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Broadcom boosted its unsolicited bid to acquire Qualcomm to $121 billion, or $82 per share, consisting of $60.00 in cash and the remainder in Broadcom shares. Broadcom described the bid as its “best and final offer”, saying that it is prepared to pay to Qualcomm “a significant “reverse termination fee” in an amount appropriate for […]
Ampere, a start-up based in Santa Clara, California, emerged from stealth and revealed its plans for 64-bit ARM-based server processors aimed at hyperscale cloud applications and next-generation data centers. Ampere Computing is headed by Renee James, the former president of Intel until 2016. Its team also includes three other Intel veterans: Atiq Bajwa, Chief Architect, […]
Singtel will subscribe to new shares in Bharti Telecom under a proposed preferential allotment. Specifically, Singtel International Investments will be allotted up to 85,450,000 new equity shares in Bharti Telecom at an issue price of INR310 per equity share. This will increase Singtel’s stake in Bharti Telecom by up to 1.7% for an aggregate consideration […]
Corning has opened a new cable manufacturing facility in Newton, North Carolina. The factory will employ more than 200 people and is part of Corning’s previously announced plan to invest more than $250 million in its optical fiber, cable, and solutions manufacturing facilities. In North Carolina, in addition to this new plant in Newton, Corning […]
Telstra opened a 5G Innovation Centre at its Southport Exchange on the Gold Coast.. The 5G Innovation Centre is hosting several 5G demonstrations: Australia’s first 5G field trial using a moving vehicle demonstrating how the high bandwidth and low latency of 5G can deliver an immersive view from the driver’s perspective via virtual reality headsets […]
Oclaro reported revenues of $139.3 million for its second quarter of fiscal 2018, compared with revenues of $155.6 million in the first quarter of fiscal 2018, and revenues of $153.9 million in the second quarter of fiscal 2017. GAAP gross margin was 37.2% for the second quarter of fiscal 2018, down from 39.5% in the […]
We’ve entered a period in which subsea capacity along the major transoceanic routes is expanding by leaps and bounds, and the Pacific is no exception. For years, the four fibre pair Pacific Crossing (PC-1) has ruled the roost for bandwidth between the west coast of the United States and Asia. Pacific Crossing’s 21,000 km fiber […]
ATX Networks, which supplies network infrastructure systems and commercial video solutions, has appointed Charlie Vogt as President and CEO, replacing Ken Wildgoose, who led the company as its President and then CEO for the last 18 years. Mr. Wildgoose will remain with ATX as an advisor and continue to serve on the Company’s Board of […]
Openreach announced plans to accelerate its rollout of Fibre to the Premises (FTTP) across the UK. The new “Fibre First Programme” represents a strategic shift in the way that Openreach thinks about last mile infrastructure. Going forward, the company will seek to deploy “fibre first” wherever possible, including in rural areas. Openreach said its new […]
Enterprise customers desire flexibility, agility, self-service, and clean economics in their network infrastructure. Tata Communications has invested in an SD-WAN that meets these expectations, says Bob Laskey, Senior VP and Regional Head of Americas, Tata Communications. See video: https://youtu.be/6fcYxaFDbww
Eir, the former incumbent telecoms operator in Ireland, has withdrawn its bid from Ireland’s National Broadband Plan (NBP) tender process. The company, which was shortlisted due to its extensive network infrastructure and business experience, cited significant commercial issues and complexity with the tender process. Eir concluded that the uncertainty on a range of regulatory and […]
ZTE has added 35b bonding profile support to its VDSL2 CPE device. Profile 35b technology can provide downstream rates three times those of profile 17a by expanding the spectrum to 35 MHz. ZTE said the 35b bonding profile enables the CPE to deliver 500 Mbps downstream and 100 Mbps upstream rates over a 200-meter telephone […]
Verizon chairman and CEO Lowell McAdam and KT chairman and CEO Chang-Gyu Hwang conducted a pre-commercial 5G video call on Sunday, February 4, 2018. McAdam was in Minneapolis and Hwang was in Seoul. Both participants used a prototype 5G tablet from Samsung.
