Financials

BT reported full year FY23 revenue of £20.7bn, down 1% with the growth in Openreach more than offset by decline in the other units. Adjusted EBITDA was £7.9bn, up 5%...

Cisco reported third quarter revenue for the period ended April 29, 2023 of $14.6 billion, up 14% year-over-year. Net income (GAAP) was $3.2 billion or $0.78 per share, and non-GAAP net...

Keysight Technologies posted Q2 revenue of $1.39 billion, up 3% compared with $1.35 billion last year, or 5 percent on a core basis, which excludes the impact of foreign currency...

NTT Group’s consolidated operating revenues for the fiscal year ended March 31, 2023 were 13,136.2 billion yen (an increase of 8.1% from the previous fiscal year), consolidated operating profit was...

The domestic operations of NTT Data will be reorganized under a local holding company effective 0-July-2023. NTT Data's domestic business has been steadily expanding, reaching a business scale of over...

ServiceNow agreed to acquire G2K, a privately-held company based in Munich, Germany that processes real-time data across storefronts and other physical spaces. Financial terms were not disclosed. G2K, which was...

Vodafone and Emirates Telecommunications (e&, formerly Etisalat) announced a strategic relationship that establishes e& as a cornerstone shareholder of Vodafone. The deal is the next phase in a strategic relationship...

ADTRAN reported first quarter revenue of $323.9 million. Net loss inclusive of the non-controlling interest for the first quarter of 2023 was $40.5 million. Net loss attributable to the company for...

Cisco announced a program that will allow customers purchasing products or solutions before July 29, 2023, to defer all payments until 2024. All Cisco solutions are eligible for this new...

On March 26, 2023, Western Digital was hit by a network security incident where an unauthorized third party gained access to a number of the company’s systems. The company's My...

The U.S. National Science Foundation (NSF) will spend $140 million to establish seven new National Artificial Intelligence Research Institutes (AI Institutes) with the goal of promoting ethical and trustworthy AI...

Roary Stasko has been appointed as the new CEO of Telstra’s International business, starting 1 July, replacing Oliver Camplin-Warner, who will be moving to head up the Telstra Purple business...

Cyxtera, which offers data center colocation and interconnection services, received $50 million in new financing from certain of its lenders holding over two-thirds of its outstanding term loan. The company...