Mavenir bulks up with $100M capital raise
Mavenir announced the closing of a $100 million capital raise, adding to its $250 million capital raise in 2022. The fundraising round was anchored…
A journal for networking and telecoms
A journal for networking and telecoms
Corporate strategy coverage
Following earnings, leadership changes, acquisitions, divestitures, funding, partnerships and capital allocation across networking, telecom, cloud and AI infrastructure.
Coverage architecture
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.
Revenue, margins, guidance, backlog, capital expenditure and segment trends.
Latest reporting ↓02Acquisitions, divestitures, integrations and portfolio restructuring.
Latest reporting ↓03CEO and board transitions, organizational changes and operating priorities.
Latest reporting ↓04Funding rounds, strategic investments, joint ventures and ecosystem agreements.
Latest reporting ↓Latest reporting
Mavenir announced the closing of a $100 million capital raise, adding to its $250 million capital raise in 2022. The fundraising round was anchored…
Citing lower than expected NEMs and semiconductor R&D spending, VIAVI reported quarterly net revenue was $247.8 million, down $67.7 million or 21.5% year-over-year. GAAP…
AMD reported Q1 revenue of $5.4 billion, gross margin of 44%, operating loss of $145 million, net loss of $139 million and diluted loss…
Cogent Communications completed its previously announced acquisition of T-Mobile’s Wireline Business, which is the legacy Sprint U.S. long-haul network. The deal greatly expands Cogent’s…
Citing a recovering supply chain, Arista reported Q1 2023 revenue of $1.351 billion, an increase of 5.9% compared to the fourth quarter of 2022,…
Lattice Semiconductor, reported Q1 revenue of $184.310 million, up 22% compared to Q1 2022 and 5% compared to Q4 2022, which represented the twelfth…
AWS sales increased 16% year-over-year in Q1 2023 to reach $21.4 billion, representing 16% of Amazon.com overall revenue for the quarter. Q1 operating income…
T-Mobile US reported Q1 service revenues of $15.5 billion, up 3% year-over-year, including postpaid service revenue growth of 6% year-over-year. Net income of $1.9…
Juniper Networks reported quarterly net revenues og $1,371.8 million, an increase of 17% year-over-year and a decrease of 5% sequentially. Non-GAAP net income was…
Vodafone has appointed Margherita Della Valle as its new Group Chief Executive. Della Valle currently serves as the company’s CFO. Her previous roles within…
Alphabet reported Google Cloud revenue o $7.454 billion for Q1, up from $5.821 billion. Google Cloud delivered operating income of $191 million for Q1,…
stc Group’s infrastructure subsidiary, TAWAL, agreed to acquire United Group’s telecommunications tower assets fir EUR 1.22 billion. Following completion of the acquisition, TAWAL will…
AT&T reported Q1 communications revenue of $29.2 billion, up 1.0% year over year due to increases in Mobility and Consumer Wireline, which more than…
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