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T-Mobile US to enter pay TV business

T-Mobile US’ CEO John Legere announced the company’s entrance into the pay-TV business. T-Mobile has agreed to acquire Layer3 TV, a provider of IP-based video service that was founded in 2013 by cable veterans Dave Fellows and Jeff Binder. Layer3 TV, which is based in Denver, streams its service to a custom set-top box with […]

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Rivada offers $25M for Los Angeles’ public safety LTE assets

Rivada Networks is bidding $25 million to acquire the LTE assets of the Los Angeles Regional Interoperable Communications System (LA-RICS) The company said its bid is more than double the $12 million offered by AT&T. “Yet again, AT&T is shortchanging public safety with a low-ball offer for LA-RICS’s assets,” Chairman and CEO Declan Ganley said. […]

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Tintri posts quarterly revenue drop for its enterprise cloud platform

Tintri, which offers an enterprise cloud platform and which completed its IPO on 30-June-2017, reported quarterly revenue of $31.8 million, down 6% year-over-year There was a quarterly net loss per share of ($1.21) per share GAAP, and ($0.79) per share non-GAAP. “We made progress in the quarter by expanding our differentiated technology portfolio with two […]

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Warburg Pincus buys 20% stake in Bhartin Telemedia

Warburg Pincus will acquire a 20% equity stake in Bharti Telemedia, a subsidiary of Bharti Airtel that offers Direct To Home (DTH) satellite service under the Airtel TV brand, for US$350 million. The business unit has approximately 14 million subscribers according to financial filings. Viraj Sawhney, Managing Director, Warburg Pincus India, is expected to join […]

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AWS partners with Ningxia Western Cloud Data for 2nd data center region in China

Amazon Web Services (AWS) has formed a strategic partnership with Ningxia Western Cloud Data Technology Co. Ltd. (NWCD). AWS will use data centers and cloud infrastructure operated by NWCD to launch AWS China (Ningxia) Region, its second cloud region in China. NWCD operates and provides services from the AWS China (Ningxia) Region in full compliance […]

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Iron Mountain to acquire IO Data Centers U.S. for $1.3B

Iron Mountain agreed to acquire the U.S. operations of IO Data Centers LLC, a colocation data center services provider based in Phoenix, Arizona, for $1.315 billion plus up to $60 million based on future performance. The deal includes the land and buildings associated with four state-of-the-art data centers in Phoenix and Scottsdale, Arizona; Edison, New […]

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FirstNet adds “Ruthless Preemption” feature

FirstNet, which in partnership with AT&T is building the nationwide public safety broadband network, announced the release of “ruthless preemption” for first responder subscribers across the country. Preemption is a mission-critical feature that enables first responders on FirstNet to communicate and coordinate during emergencies, large events or other situations where commercial networks can become congested. […]

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Zayo to provide European Dark Fiber to Global Webscale Company

Zayo announced a major contract to provide a global webscale company (not named) with significant amounts of dark fiber in Europe. Financial terms were not disclosed. The solution consists of more than 835 miles (1,350 kilometers) of long-haul dark fiber located on multiple strategic routes in the UK and France. The solution utilizes Zayo’s significant […]

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Tencent deploys Mellanox RDMA and Intelligent Interconnect Acceleration Engines

Tencent Cloud has adopted Mellanox interconnect solutions for its high-performance computing (HPC) and artificial intelligence (AI) public cloud offering. Specifically, the Tencent Cloud infrastructure leverages Mellanox Ethernet and InfiniBand adapters, switches and cables to deliver advanced public cloud services. Tencent also employs Mellanox RDMA, in-network computing and other interconnect acceleration engines. “Tencent Cloud is utilizing […]

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Verizon opens 5G incubator in NYC’s Silicon Alley

Verizon opened a 5G-enabled Open Innovation lab in New York’s Silicon Alley.  The facility, which was created in partnership with Alley, a co-working community that collocates startups, accelerators, and entrepreneurs, aims to work with startups and academics to unlock new use cases and experiences through trials and prototypes using Verizon’s pre-commercial 5G technology. “5G brings […]

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Fiber Broadband Association elects Kevin Morgan as Chair

Kevin Morgan has been elected to the position of Chairman-Elect for the Fiber Broadband Association (formerly the Fiber to the Home Council Americas), which is an industry that promotes all-fiber-optic network infrastructure to the home, to the business, and everywhere. Morgan will serve one year as Chairman-Elect then move to the position of Chairman of the […]

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Corning to acquire 3M’s communications division for $900 million

Corning agreed to acquire 3M’s Communication Markets Division in a cash transaction valued at approximately $900 million. This business consists of optical fiber and copper passive connectivity solutions for the telecommunications industry including 3M’s xDSL, FTTx, and structured cabling solutions and, in certain countries, telecommunications system integration services. 3M’s Communication Markets Division, which is based […]

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