
Cambium posts disappointing Q2, appoints former CommScope exec as CEO
Cambium Networks reported Q2 evenues of $59.5 million, a decrease of 23% sequentially, and an increase of 14% year-over-year. There was a net loss…
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Converge Digest tracks the business decisions that determine how infrastructure markets evolve. Coverage includes quarterly results, guidance, executive transitions, mergers and acquisitions, venture funding, restructuring, strategic partnerships, manufacturing investment and the capital programs behind new network and compute capacity.
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Latest reporting ↓02Acquisitions, divestitures, integrations and portfolio restructuring.
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Cambium Networks reported Q2 evenues of $59.5 million, a decrease of 23% sequentially, and an increase of 14% year-over-year. There was a net loss…

Nile, a start-up based in San Jose, California, closed a $175 million Series C investment round, bringing its total funding to date to $300…

Cisco has acquired Code BGP, a privately held BGP monitoring company based in Greece. Financial terms were not disclosed. Code BGP was founded in…

Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, and TPG, a global asset management firm, agreed to acquire…

Arista Networks reported record revenue of $1.459 billion for Q2 2023, an increase of 8.0% compared to the first quarter of 2023, and an…

BT Group plc selected Allison Kirkby as its next Chief Executive, replacing Philip Jansen as Chief Executive around the end of January 2024 at…

Ceragon Networks named Ilan Rosen as its new Chairman of the Board, succeeding Zohar Zisapel, who sadly passed away on May 19, 2023. Rosen…

Zohar Zisapel, network entrepreneur and co-founder of the RAD Group of companies in Israel, passed away due to cancer on May 20, 2023, at…

Digital Realty reported revenues for the second quarter of 2023 of $1.4 billion, a 2% increase from the previous quarter and a 20% increase…

Juniper Networks reported quarterly net revenues of $1,430.1 million, an increase of 13% year-over-year and an increase of 4% sequentially. Non-GAAP operating margin was…

T-Mobile US reported Q2 service revenues of $15.7 billion, up 3% year-over-year, and Postpaid service revenues of $12.1 billion, up 5% year-over-year. Net income…

AT&T posted Q2 revenues of $29.9 billion, up 0.9% year over year, and operating income of $6.4 billion, up 29.3% year over year. Communications…

Verizon reported total operating revenue of $32.6 billion, a decrease of 3.5 percent from second-quarter 2022, however, total wireless service revenue grew 3.8 percent…
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