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Nokia and Samsung extended their patent license agreement, which would otherwise have expired at the end of 2018. Under the agreement, Samsung will make payments to Nokia for a multi-year period beginning 1 January 2019 onwards. The terms of the agreement remain confidential between the parties. “Samsung is a leader in the smartphone industry and […]
Jumping right back after nearly getting shut down as a result of the U.S. export ban, ZTE Corporation reported net profit of RMB 564 million for the third quarter. ZTE reported operating revenue of RMB 19.3 billion, and its R&D investment reached RMB 3.47 billion, covering 17.9% of the quarter’s revenue, a year-on-year increase of […]
ADVA Optical Networking reported Q3 2018 revenue of EUR 126.2 million, up 2% from EUR 123.8 million in Q2 2018 and increased by 13.5% from EUR 111.2 million in the same year-ago period. Revenues for Q3 2018 were within the guidance forecast the company provided on July 19, 2018 of between EUR 123 million and […]
US Electrodynamics (USEI), a satellite and telecommunications company headquartered that operates teleports in both Brewster, Washington and Vernon Valley, New Jersey, selected Ciena’s packet networking portfolio to upgrade its network to a 100G backbone. USEI, which supports a variety of customers across the broadcast, aviation, maritime and government sectors, will uprade its current national 10G […]
Mellanox Technologies reported record revenue of $279.2 million for Q3 2018, an increase of 23.7 percent, compared to $225.7 million in the third quarter of 2017. GAAP gross margins of 65.8 percent in the third quarter, compared to 65.7 percent in the third quarter of 2017. GAAP net income was $37.1 million in the third […]
Arctic Wolf Networks, a start-up based in Sunnyvale, California with offices in Ontario, Canada, raised $45 million in series C funding for its security operations center (SOC)-as-a-service. Arctic Wolf will use the new funding to accelerate company growth and meet the soaring demand for its SOC-as-a-service offering. The Arctic Wolf service provides a cloud-based security […]
President Trump issued a memorandum directed the Department of Commerce and federal agencies to develop a National Spectrum Strategy. The goal is to provide a comprehensive roadmap for policy makers on all levels. https://www.whitehouse.gov/briefings-statements/president-donald-j-trump-leading-way-wireless-technology-empowering-american-innovation-2/
BT Group appointed Philip Jansen as its new Chief Executive and as Executive Director on its Board. He will join the company on 1 January 2019 and following a handover period will take over from Gavin Patterson as Chief Executive on 1 February 2019. Philip Jansen, 51, has served as CEO of Worldpay since 2013, […]
Telstra CEO Andrew Penn signed a 5G strategic partnership agreement President and CEO Ericsson Börje Ekholm. The signing ceremony coincided with Telstra activating its 50th 5G site in Australia. Canberra, Adelaide and Perth are among the first locations in Australia to be upgraded with 5G technology. Adelaide’s first mobile base station to be upgraded to […]
Qualcomm and Ericsson ompleted the first 3GPP Rel-15 spec compliant 5G NR over-the-air (OTA) call over sub-6 GHz bands on a smartphone form factor mobile test device. The OTA call was conducted in the Ericsson Lab in Stockholm, Sweden on the 3.5 GHz band and Ericsson’s commercial 5G NR radio AIR 6488 and baseband products […]
Microsoft Azure announced the expansion of Availability Zones into two additional regions, North Europe and West US 2. The company also announced an expanded list of zone-redundant services including Azure SQL Database, Service Bus, Event Hubs, Application Gateway, VPN Gateway, and ExpressRoute. AWS Regions are comprised of Availability Zones, which refer to technology infrastructure in […]
Citing continued demand for cloud services, Microsoft reported record quarterly revenue of $29.1 billion, up 19%, while diluted earnings per share were $1.14, up increased 36%. “Our record results for Q1 reflect our commitment to long-term strategic investments and consistent execution to drive revenue growth and operating margin expansion,” said Amy Hood, executive vice president […]
AT&T reported consolidated Q3 revenues of $45.7 billion versus $39.7 billion in the year-ago quarter, up 15.3%, primarily due to the Time Warner acquisition. The company recorded a positive 4.3 million mobile net adds along with a 2.3% increase in mobile service revenues. (On a GAAP basis, service revenues declined 3.4%). However, there were declines […]
