting note — AWS has supplied Snowball devices, which are ruggedized compute […]
The transceiver market is on track for another year of strong (14%) revenue growth in 2022, after increasing by 10% in 2021, and 17% in 2020, according to an updated Optical Components forecast from LightCounting. The report predicts growth will slow to 4% in 2023, prior to recovering in 2024-2025. Some highlights: Strong sales of […]
T-Mobile US announced additions of 394,00 postpaid net account additions in Q3 2022, a new record for the company. Postpaid phone churn was a low of 0.88%. The company also reported 578,000 High Speed Internet net customer additions. As a result, T-Mobile US raised its 2022 guidance for the third consecutive quarter. “We’ve always said […]
Versa Networks secured additional financing of $120 million for its single-vendor SASE platform, which delivers AI/ML-powered SSE and SD-WAN. The pre-IPO round was led by funds and accounts managed by BlackRock, Inc. Silicon Valley Bank (SVB) also participated in the funding. “As the leader in SASE, the fastest growing security and networking category, and executing […]
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, invested an additional $570.0 million, which, together with its initial $2.5 billion investment in August 2022, on a fully converted basis and based on the currently outstanding equity, represents an approximately 36% ownership interest in American Tower’s U.S. data center business. The conversion […]
XL Axiata signed a collaboration agreement with Huawei to develop “5G City”, with the aim to realize a smart city through 5G networks, predict the evolution of technology, operate network intelligently, and improve user experience. XL Axiata and Huawei are working together on following scope: green 5G with simplified site solution, multi antenna radio modules, […]
Comcast’s Xfinity Mobile MVNO service has surpassed five million customer lines after five years on the market “We set out to build a different kind of mobile service designed for the way people use their phones today – with the Internet at the center of the experience. Our goal is simple – keep our Internet […]
Bharti Airtel has contracted Aviat Networksfor wireless multiband radio solutions. Airtel will deploy Aviat’s all outdoor WTM 4800 E-Band and Multi-Band solutions to significantly expand the capacity of their microwave backhaul network. Aviat’s Multi-Band vendor agnostic feature enables traffic aggregation from multiple links which in turn improves network congestion and gives better speeds to customers. […]
Meta reported a drop in Q3 revenue and profitability along with rapidly rising capital expediture costs as it invests in infrastructure and metaverse development. Third Quarter 2022 Operational Highlights Family daily active people (DAP) – DAP was 2.93 billion on average for September 2022, an increase of 4% year-over-year. Family monthly active people (MAP) – […]
NTT Ltd. opened its latest data center in Johannesburg, South Africa. Johannesburg 1 Data Center is part of NTT’s expansion into the African continent with a capacity of 12MW covering 6,000m² of IT space once fully built out. The technical infrastructure is supported by N+1 uninterruptible power supply systems (UPS), N+1 generator backup, and highly […]
Fujikura introduced a high performance heat pipe for data center cooling that doubles the maximum heat transfer capacity compared with our conventional products. A heat pipe is an evacuated and sealed container charged with a small quantity of working fluid. Without the assistance of any external force, a heat pipe can transfer heat from one […]
