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Verizon reported consolidated operating revenues of $32.2 billion for Q2 2018, up 5.4 percent from second-quarter 2017. On a comparable basis excluding the impacts of Oath, divested businesses and the revenue recognition standard (non-GAAP), consolidated revenues were $30.2 billion, up approximately 2.6 percent. Net income was $4.2 billion and EBITDA (non-GAAP) totaled approximately $11 billion. […]
AT&T reported solid wireless results in the second quarter, including postpaid phone gains, continued strong prepaid phone growth and stable postpaid churn. On a GAAP basis, service revenue declined; however, on a comparable basis service revenue grew. Consolidated revenue totaled $39.0 billion versus $39.8 billion in the year-ago. Declines in domestic video and legacy wireline […]
Openreach announced a new, supplementary wholesale discount structure for fibre broadband in the UK in return for volume commitments. Openreach said it would offer long-term discounts to all of its Communication Provider (CP) customers from 21 August. The discounts go beyond Ofcom’s pricing controls on its superfast broadband products. BT believes that the new pricing […]
The University of New Hampshire InterOperability Laboratory (UNH-IOL) named Jeff Lapak as executive director of the UNH-IOL. Michayla Newcombe has been promoted to associate director of UNH-IOL. Before this appointment, Jeff has held the positions of associate director, industry lead, and senior manager at the UNH-IOL. As a leader, he’s helped oversee development for many […]
Infinera agreed to acquire privately-held Coriant, creating one of the world’s largest optical network equipment providers. Infinera will pay approximately $150 million in cash at closing, and estimated additional amounts of $25 million in the two quarters post-closing and $55 million over a period of years. Infinera will issue approximately 21 million shares, which when […]
Singtel expects to kickoff its 5G trial by the fourth quarter of this year. The 5G pilot network, which will be conducted in partnership with Ericsson, will occr a0t one-north, the country’s science, business and IT hub. Singapore’s Info-Communications Media Development Authority (IMDA) has allocated spectrum for the trial. “5G has the potential to accelerate […]
Verizon has selected Ericsson to supply 4G equipment in additional markets across the U.S. Financial terms were not disclosed. The installations include Ericsson Radio System 4G LTE equipment, which is a 5G-ready platform that will allow Verizon to rapidly transition sites to 5G when they deploy the service in those markets. Specifically, Ericsson said the […]
Qualcomm Technologies has begun sampling fully-integrated 5G NR millimeter wave (mmWave) and sub-6 GHz RF modules for smartphones and other mobile devices. The Qualcomm QTM052 mmWave antenna module family and the Qualcomm QPM56xx sub-6 GHz RF module family pair with the Qualcomm Snapdragon X50 5G modem to deliver modem-to-antenna capabilities across several spectrum bands, in […]
Iron Mountain, which specializes in secure corporate storage solutions, is working with Google to develop AI-powered SaaS solutions on Google Cloud Platform that help organizations analyze their vast physical and digital information and data repositories, to unlock insights, improve decision making and create new revenue streams. Iron Mountain expects to deliver these new subscription services […]
Arista’s Any Cloud hybrid cloud networking platform is now available on Google Cloud Platform. This includes the virtualized Arista vEOS Router combined with CloudVision with Cloud Tracer functionality. Arista’s vEOS Router leverages a cloud-grade routing stack and IPsec VPN tunnels to reliably and securely interconnect workloads across multi-cloud deployments. In addition, vEOS Router is integrated […]
Alphabet reported revenue of $32.657 billion for its Q2 ended 30-June-2018 up 26% versus the second quarter of 2017 and 23% on a constant currency basis. “We delivered another quarter of very strong performance, with revenues of $32.7 billion, up 26% versus the second quarter of 2017 and 23% on a constant currency basis. Our […]
Digital Realty announced dedicated, private access to the IBM Cloud in 15 major metropolitan areas around the world. These Direct access to IBM Cloud is now available through the Digital Realty Service Exchange and IBM Cloud Direct Link via more than 70 Digital Realty data centers in Amsterdam, Ashburn, Atlanta, Boston, Chicago, Dallas, Frankfurt, Hong […]
Toshiba Memory Corporation launched its first NVM Express SSDs utilizing 96-layer, fourth generation, 3D BiCS FLASH memory technology. The new XG6 series client SSDs features a PCI Express (PCIe) Gen3 x 4Lane and NVM Express (NVMeTM) 1.3a interface. The XG6 series delivers sequential write performance of up to 2960 MB/s in client SSDs. Sequential read […]
